D-wave Quantum (QBTS) Stock
Quantum computing hardware and software for cloud access. Here's the price, business snapshot, and what's worth knowing about D-wave Quantum in October 2026.
D‑Wave Quantum Inc (QBTS) develops quantum computing systems, software and services centred on quantum annealing and hybrid quantum–classical processing. The company supplies specialised hardware, developer tools and cloud-based access intended to tackle optimisation, machine learning and materials-design problems where quantum approaches may offer advantages. With a market capitalisation of about $11.01 billion, D‑Wave is one of the more prominent pure-play names in the nascent quantum sector. Investors should know this is an early-stage industry: commercial traction and clear, repeatable advantages are still emerging and tend to be problem-specific. D‑Wave has emphasised partnerships, cloud delivery and hybrid solvers to broaden real-world use, but competition, sustained R&D spend and investor sentiment can lead to share-price volatility. This summary is general educational information, not personalised investment advice. Prospective investors should consider their risk tolerance and consult a financial adviser before acting.
D-wave Quantum (QBTS) Stock Forecast
Analyst price target, next 12 months
$25.08
+59.0% vs today's $15.77
Price range over the last 12 months
Close to its 12-month low
Analysts covering D-wave Quantum have a consensus 12-month target of $25.08, above the current price of $15.77.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 5 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying D-Wave stock, believing its price could rise significantly in the future.
Financial Health
D-WAVE is generating solid revenue and cash flow, with a strong profit margin indicating good efficiency.
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Why You’ll Want to Watch This Stock
Quantum Annealing Focus
D‑Wave specialises in quantum annealing hardware and hybrid solvers that target optimisation tasks; promising for niche problems but performance varies by use case.
Commercial Traction Signals
Partnerships and cloud adoption can indicate growing customer interest, yet revenue scale and repeatable business models remain evolving; expect volatility.
Cloud and Ecosystem
Cloud access and developer tools aim to broaden experiments and use cases, though wider commercial adoption depends on demonstrable advantages and sustained investment.
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