D-Wave Quantum Inc.(QBTS)
NASDAQ

QBTS Stock Analysis — July 2026

$16.73
-0.19 (-1.12%)

QBTS Stock Price Today (July 2026) — D-Wave Quantum Inc. Analysis & Key Metrics 2026-07-17

D-Wave Quantum Inc. (QBTS) is trading at $16.73, down 1.12% today (as of July 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $37.39 (123.5% upside).
  • Volatility remains elevated (52.93% annualized), implying wide price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (-80.90% YoY) alongside significant competitive pressures.

QBTS Stock Analysis: Key Metrics & Valuation (July 2026)

Concise, actionable data for investors

Trend posture
Short-term pullback in long-term uptrend
Analyst 1Y target37.3853123.5%
Volatility (30d ann.)52.9261High
RSI (14-day)
23.68 (Neutral)
Debt$46.82M (4.17 D/E)

D-Wave Quantum Inc. - Historical Price & Volume

$16.73
+15.71 (+1540.20%)
Price
Volume
Current Price Line
Range: 2Y

Market Cap

$8.89B

Enterprise Value: $8.33B

P/E Ratio

-14.68

Forward P/E: -61.51

Revenue Growth

-80.90%

Year over Year

Analyst Target

$37.39

+123.5% upside potential

Key Investor Questions About QBTS

What investors need to know before buying

Is it a good time to buy QBTS stock?

Based on current market data, QBTS presents a oversold technical setup with challenging fundamentals.

  • Technicals say: Oversold (RSI 23.68)
  • Fundamentals say: Challenging (declining revenue trends)
Can QBTS sustain revenue growth in the Computer Hardware market?

QBTS's growth trajectory depends on its ability to expand within the Computer Hardware sector while managing margin pressures.

  • Future growth will depend on performance in core Computer Hardware operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing QBTS stock?

The primary risks for QBTS investors include debt exposure and competitive dynamics in the Computer Hardware industry.

  • $46.82M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Computer Hardware.

52-Week Trading Range

52-Week Low$12.75
52-Week High$46.75
Current Price$16.73

Over the past year, QBTS stock traded between $12.75 and $46.75—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility52.93%
Beta2.78
RSI (14-day)23.68

With 52.93% annualized volatility and β=2.78, the stock exhibits high sensitivity to market moves—making QBTS suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership2.19%
Institutional Ownership48.92%
Shares Short55.75M

Lower institutional support combined with high short selling points to negative sentiment.

Analyst Sentiment & Price Targets

Mean Target
$37.39
Upside Potential
123.5%
Recommendation
strong_buy
Analysts see strong upside potential with a target of $37.39. The 123.5% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

BenzingaJul 18, 2026

'Getting Started Is Much Easier Than It Used to Be,' Says an Investor Making $2,500 a Month From an Overlooked Stock Market Strategy

Generating a few thousand dollars a month from the stock market sounds like the kind of promise usually followed by a sales pitch. But one investor says he’s been doing exactly that with a strategy that many everyday investors have...

ZacksJul 17, 2026

D-Wave Quantum Stock Slides 29% in July: Should You Buy the Dip?

QBTS has tumbled 29% so far in July despite strategic advances. Can its Nasdaq move and upcoming earnings shift sentiment as macro pressures persist?

ZacksJul 17, 2026

5 Quantum Computing Stocks Set for Huge Price Upside in 2H 2026

Quantum Computing stocks QBTS, RGTI, IONQ, QUBT and QNT lagged in 2026 but carry sizable brokerage upside as U.S. policy shifts toward commercialization.

Simply Wall St.Jul 16, 2026

Has D Wave Quantum (QBTS) Become Too Expensive After Its 7x Run?

D-Wave Quantum stock has delivered a very large 3 year gain while recent valuation checks and the sharp pullback in the share price raise questions about how much optimism is already reflected in today’s US$18.27 level. The share price is up more than 7x over the past 3 years, which puts extra focus on whether recent enthusiasm has run ahead of the fundamentals. Recognition as a leader in an independent quantum computing vendor assessment and significant government funding can support high...

ZacksJul 16, 2026

Can QUBT's Commercial Growth Focus Maintain Momentum in Q2

Quantum Computing has entered Q2 with a $16 million backlog, manufacturing expansion and Dirac testing underway as it pushes to scale commercial quantum hardware.

ZacksJul 16, 2026

D-Wave's System Sales Outlook Improves on Strong Customer Demand

QBTS raises its system sales outlook after record bookings and surging demand, with bigger deals and recurring revenue expected to support growth.

ZacksJul 15, 2026

Quantum Stocks Witness Correction: Why QUBT is the Best Buy Now

Quantum Computing's pullback may offer an entry point as improving revenues, acquisitions and commercial momentum support its rebound outlook.

MarketBeatJul 15, 2026

2 Quantum Stocks That Could Challenge IonQ’s Leadership

As IonQ shares slide amid a lofty valuation, Quantinuum and Quantum Computing Inc. emerge as speculative alternatives with strong cash positions but minimal revenue and rising expenses.

Insider MonkeyJul 15, 2026

Analysts See More Than 90% Upside for D-Wave Quantum (QBTS)

D-Wave Quantum Inc. (NYSE:QBTS) is one of the Best Quantum Computing Stocks to buy and Hold Forever. Analysts project more than 99% upside from the current level over the next 12-months. This comes despite the stock being down 15.6% over the past month. The bullish sentiment is based on an impressive 2000% year-over-year surge in […]

ZacksJul 14, 2026

IonQ Slides 36% in a Month: A Buying Opportunity Ahead of Q2 Earnings?

IONQ plunges 36% in a month despite strong revenue growth and a higher 2026 outlook. Can Q2 earnings confirm the selloff was sentiment-driven?

Frequently Asked Questions

Common investor questions about D-Wave Quantum Inc.

D-Wave Quantum Inc. (QBTS) is currently trading at $16.73. The RSI (14-day) is at 23.7, indicating oversold territory (potentially undervalued). Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $37.39 implies 123.5% upside from current levels. Volatility is high at 52.9% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for D-Wave Quantum Inc. (QBTS): The trailing P/E ratio is -14.68, which is below the market average of ~20-22, suggesting the stock may be undervalued relative to peers. The forward P/E is -61.51, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 5.51. Price-to-Sales is 493.76. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.

Based on 15 analysts covering QBTS, the consensus price target is $37.39. This represents a 123.5% upside from the current price of $16.73. The range spans from a low target of $22.00 to a high target of $45.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

D-Wave Quantum Inc. (QBTS) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.

Key risks for D-Wave Quantum Inc. (QBTS) investors include: 1. High volatility (52.9% annualized)—the stock can experience significant daily price swings. 2. Declining revenue (-80.9% YoY), indicating potential business headwinds. 3. Elevated short interest (17.1% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Computer Hardware sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is D-Wave Quantum Inc.'s (QBTS) current debt and financial health profile: Total debt stands at $46.82M. The debt-to-equity ratio is 4.17, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 21.41, indicating strong short-term liquidity. The quick ratio is 21.13. The company holds $588.40M in cash and equivalents. Free cash flow is negative at $-63,507,248, which could limit the company's ability to manage debt obligations.