---
title: "D-Wave Quantum (QBTS) Expected to Announce Quarterly Earnings on Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285261700.md"
description: "D-Wave Quantum (NYSE:QBTS) is set to announce its Q1 2026 earnings on May 12, with analysts predicting a loss of $0.08 per share and revenue of $4.194 million. The company previously reported a loss of $0.09 per share and revenue of $2.75 million for Q4 2025. Despite operational challenges, analysts maintain a bullish outlook, with several firms setting price targets between $35 and $48. The stock has shown volatility, trading at $21.53 recently, with a market cap of $7.96 billion."
datetime: "2026-05-05T20:27:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285261700.md)
  - [en](https://longbridge.com/en/news/285261700.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285261700.md)
---

# D-Wave Quantum (QBTS) Expected to Announce Quarterly Earnings on Tuesday

D-Wave Quantum (NYSE:QBTS - Get Free Report) will likely be announcing its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $4.1940 million for the quarter. Investors may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 8:00 AM ET.

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D-Wave Quantum (NYSE:QBTS - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.04). The company had revenue of $2.75 million for the quarter, compared to analyst estimates of $3.74 million. D-Wave Quantum had a negative return on equity of 58.58% and a negative net margin of 1,444.10%.D-Wave Quantum's quarterly revenue was up 21.7% compared to the same quarter last year. On average, analysts expect D-Wave Quantum to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

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## D-Wave Quantum Stock Performance

D-Wave Quantum stock traded up $0.61 during mid-day trading on Tuesday, reaching $21.53. The company's stock had a trading volume of 19,194,460 shares, compared to its average volume of 29,484,844. The firm has a market cap of $7.96 billion, a price-to-earnings ratio of -19.57 and a beta of 1.95. The business has a 50 day moving average price of $17.44 and a 200-day moving average price of $23.37. The company has a current ratio of 42.38, a quick ratio of 42.25 and a debt-to-equity ratio of 0.04. D-Wave Quantum has a twelve month low of $6.82 and a twelve month high of $46.75.

## D-Wave Quantum News Summary

-   MarketBeat Week in Review – 04/20 - 04/24

Here are the key news stories impacting D-Wave Quantum this week:

-   Positive Sentiment: D‑Wave announced a full‑day user conference, Qubits Europe 2026 (London, June 18) to showcase customer use cases and product roadmaps — a direct commercial catalyst that can drive customer adoption, partnerships and visibility in Europe. D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference
-   Positive Sentiment: Wall Street remains largely bullish: most analysts covering QBTS maintain Buy ratings and consensus expectations call for ~ $4.1M revenue and GAAP EPS around -$0.10 for FQ1 — supportive near‑term sentiment into the May 12 report. Here’s What the Street Thinks About D-Wave Quantum (QBTS) Ahead of FQ1 2026 Earnings
-   Positive Sentiment: Analyst commentary and media coverage (including takeaways about AI enhancements that improve quantum efficiency) have driven recent upside and continued momentum expectations heading into earnings. Analysts see 80% upside in this quantum stock pre-earnings
-   Neutral Sentiment: Nvidia’s recent Ising AI models and broader vendor moves add competitive context: they could accelerate software tooling that benefits the quantum ecosystem — a mixed factor for D‑Wave (potential partner opportunity, but also competitive pressure). Is Nvidia’s New Quantum Push Quietly Reframing D-Wave Quantum’s (QBTS) Path to Commercial Scale?
-   Neutral Sentiment: Broader positive narratives and feature pieces reinforce the “commercial quantum” story for investors but are largely sentiment-driven rather than tied to immediate revenue impact. D-Wave Quantum ($QBTS): The Unrivaled Titan of Commercial Quantum Computing and Geostrategic Supremacy
-   Negative Sentiment: D‑Wave amended CEO compensation terms on April 30; while intended to support growth, enhanced executive pay can raise concerns about dilution and expense at a company still working toward consistent revenue scale. D-Wave Quantum Enhances CEO Compensation to Support Growth
-   Negative Sentiment: Operational/financial risks remain: last reported quarter missed revenue and EPS expectations, margins are deeply negative, and the company still trades on growth/promise rather than sustained profitability — downside if May 12 results and guidance fall short of elevated analyst optimism.

## Wall Street Analysts Forecast Growth

A number of research firms have commented on QBTS. Canaccord Genuity Group set a $43.00 price objective on shares of D-Wave Quantum in a report on Thursday, January 29th. Benchmark reaffirmed a "buy" rating and issued a $35.00 price objective on shares of D-Wave Quantum in a report on Friday, January 23rd. Zacks Research raised shares of D-Wave Quantum from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 28th. Weiss Ratings downgraded shares of D-Wave Quantum from a "sell (d-)" rating to a "sell (e+)" rating in a report on Wednesday, April 29th. Finally, Needham & Company LLC decreased their price objective on shares of D-Wave Quantum from $48.00 to $40.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Fourteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, D-Wave Quantum has a consensus rating of "Moderate Buy" and an average price target of $35.53.

-   What's Behind D-Wave's Spring Rally, and Will It Continue?

**View Our Latest Stock Analysis on D-Wave Quantum**

## Insider Buying and Selling

In other D-Wave Quantum news, Director Rohit Ghai sold 10,000 shares of the firm's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $17.62, for a total value of $176,200.00. Following the sale, the director directly owned 27,778 shares in the company, valued at approximately $489,448.36. This trade represents a 26.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Sophie C. Ames sold 3,070 shares of the firm's stock in a transaction on Monday, April 20th. The shares were sold at an average price of $21.35, for a total value of $65,544.50. Following the completion of the sale, the vice president owned 643,678 shares in the company, valued at $13,742,525.30. The trade was a 0.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 31,776 shares of company stock valued at $574,571. 3.20% of the stock is owned by corporate insiders.

## Institutional Investors Weigh In On D-Wave Quantum

Hedge funds have recently added to or reduced their stakes in the stock. Baird Financial Group Inc. lifted its stake in D-Wave Quantum by 12.0% in the first quarter. Baird Financial Group Inc. now owns 12,135 shares of the company's stock valued at $92,000 after buying an additional 1,300 shares during the last quarter. Horizon Investments LLC bought a new stake in D-Wave Quantum in the third quarter valued at $88,000. Silicon Valley Capital Partners bought a new stake in D-Wave Quantum in the third quarter valued at $86,000. Danske Bank A S bought a new stake in D-Wave Quantum in the third quarter valued at $62,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in D-Wave Quantum by 127.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,333 shares of the company's stock valued at $58,000 after buying an additional 1,307 shares during the last quarter. 42.47% of the stock is currently owned by institutional investors.

## About D-Wave Quantum

(Get Free Report)

D-Wave Quantum Inc NYSE: QBTS develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company's product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.

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_This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._

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