---
title: "D-Wave Quantum Inc. (QBTS.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/QBTS.US.md"
symbol: "QBTS.US"
name: "D-Wave Quantum Inc."
industry: "Application Software"
datetime: "2026-05-20T01:56:30.403Z"
locales:
  - [en](https://longbridge.com/en/quote/QBTS.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/QBTS.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/QBTS.US.md)
---

# D-Wave Quantum Inc. (QBTS.US)

## Company Overview

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company’s server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access.

| Item | Detail |
|------|--------|
| Industry | Application Software |
| Exchange | US Market |
| Website | [www.dwavequantum.com](https://www.dwavequantum.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:14.000Z

**Overall: D (0.66)**

**Industry**: Application Software

| Metric | Value |
|--------|-------|
| Industry Ranking | 221 / 278 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -41.75% |  |
| Net Profit YoY | -178.81% |  |
| P/B Ratio | 6.22 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 6990018675.06 |  |
| Revenue | 12444000.00 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -55.27% | E |
| Profit Margin | -2957.23% | E |
| Gross Margin | 63.61% | A |
| Revenue YoY | -41.75% | E |
| Net Profit YoY | -178.81% | E |
| Total Assets YoY | 268.49% | A |
| Net Assets YoY | 442.10% | A |
| Cash Flow Margin | 26.54% | D |
| OCF YoY | -41.75% | E |
| Turnover | 0.02 | E |
| Gearing Ratio | 6.30% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - D-Wave Quantum Inc.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-41.75%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-178.81%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "6.22",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "6990018675.06",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "12444000.00",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-55.27%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-2957.23%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "63.61%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "-41.75%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-178.81%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "268.49%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "442.10%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "26.54%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "-41.75%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.02",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "6.30%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -18.99 | 205/278 | - | - | - |
| PB | 6.22 | 158/278 | 22.31 | 13.00 | 8.07 |
| PS (TTM) | 561.72 | 220/278 | 407.92 | 292.28 | 238.88 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Palantir Tech (PLTR.US) | A | A | B | A | B | A |
| 02 | Appfolio (APPF.US) | A | B | A | A | B | A |
| 03 | Red Violet (RDVT.US) | A | B | B | A | B | A |
| 04 | Sagtec Global (SAGT.US) | B | A | A | A | A | A |
| 05 | CoreCard (CCRD.US) | B | A | A | A | A | A |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-15T04:00:00.000Z

Total Analysts: **15**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 12 | 80% |
| Overweight | 1 | 7% |
| Hold | 2 | 13% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 18.19 |
| Highest Target | 45.00 |
| Lowest Target | 19.58 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/QBTS.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/QBTS.US/norm.md)
- [Related News](https://longbridge.com/en/quote/QBTS.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/QBTS.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**