--- title: "D-Wave Quantum 在第一季度的预订量激增 16 倍，达到 3200 万美元" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/286294505.md" description: "D-Wave Quantum Inc.（纽约证券交易所代码：QBTS）在 2026 年第一季度报告了预订量增长 16 倍，达到 3200 万美元，尽管收入未能达到市场普遍预期。Rosenblatt Securities 的分析师 John McPeake 维持了买入评级，并设定了 43 美元的目标价，指出强劲的需求和即将到来的产品发货。该公司正向基于门的量子计算转型，并制定了稳健的盈利计划，分析师日定于 6 月 1 日举行。D-Wave 的股价下跌了 5.48%，报 21.12 美元，但在过去一个月中上涨了 47.6%" datetime: "2026-05-13T16:23:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286294505.md) - [en](https://longbridge.com/en/news/286294505.md) - [zh-HK](https://longbridge.com/zh-HK/news/286294505.md) --- # D-Wave Quantum 在第一季度的预订量激增 16 倍，达到 3200 万美元 **D-Wave Quantum Inc. ( QBTS )** reported first-quarter 2026 results on Tuesday that topped **Rosenblatt Securities** forecasts, despite landing below a broad range of street estimates. Rosenblatt Securities analyst **John McPeake** maintained a buy rating and a $43 price forecast on the stock, signaling significant upside from its current $22.11 price level. ## Revenue Miss Attributed to Timing of System Sales While first quarter revenue were 17% above Rosenblatt's estimates, they trailed the wider street consensus. McPeake noted that the discrepancy stems from “mis-modeled” system sales. McPeake said Wall Street likely pulled some system sales into the first quarter that are now expected to materialize in the second half of the year. He noted that the FAU machine and another unit are expected to ship in the second half of 2026. ## Bookings Surge 16 Times Over Previous Year The highlight for retail traders is the massive acceleration in demand. Total bookings reached $32 million, a 16-fold increase compared to the year-ago figure. Current bookings also surged 10 times. This growth was bolstered by a $20 million FAU deal and a $10 million two-year Quantum Computing as a Service (QCaaS) contract. With $42.4 million in remaining performance obligations (RPO), the company's visibility for its $54.5 million full-year revenue forecast remains solid. ## Strategic Shift Toward Gate-Based Solutions D-Wave is advancing its roadmap for gate-based quantum computing following its $550 million acquisition of **QCI**. Rosenblatt views the company’s “dual-rail” superconducting qubit approach as a competitive advantage. This method aims to remove errors before they require correction. While the timeline for 100 “nearly perfect” qubits extends to 2032. ## Upcoming Catalyst: June 1st Analyst Day Management believes its $553 million in net cash provides a “fully-funded plan to profitability.” Investors are now looking toward D-Wave's first-ever analyst day on June 1. This event is expected to provide deeper technical details on the company’s strategy for both annealing and gate-based quantum solutions. **QBTS Price Action:** D-Wave Quantum ( QBTS ) shares were down 5.48% at $21.12 at the time of publication on Wednesday, according to Benzinga Pro data Over the past month, QBTS has gained about 47.6% versus a 9.1% rise in the S&P 500 and is down roughly 23% year-to-date compared to the index’s 7.7% gain. _Image via Shutterstock_ ### 相关股票 - [QBTS.US](https://longbridge.com/zh-CN/quote/QBTS.US.md) - [.SPX.US](https://longbridge.com/zh-CN/quote/.SPX.US.md) - [QBTS+.US](https://longbridge.com/zh-CN/quote/QBTS+.US.md) ## 相关资讯与研究 - [D-Wave Quantum｜8-K：2026 财年 Q1 营收 2.86 百万美元不及预期](https://longbridge.com/zh-CN/news/286085619.md) - [D-Wave Quantum｜10-Q：2026 财年 Q1 营收 28.58 亿美元超过预期](https://longbridge.com/zh-CN/news/286151984.md) - [量子计算美股财报炸场，是否会成为美股下一个超级热点？](https://longbridge.com/zh-CN/news/286708366.md) - [多空分歧加剧：D-Wave Quantum Q1 财报前瞻，分析师看好机构看空](https://longbridge.com/zh-CN/news/285967310.md) - [亲爱的 D-Wave Quantum 股票爱好者，请在日历上标记 5 月 12 日](https://longbridge.com/zh-CN/news/285977949.md)