D-Wave Quantum Inc. (QBTS) fair value analysis
Nasdaq · Updated 2026-10-19
QBTS price how computed
Valuation status
No fair-value estimate yetQBTS has no usable analyst consensus for next fiscal year's earnings, or too few reported quarters for our trailing P/E history.
Forward Fair Value needs both, so TickrTrends publishes no verdict for QBTS yet. We re-check every week; the price, fundamentals, technicals and earnings data below are unaffected.
- Last price
- $11.78
- Sector
- Technology
- 12-month range
- $11.78–$37.06
- Market cap
- $4.43B
- From 52-week high
- -68.2%
- Shares outstanding
- 376M
- Rank in Technology by quality score
- #212 of 274
Last price is the 2026-10-16 close; the chart runs through 2026-10-16.
D-Wave Quantum Inc. develops and commercializes quantum computing systems designed to solve complex optimization and sampling problems across various industries. The company operates globally from its headquarters in Canada and serves customers in sectors including optimization, drug discovery, materials science, and machine learning.
QBTS currently ranks #212 of 274 Technology stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $4.43B
- P/E (trailing)
- n/m
- Revenue (TTM)
- $12.4M
- Net margin
- -2001.6%
- EPS (TTM)
- $-0.34
- Gross margin
- 55.4%
- Debt / equity
- 0.01
- Revenue growth (3-yr avg)
- 6.7%
- Shares outstanding
- 376M
Derived indicators how computed
- Quality grade
- D
- Margin trend
- Contracting
- 52-week position
- The bottom quarter of its range
Technicals how computed
- RSI (14-day)
- 22 · oversold
- 50-day average
- $17.16
- 200-day average
- $20.16
- Moving-average state
- 50-day below 200-day (death cross state); price below both averages
Earnings how computed
- Next earnings report
- 2026-11-05
- Last 8 quarters vs consensus
- 3 beat, 5 missed
- Quarter by quarter
- 2026-06 ▼ miss (-8.3%)
2026-03 ▲ beat (+50.0%)
2025-12 ▼ miss (-140.0%)
2025-09 ▲ beat (+28.6%)
2025-06 ▼ miss (-816.7%)
2025-03 ▲ beat (+25.0%)
2024-12 ▼ miss (-25.0%)
2024-09 ▼ miss (-25.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 15 buy · 2 hold · 0 sell (17 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $34.6
- Target vs last price
- +193.7%
What our data shows for QBTS
- Shares are trading in the lower third of their 12-month price range of $11.78–$37.06.
- The 14-day relative strength index sits at an oversold 22.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- QBTS's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
What people are saying
Follow the QBTS conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — QBTS has moved into oversold territory this week, with its RSI indicator shifting from neutral to oversold status. This change in the relative strength index suggests increased downward momentum in the Technology sector stock. The full valuation verdict for QBTS remains pending at this time.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.
Frequently asked questions
Is QBTS stock undervalued?
TickrTrends has no fair-value estimate for QBTS yet: there is no usable analyst consensus for next fiscal year's earnings, or too few reported quarters for a trailing P/E history. It is re-checked every week.
What is QBTS's TickrTrends verdict?
QBTS is currently marked 'No fair-value estimate yet' - a verdict publishes automatically once a forward earnings consensus and enough reported quarters are available.
How does QBTS compare to other Technology stocks?
QBTS ranks #212 of 274 Technology stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is QBTS overbought or oversold?
QBTS's 14-day RSI is in the oversold zone on TickrTrends' latest weekly data.
When does QBTS report earnings next?
QBTS's next earnings report is scheduled for 2026-11-05, per the published earnings calendar.
Does QBTS usually beat earnings estimates?
Over its last 8 reported quarters QBTS beat the consensus estimate 3 times and missed 5 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about QBTS?
Of 17 analysts covering QBTS, 15 rate it a buy, 2 a hold and 0 a sell - buy-leaning, with a consensus price target of $34.6 (+193.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.