D-Wave Quantum Inc.

Fundamentals3.0
Price Action6.0
News Sentiment6.0
AI Rating
5.0

Key Drivers

  • Liquidity buffer
  • Profitability gap
  • Dilution dependence

AI
AI Summary

5.0

QBTS has moved beyond a pure “science project” and is showing real enterprise traction, but with a ~$7.2B valuation on only ~$3.1M quarterly revenue, the stock remains a high-risk bet that hinges on quickly turning bookings and pilots into durable revenue before cash burn, margin compression, and execution risk catch up.

Commercialization‍
ExecutionRisk
BacklogGrowth

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

3.0

Key Financial Insights:

  • Liquidity buffer
  • Profitability gap
  • Dilution dependence

QBTS has strong short-term liquidity and gross-margin potential, but persistent losses, weak cash flow, and heavy dilution make the stock highly risky despite rich valuation.

Liquidity
Dilution

Price Behavior

6.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Higher lows
  • Resistance test
  • Sharp rebound

QBTS remains in a constructive short-term uptrend with higher lows and a quick rebound, but it needs a clean break above $21.8–$22 while holding $19.4–$20 support to confirm continuation.

Momentum
Volatility
Support Level: $19.4–$20.0
Resistance Level: $21.8–$22.0

Sharp drop from the

Sentiment & News

6.0

Key News Insights:

  • Bookings Growth
  • Revenue Miss
  • Adoption Momentum

QBTS showed stronger bookings, demand, and AT&T-related hype, but its Q2 revenue miss and wider loss highlighted that commercialization is still early and revenue remains small.

QBTS
earnings

The stock may stay volatile as investors weigh improving order momentum against limited near-term revenue conversion