D-Wave QuantumQBTS
NYSE · Canada · Segment 1 of 2 in the Quantum computing value chain: Quantum hardware & platforms
The commercial pioneer in quantum annealing — optimization systems in enterprise use today, with a gate-model program developed in parallel.
Quantum hardware & platforms: The companies building the quantum computers themselves — trapped ions, superconducting qubits, photonics and annealing.
Key metrics
Market cap
$7.4B
Price
$20.09
Today
−5.1%
Return YTD
−23.2%
Return 1Y
+25.5%
P/E
—
P/S
598.1
P/B
6.6
Data as of 2026-07-11 · updates daily after U.S. close
Theme exposure
In the value chain
Products & services
- Advantage2 annealers
- Leap (cloud access)
- Optimization applications
Competitors
- IonQ
- Rigetti
- Classical HPC optimization
Risks
- Annealing mainly addresses optimization problems
- Dilution from recurring capital raises
Same segment: Quantum hardware & platforms
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