D-Wave Quantum Inc.
QBTSTechnologyNASDAQComputer Hardware
Scan Results
Daily timeframeHeadquartered within the technology sector, D-Wave Quantum Inc. focuses on Computer Hardware services and products. D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. The $6.58B market capitalization puts QBTS squarely in mid-cap range for its industry. 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.
Market Cap
$6.58B
Beta
2.14
P/E (TTM)
—
P/E (Fwd)
-46.72
EPS (TTM)
$-0.70
EPS (Fwd)
$-0.38
ROE
-28.0%
ROA
-10.7%
Cash
$546.2M
Total Debt
$48.1M
Free CF
-$73.4M
52W Change
3.4%
Annual Financials
Cash vs Debt
Where QBTS stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, QBTS finished 17.80% below its 150-day moving average ($20.06) and 23.59% below its 200-day moving average ($21.58). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is QBTS overbought or oversold?
At the September 3, 2026 close, QBTS's RSI(14) was 29.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $546.2M in cash and $48.1M in debt, QBTS maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow is running at -$73.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -28.0%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $7.2M (2022) to $24.6M (2025), reflecting a 243% increase over the period.
D-Wave Quantum Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing QBTS's risk profile alongside its fundamentals and technical indicators provides a more complete picture.