Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate D-Wave Quantum Inc. before investing.

In this article, we go over a few key elements for understanding D-Wave Quantum Inc.’s stock price such as:

• D-Wave Quantum Inc.’s current stock price and volume
• Why D-Wave Quantum Inc.’s stock price changed recently
• Upgrades and downgrades for QBTS from analysts
• QBTS’s stock price momentum as measured by its relative strength

About D-Wave Quantum Inc. (QBTS)

Before we jump into D-Wave Quantum Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers 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. It also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

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D-Wave Quantum Inc.’s Stock Price as of Market Close

As of May 08, 2025, 12:32 PM, CST, D-Wave Quantum Inc.’s stock price was $9.553.

D-Wave Quantum Inc. is up 38.64% from its previous closing price of $6.890.

During the last market session, D-Wave Quantum Inc.’s stock traded between $7.710 and $9.700. Currently, there are approximately 233.00 million shares outstanding for D-Wave Quantum Inc..

D-Wave Quantum Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

D-Wave Quantum Inc. Stock Price History

D-Wave Quantum Inc.’s (QBTS) price is currently up 38.24% so far this month.

During the month of May, D-Wave Quantum Inc.’s stock price has reached a high of $9.700 and a low of $6.820.

Over the last year, D-Wave Quantum Inc. has hit prices as high as $11.950 and as low as $0.751. Year to date, D-Wave Quantum Inc.’s stock is up 13.72%.

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What Caused D-Wave Quantum Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of May 07, 2025,, no analysts have changed their rating of D-Wave Quantum Inc.’s stock over the last month.

Additionally, you'll want to evaluate D-Wave Quantum Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on D-Wave Quantum Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

D-Wave Quantum Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about D-Wave Quantum Inc. (QBTS) by visiting AAII Stock Evaluator.

Relative Price Strength of D-Wave Quantum Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2025, D-Wave Quantum Inc. has a weighted four-quarter relative price strength of 95.72%, which translates to a Momentum Score of 99 and is considered to be Very Strong.

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D-Wave Quantum Inc. Stock Price: Bottom Line

As of May 8, 2025, D-Wave Quantum Inc.’s stock price is $9.553, which is up 38.64% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like D-Wave Quantum Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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