Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in SoundHound AI, Inc. or D-Wave Quantum Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how SoundHound AI, Inc. and D-Wave Quantum Inc. compare based on key financial metrics to determine which better meets your investment needs.

About SoundHound AI, Inc. and D-Wave Quantum Inc.

SoundHound AI, Inc. provides independent voice artificial intelligence (AI) solutions that enables businesses across the automotive, TV, IoT, and customer service industries to deliver conversational experiences to customers in the United States, Korea, France, Japan, Germany, and internationally. The company offers Houndify platform, which provides a suite of Houndify tools to help brands build conversational voice assistants, such as Application Programming Interfaces (API) for text and voice queries, support for custom commands, extensive library of content domains, inclusive software development kit platforms, collaboration capabilities, diagnostic tools, and built-in analytics; SoundHound Chat AI, a voice assistant with integrated generative AI that integrates with knowledge domains, pulling real-time data, such as weather, sports, stocks, flight status, restaurants, and other data; and SoundHound Smart Answering, which offers customer establishments the option to build an easy to use custom AI-powered voice assistant. It also provides CaiNET software that uses machine learning to enhance how domains work together to handle complex queries; CaiLAN software that arbitrates responses, so users get answers from the right domain; Dynamic Interaction, a real-time multimodal customer service interface; Smart Ordering, which offers an easy-to-understand voice assistant for restaurants; automatic speech recognition; natural language understanding; wake words; custom domains; text-to-speech; Employee Assist; and edge and cloud connectivity, which includes embedded voice solutions. In addition, the company offers Amelia Platform, which builds AI agents for enterprises; Chat AI for Automotive; Dynamic Drive-Thru for GenAI; Voice Commerce, which connects drivers and merchants with Voice AI; Autonomics Platform; Custom Voice AI Solutions; Voice AI Platform; and SoundHound Music App. SoundHound AI, Inc. was founded in 2005 and is headquartered in Santa Clara, California.

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. 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. The company 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.

Latest Software and SoundHound AI, Inc., D-Wave Quantum Inc. Stock News

As of June 5, 2026, SoundHound AI, Inc. had a $3.2 billion market capitalization, compared to the Software median of $952.2 million. SoundHound AI, Inc.’s stock is down 25.9% in 2026, down 17.9% in the previous five trading days and down 27.26% in the past year.

Currently, SoundHound AI, Inc. does not have a price-earnings ratio. SoundHound AI, Inc.’s trailing 12-month revenue is $184.0 million with a -91.8% net profit margin. Year-over-year quarterly sales growth most recently was 51.9%. Analysts expect adjusted earnings to reach $-0.138 per share for the current fiscal year. SoundHound AI, Inc. does not currently pay a dividend.

As of June 5, 2026, D-Wave Quantum Inc. had a $8.8 billion market cap, putting it in the 76th percentile of all stocks. D-Wave Quantum Inc.’s stock is down 8.8% in 2026, down 20.9% in the previous five trading days and up 33.84% in the past year.

Currently, D-Wave Quantum Inc. does not have a price-earnings ratio. D-Wave Quantum Inc.’s trailing 12-month revenue is $12.4 million with a % net profit margin. Year-over-year quarterly sales growth most recently was -80.7%. Analysts expect adjusted earnings to reach $-0.309 per share for the current fiscal year. D-Wave Quantum Inc. does not currently pay a dividend.

How We Compare SoundHound AI, Inc. and D-Wave Quantum Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at SoundHound AI, Inc. and D-Wave Quantum Inc.’s stock grades to see how they measure up against one another.

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SoundHound AI, Inc. and D-Wave Quantum Inc.’s Quality Grades

Company	Ticker	Quality
SoundHound AI, Inc.	SOUN	D
D-Wave Quantum Inc.	QBTS	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

SoundHound AI, Inc. has a Quality Score of 36, which is Weak. D-Wave Quantum Inc. has a Quality Score of 47, which is Average.

The Quality Stock Winner: No Clear Winner

Neither SoundHound AI, Inc. or D-Wave Quantum Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if SoundHound AI, Inc. or D-Wave Quantum Inc. is the better investment when it comes to quality.

SoundHound AI, Inc. and D-Wave Quantum Inc.’s Momentum Grades

Company	Ticker	Momentum
SoundHound AI, Inc.	SOUN	D
D-Wave Quantum Inc.	QBTS	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

SoundHound AI, Inc. has a Momentum Score of 29, which is Weak. D-Wave Quantum Inc. has a Momentum Score of 84, which is Very Strong.

The Momentum Grade Winner: D-Wave Quantum Inc.

As you can clearly see from the Momentum Grade breakdown above, D-Wave Quantum Inc. is considered to have stronger momentum compared to SoundHound AI, Inc.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, D-Wave Quantum Inc. could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

SoundHound AI, Inc. and D-Wave Quantum Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
SoundHound AI, Inc.	SOUN	F
D-Wave Quantum Inc.	QBTS	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

SoundHound AI, Inc. has a Earnings Estimate Score of 9, which is Very Negative. D-Wave Quantum Inc. has a Earnings Estimate Score of 57, which is Neutral.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither SoundHound AI, Inc. or D-Wave Quantum Inc. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if SoundHound AI, Inc. or D-Wave Quantum Inc. is the better investment when it comes to estimate revisions.

Other SoundHound AI, Inc. and D-Wave Quantum Inc. Grades

In addition to Momentum, Estimate Revisions and Quality, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether SoundHound AI, Inc. and D-Wave Quantum Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, SoundHound AI, Inc. or D-Wave Quantum Inc. Stock?

Overall, SoundHound AI, Inc. stock has a Momentum Score of 29, Estimate Revisions Score of 9 and Quality Score of 36.

D-Wave Quantum Inc. stock has a Momentum Score of 84, Estimate Revisions Score of 57 and Quality Score of 47.

Comparing SoundHound AI, Inc. and D-Wave Quantum Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.