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 D-Wave Quantum Inc., nCino or 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 D-Wave Quantum Inc., nCino and Inc. compare based on key financial metrics to determine which better meets your investment needs.

About D-Wave Quantum Inc., nCino and Inc.

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.

nCino, Inc., a software-as-a-service company, provides software solutions to financial institutions in the United States, the United Kingdom, and internationally. It offers solutions on the nCino Platform, including an Onboarding solution that streamlines and enhances the customer onboarding process through a digital platform for credit and non-credit onboarding, commercial account opening, and enterprise-level onboarding; and an Account Opening solution, which includes a Deposit Account Opening solution for consumers and small businesses. The company also provides Lending, which provides a loan origination platform for commercial, consumer, small business, and mortgage lending, such as the Commercial Loan Origination System that automates the loan lifecycle; Consumer Lending solution, which offers an omnichannel solution with automated credit decisioning and integrations; and Small Business Loan Origination solution for automation and machine learning. In addition, it offers Credit Monitoring, manages credit risks, monitors performance, and uncovers growth opportunities through a data-driven platform; Portfolio Analytics solution, which offers customizable dashboards to track loan, deposit, and application data; and Integration & Intelligence, provides integration capabilities to connect core banking systems, fintech applications, and third-party services via open APIs and a partner marketplace. The company serves global, enterprise, regional, and community banks, credit unions, challenger banks, and independent mortgage banks, business development managers, account executives, field sales engineers, and customer success managers. nCino, Inc. was founded in 2011 and is headquartered in Wilmington, North Carolina.

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

As of May 12, 2026, D-Wave Quantum Inc. had a $8.3 billion market capitalization, compared to the Software median of $1.0 million. D-Wave Quantum Inc.’s stock is down 20.1% in 2026, down 12.3% in the previous five trading days and up 101.53% 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 $24.6 million with a % net profit margin. Year-over-year quarterly sales growth most recently was 21.7%. Analysts expect adjusted earnings to reach $-0.326 per share for the current fiscal year. D-Wave Quantum Inc. does not currently pay a dividend.

As of May 12, 2026, nCino, Inc. had a $1.8 billion market cap, putting it in the 53rd percentile of all stocks. nCino, Inc.’s stock is down 38.7% in 2026, down 9.9% in the previous five trading days and down 32.63% in the past year.

Currently, nCino, Inc.’s price-earnings ratio is 352.0. nCino, Inc.’s trailing 12-month revenue is $594.8 million with a 0.9% net profit margin. Year-over-year quarterly sales growth most recently was 5.9%. Analysts expect adjusted earnings to reach $1.201 per share for the current fiscal year. nCino, Inc. does not currently pay a dividend.

How We Compare D-Wave Quantum Inc., nCino and 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 D-Wave Quantum Inc., nCino and Inc.’s stock grades to see how they measure up against one another.

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D-Wave Quantum Inc., nCino and Inc. Stock Value Grades

Company	Ticker	Value
D-Wave Quantum Inc.	QBTS	F
nCino, Inc.	NCNO	D

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.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

D-Wave Quantum Inc. has a Value Score of 1, which is Ultra Expensive. nCino, Inc. has a Value Score of 24, which is Expensive.

The Value Stock Winner: No Clear Winner

Neither D-Wave Quantum Inc., nCino or Inc. has a high enough value 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 portfolio. It’s important to look at a wide range of financial metrics in order to determine if D-Wave Quantum Inc., nCino or Inc. is the better investment when it comes to value.

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

Company	Ticker	Momentum
D-Wave Quantum Inc.	QBTS	A
nCino, Inc.	NCNO	F

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%.

D-Wave Quantum Inc. has a Momentum Score of 88, which is Very Strong. nCino, Inc. has a Momentum Score of 19, which is Very Weak.

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 nCino, 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.

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

Company	Ticker	Earnings Estimate
D-Wave Quantum Inc.	QBTS	D
nCino, Inc.	NCNO	A

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.

D-Wave Quantum Inc. has a Earnings Estimate Score of 35, which is Negative. nCino, Inc. has a Earnings Estimate Score of 87, which is Very Positive.

The Earnings Estimate Revisions Grade Winner: nCino, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, nCino, Inc. has a better Earnings Estimate Revisions Grade than D-Wave Quantum Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, nCino, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other D-Wave Quantum Inc., nCino and Inc. Grades

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

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.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite 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 F-Score.

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 D-Wave Quantum Inc., nCino and Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

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

Overall, D-Wave Quantum Inc. stock has a Value Score of 1, Momentum Score of 88 and Estimate Revisions Score of 35.

nCino, Inc. stock has a Value Score of 24, Momentum Score of 19 and Estimate Revisions Score of 87.

Comparing D-Wave Quantum Inc., nCino and 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.