D-Wave Quantum Inc. (QBTS) Stock Analysis
Technology · Computer Hardware
Sell if holding. Engine safety override at $18.48: Quality below floor (2.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum.
In addition to D-Wave's history of innovation with annealing quantum computers, we have been making steady progress with our gate-model technology development as well. Both the annealing and gate-model technology are built on superconducting qubits which we believe have a... Read more
Sell if holding. Engine safety override at $18.48: Quality below floor (2.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.8/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 79d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
Recent Developments — D-Wave Quantum Inc.
Material events (past 30 days)
- May 4, 2026 MEDIUM Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Amended Chief Executive Officer Employment Agreement On April 30, 2026, D-Wave Quantum Inc.
Latest news
- D-Wave Quantum Analysts Slash Their Forecasts After Q1 Results — benzinga May 13, 2026 negative
- D-Wave Quantum Bookings Surge 16x To $32 Million In Q1 — benzinga May 13, 2026 positive
- Canaccord Genuity Maintains Buy on D-Wave Quantum, Lowers Price Target to $41 — benzinga May 13, 2026 positive
- Cantor Fitzgerald Reiterates Overweight on D-Wave Quantum, Maintains $40 Price Target — benzinga May 13, 2026 positive
- Mizuho Maintains Outperform on D-Wave Quantum, Lowers Price Target to $29 — benzinga May 13, 2026 positive
Generated 2026-05-20T21:06:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-05-04Item 5.02MEDIUMDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Amended Chief Executive Officer Employment Agreement On April 30, 2026, D-Wave Quantum Inc.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
4 floor-breakers·1 ceiling hit
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Quality below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $18.48: Quality below floor (2.7 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 16%; Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $17.18. Score 4.8/10, moderate confidence.
Take-profit target: $31.65 (+71.4% upside). Prior stop was $17.18. Stop-loss: $17.18.
Quality below floor (2.7 < 4.0).
D-Wave Quantum Inc. trades at a P/E of N/A (forward -50.3). TrendMatrix value score: 9.0/10. Verdict: Sell.
22 analysts cover QBTS with a consensus score of 4.1/5. Average price target: $35.
What does D-Wave Quantum Inc. do?In addition to D-Wave's history of innovation with annealing quantum computers, we have been making steady progress...
In addition to D-Wave's history of innovation with annealing quantum computers, we have been making steady progress with our gate-model technology development as well. Both the annealing and gate-model technology are built on superconducting qubits which we believe have a long-term advantage over all other approaches to quantum computing. We are also leveraging the quantum systems technology we have developed for our annealing technology to accelerate our gate-model program.