Theses›Listed companies›QBTS

D-Wave Quantum

NYSE: QBTS · Canada
Annealing quantum — different paradigm.

Markets it anchors
0123045+fullexpensivespeculativebeyond 326.3x sales 0123045+fullexpensivespeculativebeyond 326.3x sales
Fig. 1The screen as it last ran, 6 Nov 2026: Speculative at 326.3x sales, because it has no earnings yet; the table below has the latest prices. A screen flags where to look; it is not a valuation.
Market datarefreshed 6 Nov 2026
Price10.68 USD
Market value$4.1B
Revenue, last 12 months$12M
Forward P/E-28.2x
EV to revenue231.2x
Gross and operating margin64% · -1732%

Not advice. Where I hold a position it is disclosed to members, with the reasoning.