D-Wave Quantum Inc (QBTS) — Titan Protect Analysis

QBTS

D-Wave Quantum Inc

Technology · ·

$23.85

Data: 2026-06-03

✓ ETHICAL PASS

NARROW MOAT

LIMITED

Data Confidence: 0.0%

Key Metrics

How this company measures up on the fundamentals that matter

Market Cap

$10.5B

Total market value of the company

Trailing P/E

N/A

Forward P/E

-73.56

Based on estimated future earnings — lower means cheaper

Rev Growth

-80.9%

Year-over-year revenue change

Profit Margin

N/A

How much profit the company keeps from each dollar of revenue

ROE

-55.3%

Return on equity — how efficiently it uses shareholder money

Analyst Target

$36.00

+51% from current price — median analyst estimate

Recommendation

STRONG_BUY

Consensus view from 15 analysts covering this stock

About D-Wave Quantum 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 buil

https://www.dwavequantum.com

Country: United States Employees: 382 Industry: Computer Hardware

Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity

PASS

Core business does not involve prohibited activities

Debt Ratio

0.0% PENDING

Debt must be below 33% of total assets

Cash Ratio

0.0% PENDING

Interest-bearing cash below 33% of assets

Receivables

0.0% PENDING

Receivables below 49% of assets

Revenue Purity

0.0% PENDING

Non-compliant revenue below 5% — any excess requires purification

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime

MARKUP

Price trending up with increasing momentum

Sharpe Ratio

1.752

Excellent risk-adjusted returns

Kelly Fraction

0.1234

Suggested allocation is meaningful — the edge justifies a position

Calmar Ratio

5.196

Returns exceed worst-case losses — strong risk profile

Annual Return

369.0%

Historical annualised return based on price data

Max Drawdown

-71.0%

Largest peak-to-trough decline — the worst it has been

HMM State

SIDEWAYS

Price consolidating — no clear directional bias

Days in State

How long the current regime has persisted — longer means more stable

Market Data

Trading characteristics and market positioning

Beta

1.95

Significantly more volatile than the market

52W High

$46.75

49% below the year high

52W Low

$12.75

87% above the year low

Avg Volume

32,170,315

Average daily shares traded — higher means easier to buy and sell

Short Ratio

1.5

Days it would take all short sellers to cover — higher means more crowded

Short % Float

N/A

Div Yield

N/A

Annual dividend as a percentage of the share price

EPS (TTM)

$-1.14

Earnings per share over the last 12 months

Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity

4.17

Heavy leverage — higher financial risk if revenues decline

Current Ratio

N/A

Quick Ratio

N/A

Like current ratio but excludes inventory — stricter test

Gross Margin

66.3%

Revenue left after cost of goods — higher means pricing power

Operating Margin

-1,914.9%

Profit from core operations before interest and tax

Free Cash Flow

$-63,507,248

Negative — the business is spending more than it generates

Revenue (TTM)

$12M

Total revenue over the last 12 months

Net Income

$-367,998,016

Loss-making — spending exceeds revenue after all costs

Analyst Coverage

Analysts

Target High

$45.00

Target Median

$36.00

Target Low

$19.58

Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-06-03

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