D-Wave Quantum Inc. (QBTS)
Technology
- Fundamental
- 1
- Sentiment
- 1
- Technical
- 3
Do Nothing: fundamentalScore is 1 (below required floor of 3); strategy requires fundamentalScore ≥ 3 before any bullish entry. Liquidity passes and no earnings/dividend blackout is active, and the chart scores 3/5, but the override gate blocks a long setup.
Company overview
D-Wave Quantum Inc. develops and supplies quantum computing systems, software, and related services globally. Their products include the Advantage quantum computer and the Leap cloud-based service for real-time quantum computing interaction. The company serves various industries such as manufacturing, logistics, financial services, and life sciences.
Fundamental
very weakThe company faces high risk with a going-concern disclosure and negative cash flow despite strong liquidity.
QBTS has strong liquidity and high gross margin, but it remains deeply loss-making with volatile revenue and ongoing cash burn. The latest annual filing includes a going-concern disclosure, while the latest quarterly filing shows a sizable cash/marketable-securities cushion but continued losses. Valuation is extremely expensive on sales (EV/Sales ~708.97x) and DCF-based intrinsic value outputs are negative, so the stock screens as high-risk/speculative rather than fundamentally attractive.
Sentiment
very weakSentiment is driven by quantum computing headlines, but going-concern risks limit positive momentum.
Recent coverage skews bullish on quantum-momentum headlines (announced gate-model simulator and partnership news) versus a 30–90d baseline that was mixed-to-slightly positive. However, the company’s explicitly disclosed going-concern risk is a severe red flag, capping qualitativeScore at 1 despite the positive newsflow.
Technical
fairThe stock holds above key moving averages but faces resistance and volatility, limiting a clear setup.
QBTS earns a 3/5 technical score: the stock is back above its 9/21-day EMAs and holds above the 50/200-day averages, but it is still below the 20-day SMA and its MACD remains above zero yet below the signal line after a sharp rejection from 26.7.
You’re looking at 2026-08-13 — more than 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
More Technology
Not financial advice. For informational and educational purposes only.