D-Wave Quantum Inc. (QBTS) Stock Analysis
Last updated Sep 8, 2026
Health Check
Last analyzed Sep 7, 2026
- Financial Health 25
- Profitability 70
- Business Quality 65
- Balance Sheet 35
- Cash Flow 60
Why this rating?
Health 45/100 — Speculative
Entry timing is weak right now. Quality may be fine; the setup is not.
Company overview
D-Wave Quantum Inc. (QBTS) is a Computer Hardware company in the Technology sector. Compound Radar rates D-Wave Quantum Inc. 45/100 (Speculative) due to solid business quality and elevated leverage.
Investment profile
- Quality Moderate
- Growth Soft
- Balance Sheet Stretched
Financial highlights
Valuation
- Forward P/E -46.72
- EV/Revenue 456.9
Profitability
- Revenue Growth -0.6%
- Gross Margin 64.2%
- Operating Margin -1732.1%
- Net Margin 0.0%
- ROE -28.0%
Financial strength
- Cash $546.21M
- Debt $48.11M
- Net Cash $498.11M
- Free Cash Flow $-76.29M
- Current Ratio 20.55
Similar companies
Peers in Computer Hardware, ranked by Financial Health.
Latest quoted price for the name. Helps anchor the setup in today’s market level.
Health Entry- Sandisk Corporation Computer Hardware SNDK$1,737.99 88 Health 88 / 100
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Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Arista Networks, Inc. Computer Hardware ANET$194.96 87 Health 87 / 100
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Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Seagate Technology Holdings plc Computer Hardware STX$904.38 76 Health 76 / 100
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Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Western Digital Corporation Computer Hardware WDC$477.30 76 Health 76 / 100
Strong business quality across profitability, growth, balance sheet, and cash flow.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Logitech International S.A. Computer Hardware LOGI$98.51 64 Health 64 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- Dell Technologies Inc. Computer Hardware DELL$533.88 63 Health 63 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
- Everpure, Inc. Computer Hardware P$101.14 63 Health 63 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Watch WatchWorth tracking, but timing is mixed — not a clear setup yet.
- HP Inc. Computer Hardware HPQ$31.17 58 Health 58 / 100
Solid fundamentals with some trade-offs across our health dimensions.
Wait WaitEntry timing is weak right now. Quality may be fine; the setup is not.
FAQ
How Compound Radar scores and tracks D-Wave Quantum Inc. (QBTS).