How to Buy QBTS Stock?

As one of the few public companies focused solely on quantum technologies, D-Wave Quantum Inc. offers retail investors a rare chance to get involved early in a rapidly evolving industry. The interest in how to buy QBTS stock has grown quickly in 2025. 

Whether you're a curious first-time investor or looking to diversify your tech portfolio, understanding what QBTS stock represents and how to invest in it can help you take that first step with clarity.

What is QBTS Stock?

QBTS stock refers to shares of D-Wave Quantum Inc., a company developing quantum computing systems, software, and services. 

Founded in 2022 and headquartered in Palo Alto, California, D-Wave specializes in quantum computing as a service, delivered via the cloud. 

This model enables businesses to access quantum processing power without purchasing expensive hardware.

In addition to offering cloud-based quantum access, D-Wave provides consulting services to help customers build quantum applications tailored to their needs. 

The company's long-term mission is to make quantum computing commercially viable and accessible across industries such as logistics, materials science, and artificial intelligence.

Read Also: Rigetti vs Quantum Computing Inc. (QUBT): Which Looks Stronger in 2025?

QBTS Stock Overview

D-Wave Quantum trades on the New York Stock Exchange under the symbol QBTS. As of the latest update, the stock is priced at $17.06, which represents a 1,686% increase over the past year. 

With a market capitalization of $5.33 billion and over 292 million shares outstanding, QBTS has outperformed many of its peers in the computer hardware sector.

Despite the gains, the stock remains volatile. It is up 2,174% from its 52-week low of $0.75, but also down 17% from its 52-week high of $20.56. The company does not currently pay a dividend, and with a price-to-earnings ratio of -28.23, it is not yet profitable.

Read Also: Is QUBT Stock a Buy? Forecast & Outlook to 2030

QBTS Recent Performance

The performance of QBTS stock has been remarkable in 2025. Here are some key highlights:

• July 2025 Price: $17.06

• 1-Year Change: +1,686%

• Weekly Decline: -15.96%

• 52-Week Range: $0.75 to $20.56

• Volume (24h): 35.25 million shares

• Market Cap: $4.98 billion

D-Wave's share price has been driven by renewed investor interest in quantum technology and increasing demand for scalable quantum solutions. 

However, volatility remains high. Daily price swings and heavy trading volumes mean that the stock may not suit conservative investors.

Read also: OKLO Price Prediction: How High Can Oklo Go by 2030?

How to Buy QBTS Stock

If you're interested in buying shares of D-Wave Quantum, follow these steps:

1. Choose a Brokerage

To access QBTS stock, you’ll need an account with a brokerage that supports trading on the New York Stock Exchange (NYSE). Choose a platform that offers:

• Low or zero trading fees

• Regulatory oversight (e.g., SEC or FCA compliance)

• Real-time market data and analysis tools

2. Open and Verify Your Account

Once you’ve selected a broker, create your account by submitting:

• Full name, contact information, and identification

• Date of birth and tax identification number (if required)

• Proof of address (e.g., utility bill or bank statement)

Verification usually takes a few minutes to a few hours, depending on the platform.

3. Fund Your Account

You can add money via:

• Bank transfer

• Credit/debit card

• Digital wallets or linked bank accounts

Make sure the deposited amount matches your investment plan.

4. Research QBTS Stock

Before you buy, evaluate D-Wave’s current market position, technology, and financial health. Look into the company's:

• Revenue trends and losses

• Industry position relative to competitors

• Long-term business strategy

• Analyst outlook and upcoming earnings date

You can find most of this information in the company’s quarterly reports and investor updates.

5. Place Your Order

There are two primary ways to buy QBTS shares:

• Market Order: Executes immediately at the current price

• Limit Order: Executes only when the stock hits a specific price

If you want full control over your entry point, a limit order may be more appropriate.

6. Monitor Your Investment

After purchasing, stay updated by:

• Tracking earnings releases (next scheduled for August 7, 2025)

• Watching for news in the quantum computing sector

• Setting alerts for price movements

• Periodically reviewing your investment goals

Read Also: Quantum Computing and Its Threat to Bitcoin

QBTS Financial Health

Understanding the financial condition of D-Wave Quantum is critical before making an investment decision. Here is an overview based on the latest available data:

Strengths:

• Cash Position: $304.32 million in cash and short-term investments

• Cash Burn: $52.24 million annually, which D-Wave can currently sustain

• Balance Sheet: More short-term assets than short- and long-term liabilities

Concerns:

• Profitability: D-Wave is not yet profitable and had a net loss of $131.99 million

• Debt to Equity Ratio: 0.57, indicating moderate leverage

• Valuation Metrics:

  • Price-to-Book (P/B): 24.04x

  • Price-to-Sales (P/S): 227.47x

D-Wave shows signs of financial sustainability in the short term, but long-term profitability remains uncertain. As with most emerging tech companies, there is a risk-reward tradeoff.

Read also: Novo Nordisk (NVO) Stock Crashes 20%: What’s Behind the Sudden Drop?

Conclusion

Buying QBTS stock is a straightforward process, but understanding what you are investing in is critical. D-Wave Quantum stands out in the quantum computing space and offers investors a chance to be part of a future-facing technology. 

However, the stock is highly volatile and speculative. If you are comfortable with the risks and have done your research, buying QBTS can be part of a diversified investment strategy. 

Make sure to monitor the stock regularly and stay informed on both company performance and broader market trends.

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FAQ

What is the market cap for QBTS stock? 

As of July 31, 2025, the market capitalization for QBTS stock is $5.34 billion.

What is the P/E ratio for QBTS stock? 

The current P/E ratio for QBTS stock is -28.23.

What is the 52-week low for QBTS stock? 

The 52-week low for QBTS stock is $0.75. The current price of $17.19 has increased by 95.63% from this low.

Does QBTS stock pay dividends? 

No, QBTS stock does not pay dividends to its shareholders.

What is the QBTS stock price target? 

The target price for QBTS stock is $14.73. This is an average of what a group of analysts believe the stock could be worth in the future and is not a prediction from Public.com.