D Wave Quantum Stock Price, News & Analysis

D-Wave Quantum (NYSE:QBTS) has announced a strategic development initiative focused on advanced cryogenic packaging to accelerate both gate model and annealing quantum processor development. The company is collaborating with NASA Jet Propulsion Laboratory (JPL) to leverage their superconducting bump-bond process, successfully demonstrating end-to-end superconducting interconnect between chips.

The initiative aims to enhance D-Wave's multichip packaging capabilities, equipment, and processes. The company is also investing in equipment to increase circuit densities in its superconducting printed-circuit-board manufacturing, targeting the development of larger processors and supporting analog-digital quantum computing technology. The ultimate goal is to advance towards 100,000 qubits while maintaining superior qubit temperatures and coherence times.

D-Wave Quantum (NYSE:QBTS), a leader in quantum computing systems, software, and services, has scheduled its second quarter fiscal 2025 earnings release for August 7, 2025, before market open.

The company will host a conference call at 8:00 a.m. ET on the same day, featuring CEO Dr. Alan Baratz and CFO John Markovich. Investors can access the call via telephone at 1-800-717-1738 (domestic) or 1-646-307-1865 (international). An on-demand webcast will be available on D-Wave's investor relations website following the call.

D-Wave Quantum (NYSE:QBTS) released a significant market study revealing strong business interest in quantum optimization technology. The survey of 400 business leaders across North America, Europe, and Asia Pacific showed that 27% expect over $5 million ROI within the first year of quantum optimization adoption, while 46% anticipate $1-5 million in returns.

The study highlighted that 81% of leaders believe they've reached classical computing's optimization limits, with 53% planning to implement quantum computing and 27% considering it. Key application areas include supply chain and logistics (50%), manufacturing (38%), planning and inventory (36%), and R&D (36%).

D-Wave Quantum (NYSE: QBTS), a pioneer in commercial quantum computing, has successfully completed a $400 million at-the-market (ATM) equity offering. The offering, conducted between June 11th and June 27th, 2025, achieved an average share price of $15.18, representing a significant 149% premium compared to their previous $150M ATM program's average price of $6.10 from January 2025.

The company's cash balance has now increased to approximately $815 million. D-Wave plans to utilize these proceeds for strategic acquisitions, working capital, capital expenditures, and general corporate purposes. CEO Dr. Alan Baratz emphasized the company's intention to leverage what they consider the strongest balance sheet among public, independent quantum computing companies to expand their market leadership through strategic investments.

D-Wave Quantum (NYSE: QBTS) has signed a strategic memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City to advance quantum computing adoption in South Korea. The partnership focuses on research collaboration, talent development, and providing access to D-Wave's quantum computing technology. A key component of the agreement includes collaborative efforts to acquire a D-Wave Advantage2 system at Yonsei University's International Campus in Songdo. The partners aim to develop quantum computing applications in biotechnology, materials science, and other fields, while establishing Incheon as a global quantum hub. The initiative supports Yonsei University's mission to create a collaborative ecosystem for quantum computing research and commercial applications, while leveraging Incheon's strengths in the bio industry to foster innovation and attract international talent.

D-Wave Quantum (NYSE: QBTS) has announced the general availability of its Advantage2™ quantum computer, their sixth-generation system featuring 4,400+ qubits. The new system demonstrates significant performance improvements including 40% increase in energy scale, 75% reduction in noise, and twofold increase in coherence. The Advantage2 system is accessible through D-Wave's Leap™ cloud service in 40+ countries and available for on-premises purchase. Key technical advancements include 20-way connectivity with Zephyr™ topology, energy-efficient processing at 12.5 kilowatts, and hybrid solver integration supporting up to two million variables. Customer adoption has been strong, with 20.6 million problems run on Advantage2 prototypes since June 2022 and usage up 134% in the last six months. Notable implementations include Japan Tobacco's drug discovery research, and upcoming installations at Davidson Technologies and Jülich Supercomputing Centre.

D-Wave Quantum (NYSE: QBTS) CEO Dr. Alan Baratz appeared on Fox Business' The Claman Countdown to discuss the company's recent achievements in quantum computing. The highlight was D-Wave's quantum supremacy demonstration, where their Advantage2 quantum computer outperformed a leading supercomputer in complex materials simulation.

Dr. Baratz emphasized that this breakthrough has attracted attention from supercomputer communities and national laboratories worldwide. He also disclosed that their quantum systems are priced between $20-$40 million, with long sales cycles. The company positions its annealing quantum computing technology as key to accelerating commercial adoption, particularly for optimization problems in enterprise applications.

D-Wave Quantum (NYSE: QBTS) reported exceptional Q1 2025 results with record quarterly revenue of $15 million, up 509% year-over-year. The company achieved a record GAAP gross profit of $13.9 million and maintained a strong cash position of $304.3 million. Key highlights include the first Advantage™ system sale to a research institution and demonstration of quantum supremacy in a real-world problem. Notable achievements include Ford Otosan's successful deployment of hybrid-quantum application reducing vehicle scheduling time by 83%, and collaboration with Japan Tobacco in drug discovery. The company expanded its customer base to 133, including 69 commercial customers. Despite increased operating expenses of $25.2 million, D-Wave significantly reduced its net loss to $5.4 million ($0.02 per share) from $17.3 million in Q1 2024.

A recent global survey by SAS reveals that over 60% of businesses are actively investing or exploring quantum AI opportunities. The study, surveying 500 business leaders across industries, shows 70% of respondents are familiar with quantum AI. Key business applications include data analytics (48%), R&D (41%), and cybersecurity (35%). However, major adoption barriers include high costs (38%), lack of knowledge (35%), and uncertainty about practical applications (31%). SAS is addressing these challenges by collaborating with quantum computing leaders like D-Wave Quantum (NYSE: QBTS), IBM, and QuEra Computing. The company is developing hybrid quantum-classical solutions through its SAS Viya platform and working on pilot projects with major consumer goods companies. SAS aims to simplify quantum research and make it more accessible for organizations dealing with complex data challenges.