Why did D-Wave Quantum stock rise today despite a big loss?

Markets focused on record 2025 revenue and signs of improving demand, while risk appetite in growth tech improved. Some short covering likely added fuel after steep YTD declines. In high-growth stories, revenue acceleration can outweigh losses in the short run, though volatility usually remains elevated.

What are the key levels to watch on QBTS now?

Near term, watch the 200-day around $22 and the 50-day near $24.97. Bollinger Bands sit at $16.46 (lower) and $23.63 (upper), framing risk. Today’s range was $19.72 to $21.70. A sustained move back above the 200-day would improve the medium-term picture.

How do analysts view D-Wave Quantum, and what does your model say?

Street coverage skews positive with 12 Buys and a 4.00 consensus. Our fundamentals model is cautious (C-, Strong Sell), while our composite Stock Grade is 70.7 (B+), suggesting BUY. The split reflects rich valuation versus strong growth potential, so position sizing and timing matter.

What risks should Germany-based investors consider?

Key risks include high valuation (about 305x price-to-sales TTM), ongoing losses, and potential dilution. Volatility is high (ATR ~1.78). Returns in euro accounts also depend on USD/EUR rates, so FX can add or reduce performance. Liquidity appears solid, but profitability timing is uncertain.

When is the next earnings date and why does it matter?

The next scheduled report is May 20, 2026 (UTC). It matters because investors want confirmation that revenue growth is translating into better margins and manageable cash burn. Clear guidance on customer activity and runway could influence sentiment and the technical setup.

Global Market Insights

QBTS Stock Today: Record Revenue, $355M Loss; Shares Firmer — February 27

ByDanny Kontos February 27, 2026February 27, 2026

D-Wave Quantum stock edged higher on February 27 after the company reported record 2025 revenue but a roughly $355 million net loss and a miss versus estimates. The ticker QBTS last traded at $20.14, up 2.5%, within a day range of $19.72 to $21.70. For investors in Germany, the shares settle in USD, so euro returns depend on FX. We break down the topline momentum, the heavy losses, and what today’s move might mean for positioning. We also map key technical levels and analyst views to help assess near-term risk and reward.