QBTS · catalysts, narrative & risks

Executive Summary
As of 2026‑07‑14, D‑Wave Quantum Inc. (NYSE: QBTS) remains a publicly traded, dual‑platform quantum‑computing company delivering both annealing and gate‑model systems, software, and services [3]. The stock trades at a price of $20.11 with a market capitalization of $6.91–$7.44 B [1][10]. Its beta is 2.10 for the 5‑year monthly period [10].

Company Overview
The company’s ticker is QBTS on the NYSE, and it is recognized as the only company in the world that builds both annealing and gate‑model quantum computers [3]. The core business includes dual‑platform leadership, providing both annealing and gate‑model systems, software, and services [3].