Sell 3/17/2025Downgrade
D-Wave Quantum Inc. (QBTS) was downgraded to E+ from D- on 3/17/2025 due to a decline in the growth index and valuation index. Earnings per share declined from -$0.1127 to -$0.3694.

Sell 4/1/2024Upgraded
D-Wave Quantum Inc. (QBTS) was upgraded to D- from E+ on 4/1/2024 due to a noticeable increase in the growth index, total return index and volatility index. Total revenue increased 13.43% from $2.56M to $2.91M, earnings per share increased from -$0.1188 to -$0.1031, and operating cash flow increased 12.61% from -$16.87M to -$14.74M.

Sell 10/31/2023Downgrade
D-Wave Quantum Inc. (QBTS) was downgraded to E+ from D- on 10/31/2023 due to a decline in the total return index and volatility index.

Sell 10/13/2023Upgraded
D-Wave Quantum Inc. (QBTS) was upgraded to D- from E+ on 10/13/2023 due to an increase in the volatility index.

Sell 9/26/2023Downgrade
D-Wave Quantum Inc. (QBTS) was downgraded to E+ from D- on 9/26/2023 due to a decline in the volatility index and solvency index. The quick ratio declined from 0.55 to 0.25, and debt to equity increased from -1.44 to -0.93.

Sell 6/21/2023Upgraded
D-Wave Quantum Inc. (QBTS) was upgraded to D- from E+ on 6/21/2023 due to an increase in the volatility index and total return index.

Sell 4/24/2023Downgrade
D-Wave Quantum Inc. (QBTS) was downgraded to E+ from D- on 4/24/2023 due to a decline in the efficiency index and total return index. Total capital declined 43.15% from $22.56M to $12.82M, and net income declined 4.66% from -$13.05M to -$13.66M.

Sell 3/10/2023Upgraded
D-Wave Quantum Inc. (QBTS) was upgraded to D- from E+ on 3/10/2023 due to a large increase in the solvency index, growth index and volatility index. Debt to equity declined from -0.17 to -24.02, the quick ratio increased from 0.38 to 1.08, and total revenue increased 23.63% from $1.37M to $1.7M.

Sell 11/7/2022Downgrade
D-Wave Quantum Inc. (QBTS) was downgraded to E+ from D- on 11/7/2022 due to a decline in the volatility index and total return index.

Sell 9/6/2022None
D-Wave Quantum Inc. (QBTS) was downgraded to D- from U on 09/06/2022.