Key events, in time order
BMO Capital initiates coverage on QBTS with outperform, citing revolutionary tech and commercial revenues
App cuts peak location-registration signaling by 65.3%, showing shift from pilots to scaled production
Q2 rev $12.4M down 44%; H1 bookings $35.5M; market cap $7.5B
2026年第二季度营收为$3.1 million，同比基本持平；QCaaS订阅收入$1.9 million，同比增长50%。
Companies announce partnership to explore quantum-enhanced financial crime detection, beginning with a pilot phase
AT&T signed an agreement to expand D-Wave's annealing quantum tech for network optimization; early test cut a workload from ~1 hour to under 15 seconds.
Q1 2026 revenue was $2.9 million, down 81% from Q1 2025 revenue of $15 million; QCaaS subscription revenue increased nearly 15% year-over-year to $1.8 million
None yet
None yet
The discussion focuses on technical analysis and options activity for $QBTS, with specific price levels and unusual call options being highlighted.
Main discussion
UPDATED FIB LEVELS FOR POPULAR STOCKS Drones • $ONDS $8 • $AVAV $146 • $KTOS $52 • $MRCY $88 Quantum • $IONQ $42 • $RGTI $17 • $QBTS $20 • $INFQ $13 Nuclear • $OKLO $37 • $UUUU $12 • $GEV $942 • $LEU $182 Space • $RKLB $58 • $ASTS $53 • $PL $19 • $RDW $12 Photonics • $AAOI $101 •
RECAP 8/21 Unusual Calls: $BABA Oct 160 C $BULL Aug28 9.5 C $INTU Sep 390 C $WBD Oct 30 C $ZTS Sep 85 C $QBTS Nov 60 C $GEV Dec 1320 C $PCG Oct 20 C $IBIT Nov 57 C $XOM Aug28 175 C $IE Jan 15 C $SHEL Aug28 97 C $XP Nov 21 C $ASST Oct 27 C $WULF Nov 20/25 C Spd $CVX Aug28 220 C $I
No comments yet.
Facts and opinions separated · All items sourced · Not investment advice
D-Wave makes quantum computers that solve optimization problems, like a super-fast puzzle solver for logistics and scheduling.
Revenue is tiny at USD 0.02B annually, with gross margin around 64%, but net losses are huge—net margin is -2001%—so money comes from selling systems and cloud access, not yet profitable.
D-Wave's annealing quantum tech is unique, but IBM and Google are pushing gate-based quantum, which could make D-Wave's approach obsolete. Moat is eroding as competitors advance.
