If You'd Invested $1,500 in D-Wave Quantum Stock 1 Year Ago, Here's How Much You'd Have Today

Source The Motley Fool

Key Points

  • D-Wave Quantum is a pure-play quantum computing company, dealing with hardware and services.

  • Over the past year, D-Wave Quantum's stock has outperformed competitors IonQ and Quantum Computing Inc.

  • 10 stocks we like better than D-Wave Quantum ›

While artificial intelligence (AI) has rightfully gotten a lot of attention over the past few years, quantum computing has become an increasingly hot technology. And one of the companies leading the way in the space is D-Wave Quantum (NYSE: QBTS).

D-Wave Quantum's stock has experienced its fair share of ups and downs, but over the past year, it has been one of the more rewarding investments you could've made in the space. In the past year through Nov. 17, the stock is up around 1,280%. A $1,500 investment made one year ago would be worth around $20,700 today.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

Close-up digital rendering of a glowing box labeled Quantum Computing.

Image source: Getty Images.

D-Wave Quantum stands out because it's a pure quantum computing hardware and services company, but it's still a relatively new commercial business. In the third quarter, its revenue doubled year over year to $3.7 million, but it reported a loss of $140 million.

The losses are expected when dealing with a company in hypergrowth mode, but it definitely adds risks to an investment. D-Wave Quantum is currently trading at over 408 times its projected sales for the next 12 months, which, by virtually every standard, is extremely expensive.

Investing in D-Wave Quantum is a good way to gain exposure to a pure-play quantum computing stock, but there are less risky and more well-rounded tech options available.

Should you invest $1,000 in D-Wave Quantum right now?

Before you buy stock in D-Wave Quantum, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and D-Wave Quantum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $599,785!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,165,716!*

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See the 10 stocks »

*Stock Advisor returns as of November 17, 2025

Stefon Walters has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends IonQ. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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