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D-Wave QuantumQBTS +1.29%63 12-1 Month Momentum % is 4.24% as of Aug. 15, 2026. GuruFocus rates QBTS with a GF Score™ of 63/100 and a GF Value™ of $7.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,442 Hardware companies, D-Wave Quantum ranks worse than 55.32% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-15), D-Wave Quantum's 12-1 Month Momentum % is 4.24%.
The industry rank for D-Wave Quantum's 12-1 Month Momentum % or its related term are showing as below:
QBTS's 12-1 Month Momentum % is ranked worse than 55.32% of 2442
companies
in the Hardware industry
Industry Median: 5.88
vs QBTS: 4.24
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
D-Wave Quantum 12-1 Month Momentum % Related Terms
QBTS vs RGTI, QUBT, BRAI: 12-1 Month Momentum % Comparison
For the Computer Hardware subindustry, D-Wave Quantum's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
D-Wave Quantum 12-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
D-Wave Quantum (QBTS) has a 12-1 Month Momentum % of 4.24% as of Aug. 15, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on D-Wave Quantum and its competitors. According to the industry distribution chart, D-Wave Quantum ranks #1351 out of 2442 companies in the Hardware industry, placing it in the top 55.3%.
Is D-Wave Quantum's 12-1 Month Momentum % too high?
D-Wave Quantum's current 12-1 Month Momentum % is 4.24%. The Hardware industry median 12-1 Month Momentum % is 5.88. D-Wave Quantum's value of 4.24% is 27.9% below this industry median. Based on the distribution chart, D-Wave Quantum ranks #1351 out of 2442 companies in the Hardware industry, which is below the industry midpoint. Overall, D-Wave Quantum has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's 12-1 Month Momentum % compare to RGTI and QUBT?
According to the Hardware industry distribution chart, D-Wave Quantum ranks #1351 out of 2442 companies for 12-1 Month Momentum %. This places D-Wave Quantum in the lower half of its industry. The industry median 12-1 Month Momentum % is 5.88. D-Wave Quantum's value of 4.24% is 27.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Hardware company?
The median 12-1 Month Momentum % among Hardware companies is 5.88, based on 2,442 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. D-Wave Quantum's current 12-1 Month Momentum % of 4.24% is 27.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on D-Wave Quantum and its competitors. For the Hardware industry, the median 12-1 Month Momentum % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-Wave Quantum's current 12-1 Month Momentum % is 4.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Wave Quantum stock overvalued right now?
Based on GuruFocus' analysis, D-Wave Quantum (QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.59, compared to a current price of $21.17 — trading 178.9% above its estimated fair value. The current 12-1 Month Momentum % is 4.24% and 27.9% below the Hardware industry median of 5.88. D-Wave Quantum's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current 12-1 Month Momentum % is 4.24% as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is D-Wave Quantum (QBTS) Overvalued in 2026?
Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued.
The current stock price of $21.17 is trading 178.9% above its estimated GF Value™ of $7.59.
GuruFocus considers D-Wave Quantum to be Significantly Overvalued.
Key valuation signals for QBTS:
12-1 Month Momentum %: 4.24%
GF Value™: $7.59 vs. price of $21.17 (178.9% above fair value)
Industry Position: 27.9% below the Hardware median (#1351 of 2442)
No single metric tells the full story. See the QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.
63GF Score
Get the complete analysis for QBTS
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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