QBTS (D-Wave Quantum) Momentum Rank: 7 (As of Sep. 22, 2026) — 13% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

QBTS D-Wave Quantum Inc QBTS
63 GF Score
Price $17.70
GF Value $9.82
Valuation Significantly Overvalued
! 6 Warning Signs
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What is D-Wave Quantum Momentum Rank?

D-Wave Quantum QBTS +3.45% 63 Momentum Rank is 7 as of Sep. 22, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates QBTS with a GF Score™ of 63/100 and a GF Value™ of $9.82 (Significantly Overvalued). The stock has 6 warning signs investors should review.

D-Wave Quantum has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

D-Wave Quantum Momentum Rank Related Terms

QBTS vs RGTI, PSQL, QUBT: Momentum Rank Comparison

For the Computer Hardware subindustry, D-Wave Quantum's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank vs Hardware Industry

For the Hardware industry and Technology sector, D-Wave Quantum's Momentum Rank distribution charts can be found below:

* The bar in red indicates where D-Wave Quantum's Momentum Rank falls into.


QBTS
63GF Score
D-Wave Quantum Inc QBTS
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 7 mean?
D-Wave Quantum (QBTS) has a Momentum Rank of 7 as of Sep. 22, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on D-Wave Quantum and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, D-Wave Quantum's Momentum Rank has ranged from 3.00 to 10.00.
Is D-Wave Quantum's Momentum Rank too high?
D-Wave Quantum's current Momentum Rank of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. 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 Momentum Rank compare to RGTI and PSQL?
D-Wave Quantum's Momentum Rank of 7 can be compared against companies in the Hardware industry. Historically, D-Wave Quantum's own Momentum Rank has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Hardware company?
A good Momentum Rank depends on the Hardware industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on D-Wave Quantum and its competitors. D-Wave Quantum's current Momentum Rank is 7, which is 13% below median its own 10-year median of 8.00. 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 $9.82, compared to a current price of $17.70 — trading 80.2% above its estimated fair value. The current Momentum Rank is 7, which is 13% below median its 10-year median of 8.00. 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 Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current Momentum Rank is 7 as of Sep. 22, 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 $17.70 is trading 80.2% above its estimated GF Value™ of $9.82. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for QBTS:

  • Momentum Rank: 7 (13% below median its 10-year median of 8.00)
  • GF Value™: $9.82 vs. price of $17.70 (80.2% above fair value)
  • GF Score™: 63/100 with 6 warning signs

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 Business Description

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303
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

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.70
Price
$9.82
GF Value