Head to Head

FORM vs QBTS: which is the better buy in 2026?

On Alexandria's Compass, D-Wave Quantum has the edge with a 73/100 score versus 53/100 for FORM. Here is how they stack up, factor by factor.

FormFactor Inc.

NASDAQ:FORM

53/100 Compass
NeutralHold$8.2B

The probe card pick-and-shovel play on HBM and advanced packaging is real, but the stock already prices in flawless execution.

Full FORM analysis

D-Wave Quantum

NYSE:QBTS

Edge
73/100 Compass
FavorableAvoid$6.2B

D-Wave sells quantum computing's promise at a $6.7B market cap against $8M in trailing revenue. The math doesn't work.

Full QBTS analysis

Factor by factor

FactorFORMQBTS
Revenue Growth7389
Profitability4720
Valuation3060
Momentum5924
Theme Purity7199
Moat1627
Catalysts8999
Market Position2132

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Frequently asked questions

Is FORM or QBTS the better buy in 2026?

By Compass Score, D-Wave Quantum (NYSE:QBTS) edges it at 73/100 versus 53/100 for FORM. Both scores update weekly and reflect a contrarian, forward-looking read, not a recommendation.

How does Alexandria compare FORM and QBTS?

Each company is scored 1-100 on eight factors: revenue growth, profitability, valuation, momentum, theme purity, moat, catalysts, and market position. The Compass Score is the composite, and the comparison below shows where each name wins factor by factor.

Compass Scores are proprietary editorial research from publicly available data, not investment advice or a recommendation regarding any security. Rankings update weekly.