D-Wave Quantum (QBTS) Is Up 16.7% After On-Chip Cryogenic Qubit Breakthrough Has The Bull Case Changed? - Yahoo Finance
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D-Wave Quantum (QBTS) Is Up 16.7% After On-Chip Cryogenic Qubit Breakthrough Has The Bull Case Changed?
Simply Wall St Tue, January 6, 2026 at 10:41 PM GMT+5:30 3 min read QBTS +2.06% D-Wave Quantum recently reported progress toward building scalable quantum systems that can operate outside the lab and announced an industry-first breakthrough in scalable on-chip cryogenic control of qubits for gate-model quantum computing. This advance suggests D-Wave’s existing annealing control technology could bridge toward more broadly applicable gate-model architectures, potentially expanding its addressable commercial use cases. With these technology breakthroughs as a backdrop, we’ll now explore how the push toward scalable gate-model quantum computing shapes D-Wave’s investment narrative. The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. What Is D-Wave Quantum's Investment Narrative? To own D-Wave Quantum, you really have to believe that its annealing-based systems can win meaningful real-world workloads while the company pushes toward scalable gate-model hardware. The latest on-chip cryogenic control breakthrough fits that story by hinting D-Wave might reuse its annealing control IP in gate-model architectures, which could eventually broaden its commercial relevance. In the near term, though, the more tangible catalysts still look like customer traction around Advantage2, government and defense deals, and updates from CES and the Qubits 2026 conference. The recent share price spike and options activity underline how tightly sentiment is tied to news flow, reinforcing that this is a high-volatility name. At the same time, steep losses, ongoing dilution and an expensive balance sheet remain front-and-center risks. Yet the cash burn and dilution trend are things investors really need to think about. D-Wave Quantum's shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.
Exploring Other Perspectives QBTS 1-Year Stock Price Chart Ninety fair value estimates from the Simply Wall St Community span US$0.24 to US$38.75, showing how differently people view D-Wave’s potential. Set that against the recent tech-driven share price surge and high volatility, and it becomes clear why comparing several independent viewpoints on risks and catalysts can be useful before forming a view on the stock’s prospects. Explore 90 other fair value estimates on D-Wave Quantum - why the stock might be worth less than half the current price!
Build Your Own D-Wave Quantum Narrative Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd. Story Continues A great starting point for your D-Wave Quantum research is our analysis highlighting 2 key rewards and 4 important warning signs that could impact your investment decision. Our free D-Wave Quantum research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate D-Wave Quantum's overall financial health at a glance. Ready For A Different Approach?Don't miss your shot at the next 10-bagger. Our latest stock picks just dropped:The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 25 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. Explore 29 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. These 14 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.Companies discussed in this article include QBTS.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.