D-Wave to showcase quantum computing applications at CES 2026 - Investing.com

China tech is a hedge against U.S. dollar, UBS managers say D-Wave to showcase quantum computing applications at CES 2026 LAS VEGAS - D-Wave Quantum Inc. (NYSE:QBTS), a quantum computing firm whose stock has surged 316% over the past year, will participate as a sponsor of the CES Foundry at the Fontainebleau Las Vegas on January 7 and 8, 2026, the company announced in a press release. The quantum computing firm plans to demonstrate its annealing quantum computing technology and hybrid quantum-classical solvers at the two-day event, which brings together entrepreneurs, investors, government leaders, and media to discuss emerging technologies. Murray Thom, vice president of quantum technology evangelism at D-Wave, will deliver a 30-minute masterclass and demonstration on January 7, focusing on how organizations can derive value from quantum computing today. The session will highlight commercial applications in manufacturing, supply chain, materials science, and telecommunications. "Showcasing quantum computing at CES, one of the world’s most influential technology stages, signals that the technology is quickly moving into the mainstream," Thom said. Visitors can engage with D-Wave representatives at the CES Foundry booth FT12, where the company will display interactive demonstrations of its quantum computing systems. The company describes itself as the world’s first commercial supplier of quantum computers and claims to be the only company developing both annealing and gate-model quantum systems. D-Wave also announced its annual Qubits quantum computing user conference, scheduled for January 27-28, 2026, in Boca Raton, Florida. According to the company’s statement, more than 100 organizations currently use D-Wave’s quantum computing systems, with over 200 million problems submitted to date. In other recent news, D-Wave Quantum Inc. reported significant financial developments. The company completed the redemption of all outstanding public warrants, resulting in the exercise of 4,746,358 warrants, which generated approximately 6.9 million shares of common stock and cash proceeds of about $54.6 million. Following D-Wave’s latest quarterly report, Benchmark raised its price target for the company from $20.00 to $35.00, maintaining a Buy rating, citing strong progress toward commercialization and profitability, along with revenue growth and robust fourth-quarter bookings. Jefferies also initiated coverage of D-Wave Quantum with a Buy rating and a $45.00 price target, emphasizing the company’s position to benefit from positive trends in quantum computing. Similarly, Evercore ISI began coverage with an Outperform rating and a $44.00 price target, basing their analysis on projected earnings power. Additionally, D-Wave Quantum announced the formation of a new business unit to serve U.S. government quantum computing needs, appointing Jack Sears Jr. as vice president of U.S. government solutions. This move aims to enhance the adoption of D-Wave’s quantum computing products within government agencies, addressing increasing demands for quantum applications in logistics, transportation, and national security. These recent developments reflect D-Wave’s strategic initiatives and growth trajectory in the quantum computing industry. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. ProPicks AI evaluates QBTS alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if QBTS is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space? Join our investing challenges and compete for rewards while you learn!