Is D-Wave's Pullback an Opportunity or a Warning?

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By Rick Orford – Apr 12, 2026 at 6:00PM ESTD-Wave Systems (QBTS +3.14%) is starting to look like a real commercial quantum story, but the stock is still caught between huge upside and serious execution risk. This video breaks down what is driving the momentum, what the market still doubts, and why the next move depends on whether the business grows into the hype. Stock prices used were the market prices of April 7, 2026. The video was published on April 11, 2026. Read NextApr 8, 2026 •By Keith NoonanWhy D-Wave Quantum Stock Plummeted 23.2% Last Month and Has Inched Lower in AprilApr 7, 2026 •By Keithen DruryUp 1,460% Since 2024, Is It Too Late to Buy This Quantum Computing Leader?Apr 3, 2026 •By Robert IzquierdoBetter Quantum Computing Stock: D-Wave Quantum vs. Rigetti ComputingApr 1, 2026 •By Will HealyD-Wave Quantum Stock Has Lost Two-Thirds of Its Value. Time to Buy?Mar 30, 2026 •By Keithen DruryThe Best Quantum Computing Stock to Buy Now: D-Wave Quantum vs. Rigetti ComputingMar 16, 2026 •By Scott LevineBest Tech Stocks to Buy in 2026 and How to Invest in ThemAbout the AuthorRick is a Wall Street Journal best-selling author with over 20 years of experience trading stocks and options. The most authoritative publications, including Good Morning America, Washington Post, Yahoo Finance, MSN, Business Insider, NBC, FOX, CBS, and ABC News, cover his work. His passion is business, and he works tirelessly to deliver content in an easy-to-understand manner. In 2018, Rick wrote The Financially Independent Millennial to inspire his readers with his story about becoming financially independent at age 35 despite not learning about money when he was younger. His books are easy to read and often refer to key points that “He would tell his younger self.” When not thinking about business, Rick writes (mainly about cruise ship travel) for his travel blog and is an enthusiast of fast cars, technology, & cooking.CMFrickorfordStocks MentionedD-Wave QuantumNYSE: QBTS$14.31(+3.14%)+$0.44*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
