Why D-Wave Quantum Stock Just Crashed - The Motley Fool
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I've got bad news and good news for D-Wave Quantum (QBTS 14.94%) investors today. Bad news first: D-Wave stock is plunging 11% through 11:45 a.m. ET Friday. And the good news? Image source: Getty Images. No bad news for D-Wave stock The good news is that there's no specific bad news behind the sell-off -- no earnings reports that missed targets, no analyst downgrades, not so much as a lowered price target on Wall Street. Instead, D-Wave stock seems to be crashing simply because everything tech is selling off today: Nvidia (NVDA 6.17%) shares are off nearly 5% this morning, and Bitcoin (BTC 6.89%) is down more than 5%. Red-hot memory company Micron (MU 12.89%) has already lost 7%. Basically, what we're looking at here is just a "risk-off" day for the market. What sparked it? The most likely catalyst stems from worries over Broadcom's (AVGO 7.73%) earnings report Wednesday night. Broadcom spooked investors when it warned that sales of its artificial intelligence chips will "only" triple in Q3, and not grow even faster, as analysts had hoped. And now everyone is panicking about everything tech, quantum computing stocks included. ExpandNYSE: QBTSD-Wave QuantumToday's Change(-14.94%) $-4.13Current Price$23.51Key Data PointsMarket Cap$10BDay's Range$23.30 - $26.5452wk Range$12.75 - $46.75Volume1.1MAvg Vol32.6MGross Margin32.92% So, is it safe to buy D-Wave stock? Just knowing why D-Wave stock is selling off doesn't necessarily mean it's safe to buy it, however. As a technology and as an industry, quantum computing is still in its infancy and probably years away from being a profitable endeavor. In the case of D-Wave, analysts polled by S&P Global Market Intelligence don't expect profits to arrive as far out as analysts are willing to make forecasts (in D-Wave's case, that's 2030). Worse, D-Wave will probably burn through more than $500 million in cash before it turns profitable. Before buying today's dip, make sure to check your risk tolerance first.Read NextJun 4, 2026 •By Johnny RiceWhy D-Wave Quantum Stock Jumped Nearly 50% Last MonthJun 4, 2026 •By Johnny RiceShould You Buy D-Wave Quantum Stock While It's Under $35?May 27, 2026 •By Geoffrey SeilerThe U.S.
Government Just Invested in These 3 Quantum Computing Stocks.
Should Retail Investors Follow Suit?May 26, 2026 •By Robert IzquierdoD-Wave Quantum vs. IonQ: Which Quantum Computing Stock Is a Better Buy in 2026?May 26, 2026 •By Howard SmithStock Market Today, May 26: D-Wave Quantum Falls Even After Commerce Department $100 Million FundingMay 26, 2026 •By Keith NoonanWhy D-Wave Quantum Stock Plummeted TodayAbout the AuthorRich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”TMFDittyX@RichSmithFoolStocks MentionedD-Wave QuantumNYSE: QBTS$23.51(-14.94%)-$4.13Motley Fool Stock Advisor’s Latest PickGet Access---% Avg ReturnBroadcomNASDAQ: AVGO$387.21(-7.57%)-$31.70NvidiaNASDAQ: NVDA$205.18(-6.17%)-$13.48Micron TechnologyNASDAQ: MU$873.86(-12.26%)-$122.14BitcoinCRYPTO: BTC$59,289.00(-6.89%)-$4,385.90*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.