Why D-Wave Quantum Stock Surged Today

Shares of D-Wave Quantum (QBTS +20.20%) soared on Monday after the advanced computing pioneer broadened its partnership with AT&T (T +1.20%). Image source: Getty Images. Making wireless networks faster and more efficient Early tests of D-Wave's quantum technology helped AT&T slash the run time for a network optimization process from roughly one hour to less than 15 seconds. These encouraging results prompted the telecom titan to expand the use of D-Wave's tech to areas such as outage detection, network planning, and traffic management. ExpandNASDAQ: QBTSD-Wave QuantumToday's Change(20.20%) $3.28Current Price$19.49Key Data PointsMarket Cap$6.0BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.Day's Range$17.79 - $19.5252wk Range$12.75 - $46.75Volume1.5MAvg Vol30.4MGross Margin32.92% "The speed we're seeing with D-Wave challenges what's currently possible," AT&T executive Lucus Haugen said. "It has the potential to help us optimize faster, increase efficiency, and scale more real-time operations, making quantum a practical tool for advancing how we run and modernize our network." Wall Street sees more upside ahead Benchmark analyst Gary Mobley has a buy rating on D-Wave's shares. He sees the quantum computing leader's stock price rising more than 50% to $30. Mobley notes that D-Wave's focus on helping its customers solve their optimization challenges is enabling it to deliver an actual "quantum advantage to users" and "solve real-world practical problems," unlike most of its rivals. However, Mobley also cautioned that with this groundbreaking technology still in its early stages, investors may be best served by spreading their bets across multiple quantum stocks.Read NextJul 27, 2026 •By Howard SmithStock Market Today, July 27: D-Wave Surges on Nasdaq Debut and Expanded AT&T DealJul 22, 2026 •By Anders BylundWhich Quantum Computing Stocks Get the Most Government Funding – and Does it Matter?Jul 21, 2026 •By Justin PopeIs D-Wave Quantum a Millionaire-Maker Stock?Jul 19, 2026 •By Scott Levine3 Best Tech Stocks to Buy in 2026 and How to InvestJul 19, 2026 •By Robert IzquierdoD-Wave Quantum's CEO Sold Over 50,000 Company Shares. Here's What That Means for Investors.Jul 9, 2026 •By Robert IzquierdoD-Wave Quantum vs. Rigetti Computing: Which Quantum Computing Stock Is a Better Buy in 2026?About the AuthorJoe Tenebruso is a contributing Motley Fool stock market analyst with more than 3,500 financial bylines to his name. Joe was an investment analyst for Stock Advisor, Income Investor, Crypto Society, and other top-rated investing services. He also managed Tier 1 Investments, a market-crushing real-money portfolio with 24.58% annualized returns. Joe graduated summa cum laude from Rutgers University with a Bachelor of Science in Finance.tmfguardianX@Tier1InvestorStocks MentionedD-Wave QuantumNASDAQ: QBTS$19.49(+20.20%)+$3.28Motley Fool Stock Advisor’s Latest PickGet Access---% Avg ReturnAT&TNYSE: T$24.44(+1.28%)+$0.31*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.