A new report from Google suggests that quantum computers may be able to render critical aspects of the security cryptography used in Bitcoin and other cryptocurrencies obsolete in just a few more years.
D-Wave Quantum ( QBTS ) shares have fallen hard from their peak above $46 last October. Besides general euphoria for quantum stocks igniting an unsustainable bubble, earnings estimates have crashed back to earth.
Rigetti Computing may be better positioned than D-Wave as quantum stocks slide in 2026, with execution on scaling and deployments shaping the outlook.
D-Wave's Quantum Circuits acquisition and gate-model advances put QBTS ahead in speed, error correction and scalability for 2026.
D-Wave Quantum (NYSE: QBTS - Get Free Report) and Guidewire Software (NYSE: GWRE - Get Free Report) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, profitability, dividends, valuation, analyst recommendations and earnings. Profitability This table compares D-Wave Quantum
A longtime speculative play in the equally risky and emergent quantum computing industry, D-Wave Quantum Inc. NYSE: QBTS appears to be in a position to further separate the true quantum bulls from investors who merely went along for the ride as the company soared by some 168% in 2025. This is because D-Wave shares, despite a significant rally, have spent almost all of 2026 on either a steep decline or, at best, flat trading.
D-Wave Quantum posts a wider-than-expected Q4 loss as revenues rise 19% but miss estimates. The stock climbs 2.5% as cash surges and January bookings top $30M.
After weeks of anticipation—and amid a share price decline of nearly 29% year-to-date (YTD)—D-Wave Quantum Inc.
D-Wave Quantum Inc. (QBTS) Q4 2025 Earnings Call Transcript
D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.37 per share a year ago.
QBTS' Q4 2025 results are expected to reflect strong bookings and tech progress, but lofty valuation and margin pressure may cap upside.
QBTS is down 23% in 2026 as tight Fed policy hits speculative tech, but revenue traction, strong cash and backlog keep investors watching.