D-Wave Quantum Inc. NYSE: QBTS, the $10-billion quantum computing company with a share price that has soared by more than 358% in the last 12 months, is working to position itself as the go-to quantum firm in a crowded field that also includes competitors like IonQ Inc. NYSE: IONQ, Rigetti Computing NASDAQ: RGTI, and others.
Quantum: Turnaround Is On Track But Shares Aren't Yet A Buy
Quantum enablers like AMD, AVGO and TER are poised for 2026 gains as enterprise spending and post-quantum security drive near-term revenue growth.
D-Wave Quantum specializes in quantum annealing systems focused on optimization tasks. The company's valuation profile is reminiscent of darlings of the dot-com boom.
Quantum computing could be a game changer as it may solve problems deemed impossible today. Both cautious and aggressive investors may find quantum computing stocks to suit their styles.
On Thursday, data storage solutions provider Quantum Corporation announced better-than-expected preliminary Q3/FY2026 results with sales coming in above the high end of new management's guidance range. In addition, consensus expectations for Q4 appear to be on the low side, thus increasing the odds for management providing upside guidance next month. However, the overhang from convertible notes and warrants recently issued to primary lender Dialectic Technology SPV LLC is likely to persist in the near term.
Quantum Corp. (QMCO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
QBTS signed multiple Q3 customer deals across airlines, banking and pharma, lifting bookings to $2.4M and spotlighting growing adoption.
NVDA sits at the crossroads of AI, defense and sovereign tech spending, as geopolitical shifts push governments to lock in advanced computing power for 2026.
IONQ stands to benefit as the National Quantum Initiative Reauthorization Act pushes government funding from research into real-world quantum deployment in 2026.
Popular quantum computing company D-Wave Quantum Inc. NYSE: QBTS has taken another step toward cementing its status as a leader in the field with its early-2026 announcement that it plans to acquire privately-held rival Quantum Circuits Inc. in a deal worth $550 million. The move is D-Wave's first major acquisition announced since it revealed well over $800 million in cash reserves in its second-quarter 2025 earnings results, prompting speculation among investors that the company was preparing to go on a buying spree.
IBM has made quantum computing a priority. Alphabet has made major quantum computing breakthroughs with its Willow chip.