Archived explainer. For the current picture see today's QBTS page.
D-WAVE QUANTUM INC (QBTS) is down -5.20% in the latest session. Our newswire has captured 23 stories on QBTS across 9 sources in the last 36 hours, with AI sentiment reading bullish (avg 61/100).
QBTS stock is down 5.20% at $16.21 in today’s session, reversing recent gains after a sharp intraday rally. The move follows a broader pullback in quantum computing stocks, which had surged on Monday due to news of expanded partnerships and industry optimism. While D-Wave Quantum’s collaboration with AT&T initially drove enthusiasm, the sector is now consolidating following a period of heightened volatility.
D-Wave Quantum (QBTS) saw a significant intraday jump of 20.3% on Monday after AT&T announced an expanded partnership to leverage quantum computing for network optimization. The deal, which builds on D-Wave’s existing telecom footprint, generated immediate enthusiasm among investors and analysts. However, the stock reversed direction on Tuesday amid broader market profit-taking and a general correction in quantum computing equities. The stock’s decline is part of a sector-wide pullback, with Rigetti and IonQ also seeing declines after Monday’s sharp gains. Benchmark’s recent initiation of coverage with a Buy rating and a $30 price target had previously added to the momentum, but the sector is now facing a test of its recent strength.
QBTS has moved up 10.2% over the last eight sessions, rising from $17.71 to $19.51 before today’s reversal. The stock is currently trading within its 52-week range of $12.75 to $46.75, with a market cap of $6.0 billion. The company remains unprofitable, with a trailing twelve-month EPS of -1.08 and revenue down 41.7% year-to-date. Unusual options activity has been skewed toward calls, with $1.3 million in call premiums versus $0 in puts, and the largest single print reaching $466,000. Insider selling has also continued, with 10 SEC filings in the last 90 days totaling $36.8 million.
Investors should monitor the stock’s ability to hold key support levels and whether the recent pullback leads to a broader reevaluation of the sector. With no earnings scheduled in the immediate future, the focus will remain on industry developments and the pace of partnerships. Coverage breadth is expanding, and the next key test for QBTS will be how it performs against the $15.00 level.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
D-Wave Quantum Inc. ($QBTS), a developer of quantum computing systems and software, jumped 20.3% on Monday after ATT Inc. ($T) agreed to expand its use of the ...
Quantum computing stocks are giving back part of Monday’s sharp gains in premarket trading Tuesday, after deals involving D-Wave Quantum Inc. ($QBTS) and Rigetti Co...
A telecommunications giant is expanding its use of quantum computing technology.
D-Wave jumped 20% after an expanded AT&T partnership for quantum network optimization, today, July 27, 2026.
Quantum computing stocks D-Wave Quantum ($QBTS) and Rigetti Computing ($RGTI) rallied 18% and 10.3%, respectively, on Monday (at the time of writing) after QBTS ann...
D-Wave stock pops as AT&T announces an expanded agreement. But does that warrant buying QBTS shares into strength today?
Benchmark projects the quantum industry should generate roughly $1.5 billion in revenue in 2026.
Benchmark restarts quantum computing coverage: Buy ratings for Rigetti, IonQ, and D-Wave, with 2025–2026 as key legitimacy years.
More on QBTS: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier QBTS move explainers: 2026-07-28 · 2026-07-27 · 2026-07-14