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Should You Buy D-Wave Quantum Stock While It's Under $35?

Source: Motley Fool

2026-06-04 00:50:00 ET

Quantum stocks are back, it seems, and D-Wave Quantum (NYSE: QBTS) is no exception. Shares of the quantum "pure play" are up 109% in the last two months.

A broader market rally has helped --  the S&P 500 is up 15.6% in the last month, the Nasdaq Composite is up 23.8% -- but some key catalysts have renewed investor faith in the sector.

First, Nvidia announced Ising, a new family of open-source AI models designed to accelerate quantum computing research. And the U.S. Department of Commerce announced a new $2 billion quantum investment program. D-Wave will receive $100 million in federal funding.

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D-Wave Quantum Inc.

NASDAQ: QBTS

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-0.38% G/L:

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QBTS Stock Data

$7,559,307,724
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236
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Hardware & Equipment
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