D-Wave Quantum Inc. (QBTS) Rises More than 17% Before its Presentation at CES 2026

Company Overview - D-Wave Quantum Inc. (NYSE:QBTS) is recognized as one of the best-performing quantum computing stocks in 2025, experiencing a rise of over 17% following its announcement to showcase quantum technology at CES 2026 [1] - The company's share price closed at $25.29 on December 26 after the initial gains [1] Upcoming Events - D-Wave will participate in the CES Foundry event at Fontainebleau Las Vegas from January 7 to January 8, where it plans to showcase its award-winning annealing quantum computing technology, hybrid quantum-classical solvers, and real-world customer use cases demonstrating measurable performance benefits [2] Analyst Ratings - Wall Street analysts are optimistic about D-Wave's stock, with Antoine Legault from Wedbush initiating a Buy rating with a price target of $35 on December 17, and Kevin Garrigan from Jefferies also initiating a Buy rating with a price target of $45 on December 15 [3] Industry Insights - Analysts at Wedbush acknowledge that quantum technology is still in its nascent stage but view it as a transformational technology with significant long-term potential, predicting that quantum computing will be the next frontier of computing [4] - Spending on quantum technology is expected to increase through 2030 as the technology matures, with a shift from research to commercial application anticipated to accelerate revenue growth for quantum stocks over time [5] - D-Wave specializes in developing and delivering quantum computing systems, software, and services, focusing on annealing quantum computers designed for business applications [5]