Here's Why I Wouldn't Touch D-Wave Quantum With a 10-Foot Pole

Industry Overview - Quantum computing is an emerging technology with the potential to perform computations beyond the capabilities of conventional supercomputers, potentially leading to breakthroughs across various industries [1] - The quantum computing market is projected to reach an annual value of $100 billion by 2035, according to research from McKinsey & Company [5] Company Analysis: D-Wave Quantum - D-Wave Quantum has experienced significant volatility in its stock price, ranging from $4 to $46 over the past year, and is currently trading in the middle of that range [2][3] - The company employs a unique approach called quantum annealing, which focuses on finding solutions that are close to optimal rather than perfectly optimal, making it suitable for complex real-world problems [6] - D-Wave Quantum is expanding its capabilities by acquiring a rival that develops gate-model quantum computing systems, aiming to develop both quantum annealing and gate-model systems concurrently to capture a larger market share [7] Financial Performance - D-Wave Quantum's financial outlook is modest, with Wall Street analysts expecting revenues of just under $40 million in 2025 and approximately $78 million in 2026 [8]