Is This Quantum Outperformer a New Threat to D-Wave?

Group 1 - D-Wave Quantum Inc. has made significant strides in 2026, including the $550-million acquisition of Quantum Circuits, enhancing its position in the gate-model quantum technology sector [2] - The company has secured multiple new deals for its Advantage2 quantum annealing system, indicating a commitment to its dual-tech approach, which differentiates it from competitors [2] - A renewed focus on defense sector applications may provide new client opportunities and projects for D-Wave [2] Group 2 - Despite these advancements, D-Wave's shares have declined by 30% year-to-date, reflecting a broader selloff in the quantum industry [3] - Quantum Computing Inc. has experienced a smaller decline in share price compared to D-Wave and other rivals, suggesting it may have distinguishing factors worth noting [3][6] - Quantum Computing Inc. has a Moderate Buy rating from analysts, with expectations for its shares to potentially rise by 112% to $18 per share, although its revenue remains low at $384,000 for the last quarter [4][5]