Down 60%, Should You Buy the Dip on D-Wave Quantum?

Even after its pullback, this quantum computing pure play trades at a hefty premium.D-Wave Quantum's (QBTS 6.79%) stock is down by about 60% from the 52-week high it touched in October 2025. That kind of plunge naturally has some investors wondering whether this is a buy-the-dip opportunity or a warning sign. The answer to the question, however, is more nuanced. Unlike many of its quantum computing peers, which are research-first and funded by grants, D-Wave is already a revenue-generating business with pay ...