D-Wave Quantum ( (QBTS) ) has risen by 8.99%. Read on to learn why.
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Trade QBTS with leverageD-Wave Quantum shares have climbed 8.99% over the past week as traders pile into the quantum computing name ahead of several key company events. The stock recently traded near $19.82, with options activity surging to about 60,000 contracts and call buying outpacing puts, signaling growing bullish sentiment. Implied volatility has risen, pointing to expectations of larger daily swings, while the broader quantum computing sector has also been rebounding, adding fuel to the move.
A major driver of the rally is D-Wave Quantum’s plan to host its first-ever Investor Day on June 1, 2026, at the New York Stock Exchange. Themed “The D-Wave Difference,” the event is designed to showcase the company’s dual-platform approach in quantum computing (annealing and gate-model systems), its recent acquisition of Quantum Circuits, and its expanding base of commercial, government, and research customers. Management aims to use the event to highlight technology leadership, a differentiated path to scale, and how its solutions are being applied in areas like energy-efficient AI and high-performance computing.
The stock’s advance is also being supported by positioning ahead of D-Wave Quantum’s upcoming Q1 2026 earnings report on May 12 and a rating lift from Zacks Research to Hold, which helped validate the recent price strength. Options markets are now pricing in a sizable potential move on earnings, reflecting both excitement and risk around the company’s growth prospects and continued cash burn. With technical signals flashing “Buy” despite a still negative year-to-date performance, D-Wave Quantum has become a focal point for investors seeking exposure to a high-risk, high-reward quantum computing story.