D-Wave Quantum Rockets as Funding Frenzy Ignites

D-Wave Quantum ( (QBTS) ) has risen by 54.25%. Read on to learn why.

Meet Samuel – Your Personal Investing Prophet

D-Wave Quantum (QBTS) has surged 54.25% over the past week as investors pile into quantum computing stocks following a series of major catalysts. The main spark was news that the Trump administration plans to allocate $2 billion in grants to U.S. quantum computing firms under the CHIPS and Science Act, with D-Wave signing a Letter of Intent with the U.S. Department of Commerce for $100 million in proposed funding. The deal would likely be structured as equity and is intended to accelerate development of D-Wave’s next-generation quantum systems.

The company has also been in focus due to a flurry of operational updates that, while mixed on the surface, suggest growing commercial traction. D-Wave’s latest quarterly report showed revenue dropping 81% year-over-year to $2.9 million, but bookings exploded nearly 2,000% to a record $33.4 million, underpinned by a $20 million system sale to Florida Atlantic University and a $10 million agreement with a Fortune 100 customer. Management has outlined ambitious technology targets, including a 100,000‑qubit annealing system and a 10,000‑qubit gate-model quantum computer, which investors view as paving the way for future growth in AI, research, and blockchain-related workloads.

Wall Street’s increasingly bullish stance has added further fuel to D-Wave Quantum’s sharp move higher. The stock currently carries a Strong Buy consensus rating, with analysts at firms such as Rosenblatt, Craig-Hallum, and Jefferies all reiterating Buy ratings and price targets that imply substantial upside from current levels. With the prospect of significant government backing, a swelling order pipeline, and a clear roadmap to more powerful quantum machines, traders have rushed into QBTS, driving its 54.25% weekly gain and cementing its position as one of the most watched names in the quantum computing space.