NEW YORK, December 30, 2025, 1:03 PM ET — Regular session
- D-Wave Quantum shares rose about 2.6% to $26.82, outpacing a slightly lower broader market. Reuters
- Quantum “pure-play” peers IonQ, Rigetti and Quantum Computing also traded higher in the regular session.
- Traders are watching options-implied volatility and the company’s January CES Foundry appearance for any commercial updates. TipRanks+1
D-Wave Quantum Inc. shares climbed on Tuesday, extending a choppy year-end stretch for quantum-computing stocks as the group again outperformed a flat-to-weaker U.S. market. Reuters
The move matters because quantum names have become a high-beta pocket of the tech market, with swings amplified by thin holiday liquidity and active retail trading. Investors.com said the group saw a late-December pop followed by profit-taking in the sessions that followed. Investors.com
D-Wave has been one of the sector’s standout gainers in 2025, but the stock remains well off its highs, underscoring how quickly sentiment can shift heading into 2026. Investors.com+1
Shares of the Palo Alto, California-based company were up 2.6% at $26.82 in afternoon trading, after closing Monday at $26.15. Investors.com
The broader backdrop was subdued: the S&P 500 and Nasdaq were both down about 0.06% on the session, while the Dow was off about 0.15%. Reuters
The rally in QBTS came alongside gains in other quantum-computing stocks, with IonQ up about 2%, Rigetti up about 1% and Quantum Computing up about 1% in the regular session.
Company news has been sparse in the past week; D-Wave’s most recent press release was on Dec. 22, when it said it will sponsor the CES Foundry in Las Vegas on Jan. 7-8, 2026. D-Wave Quantum+1
In that release, D-Wave executive Murray Thom said the CES appearance “signals that the technology is quickly moving into the mainstream,” a message the company is expected to reprise as investors look for concrete customer traction. D-Wave Quantum
Derivatives activity is also in focus. TheFly said options flow in QBTS was modestly bullish, with calls leading puts and 30-day implied volatility near 96 — options-market shorthand for expectations of bigger day-to-day swings. TipRanks
TheFly estimated the implied volatility level translated into an expected daily move of about $1.55, a reminder that the stock can gap sharply even without a headline. TipRanks
For investors new to the space, D-Wave markets “quantum annealing,” a quantum approach aimed at finding good solutions to complex optimization problems, and it also says it is developing gate-model systems, a more general-purpose quantum computing architecture. D-Wave Quantum+1
Before the next major company update, traders are watching whether QBTS can hold recent support near the mid-$20s in thin year-end trading, and whether January events — CES Foundry and the Qubits 2026 user conference set for Jan. 27-28 in Florida, according to an SEC filing — generate new commercial detail. SEC+2D-Wave Quantum+2
