D-Wave Quantum (QBTS) stock jumps to start 2026 — CES Foundry demo puts next catalyst in focus

D-Wave Quantum (QBTS) stock jumps to start 2026 — CES Foundry demo puts next catalyst in focus

NEW YORK, January 3, 2026, 06:46 ET — Market closed

  • D-Wave Quantum shares last closed up 7.6% at $28.13 on Friday, the first U.S. session of 2026.
  • Traders are looking ahead to D-Wave’s CES Foundry appearance on Jan. 7-8 and a late-January user conference.
  • Investors also face a packed U.S. data calendar next week that could move rate expectations and high-beta tech stocks.

D-Wave Quantum Inc. (QBTS) shares last closed up 7.6% at $28.13 on Friday, after swinging between $25.44 and $28.42 on about 48 million shares. The jump came as traders rotated into quantum-computing names to start the year.

The move matters because the quantum-computing group tends to trade like a momentum pocket of the market — quick to react to shifts in risk appetite, and quick to reverse when investors turn defensive.

It also lands just ahead of a tight cluster of near-term catalysts, led by the Consumer Technology Association’s CES Foundry event in Las Vegas. CES Foundry is scheduled for Jan. 7-8 at Fontainebleau Las Vegas.

Other pure-play quantum stocks also advanced on Friday. IonQ rose 4.3%, Rigetti Computing gained 6.6% and Quantum Computing Inc climbed 7.3%.

In the broader market, the Dow and S&P 500 ended higher while the Nasdaq finished little changed, supported by a rally in semiconductor stocks, a Reuters report showed.

D-Wave said it will sponsor CES Foundry and showcase its annealing quantum-computing technology and hybrid quantum-classical solvers — tools that combine quantum processors with conventional computers. “Showcasing quantum computing at CES… signals that the technology is quickly moving into the mainstream,” said Murray Thom, D-Wave’s vice president of quantum technology evangelism. D-Wave Quantum

CES’s schedule lists a D-Wave session on Wednesday, Jan. 7 from 1:00 p.m. to 1:30 p.m., billed as a live demo on how quantum computing can help businesses.

Annealing is a type of quantum approach aimed at optimization problems — basically, finding good answers among an enormous number of possible combinations. That’s why quantum firms often talk about use cases like scheduling, routing and resource allocation.

Investors are also looking ahead to D-Wave’s Qubits 2026 user conference, which the company disclosed in an SEC filing is scheduled for Jan. 27-28 in Boca Raton, Florida.

Friday’s rally leaves traders watching whether the next headlines are tangible — new customer activity, partnership updates, or performance data — rather than broad promises about future adoption.

Before the next session on Monday, investors will also be tracking macro catalysts that can swing rate expectations. Reuters flagged the U.S. employment report due Jan. 9 and the consumer price index due Jan. 13 as key dates early in the month.

For QBTS, the near-term chart levels are straightforward: Friday’s low near $25.44 is the first line of support, while the $28.42 intraday high marks immediate resistance. A push above that area would put the $30 round number back in play.

The next earnings date is not confirmed by the company. Zacks lists D-Wave’s next earnings release as expected around March 12; investors typically focus on revenue, cash use and any update on commercialization pace.

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

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