D-Wave Quantum stock closes up 7.6% as CES week nears

5 January 2026

New York, Jan 4, 2026, 19:12 ET — Market closed

D-Wave Quantum shares ended Friday up 7.6% at $28.13, with heavy volume.
The company is scheduled to present at CES Foundry in Las Vegas on Jan. 7–8, a near-term event risk for the stock. Business Wire
U.S. payrolls data due Friday could sway risk appetite for high-volatility tech names. Bureau of Labor Statistics

D-Wave Quantum Inc. shares closed Friday up 7.6% at $28.13, after trading between $25.44 and $28.42. About 48.4 million shares changed hands.

The timing matters. CES week is set to bring a fresh round of visibility for small-cap quantum computing names, with D-Wave due at the CES Foundry event in Las Vegas on Jan. 7–8, the company said. Murray Thom, D-Wave’s vice president of quantum technology evangelism, said “the technology is quickly moving into the mainstream.” Business Wire

Investors also face a macro cross-current. The U.S. Employment Situation report is scheduled for Friday, Jan. 9 at 8:30 a.m. ET, a release that can move bond yields and the rate outlook that often underpins speculative growth stocks. Bureau of Labor Statistics

D-Wave has another dated catalyst later this month. A Dec. 8 securities filing said the company’s Qubits 2026 user conference will be held Jan. 27–28 in Boca Raton, Florida, where it plans to discuss its technology roadmap. SEC

The latest move came alongside gains in other U.S.-listed “pure-play” quantum computing stocks. IonQ rose about 4.3% on Friday, while Rigetti gained roughly 6.6% and Quantum Computing Inc. added about 7.3%.

D-Wave’s business sits in a corner of the market that reacts quickly to headlines and demonstrations. It focuses on quantum annealing — a method geared toward optimization problems like scheduling — and markets “hybrid” tools that pair quantum processors with conventional computers to tackle parts of a workload.

For traders, round numbers and the latest range are the obvious markers. The stock finished near $28, with $30 a near-term level in view, while Friday’s low around $25.44 is an immediate reference point if momentum fades.

But the setup cuts both ways. If CES commentary is seen as incremental rather than commercial, or if a broader risk-off shift hits high-beta tech after this week’s data, the same volatility that lifted the shares can accelerate a pullback.

U.S. markets reopen Monday, and the next company-specific test comes Wednesday, Jan. 7, when D-Wave is scheduled to take the CES Foundry stage in Las Vegas. Business Wire

Khadija Saeed Latest posts

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

View all

Mondelez MDLZ appears undervalued after price weakness, DCF points to $115.67 intrinsic value
January 6, 2026, 8:14 PM EST. Mondelez International (MDLZ) traded at $52.73, with a weekly decline of 3.8% and a monthly drop of 4.0%, as year-to-date and trailing figures show weakness. The stock is down 6.7% over the last year, with a 3-year loss of 15.1% and a 5-year gain of 4.3%. Despite the softer price action, a DCF model assigns a valuation score of 6/6 and an intrinsic value of $115.67 per share, implying the current price discounts value by about 54.4%. The approach uses a 2-stage Free Cash Flow to Equity framework; latest twelve-month FCF is about $2.31 billion, with a projection of $7.66 billion in 2035. It suggests the stock is undervalued on this cash-flow view, pending earnings and pricing dynamics in consumer staples.