New York, Jan 5, 2026, 20:49 EST — Market closed
Shares of D-Wave Quantum Inc. rose 8.9% to $30.64 on Monday, outpacing a roughly 0.6% gain in the S&P 500 and a 0.8% rise in the Nasdaq-heavy QQQ ETF. The stock traded between $27.79 and $31.33, with about 46.0 million shares changing hands.
The move lands as the Consumer Electronics Show’s CES Foundry spotlights quantum technology on Jan. 7–8 at the Fontainebleau in Las Vegas. CES organizers list D-Wave among the companies expected to run live demos at the Foundry. 1
That matters for QBTS now because the stock has become a proxy for “pure-play” quantum names — companies whose fortunes are closely tied to quantum computing rather than diversified tech businesses. With CES about to bring more executives, product demos and headlines into the tape, traders are bracing for fast sentiment shifts.
Other quantum-linked stocks moved in the same direction on Monday. IonQ gained 4.1%, Rigetti Computing rose 5.9%, and Quantum Computing Inc. added 8.5%.
D-Wave builds quantum systems and sells access to them through cloud services. Its core “quantum annealing” machines are designed to tackle optimization problems — the kind where you’re searching for the best answer among many possibilities, like scheduling or routing.
D-Wave has pitched CES as a venue to show “practical quantum” use cases, including hybrid quantum-classical tools that split workloads between quantum processors and conventional computers. “Showcasing quantum computing at CES … signals that the technology is quickly moving into the mainstream,” Murray Thom, D-Wave’s vice president of quantum technology evangelism, said in the company’s CES announcement. 2
Beyond CES, a company filing showed D-Wave plans to hold its Qubits 2026 user conference on Jan. 27–28 in Boca Raton, Florida — another date likely to concentrate product-roadmap messaging and customer examples. 3
What investors will be watching is straightforward: whether the CES show floor and late-January conference produce concrete customer or partner updates, and whether the company can keep attention on real-world deployments rather than concept demos.
But the downside is just as clear. Quantum stocks have a history of sharp reversals when news flow thins, and any “risk-off” swing in broader markets can hit smaller, higher-volatility names first.
Technically, traders will watch whether QBTS can hold the $30 area and retest Monday’s high near $31.33 — a level that can act as resistance, meaning sellers often show up there. The next catalyst on the calendar is CES Foundry in Las Vegas on Jan. 7–8. 1
