D-Wave Quantum (QBTS) Stock in December 2025: Rally, Volatility, and What Analysts Expect Next
D-Wave Quantum shares traded at $27–28 on December 9, 2025, up over 200% year to date after sharp swings. The stock plunged nearly 40% in November before rebounding more than 20% in early December, driven by bullish analyst coverage and renewed investor interest. Evercore ISI initiated coverage with an “Outperform” rating and a $44 target. Institutional investors have increased positions as volatility remains high.