D-Wave Quantum (QBTS) Stock Slides After CES 2026 Rally: Latest News, Analyst Price Targets, and 2026 Forecasts (Dec. 23, 2025)
D-Wave Quantum Inc. (NYSE: QBTS) is giving investors a familiar late-December combo: a euphoric spike, followed by a sharp reality-check pullback. After surging about 20% on Monday (Dec. 22), QBTS reversed course on Tuesday (Dec. 23) and closed down roughly 9%, as traders digested the catalyst behind the jump—and the stock’s already sky-high expectations. StockAnalysis That “up big / down big” rhythm isn’t a bug in the QBTS experience; it’s basically the product. Quantum computing stocks are still early in their commercial story, and D-Wave—despite having real customers and real revenue—is priced like the future arrived yesterday. What happened to