What's Going On With D-Wave Quantum (QBTS) Stock?

Shares of D-Wave Quantum Inc QBTS are trading higher by 8.22% to $4.147 during Tuesday's session, rebounding from recent declines driven by cautious commentary on the timeline for quantum computing’s practical applications.

The stock's bounce back follows remarks by Nvidia CEO Jensen Huang and Meta Platforms CEO Mark Zuckerberg, both of whom expressed skepticism about the short-term feasibility of quantum computing.

What To Know: Huang, speaking during Nvidia's analyst day, projected that functional quantum computers capable of solving real-world problems are still 15 to 30 years away, with a 20-year timeline being the most realistic estimate.

Similarly, Zuckerberg shared his perspective during an appearance on the Joe Rogan podcast, noting that while he is not a quantum computing expert, he understands the technology remains a long way from practical use.

Read Also: Jensen Huang Said Quantum Computing Is 20 Years Away, But Nvidia Bets Big On Strategic Hiring

These statements have cast uncertainty on the pace of quantum computing advancements, affecting sentiment across the sector, including companies like D-Wave.

What Else: D-Wave Quantum specializes in annealing-based quantum systems designed to address optimization problems, machine learning, and other complex computational tasks.

Unlike gate-model quantum computers, D-Wave’s annealing technology has found early adoption in real-world applications, particularly in logistics, scheduling, and material sciences.

Despite progress, challenges such as error correction, system scalability and specialized algorithms limit practical use in broader industries. While long-term prospects for quantum computing may remain promising, recent commentary has somewhat tempered expectations for near-term breakthroughs.

Read Also: Wall Street Rebounds As Producer Inflation Misses Estimates, Tesla Gains, Chinese Stocks Rally

How To Buy QBTS Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in D-Wave Quantum’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, QBTS has a 52-week high of $11.41 and a 52-week low of $0.68.