QBTS

D-Wave Quantum faces a securities lawsuit claiming it overstated prospects while launching new quantum systems and European partnerships. The stock has dropped 33.8% in a month and 58.7% YTD, with a 62.6% decline in 1‑year total shareholder return.

The article suggests Microsoft, not traditional quantum companies like IonQ or D-Wave, could become a surprise winner in 2027. It highlights Microsoft's unique position in the quantum space.

Key TakeawaysIonQ shares fell 3% today, alongside Quantinuum, Rigetti Computing and D-Wave Quantum, after Lam Research’s report set off a tech selloff. IonQ had no news of its own, and its drop shows the stock trading like a leveraged bet on the AI trade.

Defense giants Northrop and Lockheed are partnering with quantum firms IBM, IonQ, and D-Wave, potentially boosting those stocks. The focus is on how these collaborations could impact the companies.

The piece discusses timing for buying D-Wave Quantum stock, but no specific guidance is provided.

D-Wave has paying customers and promising tech, yet its stock may require growth beyond what the business can deliver in five years.

IonQ and D-Wave use different hardware, leading investors to choose a side before a payoff. The article compares their tech differences and investment implications.

D-Wave Quantum (QBTS) stock has dropped 70.8% over the past year, while the S&P 500 returned 17.4%. Investors continue to pay 353 times sales for the stock, compared with 3.1 times for the index, suggesting they expect far larger sales ahead.