---
title: "Should You Buy D-Wave Quantum Stock While It's Under $35?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288666849.md"
description: "D-Wave Quantum (QBTS) shares surged 109% recently, driven by Nvidia's Ising AI models and a $100 million federal funding award. However, the author advises against buying, citing concerning financials with over $70 million in operating losses against minimal revenue. With commercial quantum computing likely years away, the stock carries high speculative risk and may plummet during market corrections."
datetime: "2026-06-04T04:55:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288666849.md)
  - [en](https://longbridge.com/en/news/288666849.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288666849.md)
generator: "portal-rs"
---

# Should You Buy D-Wave Quantum Stock While It's Under $35?

## Key Points

-   D-Wave shares have surged alongside the broader market, boosted by Nvidia's new Ising AI models and a $100 million federal funding award.
-   Despite the stock rally, D-Wave's financials remain concerning, with just $24.6 million in revenue last year against an operating loss exceeding $70 million.
-   Commercial quantum computing likely years away, the stock carries significant speculative risk, and it may face steep declines in a market correction.
-   10 stocks we like better than D-Wave Quantum ›

Quantum stocks are back, it seems, and **D-Wave Quantum** (NYSE: QBTS) is no exception. Shares of the quantum "pure play" are up 109% in the last two months.

A broader market rally has helped -- the **S&P 500** is up 15.6% in the last month, the **Nasdaq Composite** is up 23.8% -- but some key catalysts have renewed investor faith in the sector.

***Will AI create the world's first trillionaire?** Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. **Continue »***

First, **Nvidia** announced Ising, a new family of open-source AI models designed to accelerate quantum computing research. And the U.S. Department of Commerce announced a new $2 billion quantum investment program. D-Wave will receive $100 million in federal funding. 

## The stock is now sitting just shy of $30. Is now the time to buy?

The catalysts are encouraging, certainly, but they don't fundamentally change the picture in my eyes.

At present, D-Wave's financials aren't great to say the least: $12.5 million in sales over the last 12 months and a more than $100 million normalized loss during the same period. 

Image source: Getty Images.

Despite this, the company's market cap is now north of $11 billion. There is a massive amount of faith baked into the stock price. That can work if D-Wave makes some serious leaps forward soon in the development of its technology, but it's likely real commercial quantum is many years -- maybe decades -- away.

If, in that time, there is a major market correction, investors will flee speculative stocks like D-Wave, and its share price will plummet. I think there will be serious buying opportunities in the future, and I would avoid D-Wave right now.

## Should you buy stock in D-Wave Quantum right now?

Before you buy stock in D-Wave Quantum, consider this:

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*\*Stock Advisor returns as of June 4, 2026.* 

*Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.*

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**