D-Wave Quantum

D-Wave Quantum (QBTS.US) traded up intraday, rising about 3.8% to $20.09 as of 9:34 AM ET, recovering from a pre-market low of $19.70. News of Kevan P. Krysler's appointment to the board and audit committee, along with an expanded quantum network optimization partnership with NTT DOCOMO, buoyed sentiment. Financially, Q2 2026 revenue was $3.076M, down 0.61% YoY, while net loss narrowed 71.3% to $48.028M, with EPS of -$0.1295 improving 76.6% YoY, though operating loss remained at $53.278M. The stock is 57.05% below its 52-week high of $46.75 and down 28.62% YTD, but has reclaimed the 20-day moving average of $19.38. However, post-market trading saw the price retreat to $20.842, indicating lingering resistance.

D-Wave Quantum (QBTS.US) surged in early regular trading, gaining over 5% intraday, driven by carryover from a nearly 2% pre-market rise and continued optimism around the AT&T deal's 240x order boost. Q2 earnings showed revenue slightly down 0.61% to $3.076M, but net loss narrowed 71.3% to $48.028M with EPS improving 76.51% YoY, indicating a gradually improving cost structure. However, the stock's current price of $20.378 remains 56.41% below its 52-week high of $46.75 and below the 60-day MA of $22.165, with a year-to-date loss of 27.56%.

D-Wave Quantum (QBTS) opened sharply lower in regular trading today, initially dropping to a session low of $18.01 — nearly 61.5% below its 52-week high of $46.75 — after its latest quarterly results missed analyst estimates; Q2 revenue of $3.076 million fell short of expectations, while net loss widened 238.6% YoY to $18.357 million. However, the company also disclosed a 1,120% surge in year-to-date bookings and unveiled a breakthrough gate-model hardware architecture the prior day, helping the stock recover from early lows to a session high of $19.46. The stock remains below its 60-day moving average of $22.20 and is down 31% year-to-date.

D-Wave Quantum (QBTS) rallied intraday on August 4, closing up 5.3% at $21.04, driven by a broad quantum computing sector rebound and the company's partnership with Nasdaq Verafin to develop quantum-hybrid tools for financial crime detection. The stock hit an intraday high of $21.33 and a low of $20.34, with volume of ~8.1 million shares, well above the prior session. Despite Q1 2026 results showing a widening loss (EPS of -$0.05) and an 81% YoY revenue drop to $2.86 million, the market focused on the strategic collaboration. The stock remains 55% below its 52-week high of $46.75 but has reclaimed its 20-day moving average ($18.35), paring its YTD decline to 25.2%. However, with a price-to-book ratio of 6.86x and no profitability in sight, valuation concerns persist.

D-Wave Quantum shares surged in regular trading, driven by renewed sector-wide sentiment and a strategic partnership announcement. The stock opened at $18.15 (after a pre-market low of $18.00) and rallied steadily to an intraday high of $19.75, representing a gain of over 9%, last trading at $19.66 as of 10:20 ET. The rally was supported by news of a collaboration with Nasdaq Verafin to develop quantum-hybrid tools for financial crime detection, alongside broad gains in peers like IONQ and RGTI. However, fundamentals remain challenged: Q1 revenue was only $2.86 million, down 80.95% YoY, and net loss widened to $18.36 million. The stock is still about 58% below its 52-week high of $46.75 and down approximately 30% year-to-date, though it has reclaimed its 20-day moving average ($18.34), indicating short-term momentum.