D-Wave Quantum (QBTS) Stock Hits $29.49 in 2026 — 35% Surge on $100M Govt Funding

Quick overview

D-Wave Quantum Company is a company that makes quantum computers and it is the only company that makes both types of quantum systems which include annealing and gate model. This company’s stock has been showing very amazing performance over the past several months and it has seen quite a lot of increase in recent days in its stock price.

At the time we are writing this article, this stock is trading at $29.49 and shows an increase of 7.31% today. In addition, over the past five days this stock has increased by around 35%.

This large increase in a single day clearly shows that this stock has strength, and this stock may show even better performance in the future.

Quantum Company Simple Growth Story

Now let’s understand this company in detail, as we mentioned earlier, this company makes quantum computers which are special types of computers that solve very big problems in a very short time compared to normal computers.

They can do every task that normal computers cannot do, especially for government work and business purposes.

This company made sales of 2.9 million dollars in its first three months of 2026, which is seen as very low compared to last year, but despite this, the company’s performance and stock performance are very positive.

However, one reason for this is that the company took record orders of 33.4 million dollars, which is seen as nearly twenty times higher compared to last year.

Government Helps Quantum Company’s Growth

In addition to this, the biggest thing that helps this company grow is that the US government, under the CHIPS Act, signed a Letter of Intent to give this company 100 million dollars. This has greatly helped this company.

If we talk in detail, the US government has signed a paper in which the company will receive 100 million dollars under the CHIPS Act, and in return, the government will take a small number of shares of this company.

The 100 million that the company received is basically part of America’s 2 billion dollar plan in which they want to give relief amounts to all those companies that make quantum computers, because America wants to strengthen its grip on this technology internationally.

Quantum Company Growth and Future

On the other side of the story, another good development that further improves this company’s stock performance is that the company has acquired another quantum company named Quantum Circuits.

The purpose of acquiring this company was to be able to build its computers more quickly so that it can further grow in the future.

Considering all the positive things, experts like this company’s stock and express very positive expectations about the company’s future.

Experts believe that this company’s stock will show further increase in the coming days because the help provided by the government is giving a lot of confidence to this stock and to investors, and at the same time their record new orders have also left a very positive impact on investors.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.