QBTS D-Wave Quantum Inc.

NEUTRAL Impact: 4/10 8-K
Horizon days Filed May 26, 2026 Processed 11d 9h ago SEC 0001907982-26-000071
8-K context-dependent: Items 7.01
Latest settled — T+5d
QBTS ▲ +4.89% at T+5d
NEUTRAL call ✓ call won +4.89% · α vs SPY +3.80% · entry $27.82 → $29.18
Next anchor: T+20d in 17d
Last close $23.85 (close Jun 5) · -14.27% from $27.82 entry
Entry anchored
May 26, 02:01 PM ET
via Databento tick
T+1d
-1.22%
call -1.22% · α -1.24%
$27.48
settled 11d ago
T+5d
+4.89%
call +4.89% · α +3.80%
$29.18
settled 5d ago
T+20d
call — · α —
in 17d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

D-Wave issued a press release defending its peer-reviewed quantum supremacy result against recent claims by Flatiron Institute researchers that classical simulation methods had overturned it. The company argues the new work does not reproduce the hardest problem instances or full set of measurements from its Science paper, and that its beyond-classical computation claim remains intact. No financial data or guidance was provided.

Actionable Insight

This is a scientific reputation defense with no immediate financial implications. Monitor for any peer rebuttals or further academic commentary that could sway the narrative around D-Wave's technological credibility. The stock's $10.8B market cap reflects high sentiment expectations — any scientific controversy could amplify volatility.

Key Facts

  • D-Wave issued a response to claims that new classical simulation work overturned its quantum supremacy demonstration
  • The company states the new work does not reproduce the full scope of its peer-reviewed Science result
  • No financial data, guidance, or material business updates were included in the filing
  • The filing is a Regulation FD disclosure with no financial statements or operational metrics

Financial Impact

No financial figures disclosed in the filing

Risk Factors

  • Further academic challenges to D-Wave's quantum supremacy claim could erode investor confidence
  • No financial data in this filing — stock price may be driven by narrative rather than fundamentals

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
86% bullish (22 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001907982-26-000071
Exhibit: exh_991xresponse.htm0001907982-26-000071
Document: 0001907982-26-000071-index-headers.html0001907982-26-000071
Document: 0001907982-26-000071-index.html0001907982-26-000071
Document: 0001907982-26-000071.txt0001907982-26-000071
12 reports for QBTS
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +46.88%Feb 28, 2026
Filters
Rows
Reports for QBTS — sortable, filterable
Type Now
Jun 5, 2026
1d ago
144
NEUTRAL ★ 2/10
$23.56 awaiting T+1awaiting T+1$23.85 (+1.23%)
Jun 2, 2026
4d ago
144
NEUTRAL ★ 2/10
$27.55 $27.64▲ +0.33%▼ −0.08%$23.85 (−13.43%)
Jun 1, 2026
5d ago
8-K
BULLISH ★ 6/10
$29.18 $29.91▲ +2.50%▲ +2.36%$23.85 (−18.27%)
May 27, 2026
10d ago
Insider Cluster
NEUTRAL ★ 4/10
$29.49 $30.14▲ +2.20%▲ +1.96%$23.85 (−19.13%)
May 26, 2026
11d ago
8-K
NEUTRAL ★ 4/10
$27.82 $27.48▼ −1.22%▼ −1.24%$23.85 (−14.27%)
May 22, 2026
15d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.82 $27.79▼ −0.11%▼ −0.06%$23.85 (−14.27%)
May 21, 2026
16d ago
8-K
BULLISH ★ 7/10
$25.74 $29.40▲ +14.22%▲ +13.77%$23.85 (−7.34%)
May 12, 2026
25d ago
8-K
MIXED ★ 6/10
$22.35 $21.44▼ −4.07%▼ −4.65%$23.85 (+6.71%)
May 4, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$21.54 $21.54· 0.00%▼ −1.38%$23.85 (+10.72%)
Mar 13, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$17.55 $17.46▼ −0.51%▼ −1.54%$23.85 (+35.90%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (9h 43m)

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