8-K ·Filed May 26, 2026

QBTS

D-Wave Quantum Inc.
NEUTRAL
Impact 4/10
Horizondays Processed4mo ago SEC0001907982-26-000071
8-K context-dependent: Items 7.01
Actionable Insight • Neutral

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.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
QBTS ▼ -30.55% at T+60d
NEUTRAL call ✗ call lost -30.55% · α vs SPY -33.28% · entry $27.82 → $19.32
Entry anchored
May 26, 02:01 PM ET
via exchange tick
T+1d
-1.22%
call -1.22% · α -1.24%
$27.48
settled 4mo ago
T+5d
+4.89%
call +4.89% · α +3.80%
$29.18
settled 4mo ago
T+20d
-17.88%
call -17.88% · α -15.93%
$22.85
settled 3mo ago
T+60d
-30.55%
call -30.55% · α -33.28%
$19.32
settled 6w ago

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.

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)

Investment Themes

Quantum Computing

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
32 reports for QBTS
Performance horizon
64% Hit rate 7 of 11 directional calls best @ T+60▲ +46.88%Feb 28, 2026
Filters
Rows
Reports for QBTS — sortable, filterable
TypeNow
Sep 15, 2026
17d ago
8-K
NEUTRAL ★ 2/10
$16.41 $17.11▲ +4.27%▲ +3.45%$16.34 (−0.40%)
Sep 8, 2026
24d ago
8-K
BULLISH ★ 7/10
$17.67 $16.83▼ −4.75%▼ −4.09%$16.34 (−7.50%)
Aug 25, 2026
5w ago
8-K
NEUTRAL ★ 3/10
$17.51 $16.49▼ −5.83%▼ −5.71%$16.34 (−6.65%)
Aug 18, 2026
6w ago
8-K
BULLISH ★ 5/10
$19.53 $19.35▼ −0.92%▼ −0.72%$16.34 (−16.31%)
Aug 17, 2026
6w ago
8-K
NEUTRAL ★ 2/10
$20.87 $18.68▼ −10.49%▼ −9.30%$16.34 (−21.68%)
Aug 6, 2026
8w ago
8-K
MIXED ★ 5/10
$19.41 $20.90▲ +7.70%▲ +6.49%$16.34 (−15.77%)
Aug 3, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$19.98 $16.21▼ −18.87%▼ −20.90%$16.34 (−18.19%)
Jul 27, 2026
9w ago
8-K
BULLISH ★ 6/10
$19.51 $18.08▼ −7.33%▼ −8.40%$16.34 (−16.22%)
Jul 24, 2026
10w ago
8-K
NEUTRAL ★ 2/10
$16.21 $17.98▲ +10.92%▲ +10.55%$16.34 (+0.83%)
Jul 14, 2026
11w ago
8-K
NEUTRAL ★ 3/10
$18.95 $16.72▼ −11.77%▼ −10.47%$16.34 (−13.75%)
Showing 10 of 32

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