Key Takeaways:
- D-Wave Quantum (QBTS) shares have fallen more than 50 percent year-to-date in 2026.
- The stock dropped below $14, a level not seen since May 2025.
- The decline reflects bearish sentiment on the speculative quantum computing sector.
Key Takeaways:

Quantum computing firm D-Wave Quantum Inc. (NYSE: QBTS) shares have lost more than half of their value year-to-date, reflecting significant negative investor sentiment on the speculative technology sector.
The stock’s decline broke through the 50 percent threshold YTD as of April 5, 2026. The selloff could pressure the company's ability to raise future capital and casts a shadow on valuations across the quantum computing industry.
Shares of QBTS traded below $14 per share, a level not seen since May 2025. The stock had surged to more than triple that price by October 2025 before beginning its recent decline.
The sharp drop in D-Wave's valuation may attract bargain hunters, but also serves as a warning for investors in highly speculative sectors. The next several trading sessions will be critical to determine if the stock can find a new level of support or if further selling pressure will drive it lower.
This article is for informational purposes only and does not constitute investment advice.