D-Wave Quantum (QBTS) Soars 27.08% on New Quantum System Launch

D-Wave Quantum (QBTS) shares surged to a record high today, with an intraday gain of 27.08%.

The strategy of buying QBTS shares after they reach a recent high and holding for one week resulted in a 264.58% return over the past five years, significantly outperforming the benchmark with a 214.56% excess return. However, the strategy had a high maximum drawdown of -80.59% and a Sharpe ratio of 0.45, indicating significant risk and moderate returns.

The recent surge in D-Wave Quantum's stock price can be attributed to several key factors. The company recently announced the launch of its next-generation Advantage2 quantum computing system, which has driven significant investor interest. This system is designed for real-world applications in optimization, materials simulation, and AI, and marks the first instance of quantum-as-a-service available through D-Wave's Leap cloud service.

D-Wave has demonstrated quantum supremacy over classical computing in specific use cases, further boosting its credibility in the quantum computing space. The company's financial performance has also been noteworthy, with a significant increase in revenues following a sale to the Jülich Supercomputing Centre. The Advantage2 system is expected to significantly enhance performance and efficiency, attracting interest from major tech companies and research institutions.

Strategic moves by investment firms like D.E. Shaw, which increased its holdings in D-Wave, have added to the stock's momentum. Overall, D-Wave's technological advancements, financial achievements, and increasing commercial adoption have fueled the stock's upward trajectory in 2025.