D-Wave Quantum Stock Shows Signs of a Turnaround

After a volatile start to the year and significant share price declines in January, D-Wave Quantum is now demonstrating tangible progress. The quantum computing firm is countering its recent downward trend with substantial new contracts and explosive growth in system usage. The critical question for investors is whether this fundamental news can translate into lasting stability for the equity.

At its Qubits 2026 user conference, D-Wave’s management provided concrete data to support its commercial advances. Usage of its Advantage2 quantum systems skyrocketed, showing a remarkable 314 percent year-over-year increase. The company’s hybrid solver, Stride, also registered impressive growth, climbing 114 percent in just six months.

These metrics suggest the technology is making the crucial transition from laboratory research to practical, real-world application. This trend is further bolstered by an accelerated roadmap for its gate model, a development being propelled by the integration of the acquired company, Quantum Circuits.

Concurrently, D-Wave has relocated its corporate headquarters to Boca Raton, Florida. This strategic move is designed to enhance proximity to academic and commercial partners in the region and foster deeper collaboration.

Should investors sell immediately? Or is it worth buying D-Wave Quantum?

Major Contract Wins Provide Foundation

The operational momentum is being driven by decisive commercial victories announced in late January 2026, which are now materially impacting the business. A particularly significant agreement is a $20 million deal with Florida Atlantic University for the provision of an Advantage2 quantum computer.

Adding to this, the company secured a separate two-year, $10 million "Quantum Computing-as-a-Service" (QCaaS) contract with an unnamed Fortune 100 corporation. These substantial deals represent critical validation of D-Wave’s commercial offerings and provide a firmer revenue base.

A Sector in Transition

The company's operational successes are emerging as its stock attempts to establish a foundation following its January sell-off, with signs of stabilization appearing since early February. The broader quantum computing sector is undergoing a transformation phase in 2026, shifting its focus from pure research toward hybrid workflows and quantum-safe encryption.

For D-Wave’s share price trajectory, the key factor will be its ability to sustain the high momentum in contract signings over the coming quarters while continuing to enhance the reliability of its full-stack solutions. The market is watching to see if these strong signals evolve into a confirmed recovery.