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Is D-Wave Quantum a Buy?

D-Wave Quantum has paying customers and a broadening technology platform. Here's why that's not the whole story.

Is D-Wave Quantum a Buy?

Published August 29, 2026 · Category: Finance

Overview

D-Wave Quantum (NASDAQ: QBTS) is a genuine rarity. It's a pure-play quantum computing company with actual paying customers, and its systems are already running production workloads.

AT&T cut a complex network optimization task from roughly an hour to under 15 seconds using D-Wave's annealing technology. That's not a demo. That's a useful business tool.

Details

Management discussed the AT&T project among several other deals on the recent Q2 2026 earnings call. Remaining performance obligations (RPO) hit $40.7 million at the end of June, up 668% year over year. More than half of this backlog should convert into revenue over the next year.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.