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Is D-Wave Quantum Stock Still a Buy?

TheMotleyFool

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Sometimes, the market becomes so fixated on valuation metrics that it overlooks a fundamental shift in technology. That's exactly what's happening with D-Wave Quantum (NYSE: QBTS) right now.

Yes, the stock has exploded 113% year to date, as of June 9, 2025. Yes, it trades at a nosebleed 146 times projected 2026 sales. And yes, quantum computing stocks have been riding a speculative wave that makes the dot-com bubble look rational. But here's what the bears are missing: D-Wave just crossed the line from quantum promise to quantum delivery, and the implications are staggering.

Image source: Getty Images.

Source Fool.com

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