Despite tripling in value in the last six months, shares of D-Wave Quantum Inc. (NYSE: QBTS) seemed to be rallying once again with an increase of nearly 26% over a five-day period in mid-July 2025. This surge comes after D-Wave shares traded mostly horizontally for about two months starting in mid-May. Rivals including Quantum Computing Inc. (NASDAQ: QUBT) and IonQ Inc. (NYSE: IONQ) rose as well, but only by about 10% each over the same period. D-Wave managed to log a 12% increase in share price in just a single day.
What's behind the latest spike, and, perhaps more importantly, could it signal a push toward new record highs?
