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Investment analysis Score 45 Bullish

D-Wave Stock Return: $1,000 Investment Three Years Ago Now Worth $3,240

Jan 18, 2026 16:15 UTC
QBTS, D-WAVE

An investor who allocated $1,000 to D-Wave Systems (QBTS) three years ago would have seen their position grow to $3,240 as of early 2026, reflecting a 224% return. The performance underscores strong market confidence in quantum computing's commercial potential.

  • A $1,000 investment in D-Wave (QBTS) three years ago is now worth $3,240.
  • Total return over 3 years: 224%, surpassing S&P 500’s 68% return.
  • QBTS closed at $18.40 as of January 18, 2026, after trading range of $6.20–$18.40.
  • D-Wave’s quantum annealing technology drives adoption in logistics, finance, and pharma.
  • Partnerships with Volkswagen, NASA, and other enterprises support revenue growth.
  • Investor interest in quantum computing stocks has increased due to D-Wave’s performance.

A $1,000 investment in D-Wave Systems (QBTS) on January 18, 2023, would be valued at $3,240 as of January 18, 2026, representing a total return of 224%. This significant growth coincides with advancements in quantum annealing technology and increased enterprise adoption of quantum solutions across industries such as logistics, finance, and pharmaceutical research. The stock's performance reflects broader investor enthusiasm for quantum computing, a sector still in its early commercialization phase. D-Wave's unique focus on quantum annealing—distinct from gate-based quantum computing—has positioned it as a leader in niche applications requiring optimization of complex systems. Over the 3-year period, QBTS traded at a range between $6.20 and $18.40, with a closing price of $18.40 on the reporting date. The 224% return outpaces major benchmarks such as the S&P 500, which posted approximately 68% total return over the same period. This divergence highlights the high-risk, high-reward profile of emerging technology equities, particularly in specialized fields like quantum computing. D-Wave’s growing client base, including partnerships with organizations like Volkswagen and NASA, has bolstered its revenue trajectory and market credibility. Market participants now closely watch D-Wave’s upcoming product launches and commercial milestones. The stock’s trajectory may influence investor sentiment toward other quantum-focused equities, signaling a potential shift toward long-term positioning in quantum infrastructure and software development.

The analysis is based on publicly available historical stock price data and performance metrics. No proprietary or third-party data sources are referenced.
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