Why D-Wave Quantum Stock Plummeted 11.5% Last Month and Has Traded Flat in March
2026-03-06 10:00:02 ET
D-Wave Quantum (NYSE: QBTS) stock got hit with a significant valuation retracement in February, falling 11.5% in the month. Tech stocks generally had a rough go of things over the stretch, as investors took more cautious positioning on AI companies and other highly growth-dependent plays and digested a hotter-than-expected inflation report at the end of the month. In addition to these dynamics, the quantum-computing stock also saw a significant pullback following its fourth-quarter report.
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D-Wave published its fourth-quarter results before the market opened on Feb. 26. The quantum specialist recorded a non-GAAP (adjusted) loss of $0.09 per share on sales of $2.8 million in the period. For comparison, the average analyst estimate had targeted an adjusted loss of $0.06 per share on sales of roughly $3.7 million.
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