D-Wave (QBTS) shares surged 20% after announcing participation in CES 2026 to showcase quantum technology and discuss synergy with AI and blockchain. Despite the rally, the stock is down 35% from its YTD high. Jefferies analysts have a “Buy” rating on QBTS with a $45 price target, anticipating 41% upside in 2026. The company is the only pure-play claiming quantum supremacy, with mature technology and over $800 million in cash for growth. Wall Street consensus remains a “Strong Buy” with price targets up to $48, suggesting a potential 65% rally in the coming year.

Overall, D-Wave’s CES participation could boost market confidence and position QBTS as a leader in next-gen computing. Showcasing real-world success stories and discussing growth opportunities in AI and blockchain will validate commercial traction and highlight future prospects. Jefferies projects a 73% revenue growth rate through the end of the decade, driven by continued adoption in quantum computing. Analysts agree with a bullish stance on D-Wave stock, expecting significant upside potential in the coming year.

Read more at Barchart: Dear D-Wave Quantum Computing Fans, Mark Your Calendars for January 7