D-Wave Quantum Shares Fall Following Sector Selloff
The company's stock price dropped as investors navigated broader market uncertainty ahead of a Federal Reserve decision.
Updated on Oct. 29, 2026 in Quantum Computing
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Shares of D-Wave Quantum declined 3.83% to $11.66 on Wednesday amid a sector-wide selloff in quantum computing stocks. The downturn followed a market rally on Tuesday as participants adjusted positions.
Why it matters
Investors are maintaining a cautious stance across the technology sector while awaiting the Federal Reserve's upcoming interest rate decision. This volatility reflects broader economic concerns despite ongoing efforts to expand commercial quantum computing adoption.
D-Wave Quantum stock is trading 12.4% below its 20-day simple moving average. The firm is expected to report a third-quarter loss of 10 cents per share on revenue forecasted at $4.33 million.
The players
D-Wave Quantum
This company is a provider of quantum computing systems, software, and services.
LG CNS
This is a South Korean information technology services provider and subsidiary of LG Corporation.
The details
The recent market movement coincides with a new non-binding memorandum of understanding between D-Wave Quantum and LG CNS. This partnership aims to integrate D-Wave's annealing quantum computing hardware with LG CNS's proprietary mathematical optimization software to drive adoption in Asian markets.
Timeline
March 2026: A death cross occurred in technical chart analysis.
October 2026: The company's stock reached its 52-week low.
Tuesday, Oct 27, 2026: A broad market rally occurred.
Wednesday, Oct 28, 2026: D-Wave Quantum stock declined by 3.83%.
Nov. 10, 2026: The company is scheduled to report its third-quarter financial results.
The Tech Race
The stock's technical performance currently reflects the ongoing challenges established by the March 2026 death cross in D-Wave Quantum stock. This volatility highlights the struggle of hardware-focused tech firms to maintain valuation momentum during broader market shifts.
Retail investors monitoring quantum computing holdings should note the technical resistance levels currently identified by the 20-day and 50-day simple moving averages. The upcoming earnings report on Nov. 10 will provide clarity on the company's progress toward the $4.33 million revenue target.
The takeaway
Market volatility often intensifies when technical indicators like moving averages align with macroeconomic policy shifts. Investors should remain focused on long-term fundamental performance rather than short-term price fluctuations during periods of high uncertainty.
What happens next
D-Wave Quantum is scheduled to release its third-quarter financial results on Nov. 10, 2026.
Further reading
Learn more about industry developments in the Quantum Computing section.
Source note: This article includes information reported by Benzinga.
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