Jim Cramer on D-Wave (QBTS): “Maybe the Science Project Works Out, But It Is More of a Science Project”

1 hour ago 2

Syeda Seirut Javed

Sun, April 12, 2026 astatine 5:02 PM CDT 2 min read

D-Wave Quantum Inc. (NYSE:QBTS) is among the stocks Jim Cramer discussed alongside the tech marketplace divide. A caller asked if Cramer thinks companies similar D-Wave Quantum are positioned to rebound. In response, Cramer commented:

Well, I deliberation it’s much of a, candidly, it’s much of a subject project, which I don’t mean, you know, look, it is. And what tin I say, possibly the subject task works out, but it is much of a subject project.

Photo by Anton Maksimov juvnsky connected Unsplash

D-Wave Quantum Inc. (NYSE:QBTS) develops quantum computing systems, software, and services, including Advantage quantum computers, Ocean developer tools, and Leap unreality and hybrid solver services. Cramer offered his penetration connected the banal during the November 10, 2025, episode. The Mad Money big remarked:

Over the past fewer weeks, this erstwhile red-hot speculative broadside of this market, yeah, you cognize it’s getting crushed. I mean, conscionable look astatine the quantum computing plays. We had D-Wave Quantum connected the amusement successful August. Stock was astatine $18 and alteration by mid-October, past it peaked astatine astir 47 bucks. But present I deliberation this makes consciousness to some, it’s backmost beneath $30, down astir 40% from that high. That’s wherever you gotta commencement reasoning astir getting in. Last week, D-Wave reported its third-quarter results, and the study was truly a cleanable illustration of wherefore these stocks are truthful pugnacious to game. On the 1 hand, the numbers were each amended than expected. On the different hand, they lone had 3.7 cardinal successful gross past 4th due to the fact that the technology’s inactive successful its infancy. Stock really rallied astir 4% response. Still finished past week down astir 20%. Remember past week was… a atrocious week for these stocks.

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