D-Wave Stock Soars: Two Key Drivers Fueling Momentum

D-Wave Quantum Inc. (QBTS) stock has seen significant growth in recent weeks, jumping nearly 14% on October 2, 2025, to close at $29.21. Pre-market trading on October 3 saw the stock climb further to $30.35 (as of 6:58 AM EDT), representing a 3.87% gain. This surge is part of a remarkable run from mid-September, where the stock traded in the $18 range before soaring near $30 – a gain of over 60% in less than three weeks. Two primary factors appear to be driving investor enthusiasm: a massive $400 million capital raise that has bolstered the company’s financial standing and growing commercial success, evident by real-world quantum computing deployments.