11 Best Performing Stocks in the Last 12 Months

8. D-Wave Quantum Inc. (NYSE:QBTS)

1-Year Share Performance: 342.47%

Number of Hedge Fund Holders: 28

On January 27, 2026, D-Wave Quantum Inc. (NYSE:QBTS) announced a key milestone in national defense, academic, and enterprise adoption.

Alongside its partners, Anduril Industries and Davidson Technologies, D-Wave Quantum, the only dual-platform quantum computing company, tested its Stride hybrid solver on complex U.S. air and missile defense scenarios. The company’s quantum-classical approach delivered at least 10x faster time-to-solution, improving threat mitigation by 9-12% and enabling interception of an additional 45-60 missiles in a 500-missile simulation. Leveraging this partnership, the companies aim to expand into logistics, cyber defense, and distributed manufacturing.

Meanwhile, D-Wave Quantum Inc. (NYSE:QBTS) announced its $20 million agreement with Florida Atlantic University (FAU). The agreement relates to the installation of an Advantage2 annealing quantum system, which will position FAU as a leader in quantum research, education, and workforce development in Florida.

Furthermore, D-Wave Quantum Inc. (NYSE:QBTS) announced the same day that it has secured a $10 million, two-year Quantum Computing as a Service (QCaaS) contract. Signed with a Fortune 100 enterprise, the deal reflects growing commercial adoption of its quantum annealing technology.

D-Wave Quantum Inc. (NYSE:QBTS) focuses on developing quantum computing systems, software, and services. These offerings provide cloud-based access and professional support for enterprise and government applications.