Here’s How D-Wave (QBTS)’s Shares Behaved After Jim Cramer Said He Was “Wary” In January 2025

D-Wave Quantum Inc. (NYSE:QBTS) is one of the Jim Cramer’s Biggest Quantum Computing & Data Center Stock Hits.

D-Wave Quantum Inc. (NYSE:QBTS) is a quantum computing hardware and software company that provides computers and software services. Its shares are up by 59% over the past year and are up by 86% since Cramer discussed them in January on Mad Money. A major reason behind the stock’s performance since the CNBC TV host’s remarks is a 44% dip in November’s first three weeks. Back then, D-Wave Quantum Inc. (NYSE:QBTS) stock tumbled by 6% after the firm’s third-quarter earnings report was released on November 6th. The period was a tough one for quantum computing stocks in general, with media reports suggesting that weak earnings and risk aversion for emerging new technologies played a role behind the bearishness. While D-Wave Quantum Inc. (NYSE:QBTS)’s stock is down since October, it had nevertheless surged by 319% by mid-October:

“I am wary of D-Wave Quantum, a $2.2 billion company with $9 million in revenues over the last 12 months and very big losses.”

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