D-Wave Quantum (NYSE: QBTS) has drawn investor focus following proposed federal support for quantum projects, creating renewed interest in the shares. Growth potential appears substantial should adoption rates rise quickly, yet the present valuation assumes outcomes that could require considerable time to materialize.

Share prices referenced reflect market levels as of June 26, 2026, with related coverage dated July 3, 2026.

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Is D-Wave Quantum a buy at current levels?

Prior to considering shares of D-Wave Quantum, review the following points.

The Motley Fool Stock Advisor team recently selected what they view as the 10 strongest stocks for purchase at this time, and D-Wave Quantum did not appear on that roster. The chosen names are positioned for potentially strong performance ahead.

For context, when Netflix was featured on December 17, 2004, a $1,000 investment then would now equal $418,761.* Likewise, Nvidia on the list from April 15, 2005, would have turned $1,000 into $1,195,804.*

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*Returns calculated as of July 6, 2026.

Rick Orford maintains no holdings in the companies referenced. The Motley Fool also holds no positions in the mentioned stocks and follows a standard disclosure policy. Rick Orford works with The Motley Fool and may receive compensation for service promotions. Subscriptions via referral links provide additional support, though all views expressed remain independent.

Opinions stated here belong to the author and may not align with those of Nasdaq, Inc.