Key Takeaways
- • D-Wave Quantum (QBTS) surged more than 9% in pre-market trading following AT&T's announcement to expand use of its quantum computing technology across the telecommunications company's operations for outage detection and traffic management.
- • Quantum computing sector experienced broad-based strength, with multiple quantum stocks posting double-digit gains; Rigetti climbed 18% on new $5.7M in orders (representing 4,600% annual gains), while Quantum Computing Inc. jumped 23% following a price target hike to $40.
- • AT&T's expansion of D-Wave partnership signals material commercial validation of quantum computing applications in enterprise infrastructure optimization, moving beyond limited pilot deployments to broader operational deployment.
- • Benchmark analyst David Williams issued a positive assessment on D-Wave in connection with the AT&T agreement, contributing to sector momentum and analyst price target increases across quantum names.
- • Quantum computing stocks significantly outperformed broader market indices during the week of July 28, 2026, with analysts calling for approximately 40% additional upside from prevailing price levels.
Summary
D-Wave Quantum recorded substantial pre-market gains on July 28, 2026, as AT&T announced an expansion of its quantum computing partnership beyond previous limited applications. The telecommunications giant plans to deploy D-Wave's quantum technology for enhanced outage detection and traffic management across its network infrastructure. This upgrade from pilot-stage implementation to operational deployment at enterprise scale represents a significant endorsement of quantum computing viability in mission-critical telecom applications.
The AT&T announcement catalyzed broader momentum across the quantum computing sector. Rigetti Computing surged 18% on the strength of new $5.7 million in orders, marking remarkable annual performance gains of 4,600%. Quantum Computing Inc. jumped 23% following an analyst price target elevation to $40. D-Wave itself advanced approximately 7% to $19.29 on Monday morning trading, reflecting both the AT&T agreement and positive sentiment from Benchmark analyst David Williams regarding the partnership's strategic implications.
Quantum stocks as a sector materially outperformed the broader market during the week, with analyst consensus calling for approximately 40% additional upside from then-current price levels. The AT&T expansion serves as a tangible proof point for enterprise quantum computing adoption, moving the technology narrative from theoretical application to measurable commercial deployment in a Fortune 500 operations environment. This validation appears to have shifted investor perception regarding quantum computing's near-term commercial viability and revenue potential.
The AT&T announcement catalyzed broader momentum across the quantum computing sector. Rigetti Computing surged 18% on the strength of new $5.7 million in orders, marking remarkable annual performance gains of 4,600%. Quantum Computing Inc. jumped 23% following an analyst price target elevation to $40. D-Wave itself advanced approximately 7% to $19.29 on Monday morning trading, reflecting both the AT&T agreement and positive sentiment from Benchmark analyst David Williams regarding the partnership's strategic implications.
Quantum stocks as a sector materially outperformed the broader market during the week, with analyst consensus calling for approximately 40% additional upside from then-current price levels. The AT&T expansion serves as a tangible proof point for enterprise quantum computing adoption, moving the technology narrative from theoretical application to measurable commercial deployment in a Fortune 500 operations environment. This validation appears to have shifted investor perception regarding quantum computing's near-term commercial viability and revenue potential.
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