Why the Next Move Out of the Dip Could Take QBTS Stock to $60[Stocks](https://moneymorning.com/category/article/stocks/) # Why the Next Move Out of the Dip Could Take QBTS Stock to $60  by Omor IE  October 17, 2025  Share it: **D-Wave Quantum** ( [QBTS](https://moneymorning.com/stocks/qbts)) hit resistance at $45 and declined today, after some insiders sold shares, likely to cover tax obligations. [QBTS](https://moneymorning.com/stocks/qbts) stock is still holding above $40, but many believe the broader rally that carried it up to this level from $1 a year ago may be fading.  However, that is unlikely to be the case, as the rally has actually accelerated, and the recent profit-taking move could translate into yet another drastic move to the upside in the next few weeks. In fact, many are already positioning for it. If we look at options open interest a month out, some traders are betting that the house of cards may tumble next month, whereas [others see a surge to $61](https://www.barchart.com/stocks/quotes/QBTS/max-pain-chart). Some think the stock will end up at $35.  But when you sort it out by volume and weed out the stale trades, this is what it looks like.  I would take the $35 range many bears are betting on as a floor price by mid-November, with $61 as a price point [QBTS](https://moneymorning.com/stocks/qbts) could soar to if it maintains its current trajectory. ## **Why the bulls can win** Seasonal trends are in your favor. The market remains exceedingly bullish, and Oct to November has been strong for D-Wave last year, and the year before it. Considering October has started on a bad note already, this leaves room for November and December to be green yet again.  Plus, the broader market remains exceedingly bullish, with quantum computing being seen as the “next big thing” after AI. D-Wave has managed to take advantage of this through a PR offensive, which translated into a higher share price, and directly beefed up its balance sheet through large at-the-market offerings earlier this year. The long-term trend remains up for [QBTS](https://moneymorning.com/stocks/qbts) stock, likely to $60 by year-end unless the broader market itself shifts gears. **Beat the market, without relying on brokers or biased institutions.** Email(Required) X/Twitter This field is for validation purposes and should be left unchanged. Subscribe By submitting your email address, you will receive a free subscription to _Money Morning!_ and occasional special offers from us and our affiliates. You can unsubscribe at any time and we encourage you to read more about our [Privacy Policy](https://moneymorning.com/privacy/). ## One moment, please: Processing your submission ###### More Trending Stories from Money Morning - [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) - [Is a Buyout the Hope PayPal Investors Have Been Waiting For?](https://moneymorning.com/2026/02/27/is-a-buyout-the-hope-paypal-investors-have-been-waiting-for/) - [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) - [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) - [Anthropic Mauls CrowdStrike Again. Here's Why the Cybersecurity Stock Is a Buy](https://moneymorning.com/2026/02/25/anthropic-mauls-crowdstrike-again-heres-why-the-cybersecurity-stock-is-a-buy/) Share it: ### Popular Articles ###### [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/03/01/why-acm-research-is-a-buy-despite-earnings/) March 1, 2026 ###### [$10,000 Invested in MercadoLibre 5 Years Ago Would Be How Much?!](https://moneymorning.com/2026/02/27/10000-invested-in-mercadolibre-5-years-ago-would-be-how-much/) February 27, 2026 ###### [Here's Why ACM Research Is a Buy Despite Its Earnings Miss](https://moneymorning.com/2026/02/27/heres-why-acm-research-is-a-buy-despite-earnings/) February 27, 2026 ###### [Axon Enterprise Stuns the Market With Huge Q4 Earnings Beat](https://moneymorning.com/2026/02/27/axon-enterprise-stuns-the-market-with-huge-q4-earnings-beat/) February 27, 2026 Notifications reCAPTCHA Recaptcha requires verification. [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/) protected by **reCAPTCHA** [Privacy](https://www.google.com/intl/en/policies/privacy/) \- [Terms](https://www.google.com/intl/en/policies/terms/)