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Stock impact report

Analysts Optimistic on D-Wave Quantum's (QBTS) Growing Commercial Adoption [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
by the company, Wedbush raised its price target for D-Wave Quantum Inc. (NYSE:QBTS) from $35 to $40 while maintaining a Buy rating on January 28. Wedbush analyst Dan Ives was optimistic about the company's announcement of a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a leading Fortune 100 company. The firm views this deal as validation of growing commercial adoption. Wedbush also cited Florida Atlantic University's plan to install an Advantage2 quantum computer in 2026, expanded hybrid solver capabilities, new defense-related collaborations, and progress on the company's gate-model roadmap following the Quantum Circuits. Additionally, on January 28, Roth MKM analyst Sujeeva De Silva also reiterated a Buy rating along with the price target of $40 for the shares. The firm's price target implies a further 87% upside from current levels, slightly above the Median Wall Street analyst estimate, based on 14 analysts covering the stock. D-Wave Qu Show less Read more
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