D-Wave Quantum: A Strong Buy on Unique Technology and Market Positioning

TipRanksMay 16 16:25

D-Wave Quantum's Fast Anneal To Boost Quantum Processing And Drive Customer Growth, Analysts Say

Needham analyst reiterates Buy rating and $2.5 price target for D-Wave Quantum. Q1 revenues of $2.5M, bookings up 54%. New fast anneal feature introduced.

Analyst UpgradesMay 14 13:54

Needham: Reiterates D-Wave Quantum (QBTS.US) rating, adjusted from buy to buy rating, target price $2.50.

Needham: Reiterates D-Wave Quantum (QBTS.US) rating, adjusted from buy to buy rating, target price $2.50.

Zhitong FinanceMay 14 04:40

Needham Reiterates Buy on D-Wave Quantum, Maintains $2.5 Price Target

Needham analyst Quinn Bolton reiterates D-Wave Quantum with a Buy and maintains $2.5 price target.

Analyst UpgradesMay 14 04:37

D-Wave Quantum Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/14/2024 82.48% Needham → $2.5 Reiterates Buy → Buy 04/08/2024 82.48% Needham → $2.5 Initiates Coverage

BenzingaMay 14 04:35

Earnings Call Summary | D-Wave Quantum(QBTS.US) Q1 2024 Earnings Conference

The following is a summary of the D-Wave Quantum Inc. (QBTS) Q1 2024 Earnings Call Transcript:Financial Performance:D-Wave reported Q1 2024 revenue of $2.5 million, a significant increase of 56% YoY.T

Futu NewsMay 13 19:44 · Conference Call