Roth Capital Raises the PT on D-Wave Quantum (QBTS), Maintains a Buy

Core Insights - D-Wave Quantum Inc. (NYSE:QBTS) is identified as a promising growth stock following a price target increase from $20 to $50 by Roth Capital, maintaining a Buy rating [1][2] - The price target adjustment is attributed to a new agreement with Swiss Quantum Technology for deploying a D-Wave Advantage2 quantum computer in Europe, valued at 10 million euros [1][2] Company Developments - The recent agreement in Europe is seen as a significant step for D-Wave Quantum Inc., potentially leading to hardware sales and validating the company's growth thesis [2] - D-Wave Quantum Inc. specializes in quantum computing systems, software, and cloud services aimed at enterprises and developers [2]