What Do Analysts Think About D-Wave Quantum Inc. (QBTS)?

Group 1 - D-Wave Quantum Inc. (NYSE:QBTS) is recognized as a strong buy stock, with an Outperform rating initiated by Wedbush on December 17 and a price target of $35, indicating potential for significant growth due to commercial adoption of its technology [1] - The company has received a bullish recommendation from Wedbush, highlighting its real-world advantages in optimization and a large addressable market across various industries, which enhances its investment appeal [2] - Jefferies initiated coverage on December 16 with a Buy rating and a price target of $45, noting that D-Wave Quantum is well-positioned to benefit from positive ecosystem trends and increased usage of quantum architectures [3] Group 2 - D-Wave Quantum Inc. specializes in the development and delivery of quantum computing systems, services, and software, providing access to its systems through cloud-based quantum computing as a service [4]