Rosenblatt Lifts PT on D-Wave Quantum (QBTS) Stock

Core Insights - D-Wave Quantum Inc. (NYSE: QBTS) is identified as one of the best quantum computing stocks to buy for 2026, with a price target increase from $40 to $43 while maintaining a "Buy" rating [1][2] Group 1: Acquisition Details - D-Wave Quantum Inc. announced a merger agreement with Quantum Circuits Inc. for a total purchase price of $550 million, consisting of $300 million in D-Wave common stock and $250 million in cash [3] - The acquisition aims to combine D-Wave's expertise in scalable control of superconducting processors with Quantum Circuits' advanced error-corrected superconducting gate-model technology [4] Group 2: Technical Advancements - The company has demonstrated significant advancements in on-chip cryogenic control, which strengthens its long-term market position [2] - The merger with Quantum Circuits is expected to enhance D-Wave's error correction capabilities, further solidifying its competitive edge in the quantum computing sector [2][4]