Analysts Optimistic on D-Wave Quantum’s (QBTS) Growing Commercial Adoption

Core Insights - D-Wave Quantum Inc. (NYSE:QBTS) is identified as one of the 12 tech stocks with significant upside potential, with Wedbush raising its price target from $35 to $40 while maintaining a Buy rating [1] - The company announced a $10 million, two-year enterprise Quantum Computing as a Service (QCaaS) agreement with a Fortune 100 company, indicating growing commercial adoption [1] - Roth MKM also reiterated a Buy rating with a price target of $40, suggesting an 87% upside from current levels, which is above the median Wall Street analyst estimate [2] Company Overview - D-Wave Quantum Inc. specializes in delivering and developing quantum computing systems, services, and software on a global scale [3] - The company offers a suite of open-source tools called Ocean, along with Advantage and Advantage 2 quantum computers, Leap quantum cloud service, and secure access and data protection services [3] Recent Developments - Florida Atlantic University plans to install an Advantage2 quantum computer in 2026, showcasing the expanding interest in quantum technology [1] - D-Wave has expanded its hybrid solver capabilities and formed new defense-related collaborations, indicating progress in its technological roadmap [1]