Date | Price Target | Rating | Analyst |
---|---|---|---|
7/25/2024 | $3.00 | Buy | B. Riley Securities |
4/8/2024 | $2.50 | Buy | Needham |
10/19/2022 | $12.00 | Overweight | Piper Sandler |
8/30/2022 | $20.00 | Buy | ROTH Capital |
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B. Riley Securities initiated coverage of D-Wave Quantum with a rating of Buy and set a new price target of $3.00
Needham initiated coverage of D-Wave Quantum with a rating of Buy and set a new price target of $2.50
Piper Sandler initiated coverage of D-Wave Quantum with a rating of Overweight and set a new price target of $12.00
ROTH Capital initiated coverage of D-Wave Quantum with a rating of Buy and set a new price target of $20.00
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8-K - D-Wave Quantum Inc. (0001907982) (Filer)
8-K - D-Wave Quantum Inc. (0001907982) (Filer)
8-K - D-Wave Quantum Inc. (0001907982) (Filer)
8-K - D-Wave Quantum Inc. (0001907982) (Filer)
SCHEDULE 13G/A - D-Wave Quantum Inc. (0001907982) (Subject)
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New D-Wave research paper, "Blockchain with Proof of Quantum Work," presents a novel blockchain architecture that leverages the company's quantum supremacy achievement Research shows D-Wave's quantum computers could significantly reduce electricity needed to run blockchain New "Proof of Quantum" algorithm presented in paper adds enhanced layer of security Company successfully executes first-ever demonstration of distributed quantum computing, deploying blockchain across four cloud-based annealing quantum computers in North America D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, today announced that it has p
FY 2024 Bookings up 128% Year over Year Q4 Bookings up 502% Year over Year Current Cash Position Exceeds $300 Million D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024. "Every day D-Wave's quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum computing now. With record bookings, a record cash p
New landmark peer-reviewed paper published in Science, "Beyond-Classical Computation in Quantum Simulation," unequivocally validates D-Wave's achievement of the world's first and only demonstration of quantum computational supremacy on a useful, real-world problem Research shows D-Wave annealing quantum computer performs magnetic materials simulation in minutes that would take nearly one million years and more than the world's annual electricity consumption to solve using a classical supercomputer built with GPU clusters D-Wave Advantage2 annealing quantum computer prototype used in supremacy achievement, a testament to the system's remarkable performance capabilities D-Wave Quantu
SkyWater Technology, Inc. (NASDAQ:SKYT, or "SkyWater")), a U.S.-based Trusted technology realization partner, and D-Wave Quantum, Inc. (NYSE:QBTS, or "D-Wave")), a leader in quantum computing systems, software and services, today announced that D-Wave's Advantage2™ annealing quantum computer prototype, fabricated by SkyWater, was used to achieve computational supremacy in quantum simulation. The landmark research was published today by the American Association for the Advancement of Science (AAAS), in its journal, Science, one of the world's most respected scientific journals, known for publishing high-impact research that advances global scientific and technological progress. The article d
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced that D-Wave management will be participating in the following upcoming investor events: B. Riley Virtual Quantum Computing Day on March 7, 2025 Stifel Technology One-on-One Conference in New York, NY on March 11, 2025 Roth Annual Conference in Dana Point, CA on March 17-18, 2025 Craig-Hallum Virtual Quantum Computing Conference on March 24, 2025 To register for an event and to schedule meetings with management, please contact your sales representative at the respective investment bank. For more information or to schedule a meeting with the management te
USA News Group News Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ -- Quickly countering the ultra-conservative timeline claims of NVIDIA's CEO Jensen Huang, Microsoft Corporation (NASDAQ:MSFT) just made a big statement with its new chip called Majorana 1, stating powerful quantum computers will be available in years not decades. Meanwhile, China is advancing its own quantum strategy, marking a very real threat of global data-centric authoritarianism. Because of this, government administrations around the world anticipate quantum computing threats are on the horizon, ushering in an urgent need for future-proofing cryptography. As the reality
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2024 ended December 31, 2024 on Thursday, March 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 13, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be Chi
MIAMI , Feb. 26, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in thematic investing, is proud to announce that its QTUM – Defiance Quantum Computing ETF has achieved two significant milestones: a prestigious 5-star Overall Morningstar Rating™ and assets under management (AUM) exceeding $1 billion. These accomplishments underscore QTUM's position as a leader in providing investors with targeted exposure to the rapidly evolving quantum computing sector. The 5-star Morningstar Rating, based on risk-adjusted returns as of January 31, 2025, places QTUM among the top-performing funds in its technology category, evaluated against 262 peers over a three-year period. Launched in September
Application built with Verge Ag and supported by Canada's DIGITAL Global Innovation Cluster simulates and optimizes in-field operations of autonomous and semi-autonomous machines at scale D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, announced that the companies have built a commercial hybrid-quantum application that simulates and optimizes movements of autonomous agriculture vehicles at scale. The companies expect the application to accelerate autonomy in agriculture,
Company sees increased interest from HPC centers, government labs, and academic institutions in D-Wave on-premises quantum systems for groundbreaking research and novel AI applications Company introduces "Quantum Uplift" program, providing organizations dissatisfied with competitors' quantum systems with financial incentives toward the purchase of a D-Wave Advantage system D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that it is enabling research centers, academic institutions, and governments to purchase on-premises D-Wave™ Advanta
FY 2024 Bookings up 128% Year over Year Q4 Bookings up 502% Year over Year Current Cash Position Exceeds $300 Million D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2024. "Every day D-Wave's quantum technology is helping customers gain competitive advantages, discover new scientific breakthroughs, and fuel innovations that were previously unimaginable," said Dr. Alan Baratz, CEO of D-Wave. "Our mission is unwavering - to help organizations realize the benefits of quantum computing now. With record bookings, a record cash p
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the fourth quarter and fiscal year 2024 ended December 31, 2024 on Thursday, March 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, March 13, 2025, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be Chi
Q3 QCaaS Revenue up 41% Year over Year Fiscal YTD Revenue up 11% Year over Year Fiscal YTD GAAP Gross Profit up 54% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its third fiscal quarter ended September 30, 2024. "Annealing quantum computing is continuing to drive the commercial adoption of quantum technology," said Dr. Alan Baratz, CEO of D-Wave. "Organizations around the world – from Vinci Energies in Europe to NTT DOCOMO in Japan – are recognizing the value our technology can bring right now in fueling new discoveries, facilitating operational
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the third quarter of fiscal year 2024 ended September 30, 2024 on Thursday, November 14 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, November 14, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be
Q2 Revenue up 28% Year over Year Q2 Bookings up 6% Year over Year GAAP Gross Profit up 97% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its second fiscal quarter ended June 30, 2024. "Our second quarter results show continued traction on all fronts - revenue, bookings, customer acquisition, liquidity and technical advancements," said Dr. Alan Baratz, CEO of D-Wave. "There is rapidly growing awareness of annealing quantum computing and its ability to deliver business benefits today, and the market is responding. This is further strengthened by
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the second quarter of fiscal year 2024 ended June 30, 2024 on Thursday, August 8 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Thursday, August 8, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Participating in the call will be Chief Ex
USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, July 9, 2024 /PRNewswire/ -- USA News Group – The age of quantum computing is rapidly approaching, and it's coming faster than we think. Using the principles of quantum theory that explains the behavior of energy and material on the atomic and subatomic levels, quantum computing has the capability to sift through huge numbers of possibilities and extract solutions to complex problems and challenges. Now experts are discussing the interplay of quantum computing, cybersecurity, and AI together, as demonstrated at the recent Tech.eu Summit in London. While today's quantum computers are "extremely error-prone" and capable
Q1 Revenue up 56% Year over Year Q1 Bookings up 54% Year over Year Gross Profit up 294% Year over Year D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its first fiscal quarter ended March 31, 2024. "D-Wave's first quarter revenue and bookings reflect growing customer demand for quantum and hybrid quantum solutions that can drive measurable impact today," said Dr. Alan Baratz, CEO of D-Wave. "Coupled with the significant technical milestones we've achieved with the Advantage2TM prototype, we believe our progress leading the commercialization of quantum through
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in quantum computing systems, software, and services, today announced it will release its financial results for the first quarter of fiscal year 2024 ended March 31, 2024 on Monday, May 13 before market open. The press release will be available on the D-Wave Investor Relations website: https://ir.dwavesys.com/. In conjunction with this announcement, D-Wave will host a conference call on Monday, May 13, 2024, at 8:00 a.m. (Eastern Time), to discuss the Company's financial results and business outlook. The live dial-in number is 1-800-267-6316 (domestic) or 1-203-518-9783 (international). The conference ID is "D-Wave." Participating in th
Q4 Revenue and FY Revenue up 21% and 22% Year over Year Q4 Bookings and FY Bookings up 34% and 89% Year over Year Expanding Gross Margins, Declining OpEx and Improving Net Loss and Adjusted EBITDA D-Wave Quantum Inc., (NYSE:QBTS) ("D-Wave" or the "Company") a leader in commercial quantum computing systems, software, and services, today announced financial results for its fourth fiscal quarter and year ended December 31, 2023. "Our momentum is undeniable," said Dr. Alan Baratz, CEO of D-Wave. "From our commercial traction to substantive product advancements, from our ground-breaking scientific milestones to new strategic partnerships — we believe all these achievements are propelling us
Board appointment further supports company's aggressive go-to-market efforts amid accelerating adoption of its annealing quantum computing solutions D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced the appointment of Sharon Holt to its board of directors. The appointment comes on the heels of the October 2024 additions of John DiLullo and Rohit Ghai to the D-Wave board, as the company continues to usher in the era of commercial quantum computing. Holt is a seasoned technology executive, investor, and board director with extensive global industry experience in
Growth-oriented technology industry veterans to support increasing market adoption of D-Wave's annealing quantum computing solutions D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced the appointments of veteran technology industry leaders, John DiLullo and Rohit Ghai, to its board of directors. The new board members join at a key time for the company, as it executes an aggressive go-to-market strategy designed to rapidly accelerate the adoption of its annealing quantum computing solutions across global businesses, research institutions and government agencies. John
Seasoned HR executive Sophie Ames brings 25+ years of human resources experience to the company's executive team D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced it is expanding its executive team with the appointment of Sophie Ames as chief human resources officer. At D-Wave, Ames will lead the global human capital innovation strategy essential to the Company's next phase of growth and will focus on building strong connections between the Company's performance, people and processes across the entire employee lifecycle engagement. "With
Collaboration aims to further quantum education and industry adoption efforts D-Wave Quantum Inc., a leading provider of quantum computing systems, software, and services, has joined the Chicago Quantum Exchange (CQE) as a corporate partner. The company, which serves a wide range of industries, helps customers derive value from today's quantum technologies by solving complex computational problems spanning optimization, research and artificial intelligence. It aims to engage with the CQE community on materials science research, quantum education, and the development of practical optimization use cases, including for the manufacturing and logistics industries. "Quantum computing has th
LOS ANGELES, June 20, 2024 (GLOBE NEWSWIRE) -- IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Stock2Me Podcast features a fascinating array of companies and individuals, many of whom are actively revolutionizing antiquated business practices within their respective markets. The latest podcast episode features Murray Thom, Vice President of Quantum Technology Evangelism at D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave"), a leader in
D-Wave Quantum Inc. (NYSE:QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual Reconstitution, effective at the open of US equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted on Friday, May 24th, 2024. The annual Russell US Indexes Reconstitution captures the 4000 largest US stocks as of Tuesday, April 30th, 2024, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which rem
New alliance focuses on joint go-to-market activities to bring near-term quantum technology to Canadian government and businesses D-Wave Quantum Inc. (NYSE:QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, is pleased to announce a new strategic alliance with Deloitte Canada to expedite the exploration and adoption of quantum computing solutions among governments and businesses in Canada. Deloitte is a global leader in serving the public sector, and this collaboration with D-Wave aims to accelerate the adoption of near-term quantum technologies, such as annealing quantum computing and quantum-hybrid, to tack