B. Riley Securities initiated coverage on D-Wave Quantum with a new price target
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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
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| 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 |
Collaboration Supports Growing Public Sector Interest and Investment in Annealing Quantum Computing Technology to Address Complex Optimization Problems Today 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, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as D-Wave's Master Government Aggregator®, making the Company's cutting-edge quantum computing technologies available to the Public Sector through Carahsoft's reseller partners and NASA Solutions for
First-ever customer purchase of D-Wave Advantage annealing quantum computing system in Q4 contributes to increased bookings and marks significant expansion of the company's revenue model Record cash position of approximately $178 million at 2024 year end 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, announced today that fiscal year 2024 bookings will exceed $23 million, an increase of approximately 120% over fiscal year 2023 bookings. Contributing to the growth in bookings, the company also announced the first-ever customer purchase of a D-Wave Ad
Baratz issues statement to highlight commercial adoption and real-world value of D-Wave's annealing quantum computing solutions today 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, announced that CEO Dr. Alan Baratz was interviewed on CNBC's The Exchange yesterday, where he addressed recent comments from NVIDIA CEO Jensen Huang related to quantum computing's readiness and commercial availability. Dr. Baratz clarified that there are different types of quantum computing solutions – some maturing faster than others. D-Wave's powerful annealing quantum
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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
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
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