tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

D-Wave Quantum CEO Discusses Quantum Supremacy on Fox

Story Highlights
D-Wave Quantum CEO Discusses Quantum Supremacy on Fox

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from D-Wave Quantum ( (QBTS) ).

On May 12, 2025, D-Wave Quantum Inc. announced that its CEO, Dr. Alan Baratz, was interviewed on Fox Business’ The Claman Countdown, where he discussed the company’s recent achievements, including a quantum supremacy demonstration. This demonstration highlighted the Advantage2 quantum computer’s ability to outperform a leading supercomputer in a complex materials simulation, capturing the attention of the supercomputer community and national labs globally. Dr. Baratz also mentioned the long lead times in system sales due to their high costs, ranging from $20-$40 million. D-Wave sees annealing quantum computing as a key driver for commercial adoption, particularly for optimization problems prevalent in modern enterprises.

The most recent analyst rating on (QBTS) stock is a Buy with a $2.5000 price target. To see the full list of analyst forecasts on D-Wave Quantum stock, see the QBTS Stock Forecast page.

Spark’s Take on QBTS Stock

According to Spark, TipRanks’ AI Analyst, QBTS is a Neutral.

D-Wave Quantum’s overall score reflects significant financial challenges, with negative profitability and cash flow issues being major concerns. Despite strong technical achievements and promising future business prospects, these are overshadowed by current financial weaknesses. The technical analysis suggests potential support and a possible rebound, but the stock remains risky due to valuation concerns and profitability hurdles.

To see Spark’s full report on QBTS stock, click here.

More about D-Wave Quantum

D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum computing today, with its 5,000+ qubit Advantage quantum computers available on-premises or via the cloud.

Average Trading Volume: 62,106,790

Technical Sentiment Signal: Buy

Current Market Cap: $3.24B

See more data about QBTS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1