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An announcement from D-Wave Quantum ( (QBTS) ) is now available.
On June 5, 2025, D-Wave Quantum Inc. held its annual meeting of stockholders, where Steven M. West, Kirstjen Nielsen, and Roger Biscay were elected as Class III directors to serve until 2028. Additionally, the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. The Board also appointed Sharon Holt to replace Steven M. West as chair of the Nominating and Governance Committee and Roger Biscay to replace Kirstjen Nielsen as a member of the Committee, effective immediately after the meeting.
The most recent analyst rating on (QBTS) stock is a Buy with a $2.25 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 score is driven by strong momentum and promising earnings call highlights, tempered by financial performance challenges and valuation concerns. The company’s robust cash position and technical achievements provide a solid foundation, but profitability issues remain a significant risk factor.
To see Spark’s full report on QBTS stock, click here.
More about D-Wave Quantum
D-Wave Quantum Inc. operates in the quantum computing industry, focusing on developing and providing quantum computing systems, software, and services. The company aims to advance the practical applications of quantum computing across various sectors.
Average Trading Volume: 78,653,087
Technical Sentiment Signal: Buy
Current Market Cap: $5.25B
See more insights into QBTS stock on TipRanks’ Stock Analysis page.