Roth Capital lowered the firm’s price target on D-Wave Quantum (QBTS) to $40 from $50 and keeps a Buy rating on the shares. D-Wave reported continued process across both cloud services and hardware sales, with pipeline opportunities expanding globally for the company, the analyst tells investors in a research note. The firm added that it believes -Wave and its lead quantum annealing offering are also gaining greater traction with U.S. government opportunities.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QBTS:
- D-Wave (NYSE: QBTS) and BASF Complete Proof-of-Concept Project, Demonstrating Benchmark in Manufacturing Efficiency
- D-Wave Quantum reports Q3 adjusted EPS (5c), consensus (7c)
- QBTS Earnings: D-Wave Stock Slides Despite Q3 Sales Beat
- Options Volatility and Implied Earnings Moves Today, November 06, 2025
- D-Wave Quantum (QBTS) Gains Momentum with BASF Project Ahead of Earnings