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Reading: Stifel initiated coverage of D-Wave Quantum (QBTS) With a Buy Rating
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24x7Report > Blog > Finance > Stifel initiated coverage of D-Wave Quantum (QBTS) With a Buy Rating
Finance

Stifel initiated coverage of D-Wave Quantum (QBTS) With a Buy Rating

Last updated: 2025/08/08 at 12:45 PM
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Stifel initiated coverage of D-Wave Quantum (QBTS) With a Buy Rating
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D-Wave Quantum Inc. (NYSE:QBTS) is likely one of the Best Performing Quantum Computing Stocks So Far in 2025. On August 5, Stifel initiated protection of D-Wave Quantum Inc. (NYSE:QBTS) with a $26 worth goal and Purchase score.

The agency famous D-Wave Quantum Inc. (NYSE:QBTS) to be one of many pioneering quantum computing firms and one of many first to ship business quantum annealing methods. The agency additionally highlighted that the corporate has sufficient funding to achieve profitability and expects the quantum market to achieve $10 billion by the tip of 2030.

Stifel initiated coverage of D-Wave Quantum (QBTS) With a Buy Rating
Stifel initiated protection of D-Wave Quantum (QBTS) With a Purchase Ranking

A contemporary pc datacenter, operating a complicated quantum pc system.

The agency believes that utilizing base case assumptions, D-Wave Quantum Inc. (NYSE:QBTS) has the potential to seize at the least 15% of this market worth. Lastly, the agency additionally famous that the corporate has a robust business presence with paying clients, together with a key system sale to Germany’s Julich Supercomputing Centre, which positions it effectively to reap the early movers’ profit from the quantum trade.

D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing methods, software program, and companies. It additionally gives cloud entry to its quantum computer systems and hybrid solvers by way of its Leap platform.

Whereas we acknowledge the potential of QBTS as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back threat. In case you’re searching for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the best short-term AI stock.

See also  Deutsche Bank predicts up to 160% rally for these 3 stocks - here's why they have solid upside potential

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This text is initially revealed at Insider Monkey.

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TAGGED: Buy, Coverage, DWave, initiated, QBTS, Quantum, Rating, Stifel

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