D-Wave Quantum's PyTorch-integrated Quantum AI Toolkit, scaling push and NASA project fuel a 17% target price upside.
With investors watching D-Wave Quantum Inc. NYSE: QBTS as a bellwether of the broader quantum computing space, the firm posted mixed results for the second quarter of 2025.
QSI posts in-line Q2 loss and 12.4% revenue growth, but a sharp miss on estimates sends shares down nearly 5%.
D-Wave Quantum (NYSE:QBTS) is scheduled to report its latest earnings on Thursday, August 7, 2025. Historically, the stock has reacted positively to its earnings reports, with a one-day price increase in 67% of instances following the announcement.
QBTS and RGTI are riding quantum computing momentum, but diverging revenue trends may sway investor sentiment.
In the last week of July, D-Wave Quantum Inc. NYSE: QBTS received two new Buy ratings from analysts at Canaccord Genuity and Rosenblatt Securities, as well as a $2 price target boost from B. Riley.
The quantum computing boom is worth watching closely if you're looking for growth beyond AI.
Every now and then, a new technology meets its moment. That's arguably happening with quantum computing.
Quantum computing is no longer just a scientific experiment; it is shaping up to be the next frontier in real-world problem-solving. Companies like Rigetti Computing RGTI and Quantum Computing Inc. QUBT are leading that charge, but they are taking very different routes to get there.
Finally breaking above $20 per share in mid-July, quantum computing giant D-Wave Quantum Inc. NYSE: QBTS extended its rally as it touched new all-time highs. As shares have nearly doubled in value year-to-date (YTD), investors will undoubtedly be watching the company's early-August earnings for clues about its ongoing commercialization efforts.
IonQ has hired the former head of applied research at JPMorgan Chase to help corporate clients of the quantum firm adopt next-generation hardware, algorithms and security, CNBC has learned. Marco Pistoia, who was head of JPMorgan's internal research group from 2020 to this year, will be joining IonQ as senior vice president of industry relations.
Stocks across the quantum computing sector have posted strong gains since the start of a summer-long rally, driven by a powerful series of technical and commercial achievements. This progress suggests the quantum computing industry is reaching an inflection point, moving from the research lab toward a commercial reality.