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D-Wave Quantum Soars: 509% Revenue Surge Amid Mixed Results

6/26/2025

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Summary

Story summary

D-Wave Quantum (QBTS) shares show mixed results; analysts keep ‘Buy’ ratings after a 1,200% annual increase.
Roth MKM and B. Riley Securities raised price targets to $18 and $20, reflecting confidence in D-Wave's market position.
D-Wave's Q1 revenue reached $15 million, a 509% year-over-year increase, though the company remains unprofitable.
Quantum Art aims for a one-million-qubit computer by 2033, while IBM expands its global quantum systems.
Texas and South Korea are enhancing quantum initiatives, emphasizing research funding and technology development.

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Story summary

D-Wave Quantum (QBTS) shares show mixed results; analysts keep ‘Buy’ ratings after a 1,200% annual increase.
Roth MKM and B. Riley Securities raised price targets to $18 and $20, reflecting confidence in D-Wave's market position.
D-Wave's Q1 revenue reached $15 million, a 509% year-over-year increase, though the company remains unprofitable.
Quantum Art aims for a one-million-qubit computer by 2033, while IBM expands its global quantum systems.
Texas and South Korea are enhancing quantum initiatives, emphasizing research funding and technology development.