D-Wave Gains Another Bull. Why This Analyst Sees ‘Longer-Term Potential’ in Quantum. - Barron's
1. Stifel initiated coverage on D-Wave with a Buy rating at $26 target. 2. D-Wave has $815 million in cash, funding its path to profitability. 3. Analysts emphasize D-Wave’s advantage in commercial quantum annealing systems. 4. Quantum computing market predicted to reach $10 billion by 2030. 5. D-Wave's stock is up 114% this year amid growing investor interest.