D-Wave (NYSE: QBTS), a leader in the development and delivery of quantum computing systems, software and services, was featured in a recent equity research report published by ROTH Capital Partners LLC. An excerpt of the report reads, โQBTS represents a next-generation quantum computing service provider that enables advanced applications that derive a quantum advantage over classical compute capability. QBTSโ adjusted 2Q23 and CY23 revenue expectations reflect revenue recognition timing for service contracts but is seeing no impact on customer cash collections and an improving profitability outlook. We believe investor interest in the growth opportunity in quantum computing is intensifying and raise our price target from $2.00 to $5.00. We maintain our Buy rating.โ
To view the full report, visitย https://ibn.fm/fjPMG
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the worldโs first commercial supplier of quantum computers โ and the only company building both annealing quantum computers and gate-model quantum computers. The companyโs mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Waveโs technology is being used by some of the worldโs most advanced organizations, including Volkswagen, Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jรผlich, University of Southern California, and Los Alamos National Laboratory. For more information, visit the companyโs website atย www.DWaveSys.com.
NOTE TO INVESTORS:ย The latest news and updates relating to QBTS are available in the companyโs newsroom atย https://ibn.fm/QBTS
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