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23.07.2025 21:17:39
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Why D-Wave Quantum Stock Is Soaring Today
Shares of D-Wave Quantum (NYSE: QBTS) are jumping on Wednesday, up 10.5% as of 2:50 p.m. ET. The rise comes as the S&P 500 and Nasdaq Composite gained 0.7% and 0.5%, respectively.D-Wave, a company developing quantum computing technology, is riding momentum in the broader quantum market as its stock receives a price target upgrade from a Wall Street analyst.An analyst at the investment bank B. Riley Financial increased their price target for shares of D-Wave while maintaining a buy rating. The analyst increased the target price from $20 to $22 and signaled their confidence in its potential.Continue readingWeiter zum vollständigen Artikel bei MotleyFool