D-Wave Quantum Inc. (NYSE:QBTS) is one of the The most active US stocks to buy according to analysts.. On December 17, Wedbush initiated coverage of D-Wave Quantum with an Outperform rating and a $35 price target. Wedbush maintains that D-Wave is a notable investment because it is ready for commercialization in an otherwise young industry. The firm highlighted the immediate applicability of its annealing systems to complex optimization problems, its broad reach across multiple industrial verticals, and the competitive advantage of its energy-efficient hardware.
On December 16, Jefferies also initiated coverage of D-Wave Quantum with a Buy rating and a $45 price target. The firm highlighted that it is well positioned to capitalize on the broad ecosystem tailwinds that are driving both market sentiment and usage across various quantum architectures. With the Advantage2 system now commercially accessible through the Leap cloud platform, these industry catalysts are driving several key growth drivers: improved customer education, expanded experimentation budgets, and a steady stream of pilot programs.
Additionally, Mizuho initiated coverage of D-Wave Quantum with an Outperform rating and a $46 price target on December 11. Mizuho noted that the company is pursuing a two-track strategy, developing quantum annealing and gate pattern technologies while maintaining flexibility for future acquisitions. D-Wave is currently the dominant leader in quantum annealing.
D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing systems, software and services worldwide.
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Disclosure: None. This article was originally published in Internal jumpsuit.