D-Wave Quantum Surges 38% in March: Is QBTS a Smart Buy Now?

From Nasdaq: 2025-04-03 15:00:00

Quantum computing is making waves in the tech industry, potentially surpassing AI in disruptive potential. D-Wave Quantum Inc. made headlines with its Advantage2 prototype showcasing quantum supremacy and a quantum-enhanced blockchain architecture, driving investor interest. NVIDIA’s CEO’s shift in stance on quantum computing signals industry recognition of its impact.

D-Wave Quantum stock outperformed peers like Rigetti Computing and IonQ, rallying 37.9% in March. The company’s record bookings of $23.9 million in 2024 and cash reserves exceeding $300 million highlight its strong market position. Technical indicators suggest continued bullish performance, with strong earnings estimates for 2025 showing upward trends.

With D-Wave Quantum trading below its average price target, the stock presents a strong upside potential. Following Jensen Huang’s remarks on quantum computing, QBTS has seen significant gains, positioning it as a strategic investment for 2025. The global quantum computing market is projected to reach $125 billion by 2030, further bolstering QBTS’s growth prospects.

Zacks Research highlights D-Wave Quantum as a top stock for potential +100% gains. With innovative solutions and a growing customer base, this stock shows promise for significant growth. QBTS presents a strategic investment opportunity in the evolving quantum computing landscape, offering a competitive edge over industry peers.



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