News Archives - Page 12 of 18 - BillionDollarClub

WednesdayAug 02, 2023 3:59 pm

BillionDollarBreaks – Benchmark Company Raises Price Target on D-Wave Quantum Inc. (NYSE: QBTS)

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, was featured in a recent equity research report published by The Benchmark Company LLC. The publication covers three public quantum computing companies, including D-Wave, and discusses a shifting in investor sentiment with quantum computing stocks in the report significantly outperforming the tech sector as the AI theme gathers momentum. An excerpt of the report reads, “QBTS - Our $3 price target (up from $2) is based on a 5.2x EV/Sales multiple on our current 2026E revenue projections. We…

TuesdayAug 01, 2023 3:11 pm

BillionDollarBreaks – ROTH MKM Raises Price Target on D-Wave Quantum Inc. (NYSE: QBTS) from $2.00 to $5.00

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, “QBTS represents a next-generation quantum computing service provider that enables advanced applications that derive a quantum advantage over classical compute capability. QBTS’ 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…

MondayJul 31, 2023 12:59 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) ‘Buy’ Rating Maintained, WestPark Capital Increases Price Target

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services was spotlighted in a recent WestPark Capital Technology research report. On July 21st, WestPark Capital, a full-service investment banking and securities brokerage firm, adjusted its D-Wave FY23 revenue/EPS estimates to $12.0 million, maintained FY24 revenue/EPS estimates of $27 million, re-iterated its buy rating on QBTS, and increased their 12-month price target by 100% from $3 to $6. WestPark Capital’s Kevin Garrigan stated “We believe D-Wave's quantum annealing system provides benefits and cost savings to commercial customers,” the report analysis stated. “Being the only company that has built…

ThursdayJul 27, 2023 12:29 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation in Upcoming Quantum Computing Webinar, New Research Collaborations

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, will participate in Deloitte’s upcoming quantum computing webinar series. The episode, slated for Aug. 3, 2023, is titled “Quantum Annealing Unleashed: Optimize Your Business Operations” and will feature a discussion by Murray Thom, D-Wave vice president of quantum business innovation; Scott Buchholz, global quantum lead at Deloitte Consulting LLP; and Sal Certo, quantum optimization lead at Deloitte. The 60-minute webinar will begin at noon ET. The hour-long event will include a discussion on annealing quantum computing’s near-term value…

WednesdayJul 19, 2023 2:54 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Pilot Program with VINCI Energies, QuantumBasel

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, announced that it is working with QuantumBasel on a quantum pilot project with VINCI Energies, an accelerator of environmental and digital transition. According to the announcement, the collaboration will use D-Wave’s annealing quantum computers and quantum hybrid solvers through the Leap(TM) quantum cloud service to provide VINCI Energies with real-time access to quantum solutions. The use case for the project is the design of a heating, ventilation and air conditioning (“HVAC”) system, which includes several steps to maximize user comfort, minimize environmental burden and reduce cost of…

WednesdayJul 05, 2023 2:05 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Regains Compliance with NYSE Listing Rule

D-Wave (NYSE: QBTS), a leader in commercial quantum computing systems, software and services, today announced that it has regained compliance with the New York Stock Exchange, meeting its continued listing standard for minimum share price. On July 3, 2023, the NYSE provided D-Wave with a notification letter of re-compliance based on D-Wave‘s share price being at least $1.00 on June 30, 2023, as well as a calculation of the company’s average closing price for the 30 trading days ended June 30, 2023, reflecting an average closing price above the NYSE’s $1.00 minimum requirement. D-Wave will continue trading on the NYSE,…

WednesdayJun 28, 2023 12:31 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Ready to Execute on U.S. Government’s Shift to Near-Term Quantum Computing

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, is prepared to support the US government, as new legislation before Congress embraces all quantum technologies and pushes for near-term usage. The company announced today that recent legislation is calling for the U.S. government to develop and adopt near-term quantum computing applications with the potential to provide solutions to complex public sector optimization problems. These include electrical grid resilience, optimization of ports, global supply chain issues, emergency management and response, infrastructure, and telecommunication networks. “The country is at a unique inflection point for U.S. quantum policy,” said Dr.…

FridayJun 02, 2023 11:01 am

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Interpublic Group of Companies Inc. (NYSE: IPG) Announce Strategic Collaboration

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and Interpublic Group (NYSE: IPG), one of the world’s premier global advertising and marketing services companies, today announced a partnership that will see the companies work together on quantum computing applications that fuel innovation in marketing investments and strategy. D-Wave and IPG will collaborate on the research and development of quantum-hybrid applications designed to address optimization in marketing campaigns. “In today’s highly connected and deeply digital world, consumers are met with brand messages daily. Breaking through to reach the right customer at the right time remains a difficult…

TuesdayMay 23, 2023 2:41 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) is a Leading Gainer in 5/22 Trading

D-Wave Quantum Inc. (NYSE: QBTS) is one of yesterday’s top gainers. The company’s shares closed at $1.02 for the day, a 110.70% increase from the previous closing price of $0.48. QBTS opened at $0.50 and reached a high of $1.06 and an intraday low of $0.50 throughout the day. The 46.6 million shares that traded represent an all-time trading volume record for the company. D-Wave Quantum Inc. is a leader in quantum computing systems, software and services focused on delivering value to our customers via practical quantum applications for problems such as logistics, artificial intelligence, materials sciences, drug discovery, scheduling,…

MondayMay 22, 2023 2:17 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Welcomes Government Officials, Announces Quantum Training Program with QAI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently hosted two government officials at its Burnaby offices to highlight the company’s innovation in quantum computing. British Columbia premier David Eby and Jobs, Economic Development, and Innovation Minister Brenda Bailey were welcomed at the site, and the company also announced a new quantum-focused workforce training program during the pair’s visit. The training program, executed in collaboration with B.C.-based Quantum Algorithms Institute (“QAI”), will expedite the development of a quantum-ready workforce. The visit was also designed to help others gain a deeper understanding of how quantum technology can…

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