Latest news with #DWaveQuantum
Yahoo
20 hours ago
- Business
- Yahoo
D-Wave Announces Successful Completion of $400 Million At-the-Market Equity Offering
PALO ALTO, Calif., July 01, 2025--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, today announced that it has successfully completed sales of $400 million in gross proceeds of its common stock pursuant to its previously disclosed $400 million "at-the-market" equity offering program (the "ATM Program"). The $400 million ATM Program, that commenced on June 11th and ended on June 27th, was completed at an average price per share of $15.18. This average price represents a $9.08 or 149% premium to the $6.10 average price per share of the most recent $150M ATM Program that was completed in January of this year. The proceeds from this offering bring the Company's current cash balance to approximately $815 million. The Company intends to use the proceeds from this financing primarily for strategic acquisitions and general corporate purposes including additional working capital and capital expenditures. "With what we believe to be the strongest balance sheet of any public, independent quantum computing company, we intend to invest in acquisitions and programs that will enable us to expand our already significant lead as the only commercial quantum computing company with applications in production," said Dr. Alan Baratz, CEO of D-Wave. About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward-Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. View source version on Contacts Investor Contact: Kevin Huntir@ Media Contact: Alex Daiglemedia@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
a day ago
- Business
- Yahoo
Zacks Investment Ideas feature highlights: Quantum Computing, D-WAVE QUANTUM and IonQ
Chicago, IL – June 30, 2025– Today, Zacks Investment Ideas feature highlights Quantum Computing Inc. QUBT, D-WAVE QUANTUM QBTS and IonQ IONQ. The quantum computing industry has seen a surge of attention in 2025, driven by a wave of technical breakthroughs and a rapid expansion in real-world applications. Once viewed as a far-off moonshot, quantum technology is now making tangible strides, with implications for cybersecurity, drug discovery, AI, and more. As investor interest accelerates, several quantum stocks appear poised for major breakouts. Three quantum stocks in particular stand out right now: Quantum Computing Inc., D-WAVE QUANTUM and IonQ. Each is benefiting from strong price momentum and rising earnings estimates, key ingredients for breakout potential. On top of that, all three are forming bullish technical patterns that suggest the possibility of another major run in the near term. D-WAVE QUANTUM has emerged as a clear leader in the quantum computing space, with its stock gaining more than 1,000% since last fall. The company specializes in quantum annealing, a unique approach to quantum computing that is already being applied to real-world optimization problems in logistics, manufacturing, and AI. Currently holding a Zacks Rank #2 (Buy), D-Wave is benefiting from a wave of bullish sentiment, as analysts have unanimously raised earnings estimates. While the company remains unprofitable, its top-line growth trajectory is impressive, as sales are expected to surge 183% this year, followed by another 62% increase in 2026. From a technical perspective, QBTS is forming a bullish descending wedge pattern—a setup often associated with strong breakout potential. If the stock can break through resistance at the $14.70 level, it could trigger another explosive move to the upside, reinforcing its position as the momentum leader in the quantum space. Quantum Computing Inc. has emerged as one of the stronger performers in the quantum computing sector over the past three months, signaling growing investor interest and building momentum. The company focuses on delivering affordable and accessible quantum solutions via its full-stack quantum platform, aiming to bridge the gap between quantum and classical computing. While QUBT currently holds a Zacks Rank #3 (Hold) due to a lack of earnings estimate revisions in the past two months, the revenue outlook remains highly encouraging. Though still unprofitable, the company is expected to grow sales by 34% this year and an impressive 200% in 2026, suggesting a potential inflection point in its growth trajectory. On the technical front, the stock is forming a tightening bullish flag pattern. If QUBT can break above key resistance at the $18.15 level, it could spark another strong rally and continue its recent streak of relative outperformance in the sector. IonQ is one of the most well-known names in quantum computing, distinguished by its trapped-ion quantum technology and growing commercial traction. The company has secured strategic partnerships with tech giants like Microsoft Azure and Amazon Web Services, which are integrating IonQ's quantum capabilities into their cloud platforms. These collaborations not only validate IonQ's technology but also provide scalable pathways for adoption. The stock currently holds a Zacks Rank #2 (Buy), supported by substantial upward revisions to its earnings outlook. Analysts have raised earnings estimates by 43% for the current year and 28% for 2026, clear signs of improving sentiment. Though IonQ remains unprofitable, its top-line growth is robust, with revenue expected to climb 97% this year and 57% next year. From a technical standpoint, IONQ is forming a compressing bull flag pattern, a standard bullish continuation setup. If the stock can break above key resistance at $41.60, it should trigger a move toward new all-time highs, fueled by both momentum and the strength of its big-tech partnerships. Quantum computing may still be in the early stages of commercialization, but investor enthusiasm is building fast, and with good reason. Technical progress is accelerating, enterprise adoption is growing, and Wall Street is beginning to recognize the long-term potential of the companies leading the charge. Among the emerging players, D-WAVE QUNATUM, IonQ, and Quantum Computing Inc. each offer a unique angle on the quantum revolution, backed by impressive revenue growth forecasts, rising analyst sentiment, and powerful chart setups. While these stocks remain volatile and speculative, they are showing all the technical and fundamental traits of breakout candidates. For investors willing to take on higher risk in pursuit of disruptive upside, these three quantum stocks are worth a close look as momentum continues to build in 2025. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report IonQ, Inc. (IONQ) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
4 days ago
- Business
- Yahoo
D-Wave's Advantage2 Gains Traction: More Upside Ahead for QBTS Stock?
D-Wave Quantum's QBTS standout growth catalyst this quarter is the successful launch and commercial deployment of its next-generation Advantage2 quantum annealer. In the last-reported quarter, the company posted 509% year-over-year growth in revenues, driven mainly by the first Advantage2 sale to the Julich Supercomputing Center. Now generally available via D-Wave Quantum's Leap cloud, it's gaining traction in real-world applications, from U.S. defense to AI-driven drug discovery. Shares of D-Wave Quantum have soared 67.4% over the past three months, largely outperforming the broader industry, sector and the benchmark. Image Source: Zacks Investment Research Commercialization of the Advantage2 Quantum System A major driver of D-Wave Quantum's record first-quarter 2025 performance is the rapid commercialization of its next-gen Advantage2 quantum system. Featuring over 4,400 qubits, the platform delivers significant performance gains, 2x coherence time, 40% higher energy scale, and enhanced qubit connectivity, enabling more complex real-world optimization in AI, logistics, finance and materials science. The system's first commercial sale to Julich Supercomputing Center contributed heavily to the first quarter in revenues. A second deployment is underway at Davidson Technologies for U.S. defense applications, highlighting Advantage2's expanding relevance in government sectors. Following its general availability in May 2025 via the Leap cloud, D-Wave introduced new hybrid solvers for both continuous and integer variables, broadening the scope of use cases to include budgeting, scheduling and resource optimization. Beyond hardware, D-Wave also launched a quantum AI toolkit integrated with PyTorch, positioning Advantage2 as a platform for innovation in machine learning. IonQ IONQ: It is rapidly scaling up through major moves, including its $1.075 billion acquisition of Oxford Ionics to accelerate fault-tolerant quantum development. It also launched a quantum networking hub via a $22 million Forte Enterprise deal with EPB and acquired Lightsynq and Capella Space to support its quantum internet vision. On the application side, IonQ partnered with AstraZeneca, AWS and NVIDIA NVDA to achieve a 20× speedup in simulating a pharmaceutical reaction, showcasing growing real-world impact. Rigetti Computing RGTI: It has emphasized improvements in qubit fidelity and error mitigation, partnered with government entities for testing and calibration of its superconducting processors, and is reportedly advancing its roadmap toward hybrid quantum-classical cloud services. Although not yet celebrated through headline-making releases, Rigetti is positioning itself as a 'complete-stack' provider, integrating software infrastructure like its Quil programming framework and Forest SDK to support developer adoption alongside its next-gen hardware. The Zacks Consensus Estimate for QBTS' 2025 earnings implies a 72% improvement over 2024. Image Source: Zacks Investment Research D-Wave Quantum currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Associated Press
20-06-2025
- Business
- Associated Press
IBN Coverage: D-Wave Quantum (NYSE: QBTS) Signs MOU to Advance Quantum Computing in South Korea
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - June 20, 2025 ( NEWMEDIAWIRE ) - D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, announced that it has signed a memorandum of understanding (MOU) with Yonsei University and Incheon Metropolitan City aimed at accelerating quantum computing adoption in South Korea. Supporting the region's ambition to become a global quantum technology hub, the MOU outlines plans to work together on research, talent development, and use case exploration across biotechnology, materials science and other sectors. The MOU also facilitates the organizations' collaborative efforts towards the acquisition of a D-Wave Advantage2 quantum system at the Yonsei University International Campus in Songdo, Yeonsu-gu, Incheon. To view the full press release, visit About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world's largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law. NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: The latest news and updates relating to QBTS are available in the company's newsroom at Forward Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBN Los Angeles, California 310.299.1717 Office [email protected]
Yahoo
16-06-2025
- Business
- Yahoo
Jim Cramer Notes IONQ is Loved by Young Investors
IonQ, Inc. (NYSE:IONQ) is one of the 18 stocks Jim Cramer recently shared insights on. During the episode, Cramer mentioned the company with other quantum computing stocks, and here is what he said: 'Finally, we've got the ones that I find as most controversial, quantum computer plays. These stocks are insanely popular among young people, trading tens of millions of shares today. IONQ, D-Wave Quantum, Rigetti Computing, Quantum Computing, they're incredibly popular. IONQ traded 30 million shares today, D-Wave Quantum traded 60 million shares today, Rigetti 61 million shares, Quantum Computing, 65 million shares. That is insane. Not the volume, but the fact that there's so much demand for these stocks, yet most of the media and the financial industry pretend they don't exist. A quantum computer on a countertop in an engineering laboratory with a technician at work. IonQ (NYSE:IONQ) builds quantum computing systems and provides access to them through major cloud platforms and its own services. The company also develops quantum-safe networking solutions, specialized hardware, and offers support and consulting for quantum algorithm development. While we acknowledge the potential of IONQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
