We recently compiled a list of the 15 Best Strong Buy Tech Stocks to Invest In. The fifteenth stock on our list of best Strong Buy stocks is D-Wave Quantum Inc.
TheFly reported on January 29 that Canaccord raised its price target on QBTS to $43 from $41 and maintained a Buy rating. The firm cited confidence in QBTS’s continued leadership in quantum annealing and its growing potential in developing error-corrected superconducting gate model systems.
Earlier on January 27, D-Wave Quantum Inc. (NYSE:QBTS) announced a $10 million, two-year enterprise quantum computing as a service agreement with a leading Fortune 100 company. The partnership will focus on developing and deploying multiple quantum-powered applications, marking a key milestone in D-Wave’s enterprise adoption of annealing quantum computing.
D-Wave Quantum Inc. (NYSE:QBTS) is a U.S. quantum computing company that develops and delivers commercial quantum systems, software, and cloud services for real‑world optimization, AI, and research problems, including both annealing and gate‑model technologies.
While we acknowledge the potential of QBTS 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.
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Disclosure: None.
