Rosenblatt Lifts PT on D-Wave Quantum (QBTS) Stock

D-Wave Quantum Inc. (NYSE:QBTS) is 1 of the Best Quantum Computing Stocks to Buy for 2026. On January 8, Rosenblatt lifted its terms nonsubjective connected the company’s banal to $43 from $40, portion keeping a “Buy” rating, arsenic reported by The Fly. According to the analyst, D-Wave Quantum Inc. (NYSE: QBTS) delivered 2 large positives, including a $550 cardinal acquisition and a method breakthrough.

As per the firm, the institution has importantly strengthened its semipermanent presumption by demonstrating on-chip cryogenic control. Furthermore, it added that the Quantum Circuits woody results successful superior mistake correction capabilities.

Notably, connected January 7, D-Wave Quantum Inc. (NYSE:QBTS) and Quantum Circuits Inc. announced a merger agreement. Under this agreement, D-Wave Quantum Inc. (NYSE:QBTS) would get Quantum Circuits for a acquisition terms of $550 million. This volition dwell of $300 cardinal successful D-Wave communal banal and $250 cardinal successful cash.

This acquisition is expected to bring unneurotic D-Wave Quantum Inc. (NYSE:QBTS)’s beardown expertise successful scalable power of superconducting processors and its production-grade, high-availability quantum unreality level with Quantum Circuits’ starring attack to error-corrected superconducting gate-model technology.

D-Wave Quantum Inc. (NYSE:QBTS) develops and delivers quantum computing systems, software, and services.

While we admit the imaginable of QBTS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.