Overview
- D‑Wave Quantum drew a Benchmark price‑target hike to $35 with a Buy rating after Q3 bookings of $2.4 million, $3.7 million in revenue, and a post‑quarter €10 million deal to place an Advantage2 system in Europe.
- Quantum Computing Inc. reported Q3 revenue of about $384,000 and net income of $2.4 million driven by a derivative liability mark‑to‑market and interest income, and later raised funds to bring liquid resources to more than $1.5 billion.
- Grok‑curated lists highlighted mixed exposure across IonQ, Rigetti, NVIDIA, Microsoft, and IBM, reflecting investor preference for both pure‑play upside and lower‑risk participation through diversified tech platforms.
- Current targets cited by data providers include IonQ at a Moderate Buy with a $76.11 average target, Rigetti at $40.50, NVIDIA at $254.80, and Microsoft with a Strong Buy consensus and a $628.03 target.
- Sector screens referenced a quantum market outlook of roughly $7.3 billion by 2030 and noted technical differentiation—such as IonQ’s trapped‑ion systems versus superconducting and annealing approaches—alongside ongoing commercialization hurdles.