D-Wave Quantum (QBTS) has recently experienced a significant surge in its stock, rising over 100% in the past week, despite reporting a

D-Wave Quantum (NYSE:QBTS – Free Report) had its target price boosted by B. Riley from $11.00 to $12.00 in a report issued on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

D-Wave is the latest quantum computing company to say it has achieved “quantum supremacy,” better known as the ability to solve a problem with a quantum computer that can’t be done with a traditional computer.

D-Wave Quantum (QBTS) stock rallied nearly 19% on Thursday, as the quantum computing company said that it expects its Q1 2025 revenue to exceed

D-Wave Quantum Inc. said today a peer-reviewed scientific paper proves it has finally passed a critical threshold and achieved “quantum supremacy” — that is, the point at which its quantum computers have finally solved a problem that’s impossible for even the most powerful “classical” computers to do.

D-Wave's claim that its quantum computers can solve problems that would take hundreds of years on classical machines have been undermined by two separate research groups showing that even an ordinary

Quantum computing company D-Wave has claimed to have achieved "quantum supremacy" by solving a "useful, real-world problem" more efficiently with their quantum computer than a traditional one for the first time.