Overview
- Analysts are sharply bullish on D‑Wave, citing a reported 2,000% year‑over‑year jump in quarterly bookings and a recent Mizuho price‑target raise that followed the company’s Analyst Day.
- Lake Street reiterated a Buy on Quantum Computing after the firm closed its NHanced Semiconductors acquisition and earlier Luminar deal, which analysts say deepens photonics manufacturing and advanced‑packaging capacity to speed a move toward scaled production.
- Quantinuum’s June IPO raised $1.68 billion and Craig‑Hallum started coverage with a Buy and a $100 price target, highlighting the company’s integrated hardware and software stack and a path to breakeven by the end of the decade.
- Coverage ties the rally to visible roadmaps, margin targets and deal activity but repeatedly warns that converting bookings, R&D milestones and new assets into steady revenue and profitable systems is the decisive next step.
- If execution holds, analysts say the sector’s re‑rating could spur more manufacturing deals and follow‑on investment; if it falters, investor expectations for fast commercialization and high margins will face immediate scrutiny.