D-Wave Quantum Stock Jumps as Mizuho Target Hike Revives QBTS Rally
D-Wave Quantum Inc. shares moved sharply higher after Mizuho analyst Vijay Rakesh raised the firm’s price target on QBTS to $35 from $29 and kept an Outperform rating on the stock. The latest available quote showed D-Wave at $26.26, giving the company a market value of about $9.65 billion. Investopedia reported that the rally also lifted other quantum names, including Quantum Computing Inc., Rigetti Computing and IonQ, showing that investors treated the call as a sector signal rather than a D-Wave-only event.