Can D-Wave Quantum (QBTS) Double From Here On? One Analyst Thinks So

D-Wave Quantum (NYSE:QBTS) is one of the 7 Best Quantum Computing Stocks to Invest In According to Analysts. On March 10, Sujeeva De Silva of Roth MKM reiterated his Buy rating on the D-Wave Quantum (NYSE:QBTS) stock and maintained a price target of $30. The price target suggests the stock could more than double from here. This bullish view is supported by the company’s solid cash position of $884.48 million and limited debt of $43.46 million, which together allow funding of operations without the need for financing.

The company’s management reported at the Q4 2025 earnings call last month that during the ongoing quarter, bookings have already exceeded the annual bookings figures for any year in the company’s history. On top of that, the firm expects a much higher revenue growth in the second half of the ongoing year. As a result of this increasing demand, operating expenses are likely to increase 15% QoQ. The increase is also due in part to the launch of the US Government Solutions unit during the previous quarter.

D-Wave Quantum (NYSE:QBTS) makes quantum computing systems along with the accompanying software and services. Its quantum computing systems are called Advantage and Advantage 2, while the suite of open-source tools is called Ocean. It also offers the Leap Quantum cloud service, which allows people to remotely connect to its quantum computers. The company operates in Canada and the United States.

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