---
title: "D-Wave Quantum (QBTS) Stock Gets Wall Street Boost as Top Analyst Sees 33% Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288553338.md"
description: "D-Wave Quantum (QBTS) received a Wall Street boost after its Investor Day, with B. Riley Securities analyst Craig Ellis raising the price target to $40 from $36, implying a 33% upside while maintaining a Buy rating. The upgrade cites encouraging commercial takeaways and recent stock appreciation."
datetime: "2026-06-03T09:42:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288553338.md)
  - [en](https://longbridge.com/en/news/288553338.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288553338.md)
generator: "portal-rs"
---

# D-Wave Quantum (QBTS) Stock Gets Wall Street Boost as Top Analyst Sees 33% Upside

D-Wave Quantum Inc. (QBTS), a quantum computing company developing both annealing and gate-model quantum systems, is getting a fresh Wall Street boost after hosting its first Investor Day at the New York Stock Exchange on Monday, June 1.

### Claim 55% Off TipRanks

QBTX: an alternative to margin or options on QBTS

B. Riley Securities' top analyst, Craig Ellis, raised its price target on D-Wave to $40 from $36 and kept a Buy rating on the stock, implying about 33% upside. The firm pointed to "encouraging commercial takeaways" from the event and the stock's recent appreciation as reasons for the higher target.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**