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2025-06-18
12:07
D-Wave Quantum ($QBTS) Price Target Raised to $20 After South Korea Yonsei University MOU: Benchmark Analyst Update

According to Stock Talk (@stocktalkweekly), Benchmark analyst David Wailliams has raised the price target for D-Wave Quantum (QBTS) to $20 from $14, maintaining a Buy rating. The analyst cites D-Wave’s newly signed memorandum of understanding (MOU) with South Korea’s Yonsei University as a key driver for this upgrade, highlighting the potential for expanded research and adoption of quantum computing technology. This partnership is expected to accelerate D-Wave’s commercial opportunities in the Asia-Pacific region, which could positively influence institutional sentiment and trading volumes. As quantum computing advances, further integration with blockchain and crypto solutions may emerge, potentially impacting related digital asset sectors. (Source: Stock Talk, June 18, 2025)

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