D-Wave Quantum stock rockets over 10% after Wedbush slaps an “outperform” rating and $40 price target, betting on its quantum progress—not profits. The bank sees D-Wave’s long-term potential: government grants, future customers, and revenue tripling to $42M this year. But losses will persist through 2030; with $588M in cash, the company’s runway is secure. This is a marathon, not a sprint—patience required for quantum’s next big leap.
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