D-Wave Quantum's AI/ML Commercialization Strategy Wins Analyst Conviction; Expects Continued Momentum


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Benchmark analyst David Williams maintained a Buy on D-Wave Quantum Inc (NYSE:QBTSwith a $4 price target.
  • Continuing to expand on its rich product and services, D-Wave shared plans to build a feature selection to optimize model training and prediction for AI/ML applications using the quantum hybrid approach
  • The feature selection offerings will be available across D-Wave's hybrid solvers and professional services aimed at improving efficiency with a "one-shot" solution vs. an iterative approach of classical alternatives. 
  • On the business front, the company disclosed raising additional liquidity of ~$20 million since the end of October through the $150 million equity line of credit (ELOC) agreement established with Lincoln Park. 
  • The balance sheet ended the prior quarter with $13.8 million of cash. 
  • Williams remains convinced in the company's commercialization strategy, which delivers results, evidenced by the pipeline of 63+ business customers and 34,000 developers worldwide. 
  • With the consistent performance improvements coupled with an expanding suite of complimentary compilers, hybrid solvers, and easy access to D-Wave's compute resources, the analyst expects momentum will continue to accelerate.
  • Williams remains encouraged by the innovative product introductions and continued advancement of LEAP access, which has expanded to 39 countries, including Israel, the latest addition. 
  • The company also announced initiatives to improve its production and commercial readiness efforts by adopting compliance standards to ensure customer data integrity.
  • The analyst's valuation multiple is in-line with higher-quality quantum peers. 
  • If the quantum computing market continues to evolve as predicted and D-Wave's technology roadmap and demand for optimization problems play out as expected, the analyst sees shares deserving of at least an in-line peer group average multiple over time.
  • Price Action: QBTS shares traded lower by 3.40% at $0.9087 on the last check Tuesday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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