Mizuho Raises PT On D-Wave Quantum (QBTS) To $35, Maintains “Outperform” Rating
Key takeaways
- Mizuho Raises PT On D-Wave Quantum (QBTS) To $35, Maintains “Outperform” Rating Faheem Tahir Sun, June 21, 2026 at 2:04 AM GMT+7 2 min read QBTS D-Wave Quantum Inc.
- Yet even as billionaires trimmed their stakes through the first quarter, Wall Street firms have been moving in the opposite direction, raising price targets and reiterating bullish ratings following D-Wave Quantum Inc.
- On June 15, 2026, Mizuho analyst Vijay Rakesh raised his price target on D-Wave Quantum Inc.
Mizuho Raises PT On D-Wave Quantum (QBTS) To $35, Maintains “Outperform” Rating Faheem Tahir Sun, June 21, 2026 at 2:04 AM GMT+7 2 min read QBTS D-Wave Quantum Inc. (NYSE:QBTS) is among the tech stocks to sell according to billionaires, with billionaire holdings falling from approximately $95.53 million in Q4 2025 to $39.67 million in Q1 2026, a decline of about $55.86 million.
Yet even as billionaires trimmed their stakes through the first quarter, Wall Street firms have been moving in the opposite direction, raising price targets and reiterating bullish ratings following D-Wave Quantum Inc. (NYSE:QBTS)’s first-ever analyst day.
On June 15, 2026, Mizuho analyst Vijay Rakesh raised his price target on D-Wave Quantum Inc. (NYSE:QBTS) to $35 from $29 while maintaining an “Outperform” rating, citing the analyst day presentation. Rakesh told investors that D-Wave extended its gate-based roadmap, targeting 10 logical qubits by 2030 and scaling to 100 by 2032, with prior targets still on track.