D-Wave Quantum Secures €10M Deal for Quantum Expansion

Tip Ranks
2025.10.15 13:49
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D-Wave Quantum has secured a €10M deal with Swiss Quantum Technology SA to deploy its Advantage2 quantum computer in Europe, supporting Italy's Q-Alliance initiative for digital transformation. The system, with over 4,400 qubits, will be accessible via D-Wave's Leap quantum cloud service. Despite a Hold rating and a $34 price target for QBTS stock, analysts express concerns over the company's financial performance and valuation risks. D-Wave is a leader in quantum computing, offering both annealing and gate-model systems.

D-Wave Quantum ( (QBTS) ) just unveiled an update.

On October 15, 2025, D-Wave Quantum Inc. announced a €10M agreement with Swiss Quantum Technology SA to deploy a D-Wave Advantage2 annealing quantum computer in Europe. This deployment supports Italy’s Q-Alliance initiative, aiming to bolster the country’s digital transformation with advanced quantum infrastructure. The Advantage2 system, featuring over 4,400 qubits, will be accessible via D-Wave’s Leap quantum cloud service, facilitating quantum applications with improved energy efficiency. This agreement marks a significant milestone for D-Wave in expanding global access to its quantum computing technology, addressing the limitations of traditional computing and supporting the development of quantum applications.

The most recent analyst rating on (QBTS) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on D-Wave Quantum stock, see the QBTS Stock Forecast page.

Spark’s Take on QBTS Stock

According to Spark, TipRanks’ AI Analyst, QBTS is a Neutral.

D-Wave Quantum’s stock score is primarily influenced by its challenging financial performance and high-risk valuation. Positive technical momentum and a strong cash position provide some support, but substantial net losses and operational inefficiencies remain significant concerns.

To see Spark’s full report on QBTS stock, click here.

More about D-Wave Quantum

D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum computing today, offering systems that feature QPUs with sub-second response times and can be accessed through its quantum cloud service.

Average Trading Volume: 51,510,499

Technical Sentiment Signal: Buy

Current Market Cap: $13.89B

For an in-depth examination of QBTS stock, go to TipRanks’ Overview page.