Episode Details

D-Wave’s stock surges after Mizuho analyst Vijay Rakesh upgrades his target to $35, citing leadership in annealing tech and ambitious roadmap to 2032, despite a rough Q1 revenue dip blamed on a one-time prior-year sale — with bookings up 2,000%, growing backlog, and healthy cash reserves fueling investor optimism as the company eyes delivery of its new 17-qubit system and long-term qubit milestones.

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