QBTS: D-Wave Quantum Stock Soars as Asia-Pacific Bookings Explode 83%
Sep 18 - D-Wave Quantum 
QBTS climbed about 18% during Wednesday's regular session and gained another 2.5% in early Thursday trading, as investors reacted to easier Fed policy and stronger regional demand for the company's systems.
The broader move stems partly from the Fed's latest 25-basis-point cut, which eased short-term borrowing costs and lifted sentiment across the tech and quantum sectors.
At its Qubits Japan 2025 conference in Tokyo, D-Wave highlighted rapid growth across the Asia-Pacific region. The company says bookings in that area rose 83% year over year, a sign its sales momentum there is improving.
Executives pointed to concrete customer outcomes to back the numbers. D-Wave cited a quantum AI drug discovery pilot with Japan Tobacco and a network optimization project with NTT DOCOMO that cut mobile congestion by roughly 15% in trials, results the firm calls encouraging for commercial adoption.
On the market front, QBTS has climbed substantially over the past year from a sub-$1 low in October 2024 to recent levels, with heavy trading volume accompanying recent sessions.
Is QBTS Stock a Buy?
Based on the one year price targets offered by 10 analysts, the average target price for D-Wave Quantum Inc is $22.20 with a high estimate of $30.00 and a low estimate of $20.00. The average target implies a downside of -1.51% from the current price of $22.54.