D-Wave Quantum (QBTS) Gets Bullish Reco, Jumps 13.78%

We recently published Wall Street Shockers: 10 Stocks on Sky High. D-Wave Quantum Inc. (NYSE:QBTS) is one of the top-performing companies on Thursday.

D-Wave Quantum rallied for a fourth straight day on Thursday, jumping 13.78 percent to close at $19.24 apiece as investors gobbled up shares following an analyst’s recommendation to own its shares.

In the latest episode of the Mad Money show, host and former hedge fund manager Jim Cramer advised a caller to own shares in D-Wave Quantum Inc. (NYSE:QBTS).

“[In just] one headline, one little story, that stock goes up 10 more points…and D-Wave has the ability to do that because it is actually a real company,” he said.

In other news, D-Wave Quantum Inc. (NYSE:QBTS) is expected to announce the results of its second quarter earnings in the second week of August 2025.

D-Wave Quantum Inc. (NYSE:QBTS) recently earned an “outperform” rating from Cantor Fitzgerald with a price target of $20, saying that quantum computing is “one of the most highly coveted technical milestones with significant economical implications.”

While we acknowledge the potential of QBTS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.