Mar. 23 at 3:45 AM
$QBTS Cantor Fitzgerald analyst Troy Jensen has a
$40 PT on D-Wave and believes D-Wave could capture 20% of the quantum computing market by 2035
McKinsey estimates the global quantum market could reach
$1 Trillion or more long-term
Capturing 20% of a
$1 Trillion market equals about
$200B in revs
$100B+ revenue tech companies sport
$1 Trillion plus market caps
D-Wave's(QBTS) market cap is currently only......
$5.82B !
In summary, D-Wave's upside potential is enormous, given their dual platform and scalability advantage over the competition.