Anticipation Grows for D-Wave Quantum as Analysts Embrace Growth Forecasts Ahead of 2025 Results

D-Wave Quantum is pressing ahead with its growth agenda as investors await its latest financials. A day after a fresh Buy rating from TD Cowen, the company has slated the disclosure of its fourth-quarter figures and full-year 2025 results for a morning release before trading begins. On Thursday, February 26, 2026, D-Wave’s leadership—CEO Dr. Alan Baratz and CFO John Markovich—will outline the quarterly and annual numbers and offer guidance on the next steps for the business.

Analysts have started the year on a constructive note. TD Cowen kicked off coverage on February 12 with a Buy rating, underscoring D-Wave’s leadership in quantum-annealing technology as a key driver of growth. The brokerages’ sector view pins potential in system sales and cloud-based offerings, supported by a balance sheet deemed solid enough to fund ongoing activities and future investments.

The company is navigating a period of concrete operational advancement. D-Wave has reported a meaningful uptick in the utilization of its Advantage2 systems and has secured a multi-year contract with a Fortune-100 firm to co-develop quantum-enabled applications. In parallel, D-Wave announced an acquisition targeting Quantum Circuits, Inc., a move designed to broaden its capabilities in gate-model technology and to diversify its technology portfolio.

All eyes now turn to the February 26 earnings release. Management will be watched to determine whether the recent expansion initiatives and the new partnerships have begun to translate into stronger revenue momentum.

@ boerse-global.de | US26740W1099 ANTICIPATION