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MarketBeat
MarketBeat
Business
Nathan Reiff

D-Wave Buying Spree: Will These Firms Be Potential Targets?

Investors shrugged after quantum computing firm D-Wave Quantum Inc. (NYSE: QBTS) provided mixed results in its latest earnings report in August 2025. Still, despite dipping by 12% in the last month, shares of the popular tech name are up 72% year-to-date (YTD). Some positive sentiment may be due to investors digging deeper beyond the company's ongoing pursuit of consistent profitability for other signs of success. 

A standout figure from the latest earnings report—a record $819 million in cash reserves at the end of the quarter—points to significant potential for D-Wave to engage in additional share repurchases or, perhaps even better, a buying spree.

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