D-Wave Quantum (QBTS) Stock Forecast, Price Target & Predictions
QBTS Stock Forecast
D-Wave Quantum stock forecast is as follows: an average price target of $2.00 (represents a -68.94% downside from QBTS’s last price of $6.44) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
QBTS Price Target
The average price target for D-Wave Quantum (QBTS) is $2.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $2.00 to $2.00. This represents a potential -68.94% downside from QBTS's last price of $6.44.
QBTS Analyst Ratings
According to 5 Wall Street analysts, D-Wave Quantum's rating consensus is 'Buy'. The analyst rating breakdown for QBTS stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
D-Wave Quantum Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 13, 2024 | Suji Desilva | Roth Capital | $2.00 | $0.90 | 123.24% | -68.94% |
| Apr 08, 2024 | Quinn Bolton | Needham | $2.50 | $1.88 | 32.98% | -61.18% |
| Apr 01, 2024 | Richard Shannon | Craig-Hallum | $2.50 | $1.94 | 28.86% | -61.18% |
| Aug 15, 2023 | David Williams | Williams Trading | $4.00 | $1.48 | 170.27% | -37.89% |
The latest D-Wave Quantum stock forecast, released on Aug 13, 2024 by Suji Desilva from Roth Capital, set a price target of $2.00, which represents a 123.24% increase from the stock price at the time of the forecast ($0.90), and a -68.94% decrease from QBTS last price ($6.44).
D-Wave Quantum Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $2.33 |
| Last Closing Price | $6.44 | $6.44 | $6.44 |
| Upside/Downside | -100.00% | -100.00% | -63.82% |
In the current month, the average price target of D-Wave Quantum stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to D-Wave Quantum's last price of $6.44. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 24, 2024 | B. Riley | Buy | Initialise | |
| May 14, 2024 | Needham | Buy | Buy | Hold |
| May 14, 2024 | Benchmark | Buy | Buy | Hold |
| May 14, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Apr 08, 2024 | Needham | Buy | Initialise | |
| Apr 02, 2024 | Benchmark | Buy | Buy | Hold |
| Apr 01, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Aug 15, 2023 | Benchmark | Buy | Buy | Hold |
| Feb 21, 2023 | Benchmark | Buy | Buy | Hold |
D-Wave Quantum's last stock rating was published by B. Riley on Jul 24, 2024. The company Initialise its QBTS rating from "null" to "Buy".
D-Wave Quantum Financial Forecast
D-Wave Quantum Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.91M | $2.56M | $1.71M | $1.58M | $2.40M | $1.70M | $1.37M |
| Avg Forecast | $11.08M | $9.19M | $7.29M | $5.77M | $5.98M | $4.41M | $3.47M | $2.89M | $2.51M | $2.56M | $2.82M | $3.01M | $4.69M | $2.89M | $2.02M | $2.35M | $2.69M | $2.00M | $2.40M |
| High Forecast | $12.19M | $10.12M | $8.03M | $6.35M | $6.58M | $4.85M | $3.82M | $3.15M | $2.69M | $2.67M | $2.82M | $3.01M | $4.92M | $3.18M | $2.23M | $2.59M | $2.96M | $2.00M | $2.40M |
| Low Forecast | $9.63M | $7.99M | $6.34M | $5.01M | $5.20M | $3.83M | $3.02M | $2.65M | $2.25M | $2.45M | $2.82M | $3.01M | $4.45M | $2.51M | $1.76M | $2.04M | $2.34M | $2.00M | $2.40M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.89% | 0.84% | 0.67% | 0.89% | 0.85% | 0.57% |
D-Wave Quantum's average Quarter revenue forecast for Mar 24 based on 1 analysts is $3.01M, with a low forecast of $3.01M, and a high forecast of $3.01M. QBTS's average Quarter revenue forecast represents a 3.46% increase compared to the company's last Quarter revenue of $2.91M (Dec 23).
D-Wave Quantum EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-16.54M | $-18.41M | $-20.91M | $-24.25M | $-15.77M | $-13.86M | $-11.45M |
| Avg Forecast | $-11.08M | $-9.19M | $-7.29M | $-5.77M | $-5.98M | $-4.41M | $-3.47M | $-2.89M | $-2.51M | $-2.56M | $-2.82M | $-3.01M | $-4.69M | $-2.89M | $-2.02M | $-2.35M | $-2.69M | $-2.00M | $-2.40M |
| High Forecast | $-9.63M | $-7.99M | $-6.34M | $-5.01M | $-5.20M | $-3.83M | $-3.02M | $-2.65M | $-2.25M | $-2.45M | $-2.82M | $-3.01M | $-4.45M | $-2.51M | $-1.76M | $-2.04M | $-2.34M | $-2.00M | $-2.40M |
| Low Forecast | $-12.19M | $-10.12M | $-8.03M | $-6.35M | $-6.58M | $-4.85M | $-3.82M | $-3.15M | $-2.69M | $-2.67M | $-2.82M | $-3.01M | $-4.92M | $-3.18M | $-2.23M | $-2.59M | $-2.96M | $-2.00M | $-2.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 3.53% | 6.36% | 10.32% | 10.32% | 5.85% | 6.93% | 4.77% |
undefined analysts predict QBTS's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than D-Wave Quantum's previous annual EBITDA (undefined) of $NaN.
D-Wave Quantum Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-16.01M | $-15.83M | $-25.90M | $-24.98M | $-10.09M | $-10.84M | $-14.41M |
| Avg Forecast | $-10.08M | $-11.09M | $-12.10M | $-13.10M | $-13.30M | $-14.92M | $-14.92M | $-15.72M | $-15.72M | $-15.45M | $-15.82M | $-15.12M | $-16.93M | $-25.80M | $-26.71M | $-21.67M | $-26.88M | $-21.52M | $-22.38M |
| High Forecast | $-8.36M | $-9.20M | $-10.04M | $-10.87M | $-11.04M | $-12.38M | $-12.38M | $-12.23M | $-12.23M | $-12.82M | $-13.13M | $-12.54M | $-14.05M | $-21.41M | $-22.16M | $-17.98M | $-22.30M | $-21.52M | $-22.38M |
| Low Forecast | $-11.40M | $-12.54M | $-13.68M | $-14.82M | $-15.04M | $-16.87M | $-16.87M | $-19.22M | $-17.47M | $-17.47M | $-17.89M | $-17.09M | $-19.15M | $-29.18M | $-30.20M | $-24.50M | $-30.39M | $-21.52M | $-22.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.61% | 0.97% | 1.15% | 0.38% | 0.50% | 0.64% |
D-Wave Quantum's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. QBTS's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
D-Wave Quantum SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $10.55M | $10.48M | $12.06M | $14.20M | $11.64M | $9.02M | $5.70M |
| Avg Forecast | $43.34M | $35.97M | $28.53M | $22.56M | $23.40M | $17.25M | $13.59M | $11.30M | $9.81M | $10.02M | $11.02M | $11.76M | $18.36M | $11.32M | $7.92M | $9.20M | $10.54M | $7.82M | $9.39M |
| High Forecast | $47.69M | $39.59M | $31.40M | $24.83M | $25.75M | $18.98M | $14.96M | $12.32M | $10.51M | $10.45M | $11.02M | $11.76M | $19.27M | $12.46M | $8.72M | $10.12M | $11.60M | $7.82M | $9.39M |
| Low Forecast | $37.66M | $31.26M | $24.79M | $19.61M | $20.33M | $14.99M | $11.81M | $10.37M | $8.81M | $9.59M | $11.02M | $11.76M | $17.41M | $9.84M | $6.89M | $7.99M | $9.16M | $7.82M | $9.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.57% | 0.93% | 1.52% | 1.54% | 1.10% | 1.15% | 0.61% |
D-Wave Quantum's average Quarter SG&A projection for Mar 24 is $11.76M, based on 1 Wall Street analysts, with a range of $11.76M to $11.76M. The forecast indicates a 11.47% rise compared to QBTS last annual SG&A of $10.55M (Dec 23).
D-Wave Quantum EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.12 | $-0.20 | $-0.20 | $-0.08 | $-0.09 | $-0.13 |
| Avg Forecast | $-0.05 | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.08 | $-0.08 | $-0.07 | $-0.08 | $-0.13 | $-0.13 | $-0.11 | $-0.13 | $-0.13 | $-0.13 |
| High Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.07 | $-0.06 | $-0.07 | $-0.11 | $-0.11 | $-0.09 | $-0.11 | $-0.13 | $-0.13 |
| Low Forecast | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.07 | $-0.08 | $-0.08 | $-0.10 | $-0.09 | $-0.09 | $-0.09 | $-0.08 | $-0.09 | $-0.14 | $-0.15 | $-0.12 | $-0.15 | $-0.13 | $-0.13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.94% | 1.51% | 1.86% | 0.63% | 0.75% | 1.00% |
According to undefined Wall Street analysts, D-Wave Quantum's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to QBTS previous annual EPS of $NaN (undefined).
D-Wave Quantum Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DM | Desktop Metal | $3.43 | $5.50 | 60.35% | Hold |
| SMCI | Super Micro Computer | $33.80 | $52.21 | 54.47% | Buy |
| SSYS | Stratasys | $9.99 | $12.50 | 25.13% | Buy |
| CRCT | Cricut | $6.38 | $5.75 | -9.87% | Hold |
| IONQ | IonQ | $43.84 | $20.00 | -54.38% | Buy |
| QMCO | Quantum | $23.72 | $7.50 | -68.38% | Hold |
| QBTS | D-Wave Quantum | $8.40 | $2.00 | -76.19% | Buy |
| RGTI | Rigetti Computing | $11.13 | $2.00 | -82.03% | Buy |