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 -65.16% downside from QBTS’s last price of $5.74) 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 -65.16% downside from QBTS's last price of $5.74.
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% | -65.16% |
| Apr 08, 2024 | Quinn Bolton | Needham | $2.50 | $1.88 | 32.98% | -56.45% |
| Apr 01, 2024 | Richard Shannon | Craig-Hallum | $2.50 | $1.94 | 28.86% | -56.45% |
| Aug 15, 2023 | David Williams | Williams Trading | $4.00 | $1.48 | 170.27% | -30.31% |
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 -65.16% decrease from QBTS last price ($5.74).
D-Wave Quantum Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $2.33 |
| Last Closing Price | $5.74 | $5.74 | $5.74 |
| Upside/Downside | -100.00% | -100.00% | -59.41% |
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 $5.74. 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 |
|---|---|---|---|---|
| Jan 14, 2025 | B. Riley | Buy | Buy | Hold |
| Jul 24, 2024 | B. Riley | Buy | Initialise | |
| May 14, 2024 | Needham | Buy | Buy | Hold |
| May 14, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 14, 2024 | Benchmark | Buy | Buy | 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 Jan 14, 2025. The company gave QBTS a "Buy" rating, the same as its previous rate.
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 | $11.61M | $8.10M | $6.58M | $5.40M | $5.35M | $5.48M | $3.08M | $2.54M | $2.22M | $2.56M | $2.82M | $3.01M | $4.69M | $2.89M | $2.02M | $2.35M | $2.69M | $2.00M | $2.40M |
| High Forecast | $12.97M | $9.05M | $7.35M | $6.03M | $5.98M | $6.12M | $3.45M | $2.77M | $2.38M | $2.67M | $2.82M | $3.01M | $4.92M | $3.23M | $2.26M | $2.63M | $2.96M | $2.00M | $2.40M |
| Low Forecast | $10.11M | $7.06M | $5.73M | $4.71M | $4.67M | $4.78M | $2.69M | $2.33M | $2.00M | $2.45M | $2.82M | $3.01M | $4.45M | $2.52M | $1.76M | $2.05M | $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 | $-11.61M | $-8.10M | $-6.58M | $-5.40M | $-5.35M | $-5.48M | $-3.08M | $-2.54M | $-2.22M | $-2.56M | $-2.82M | $-3.01M | $-4.69M | $-2.89M | $-2.02M | $-2.35M | $-2.69M | $-2.00M | $-2.40M |
| High Forecast | $-10.11M | $-7.06M | $-5.73M | $-4.71M | $-4.67M | $-4.78M | $-2.69M | $-2.33M | $-2.00M | $-2.45M | $-2.82M | $-3.01M | $-4.45M | $-2.52M | $-1.76M | $-2.05M | $-2.34M | $-2.00M | $-2.40M |
| Low Forecast | $-12.97M | $-9.05M | $-7.35M | $-6.03M | $-5.98M | $-6.12M | $-3.45M | $-2.77M | $-2.38M | $-2.67M | $-2.82M | $-3.01M | $-4.92M | $-3.23M | $-2.26M | $-2.63M | $-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 | $-9.58M | $-11.09M | $-10.58M | $-10.08M | $-11.29M | $-10.89M | $-11.29M | $-12.50M | $-12.90M | $-15.45M | $-15.82M | $-15.12M | $-16.93M | $-25.80M | $-26.71M | $-21.67M | $-26.88M | $-21.52M | $-22.38M |
| High Forecast | $-7.98M | $-9.24M | $-8.82M | $-8.40M | $-9.40M | $-9.07M | $-9.40M | $-9.72M | $-10.03M | $-12.87M | $-13.18M | $-12.59M | $-14.11M | $-21.49M | $-22.25M | $-18.05M | $-22.30M | $-21.52M | $-22.38M |
| Low Forecast | $-11.03M | $-12.78M | $-12.20M | $-11.62M | $-13.01M | $-12.55M | $-13.01M | $-15.28M | $-14.33M | $-17.81M | $-18.24M | $-17.42M | $-19.51M | $-29.74M | $-30.78M | $-24.97M | $-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 | $45.41M | $31.68M | $25.73M | $21.13M | $20.94M | $21.44M | $12.07M | $9.95M | $8.70M | $10.02M | $11.02M | $11.76M | $18.36M | $11.32M | $7.92M | $9.20M | $10.54M | $7.82M | $9.39M |
| High Forecast | $50.73M | $35.39M | $28.74M | $23.61M | $23.40M | $23.96M | $13.48M | $10.85M | $9.32M | $10.45M | $11.02M | $11.76M | $19.27M | $12.65M | $8.85M | $10.27M | $11.60M | $7.82M | $9.39M |
| Low Forecast | $39.57M | $27.61M | $22.42M | $18.41M | $18.25M | $18.69M | $10.52M | $9.12M | $7.81M | $9.59M | $11.02M | $11.76M | $17.41M | $9.86M | $6.91M | $8.01M | $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 | $-0.05 | $-0.05 | $-0.06 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-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 | $-0.04 | $-0.04 | $-0.05 | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.07 | $-0.06 | $-0.07 | $-0.11 | $-0.11 | $-0.09 | $-0.11 | $-0.13 | $-0.13 |
| Low Forecast | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.08 | $-0.07 | $-0.09 | $-0.09 | $-0.09 | $-0.10 | $-0.15 | $-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 | $2.22 | $5.25 | 136.49% | Hold |
| SMCI | Super Micro Computer | $28.18 | $52.21 | 85.27% | Buy |
| SSYS | Stratasys | $9.68 | $11.00 | 13.64% | Buy |
| CRCT | Cricut | $5.53 | $5.75 | 3.98% | Hold |
| IONQ | IonQ | $38.86 | $20.00 | -48.53% | Buy |
| QBTS | D-Wave Quantum | $5.74 | $2.00 | -65.16% | Buy |
| QMCO | Quantum | $25.00 | $7.50 | -70.00% | Hold |
| RGTI | Rigetti Computing | $13.08 | $2.00 | -84.71% | Buy |