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 $3.00 (represents a 130.77% upside from QBTS’s last price of $1.30) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
QBTS Price Target
The average price target for D-Wave Quantum (QBTS) is $3.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $2.50. This represents a potential 130.77% upside from QBTS's last price of $1.30.
QBTS Analyst Ratings
According to 3 Wall Street analysts, D-Wave Quantum's rating consensus is 'Buy'. The analyst rating breakdown for QBTS stock is 0 'Strong Buy' (0.00%), 3 '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 |
|---|---|---|---|---|---|---|
| Apr 08, 2024 | Quinn Bolton | Needham | $2.50 | $1.88 | 32.98% | 92.31% |
| Apr 01, 2024 | Richard Shannon | Craig-Hallum | $2.50 | $1.94 | 28.86% | 92.31% |
| Aug 15, 2023 | David Williams | Williams Trading | $4.00 | $1.48 | 170.27% | 207.69% |
The latest D-Wave Quantum stock forecast, released on Apr 08, 2024 by Quinn Bolton from Needham, set a price target of $2.50, which represents a 32.98% increase from the stock price at the time of the forecast ($1.88), and a 92.31% increase from QBTS last price ($1.30).
D-Wave Quantum Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $2.50 | $3.00 |
| Last Closing Price | $1.30 | $1.30 | $1.30 |
| Upside/Downside | -100.00% | 92.31% | 130.77% |
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 $1.30. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Needham on Apr 08, 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 | $14.00M | $11.50M | $9.50M | $7.50M | $11.51M | $8.48M | $6.90M | $5.67M | $4.94M | $4.10M | $3.48M | $3.01M | $4.69M | $2.89M | $2.02M | $2.35M | $2.69M | $2.00M | $2.40M |
| High Forecast | $17.25M | $14.17M | $11.70M | $9.24M | $14.18M | $10.45M | $8.50M | $6.98M | $6.08M | $5.05M | $4.38M | $3.83M | $4.92M | $3.03M | $2.49M | $2.90M | $3.32M | $2.46M | $2.96M |
| Low Forecast | $11.36M | $9.33M | $7.71M | $6.09M | $9.34M | $6.89M | $5.60M | $4.60M | $4.01M | $3.33M | $2.58M | $2.19M | $4.45M | $2.75M | $1.64M | $1.91M | $2.19M | $1.62M | $1.95M |
| # Analysts | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 2 | 2 | 3 | 2 | 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 2 analysts is $3.01M, with a low forecast of $2.19M, and a high forecast of $3.83M. 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 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 2 | 2 | 3 | 2 | 1 | 1 | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-16.54M | $-18.41M | $-20.91M | $-24.25M | $-15.77M | $-13.86M | $-11.45M |
| Avg Forecast | $-14.00M | $-11.50M | $-9.50M | $-7.50M | $-11.51M | $-8.48M | $-6.90M | $-5.67M | $-4.94M | $-4.10M | $-3.48M | $-3.01M | $-4.69M | $-2.89M | $-2.02M | $-2.35M | $-2.69M | $-2.00M | $-2.40M |
| High Forecast | $-11.36M | $-9.33M | $-7.71M | $-6.09M | $-9.34M | $-6.89M | $-5.60M | $-4.60M | $-4.01M | $-3.33M | $-2.58M | $-2.19M | $-4.45M | $-2.75M | $-1.64M | $-1.91M | $-2.19M | $-1.62M | $-1.95M |
| Low Forecast | $-17.25M | $-14.17M | $-11.70M | $-9.24M | $-14.18M | $-10.45M | $-8.50M | $-6.98M | $-6.08M | $-5.05M | $-4.38M | $-3.83M | $-4.92M | $-3.03M | $-2.49M | $-2.90M | $-3.32M | $-2.46M | $-2.96M |
| 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 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 2 | 2 | 3 | 2 | 1 | 1 | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-16.01M | $-15.83M | $-25.90M | $-24.98M | $-10.09M | $-10.84M | $-14.41M |
| Avg Forecast | $-6.35M | $-7.94M | $-7.94M | $-9.53M | $-11.44M | $-13.03M | $-13.03M | $-13.03M | $-13.50M | $-12.71M | $-12.18M | $-11.92M | $-13.35M | $-20.34M | $-21.05M | $-17.08M | $-21.18M | $-19.86M | $-20.65M |
| High Forecast | $-4.80M | $-6.00M | $-6.00M | $-7.20M | $-8.64M | $-9.84M | $-9.84M | $-9.84M | $-10.20M | $-9.60M | $-9.20M | $-9.00M | $-10.08M | $-15.35M | $-15.89M | $-12.90M | $-15.99M | $-14.99M | $-15.59M |
| Low Forecast | $-8.27M | $-10.34M | $-10.34M | $-12.41M | $-14.89M | $-16.95M | $-16.95M | $-16.95M | $-17.57M | $-16.54M | $-15.85M | $-15.51M | $-17.37M | $-26.47M | $-27.40M | $-22.23M | $-27.57M | $-25.84M | $-26.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 0.78% | 1.23% | 1.46% | 0.48% | 0.55% | 0.70% |
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 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 2 | 2 | 3 | 2 | 1 | 1 | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $10.55M | $10.48M | $12.06M | $14.20M | $11.64M | $9.02M | $5.70M |
| Avg Forecast | $54.78M | $44.99M | $37.17M | $29.34M | $45.04M | $33.19M | $26.99M | $22.17M | $19.32M | $16.05M | $13.62M | $11.76M | $18.36M | $11.32M | $7.92M | $9.20M | $10.54M | $7.82M | $9.39M |
| High Forecast | $67.48M | $55.43M | $45.79M | $36.15M | $55.49M | $40.89M | $33.25M | $27.31M | $23.80M | $19.78M | $17.13M | $14.97M | $19.27M | $11.84M | $9.76M | $11.33M | $12.98M | $9.63M | $11.57M |
| Low Forecast | $44.46M | $36.52M | $30.17M | $23.82M | $36.56M | $26.94M | $21.91M | $17.99M | $15.68M | $13.03M | $10.08M | $8.55M | $17.41M | $10.76M | $6.43M | $7.46M | $8.55M | $6.35M | $7.62M |
| 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 2 Wall Street analysts, with a range of $8.55M to $14.97M. 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 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 2 | 2 | 3 | 2 | 1 | 1 | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.00 | $-0.12 | $-0.20 | $-0.20 | $-0.08 | $-0.09 | $-0.13 |
| Avg Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.06 | $-0.07 | $-0.08 | $-0.08 | $-0.08 | $-0.09 | $-0.08 | $-0.08 | $-0.07 | $-0.08 | $-0.13 | $-0.13 | $-0.11 | $-0.13 | $-0.13 | $-0.13 |
| High Forecast | $-0.03 | $-0.04 | $-0.04 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.06 | $-0.10 | $-0.10 | $-0.08 | $-0.10 | $-0.09 | $-0.10 |
| Low Forecast | $-0.05 | $-0.07 | $-0.07 | $-0.08 | $-0.09 | $-0.11 | $-0.11 | $-0.11 | $-0.11 | $-0.10 | $-0.10 | $-0.10 | $-0.11 | $-0.17 | $-0.17 | $-0.14 | $-0.17 | $-0.16 | $-0.17 |
| 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 |
|---|---|---|---|---|---|
| STRC | Palladyne AI | $2.46 | $252.00 | 10143.90% | Buy |
| DM | Desktop Metal | $0.64 | $5.00 | 681.25% | Hold |
| RGTI | Rigetti Computing | $1.16 | $4.00 | 244.83% | Buy |
| QBTS | D-Wave Quantum | $1.30 | $3.00 | 130.77% | Buy |
| QMCO | Quantum | $0.55 | $1.00 | 81.82% | Hold |
| CRCT | Cricut | $7.05 | $9.50 | 34.75% | Sell |
| IONQ | IonQ | $8.71 | $11.33 | 30.08% | Buy |
| SMCI | Super Micro Computer | $798.50 | $901.43 | 12.89% | Buy |
QBTS Forecast FAQ
Is D-Wave Quantum a good buy?
Yes, according to 3 Wall Street analysts, D-Wave Quantum (QBTS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of QBTS's total ratings.
What is QBTS's price target?
D-Wave Quantum (QBTS) average price target is $3 with a range of $2.5 to $4, implying a 130.77% from its last price of $1.3. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will D-Wave Quantum stock go up soon?
According to Wall Street analysts' prediction for QBTS stock, the company can go up by 130.77% (from the last price of $1.3 to the average price target of $3), up by 207.69% based on the highest stock price target, and up by 92.31% based on the lowest stock price target.
Can D-Wave Quantum stock reach $2?
QBTS's average twelve months analyst stock price target of $3 supports the claim that D-Wave Quantum can reach $2 in the near future.
What are D-Wave Quantum's analysts' financial forecasts?
D-Wave Quantum's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $32.56M (high $40.11M, low $26.43M), average EBITDA is $-32.56M (high $-26.426M, low $-40.11M), average net income is $-50.52M (high $-38.147M, low $-65.75M), average SG&A $127.39M (high $156.93M, low $103.39M), and average EPS is $-0.318 (high $-0.24, low $-0.414). QBTS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $42.5M (high $52.36M, low $34.49M), average EBITDA is $-42.5M (high $-34.493M, low $-52.355M), average net income is $-31.774M (high $-23.992M, low $-41.352M), average SG&A $166.28M (high $204.84M, low $134.95M), and average EPS is $-0.2 (high $-0.151, low $-0.26).
Did the QBTS's actual financial results beat the analysts' financial forecasts?
Based on D-Wave Quantum's last annual report (Dec 2023), the company's revenue was $8.76M, which missed the average analysts forecast of $11.96M by -26.78%. Apple's EBITDA was $-80.546M, beating the average prediction of $-11.961M by 573.42%. The company's net income was $-82.715M, beating the average estimation of $-71.809M by 15.19%. Apple's SG&A was $47.29M, beating the average forecast of $46.8M by 1.05%. Lastly, the company's EPS was $-0.6, beating the average prediction of $-0.452 by 32.74%. In terms of the last quarterly report (Dec 2023), D-Wave Quantum's revenue was $2.91M, missing the average analysts' forecast of $4.69M by -38.07%. The company's EBITDA was $-16.542M, beating the average prediction of $-4.692M by 252.53%. D-Wave Quantum's net income was $-16.014M, beating the average estimation of $-13.345M by 20.00%. The company's SG&A was $10.55M, missing the average forecast of $18.36M by -42.52%. Lastly, the company's EPS was $-0.0001, missing the average prediction of $-0.084 by -99.88%