D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for D-Wave Quantum stock have an average target of 5.63, with a low estimate of 2.25 and a high estimate of 9.00. The average target predicts a decrease of -40.69% from the current stock price of 9.49.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$2.25	$5.63	$7.00	$9.00
Change	-76.30%	-40.69%	-26.25%	-5.18%

Analyst Ratings

The average analyst rating for D-Wave Quantum stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	6	6	6	6	6
Buy	1	1	1	1	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	7	7	7	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Williams Benchmark	Benchmark	Strong Buy Maintains $3 → $8	Strong Buy	Maintains	$3 → $8	-15.72%	Dec 20, 2024
Richard Shannon Craig-Hallum	Craig-Hallum	Strong Buy Maintains $2.5 → $9	Strong Buy	Maintains	$2.5 → $9	-5.18%	Dec 20, 2024
Suji Desilva Roth MKM	Roth MKM	Strong Buy Maintains $3 → $7	Strong Buy	Maintains	$3 → $7	-26.25%	Dec 12, 2024
Craig Ellis B. Riley Securities	B. Riley Securities	Strong Buy Maintains $3.75 → $4.5	Strong Buy	Maintains	$3.75 → $4.5	-52.59%	Nov 25, 2024
Quinn Bolton Needham	Needham	Strong Buy Reiterates $2.25	Strong Buy	Reiterates	$2.25	-76.30%	Nov 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

9.18M

Increased by 4.86%

from 8.76M

Revenue Next Year

15.07M

Increased by 64.04%

from 9.18M

EPS This Year

-0.31

from -0.60

EPS Next Year

-0.30

from -0.31

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	5.16M	6.28M	7.17M	8.76M	9.18M	15.07M	33.99M	51.00M
Revenue Growth	-	21.69%	14.24%	22.10%	4.86%	64.04%	125.64%	50.03%
EPS	-	-9.96	-0.45	-0.60	-0.31	-0.30	-0.20	-0.13
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	7	7	5	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	10.6M	19.4M	42.4M
Avg	9.2M	15.1M	34.0M
Low	8.3M	11.4M	24.1M

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	21.1%	111.5%	181.6%
Avg	4.9%	64.0%	125.6%
Low	-4.9%	23.8%	59.9%

EPS Forecast

EPS	2024	2025	2026	2027
High	-0.32	-0.25	-0.20
Avg	-0.31	-0.30	-0.20
Low	-0.30	-0.38	-0.19

EPS Growth

EPS Growth	2024	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.