D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
27.98
+1.18 (4.40%)
At close: Dec 11, 2025, 4:00 PM EST
27.90
-0.08 (-0.29%)
Pre-market: Dec 12, 2025, 5:15 AM EST
D-Wave Quantum Stock Forecast
Stock Price Forecast
The 13 analysts that cover D-Wave Quantum stock have a consensus rating of "Strong Buy" and an average price target of $30.08, which forecasts a 7.51% increase in the stock price over the next year. The lowest target is $12 and the highest is $46.
Price Target: $30.08 (+7.51%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for D-Wave Quantum stock 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 '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 9 | 9 |
| Buy | 1 | 2 | 2 | 2 | 2 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 10 | 10 | 10 | 11 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Initiates $46 | Buy | Initiates | $46 | +64.40% | Dec 11, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $44 | Buy | Initiates | $44 | +57.26% | Dec 3, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $20 → $35 | Strong Buy | Maintains | $20 → $35 | +25.09% | Nov 10, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $20 → $41 | Strong Buy | Maintains | $20 → $41 | +46.53% | Nov 7, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $20 → $40 | Buy | Maintains | $20 → $40 | +42.96% | Nov 7, 2025 |
Financial Forecast
Revenue This Year
25.98M
from 8.83M
Increased by 194.34%
Revenue Next Year
40.59M
from 25.98M
Increased by 56.23%
EPS This Year
-0.23
from -0.75
EPS Next Year
-0.23
from -0.23
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 27.8M | 55.7M | ||||
| Avg | 26.0M | 40.6M | ||||
| Low | 23.8M | 34.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 215.2% | 114.2% | ||||
| Avg | 194.3% | 56.2% | ||||
| Low | 169.8% | 32.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | -0.21 | -0.20 | ||||
| Avg | -0.23 | -0.23 | ||||
| Low | -0.32 | -0.29 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| 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.