D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
22.54
+3.56 (18.76%)
At close: Sep 17, 2025, 4:00 PM EDT
22.74
+0.20 (0.89%)
After-hours: Sep 17, 2025, 4:26 PM EDT
D-Wave Quantum Stock Forecast
Stock Price Forecast
The 10 analysts that cover D-Wave Quantum stock have a consensus rating of "Strong Buy" and an average price target of $19.4, which forecasts a -13.93% decrease in the stock price over the next year. The lowest target is $12 and the highest is $30.
Price Target: $19.4 (-13.93%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 2025.
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 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 8 | 8 |
| Buy | 0 | 0 | 0 | 1 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 8 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $13 | Buy | Maintains | $22 → $13 | -42.32% | Aug 8, 2025 |
| Stifel | Stifel | Strong Buy Initiates $26 | Strong Buy | Initiates | $26 | +15.35% | Aug 5, 2025 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | -11.27% | Aug 4, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +33.10% | Jul 29, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $20 → $22 | Strong Buy | Maintains | $20 → $22 | -2.40% | Jul 23, 2025 |
Financial Forecast
Revenue This Year
24.95M
from 8.83M
Increased by 182.64%
Revenue Next Year
38.05M
from 24.95M
Increased by 52.50%
EPS This Year
-0.21
from -0.75
EPS Next Year
-0.20
from -0.21
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 27.9M | 42.1M | |||
| Avg | 24.9M | 38.0M | |||
| Low | 22.6M | 32.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 216.4% | 68.8% | |||
| Avg | 182.6% | 52.5% | |||
| Low | 156.5% | 29.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -0.12 | -0.04 | |||
| Avg | -0.21 | -0.20 | |||
| Low | -0.28 | -0.27 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| 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.