D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · Real-Time Price · USD
1.735
+0.065 (3.89%)
Nov 21, 2024, 10:40 AM EST - Market open
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 2.63, with a low estimate of 2.00 and a high estimate of 3.00. The average target predicts an increase of 51.59% from the current stock price of 1.73.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 6 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $2.25 | Strong Buy | Reiterates | $2.25 | +29.69% | Nov 15, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +15.28% | Aug 13, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $4 → $3 | Strong Buy | Maintains | $4 → $3 | +72.92% | Aug 12, 2024 |
| WestPark Capital | WestPark Capital | Strong Buy Reiterates $3 | Strong Buy | Reiterates | $3 | +72.92% | Aug 9, 2024 |
| Needham | Needham | Strong Buy Maintains $2.5 → $2.25 | Strong Buy | Maintains | $2.5 → $2.25 | +29.69% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
10.29M
from 8.76M
Increased by 17.54%
Revenue Next Year
20.16M
from 10.29M
Increased by 95.85%
EPS This Year
-0.34
from -0.60
EPS Next Year
-0.27
from -0.34
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 11.1M | 30.2M | 47.1M | |
| Avg | 10.3M | 20.2M | 40.7M | |
| Low | 9.6M | 15.7M | 34.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.1% | 193.8% | 133.7% | |
| Avg | 17.5% | 95.9% | 102.0% | |
| Low | 9.7% | 52.3% | 70.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.32 | -0.23 | -0.20 | |
| Avg | -0.34 | -0.27 | -0.20 | |
| Low | -0.37 | -0.32 | -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.