D-Wave Quantum Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, D-Wave Quantum stock has a consensus rating of "Strong Buy" and an average price target of $36.84. The average 1-year stock price forecast is 49.21% higher than the current stock price, while the lowest is $19.58 (-20.70%) and the highest is $45 (+82.26%).

Price Target: $36.84 (+49.21%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$19.58	$36.84	$40	$45
Change	-20.70%	+49.21%	+62.01%	+82.26%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	12	12	12	12	12	12
Buy	2	2	1	1	1	1
Hold	0	0	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	15	15	14	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Rakesh Mizuho Securities	Mizuho Securities	Buy Reiterates $29 → $35	Buy	Reiterates	$29 → $35	+41.76%	Jun 15, 2026
John McPeake Rosenblatt Securities	Rosenblatt Securities	Buy Reiterates $43	Buy	Reiterates	$43	+74.16%	Jun 11, 2026
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Buy Maintains $41	Buy	Maintains	$41	+66.06%	Jun 3, 2026
Krish Sankar TD Cowen	TD Cowen	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 2, 2026
Craig Ellis B. Riley Securities	B. Riley Securities	Buy Reiterates $36 → $40	Buy	Reiterates	$36 → $40	+62.01%	Jun 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.42M

from 24.59M

72.53%

from 24.59M

Revenue Next Year

85.21M

from 42.42M

100.87%

from 42.42M

EPS This Year

-0.31

from -0.26

EPS Next Year

-0.38

from -0.31

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.28M	7.17M	8.76M	8.83M	24.59M	42.42M
Revenue Growth	21.69%	14.24%	22.10%	0.79%	178.54%	72.53%
Gross Profit	4.53M	4.25M	4.62M	5.56M	20.31M	32.75M
Gross Margin	72.13%	59.25%	52.77%	63.02%	82.59%	77.21%
Operating Income	-38.95M	-59.46M	-80.55M	-77.22M	-100.37M	-128.99M
Net Income	-31.55M	-53.70M	-82.72M	-143.88M	-355.06M	-130.91M
EPS	-	-	-	-	-0.26	-0.31
Free Cash Flow	-14.53M	-20.93M	-29.19M	-18.02M	-57.99M	-136.73M
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	61.2M
Avg	42.4M
Low	34.8M

Revenue Growth

Revenue Growth	2026	2027	2028
High	148.9%
Avg	72.5%
Low	41.5%

EPS Forecast

EPS	2026	2027	2028
High	-0.19
Avg	-0.31
Low	-0.49

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-