D-Wave Quantum Inc. (QBTS)
NYSE: QBTS · IEX Real-Time Price · USD
1.480
-0.040 (-2.63%)
At close: Apr 25, 2024, 4:00 PM
1.500
+0.020 (1.35%)
Pre-market: Apr 26, 2024, 5:12 AM EDT
D-Wave Quantum Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for D-Wave Quantum stock have an average target of 2.80, with a low estimate of 2.00 and a high estimate of 4.00. The average target predicts an increase of 89.19% from the current stock price of 1.48.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for D-Wave Quantum stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Initiates $2.5 | Strong Buy | Initiates | $2.5 | +68.92% | Apr 8, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $2 → $4 | Strong Buy | Maintains | $2 → $4 | +170.27% | Apr 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $2 → $3 | Strong Buy | Maintains | $2 → $3 | +102.70% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $1.75 → $2.5 | Strong Buy | Maintains | $1.75 → $2.5 | +68.92% | Apr 1, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $76 → $2 | Strong Buy | Maintains | $76 → $2 | +35.14% | Jan 25, 2024 |
Financial Forecast
Revenue This Year
16.98M
from 8.76M
Increased by 93.86%
Revenue Next Year
36.41M
from 16.98M
Increased by 114.48%
EPS This Year
-0.36
from -0.60
EPS Next Year
-0.35
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.4M | 37.5M | 283.5M |
| Avg | 17.0M | 36.4M | 176.8M |
| Low | 14.5M | 35.0M | 75.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 121.7% | 120.8% | 678.5% |
| Avg | 93.9% | 114.5% | 385.6% |
| Low | 65.6% | 106.1% | 106.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.35 | -0.30 | 0.17 |
| Avg | -0.36 | -0.35 | 0.03 |
| Low | -0.38 | -0.38 | -0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.