D-Wave Quantum Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, D-Wave Quantum stock has a consensus rating of "Strong Buy" and an average price target of $35.24. The average 1-year stock price forecast is 99.43% higher than the current stock price, while the lowest is $22 (+24.50%) and the highest is $43 (+143.35%).

Price Target: $35.24 (+99.43%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$22	$35.24	$36	$43
Change	+24.50%	+99.43%	+103.74%	+143.35%

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

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	13	13	13	14	14	15
Buy	1	1	1	1	1	1
Hold	1	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	16	16	16	16	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst BMO Capital No rating	BMO Capital	Buy Initiates $35	Buy	Initiates	$35	+98.08%	Aug 20, 2026
Vijay Rakesh Mizuho Securities	Mizuho Securities	Buy Maintains $29	Buy	Maintains	$29	+64.12%	Aug 12, 2026
Nehal Chokshi Northland Securities	Northland Securities	Hold Reiterates $22	Hold	Reiterates	$22	+24.50%	Aug 7, 2026
Richard Shannon Craig-Hallum	Craig-Hallum	Buy Maintains $40	Buy	Maintains	$40	+126.37%	Aug 7, 2026
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $40	Buy	Reiterates	$40	+126.37%	Aug 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.47M

from 24.59M

72.74%

from 24.59M

Revenue Next Year

80.86M

from 42.47M

90.40%

from 42.47M

EPS This Year

-0.29

from -0.26

EPS Next Year

-0.37

from -0.29

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	42.47M
Revenue Growth	21.69%	14.24%	22.10%	0.79%	178.54%	72.74%
Gross Profit	4.53M	4.25M	4.62M	5.56M	20.31M	31.98M
Gross Margin	72.13%	59.25%	52.77%	63.02%	82.59%	75.29%
Operating Income	-38.95M	-59.46M	-80.55M	-77.22M	-100.37M	-132.93M
Net Income	-31.55M	-53.70M	-82.72M	-143.88M	-355.06M	-140.26M
EPS	-	-	-	-	-0.26	-0.29
Free Cash Flow	-14.53M	-20.93M	-29.19M	-18.02M	-57.99M	-139.80M
No. Analysts	-	-	-	-	-	17

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	56.1M
Avg	42.5M
Low	33.2M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	128.2%
Avg	72.7%
Low	35.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	-0.18
Avg	-0.29
Low	-0.48

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-