D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Stock Forecast

Stock Price Forecast

According to 12 professional analysts, the 12-month price target for D-Wave Quantum stock ranges from a low of $12 to a high of $44. The average analyst price target of $28.75 forecasts a 6.48% increase in the stock price over the next year.

Price Target: $28.75 (+6.48%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$12	$28.75	$33	$44
Change	-55.56%	+6.48%	+22.22%	+62.96%

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	7	8	8	8	9	9
Buy	1	2	2	2	2	3
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	10	10	10	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Lipacis Evercore ISI Group	Evercore ISI Group	Buy Initiates $44	Buy	Initiates	$44	+62.96%	Dec 3, 2025
David Williams Benchmark	Benchmark	Strong Buy Maintains $20 → $35	Strong Buy	Maintains	$20 → $35	+29.63%	Nov 10, 2025
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $20 → $41	Strong Buy	Maintains	$20 → $41	+51.85%	Nov 7, 2025
Troy Jensen Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $20 → $40	Buy	Maintains	$20 → $40	+48.15%	Nov 7, 2025
John McPeake Rosenblatt	Rosenblatt	Strong Buy Maintains $30 → $40	Strong Buy	Maintains	$30 → $40	+48.15%	Nov 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

25.98M

Increased by 194.34%

from 8.83M

Revenue Next Year

40.59M

Increased by 56.23%

from 25.98M

EPS This Year

-0.23

from -0.75

EPS Next Year

-0.23

from -0.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	5.16M	6.28M	7.17M	8.76M	8.83M	25.98M	40.59M
Revenue Growth	-	21.69%	14.24%	22.10%	0.79%	194.34%	56.23%
EPS	-	-9.96	-0.45	-0.60	-0.75	-0.23	-0.23
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	27.8M	55.7M
Avg	26.0M	40.6M
Low	23.8M	34.3M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	215.2%	114.2%
Avg	194.3%	56.2%
Low	169.8%	32.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	-0.21	-0.20
Avg	-0.23	-0.23
Low	-0.32	-0.29

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
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.