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QBTS Stock Forecast 2025-2026
$26.80
Current Price
$9.57B
Market Cap
Buy 10
Hold 0
Sell 1
Wall St Analyst Ratings
Distance to QBTS Price Targets
+79.1%
To High Target of $48.00
+49.3%
To Median Target of $40.00
-15.9%
To Low Target of $22.54
QBTS Price Momentum
-6.7%
1 Week Change
-7.6%
1 Month Change
+550.5%
1 Year Change
+219.0%
Year-to-Date Change
-42.7%
From 52W High of $46.75
+622.4%
From 52W Low of $3.71
📊 TOP ANALYST CALLS
Did QBTS Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if D-Wave is one of their latest high-conviction picks.
Latest QBTS Stock Price Targets & Analyst Predictions
Based on our analysis of 13 Wall Street analysts, QBTS has a bullish consensus with a median price target of $40.00 (ranging from $22.54 to $48.00). The overall analyst rating is Strong Buy (8.9/10). Currently trading at $26.80, the median forecast implies a 49.3% upside. This outlook is supported by 10 Buy, 0 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
QBTS Analyst Ratings
10
Buy
0
Hold
1
Sell
QBTS Price Target Range
Low
$22.54
Average
$40.00
High
$48.00
Current: $26.80
Latest QBTS Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for QBTS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 3, 2025 | Evercore ISI Group | Mark Lipacis | Outperform | Initiates | $44.00 |
| Nov 10, 2025 | Benchmark | David Williams | Buy | Maintains | $35.00 |
| Nov 7, 2025 | Canaccord Genuity | Kingsley Crane | Buy | Maintains | $41.00 |
| Nov 7, 2025 | Rosenblatt | John McPeake | Buy | Maintains | $40.00 |
| Nov 7, 2025 | Cantor Fitzgerald | Troy Jensen | Overweight | Maintains | $40.00 |
| Sep 22, 2025 | B. Riley Securities | Craig Ellis | Buy | Maintains | $33.00 |
| Aug 8, 2025 | Piper Sandler | Harsh Kumar | Overweight | Maintains | $22.00 |
| Aug 5, 2025 | Stifel | Ruben Roy | Buy | Initiates | $26.00 |
| Aug 4, 2025 | Benchmark | David Williams | Buy | Reiterates | $20.00 |
| Jul 29, 2025 | Rosenblatt | Kevin Garrigan | Buy | Initiates | $30.00 |
| Jul 23, 2025 | B. Riley Securities | Craig Ellis | Buy | Maintains | $22.00 |
| Jul 23, 2025 | Canaccord Genuity | Kingsley Crane | Buy | Initiates | $20.00 |
| Jul 2, 2025 | Cantor Fitzgerald | Troy Jensen | Overweight | Initiates | $20.00 |
| Jun 18, 2025 | B. Riley Securities | Craig Ellis | Buy | Maintains | $20.00 |
| Jun 18, 2025 | Benchmark | David Williams | Buy | Maintains | $20.00 |
| Jun 17, 2025 | Benchmark | David Williams | Buy | Maintains | $20.00 |
| Jun 13, 2025 | Roth Capital | Buy | Maintains | $N/A | |
| May 21, 2025 | B. Riley Securities | Buy | Reiterates | $N/A | |
| May 12, 2025 | Benchmark | David Williams | Buy | Maintains | $14.00 |
| May 9, 2025 | Craig-Hallum | Buy | Maintains | $N/A |
D-Wave Quantum Inc. (QBTS) Competitors
The following stocks are similar to D-Wave based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
D-Wave Quantum Inc. (QBTS) Financial Data
D-Wave Quantum Inc. has a market capitalization of $9.57B with a P/E ratio of -35.7x. The company generates $24.14M in trailing twelve-month revenue with a 63.0% profit margin.
Revenue growth is +99.9% quarter-over-quarter, while maintaining an operating margin of -741.8% and return on equity of -122.0%.
Valuation Metrics
Market Cap
$9.57B
Enterprise Value
$8.66B
P/E Ratio
-35.7x
PEG Ratio
-0.1x
Price/Sales
418.9x
Growth & Margins
Revenue Growth (YoY)
+99.9%
Gross Margin
+71.4%
Operating Margin
-741.8%
Net Margin
+63.0%
EPS Growth
+99.9%
Financial Health
Cash/Price Ratio
+8.9%
Current Ratio
54.7x
Debt/Equity
5.9x
ROE
-122.0%
ROA
-11.7%
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D-Wave Quantum Inc. (QBTS) Business Model
About D-Wave Quantum Inc.
What They Do
Develops quantum computing systems and solutions.
Business Model
D-Wave Quantum Inc. generates revenue by providing quantum computing systems, software, and cloud services to various industries, including manufacturing, logistics, pharmaceuticals, and financial services. Their hybrid quantum solutions integrate with traditional computing systems, enhancing processing efficiency and enabling organizations to tackle complex computational challenges.
Additional Information
As a pioneer in commercial quantum computing, D-Wave aims to drive advancements in machine learning and optimization. The company is headquartered in Burnaby, Canada, and continues to play a critical role in the tech industry by pushing the boundaries of quantum technology and influencing the evolution of computing paradigms.
Company Information
Sector
Technology
Industry
Computer Hardware
Employees
216
CEO
Dr. Alan E. Baratz Ph.D.
Country
United States
IPO Year
2020
Website
www.dwavequantum.comD-Wave Quantum Inc. (QBTS) Latest News & Analysis
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Latest News
Quick Summary
D-Wave Quantum (NYSE: QBTS) surged over 50% from its November lows, signaling a strong rebound in the quantum computing sector despite previous concerns of a bubble.
Why It Matters
The rebound in quantum computing stocks, particularly D-Wave Quantum's 50% surge, signals renewed investor confidence and potential growth in the sector, impacting future investment strategies.
Source: 24/7 Wall Street
Market Sentiment:
Positive
Quick Summary
D-Wave's stock saw a significant decline in November, but has recently rebounded after a Nobel laureate raised optimism about potential U.S. government investment in quantum computing.
Why It Matters
D-Wave's stock decline signals volatility in quantum computing, while recent recovery hints at potential government investment, influencing market sentiment and future growth prospects.
Source: The Motley Fool
Market Sentiment:
Neutral
Quick Summary
D-Wave Quantum Inc. will hold its annual Qubits user conference on January 27-28, 2026, in Boca Raton, Florida, showcasing advancements in quantum computing with talks from executives and industry leaders.
Why It Matters
D-Wave's upcoming user conference signals its continued leadership in quantum computing, potentially boosting investor confidence and interest in the sector's growth and innovation.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Ken Griffin acquired small stakes in Rigetti Computing and D-Wave Quantum in Q3; analysts expect stock upside. Rigetti's valuation is significantly high compared to S&P 500 stocks.
Why It Matters
Ken Griffin's investment signals confidence in Rigetti and D-Wave, while analyst optimism suggests potential stock appreciation. Rigetti's high valuation raises concerns despite its innovative edge.
Source: The Motley Fool
Market Sentiment:
Positive
Prediction: The Quantum Computing Bubble Will Burst in 2026, and These 3 Stocks Will Go Down With It
3 days ago
Quick Summary
Investors are concerned that AI stocks may be overvalued, with particular apprehension about the potential for a significant correction in quantum computing stocks.
Why It Matters
Concerns over inflated AI stock prices and potential corrections in quantum computing could signal volatility, impacting investment strategies and risk assessments in tech sectors.
Source: The Motley Fool
Market Sentiment:
Negative
Quick Summary
Quantum computing stocks are performing well, with estimates predicting up to $850 billion in global economic value by 2040. Insiders caution investors about potential risks.
Why It Matters
Rising quantum computing valuations and significant projected economic impact signal potential volatility, prompting caution amid high investor interest and insider warnings.
Source: The Motley Fool
Market Sentiment:
Neutral
Frequently Asked Questions About QBTS Stock
What is D-Wave Quantum Inc.'s (QBTS) stock forecast for 2026?
Based on our analysis of 13 Wall Street analysts, D-Wave Quantum Inc. (QBTS) has a median price target of $40.00. The highest price target is $48.00 and the lowest is $22.54.
Is QBTS stock a good investment in 2026?
According to current analyst ratings, QBTS has 10 Buy ratings, 0 Hold ratings, and 1 Sell ratings. The stock is currently trading at $26.80. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for QBTS stock?
Wall Street analysts predict QBTS stock could reach $40.00 in the next 12 months. This represents a 49.3% increase from the current price of $26.80. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is D-Wave Quantum Inc.'s business model?
D-Wave Quantum Inc. generates revenue by providing quantum computing systems, software, and cloud services to various industries, including manufacturing, logistics, pharmaceuticals, and financial services. Their hybrid quantum solutions integrate with traditional computing systems, enhancing processing efficiency and enabling organizations to tackle complex computational challenges.
What is the highest forecasted price for QBTS D-Wave Quantum Inc.?
The highest price target for QBTS is $48.00 from at , which represents a 79.1% increase from the current price of $26.80.
What is the lowest forecasted price for QBTS D-Wave Quantum Inc.?
The lowest price target for QBTS is $22.54 from at , which represents a -15.9% decrease from the current price of $26.80.
What is the overall QBTS consensus from analysts for D-Wave Quantum Inc.?
The overall analyst consensus for QBTS is bullish. Out of 13 Wall Street analysts, 10 rate it as Buy, 0 as Hold, and 1 as Sell, with a median price target of $40.00.
How accurate are QBTS stock price projections?
Stock price projections, including those for D-Wave Quantum Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: December 11, 2025 3:52 AM UTC