QBTSTechnology · Computer HardwareThe 16 Wall Street analysts covering D-Wave Quantum, Inc. hold a median 12-month price target of $37 — +81.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 21 of 100 as at 22 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores D-Wave Quantum, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (59): The business earns solid, repeatable profits on what it owns.
Volatility (23): The share price moves around a lot.
Size (19): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on QBTS, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +81.5% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 7 Aug 2026 | Rosenblatt | Maintains | Buy | — |
| 28 July 2026 | Rosenblatt | Maintains | Buy | — |
| 27 July 2026 | Benchmark | Initiates | Buy | $30 |
| 27 July 2026 | Benchmark | Initiates | Buy | — |
| 15 June 2026 | Mizuho | Maintains | Outperform | — |
| 15 June 2026 | Mizuho | Maintains | Outperform | $29 → $35 |
| 11 June 2026 | Rosenblatt | Maintains | Buy | — |
| 11 June 2026 | Rosenblatt | Maintains | Buy | $43 |
| 2 June 2026 | B. Riley Securities | Maintains | Buy | — |
| 2 June 2026 | Needham | Reiterates | Buy | — |
| 2 June 2026 | Rosenblatt | Maintains | Buy | — |
| 2 June 2026 | Roth Capital | Maintains | Buy | — |
| 13 May 2026 | Canaccord Genuity | Maintains | Buy | — |
| 13 May 2026 | Cantor Fitzgerald | Reiterates | Overweight | — |
| 13 May 2026 | Mizuho | Maintains | Outperform | — |
| 13 May 2026 | Needham | Reiterates | Buy | — |
| 13 May 2026 | Rosenblatt | Maintains | Buy | — |
| 27 Feb 2026 | Evercore ISI Group | Maintains | Outperform | — |
| 27 Feb 2026 | Mizuho | Maintains | Outperform | — |
| 27 Feb 2026 | Roth Capital | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. QBTS appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 95% of US stocks
Cheaper than 2% of US stocks
Cheaper than 15% of US stocks
Cheaper than 93% of US stocks
Higher than 27% of US stocks
Higher than 35% of US stocks
Higher than 69% of US stocks
Higher than 4% of US stocks
Higher than 98% of US stocks
Higher than 28% of US stocks
Higher than 26% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own D-Wave Quantum, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
An executive at D-Wave Quantum disposed of 23,850 shares at $21.17 per share, valued at approximately $505,000 as of the August 17, 2026 transaction date. The sale reduced the insider's direct equity holdings by 4%.
Why it matters — QBTS watchers would care because insider selling can signal how executives view the stock's valuation and their confidence in the company.
A Zacks Investment Research report notes that quantum stocks are facing a harsher market reality check, with QUBT and QNT singled out for their strong revenue growth, bookings, and commercialization momentum despite tougher conditions.
Why it matters — QBTS watchers would care because it signals that investor scrutiny on quantum companies is increasing, making commercialization progress and financials key differentiators across the sector.
The article reports that quantum computing stocks, including Infleqtion, Rigetti, and IonQ, posted notable gains on Friday, with the piece examining what is driving the sector's momentum and how investors can participate in the theme.
Why it matters — As a fellow quantum computing company, QBTS watchers would care about the sector-wide rally and the factors behind investor interest in quantum stocks.
BMO Capital analyst Harsh Kumar initiated coverage of D-Wave Quantum with an outperform rating. The analyst believes the stock could nearly double within a year, which contributed to a rise in the share price.
Why it matters — A positive analyst initiation from a major bank could signal increased institutional attention and confidence in D-Wave Quantum's prospects.
D-Wave's H1 bookings rose 1,120% year-over-year to $35.5 million, while remaining performance obligations climbed 668% to $40.7 million. Commercial customers accounted for 67.7% of H1 revenue, and six customer applications moved into production, with roughly $23 million of contracted revenue potentially converting within 12 months versus $5.9 million in H1 revenue.
Why it matters — The figures signal strengthening commercial demand and a large contracted-revenue backlog that could significantly outpace current revenue for QBTS watchers.
The 16 Wall Street analysts covering D-Wave Quantum, Inc. have a median 12-month price target of $37, with estimates ranging from $22 to $43. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 16 analysts covering D-Wave Quantum, Inc., 15 rate it a Buy, 1 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks D-Wave Quantum, Inc. 21 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, D-Wave Quantum, Inc. ranks 21 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (59 of 100).
No one can know that. What the data says: the median 12-month target from 16 analysts implies +81.5% from the last close, and Ticker Nerd's factor model ranks D-Wave Quantum, Inc. 21 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering D-Wave Quantum, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for QBTS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $22 to $43 over the next 12 months.
D-Wave Quantum, Inc. returned +37.7% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
D-Wave Quantum Inc. is a quantum computing company that develops and delivers quantum computing systems, software, and services for enterprise and research use.
The most recent item we track (The Motley Fool, 23 Aug 2026): "What Does a D-Wave Quantum Insider's Sale of 23,850 Shares Mean for Investors?". An executive at D-Wave Quantum disposed of 23,850 shares at $21.17 per share, valued at approximately $505,000 as of the August 17, 2026 transaction date. The sale reduced the insider's direct equity holdings by 4%.
D-Wave Quantum Inc. is a quantum computing company that develops and delivers quantum computing systems, software, and services for enterprise and research use. The company provides both annealing and gate-model quantum computers, along with cloud-based access through its Leap service and developer tools through its Ocean software suite. Its offerings are designed to support practical applications such as optimization, scheduling, logistics, materials science, cybersecurity, and drug discovery. D-Wave Quantum Inc. also provides professional services to help organizations identify use cases and implement quantum workflows. Headquartered in Palo Alto, California, the company operates in the emerging quantum technology market and serves customers seeking specialized computing capabilities beyond conventional systems.
CEO Dr. Alan E. Baratz Ph.D. · 382 employees · United States · https://www.dwavequantum.com