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QBTS Stock Forecast 2026-2027
$22.57
Current Price
$8.36B
Market Cap
Buy 13
Hold 2
Sell 0
Wall St Analyst Ratings
Distance to QBTS Price Targets
+99.4%
To High Target of $45.00
+59.5%
To Median Target of $36.00
-13.2%
To Low Target of $19.58
QBTS Price Momentum
+10.2%
1 Week Change
+62.7%
1 Month Change
+103.5%
1 Year Change
-13.7%
Year-to-Date Change
-51.7%
From 52W High of $46.75
+192.7%
From 52W Low of $7.71
📊 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 16 Wall Street analysts, QBTS has a bullish consensus with a median price target of $36.00 (ranging from $19.58 to $45.00). The overall analyst rating is Strong Buy (9.3/10). Currently trading at $22.57, the median forecast implies a 59.5% upside. This outlook is supported by 13 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Kevin Garrigan at Jefferies, projecting a 99.4% upside.
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
13
Buy
2
Hold
0
Sell
QBTS Price Target Range
Low
$19.58
Average
$36.00
High
$45.00
Current: $22.57
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 |
|---|---|---|---|---|---|
| Feb 27, 2026 | Mizuho | Vijay Rakesh | Outperform | Maintains | $40.00 |
| Feb 27, 2026 | Evercore ISI Group | Mark Lipacis | Outperform | Maintains | $42.00 |
| Feb 27, 2026 | Roth Capital | Suji Desilva | Buy | Maintains | $30.00 |
| Feb 26, 2026 | Needham | N. Quinn Bolton | Buy | Maintains | $40.00 |
| Jan 29, 2026 | Needham | N. Quinn Bolton | Buy | Reiterates | $48.00 |
| Jan 28, 2026 | Rosenblatt | John McPeake | Buy | Maintains | $43.00 |
| Jan 23, 2026 | Benchmark | David Williams | Buy | Reiterates | $35.00 |
| Jan 22, 2026 | Needham | N. Quinn Bolton | Buy | Reiterates | $48.00 |
| Jan 8, 2026 | Rosenblatt | John McPeake | Buy | Maintains | $43.00 |
| Jan 7, 2026 | Rosenblatt | John McPeake | Buy | Maintains | $40.00 |
| Dec 17, 2025 | Wedbush | Antoine Legault | Outperform | Initiates | $35.00 |
| Dec 16, 2025 | Jefferies | Kevin Garrigan | Buy | Initiates | $45.00 |
| Dec 11, 2025 | Mizuho | Vijay Rakesh | Outperform | Initiates | $46.00 |
| 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 | Cantor Fitzgerald | Troy Jensen | Overweight | Maintains | $40.00 |
| Nov 7, 2025 | Rosenblatt | John McPeake | Buy | Maintains | $40.00 |
| Nov 7, 2025 | Canaccord Genuity | Kingsley Crane | Buy | Maintains | $41.00 |
| Sep 22, 2025 | B. Riley Securities | Craig Ellis | Buy | Maintains | $33.00 |
| Aug 8, 2025 | Piper Sandler | Harsh Kumar | Overweight | Maintains | $22.00 |
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 $8.36B with a P/E ratio of -20.3x. The company generates $24.59M in trailing twelve-month revenue with a 82.6% profit margin.
Revenue growth is +19.2% quarter-over-quarter, while maintaining an operating margin of -1,266.0% and return on equity of -77.6%.
Valuation Metrics
Market Cap
$8.36B
Enterprise Value
$7.97B
P/E Ratio
-20.3x
PEG Ratio
0.3x
Price/Sales
359.0x
Growth & Margins
Revenue Growth (YoY)
+19.2%
Gross Margin
+64.8%
Operating Margin
-1,266.0%
Net Margin
+82.6%
EPS Growth
+19.2%
Financial Health
Cash/Price Ratio
+10.6%
Current Ratio
42.4x
Debt/Equity
5.1x
ROE
-77.6%
ROA
-11.2%
💡 SKIP THE NOISE
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D-Wave Quantum Inc. (QBTS) Business Model
About D-Wave Quantum Inc.
What They Do
Provides quantum computing solutions and services.
Business Model
The company generates revenue by offering quantum computing hardware and software solutions through direct sales and its Leap quantum cloud service. It also provides professional onboarding programs and developer tools to assist enterprises in leveraging quantum technology for various applications.
Additional Information
D-Wave Quantum Inc. has been operating since 1999 and is headquartered in Palo Alto, California, with additional facilities in Burnaby, British Columbia. It serves a diverse range of industries, including finance, logistics, and life sciences, addressing complex optimization challenges.
Company Information
Sector
Technology
Industry
Computer Hardware
Employees
382
CEO
Dr. Alan E. Baratz Ph.D.
Country
United States
IPO Year
2020
Website
www.dwavequantum.comD-Wave Quantum Inc. (QBTS) Latest News & Analysis
Featured Analysis
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By Zacks Equity Research
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Best Stocks for May: QBTS, RGTI With 75% Target Upside Before Earnings
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By Urmimala Biswas
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May 01, 2026
By Urmimala Biswas
Analyst Blog
Latest News
Quick Summary
D-Wave Quantum Inc. will host Qubits Europe 2026, a quantum computing conference, on June 18, 2026, in London, highlighting the growing momentum in the sector across Europe.
Why It Matters
D-Wave's Qubits Europe 2026 conference highlights its leadership in quantum computing, signaling potential growth and innovation, which could attract investment interest and bolster stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Quantum computing stocks are experiencing a surge, with all three major pure-play companies seeing significant gains in midday trading.
Why It Matters
Surging quantum computing stocks indicate growing investor confidence and potential market opportunities, signaling strong interest in emerging tech sectors.
Source: 24/7 Wall Street
Market Sentiment:
Positive
Quick Summary
QBTS and RGTI are gaining attention with over 75% upside targets, driven by improved risk appetite and momentum in AI and quantum technologies ahead of Q1 earnings.
Why It Matters
Improving risk appetite and AI-quantum momentum suggest strong growth potential for QBTS and RGTI, indicating potential significant returns ahead of their Q1 earnings.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Barclays projects quantum computing demand could hit $100 billion by 2040, highlighting IonQ, IBM, and Nvidia as key players in the sector.
Why It Matters
The forecast of $100 billion demand for quantum computing highlights significant growth potential, impacting stock valuations and investment strategies for companies like IonQ, IBM, and Nvidia.
Source: Barrons
Market Sentiment:
Positive
Quick Summary
Nvidia launched AI models enhancing the reliability of quantum computers, positively impacting D-Wave's prospects in the quantum computing sector.
Why It Matters
Nvidia's AI models enhancing quantum computer reliability could boost D-Wave's market position, potentially increasing investor confidence and impacting stock performance.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
IonQ will report its Q1 results on May 6, 2026, and D-Wave Quantum will follow on May 12, potentially impacting the quantum computing sector.
Why It Matters
IonQ and D-Wave's upcoming earnings reports could indicate the health and progress of the quantum computing sector, impacting investor sentiment and stock valuations in this emerging market.
Source: Invezz
Market Sentiment:
Positive
Frequently Asked Questions About QBTS Stock
What is D-Wave Quantum Inc.'s (QBTS) stock forecast for 2026?
Based on our analysis of 16 Wall Street analysts, D-Wave Quantum Inc. (QBTS) has a median price target of $36.00. The highest price target is $45.00 and the lowest is $19.58.
Is QBTS stock a good investment in 2026?
According to current analyst ratings, QBTS has 13 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $22.57. 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 $36.00 in the next 12 months. This represents a 59.5% increase from the current price of $22.57. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is D-Wave Quantum Inc.'s business model?
The company generates revenue by offering quantum computing hardware and software solutions through direct sales and its Leap quantum cloud service. It also provides professional onboarding programs and developer tools to assist enterprises in leveraging quantum technology for various applications.
What is the highest forecasted price for QBTS D-Wave Quantum Inc.?
The highest price target for QBTS is $45.00 from Kevin Garrigan at Jefferies, which represents a 99.4% increase from the current price of $22.57.
What is the lowest forecasted price for QBTS D-Wave Quantum Inc.?
The lowest price target for QBTS is $19.58 from at , which represents a -13.2% decrease from the current price of $22.57.
What is the overall QBTS consensus from analysts for D-Wave Quantum Inc.?
The overall analyst consensus for QBTS is bullish. Out of 16 Wall Street analysts, 13 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $36.00.
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: May 9, 2026 12:42 PM UTC