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D-Wave Quantum (QBTS): analyst forecast and price target

$11.78 −8.08% close 16.10.26 · market cap $4.9B · Technology · Computer Hardware IWM 0.16%
Price targets and ratings of

Analyst consensus

Strong Buy

14 Buy1 Hold0 Sell

Ratings of 15 analysts in the last 3 months

12-month forecast

$35.79+203.8% upside

Based on 15 price targets given in the last 3 months, the average target is $35.79, the highest $43.00, the lowest $22.00. The average is +203.8% from the last price of $11.78.

$10.00$20.00$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$43.00Average$35.79Low$22.00
Highest target $43.00 Average target $35.79 Lowest target $22.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Craig Ellis★★★★★★★★★★#102 · hits 55% · avg +34.6% B. Riley Securities $40.00 Buy +239.6% Reiterated 21.09.26on TipRanks 10:45 +1.9%next day −0.8% · 5 days −4.2%
Harsh Kumar★★★★★★★★★★#7 · hits 74% · avg +45.3% BMO Capital $35.00 Buy +197.1% Initiated 20.08.26on TipRanks Aug 25 21:03 −1.9%next day +8.0% · 5 days −5.9%
Vijay Rakesh★★★★★★★★★★#7 · hits 69% · avg +70.3% Mizuho Securities $29.00 Buy +146.2% Reiterated 11.08.26on TipRanks Aug 12 08:15 +0.5%next day +2.3% · 5 days −3.1%
Nehal Chokshi★★★★★★★★★★#190 · hits 58% · avg +25.4% Northland Securities $22.00 Hold +86.8% Reiterated 07.08.26on TipRanks 15:15 +6.4%next day −2.7% · 5 days +1.6%
Richard Shannon★★★★★★★★★★#5 · hits 65% · avg +87.6% Craig-Hallum $40.00 Buy +239.6% Reiterated 07.08.26on TipRanks 10:00 +6.4%next day −2.7% · 5 days +1.6%
Mark Lipacis★★★★★★★★★★#22 · hits 70% · avg +39.9% Evercore ISI $37.00 Buy +214.1% Reiterated 07.08.26on TipRanks 08:45 +6.4%next day −2.7% · 5 days +1.6%
Kevin Garrigan★★★★★★★★★★#2202 · hits 52% · avg +18.0% Jefferies $45.00 → $40.00−11.1% Buy +239.6% Reiterated 07.08.26on TipRanks 03:50 +6.4%next day −2.7% · 5 days +1.6%
Suji Desilva★★★★★★★★★★#47 · hits 55% · avg +52.6% Roth MKM $40.00 → $30.00−25.0% Buy +154.7% Assigned 07.08.26on TipRanks Aug 6 14:10 −9.1%next day +6.4% · 5 days +6.5%
Troy Jensen★★★★★★★★★★#1320 · hits 51% · avg +9.4% Cantor Fitzgerald $40.00 Buy +239.6% Reiterated 06.08.26on TipRanks Aug 7 09:06 −9.1%next day +6.4% · 5 days +6.5%
John McPeake★★★★★★★★★★#4020 · hits 63% · avg +6.9% Rosenblatt Securities $43.00 Buy +265.0% Reiterated 06.08.26on TipRanks Aug 7 07:55 −9.1%next day +6.4% · 5 days +6.5%
Krish Sankar★★★★★★★★★★#13 · hits 69% · avg +56.0% TD Cowen — Buy — Reiterated 06.08.26on TipRanks Aug 7 04:00 −9.1%next day +6.4% · 5 days +6.5%
Quinn Bolton★★★★★★★★★★#18 · hits 66% · avg +53.7% Needham $40.00 Buy +239.6% Reiterated 06.08.26on TipRanks 15:10 −9.1%next day +6.4% · 5 days +6.5%
Kingsley Crane★★★★★★★★★★#831 · hits 57% · avg +13.6% Canaccord Genuity $41.00 → $35.00−14.6% Buy +197.1% Reiterated 06.08.26on TipRanks 12:13 −9.1%next day +6.4% · 5 days +6.5%
Matt Bryson★★★★★★★★★★#16 · hits 79% · avg +92.9% Wedbush $40.00 Buy +239.6% Reiterated 03.08.26on TipRanks Aug 4 01:00 +9.1%next day +7.5% · 5 days −1.0%
Gary Mobley★★★★★★★★★★#395 · hits 57% · avg +19.3% Benchmark Co. $30.00 Buy +154.7% Initiated 26.07.26on TipRanks Jul 27 06:57 +20.3%next day −9.8% · 5 days −0.1%
Ruben Roy★★★★★★★★★★#15 · hits 68% · avg +52.4% Stifel Nicolaus $35.00 Buy +197.1% Reiterated 02.06.26on TipRanks 08:55 +2.4%next day −7.2% · 5 days −18.4%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering D-Wave Quantum

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Suji Desilva★★★★★★★★★★Roth MKM · #47
Hits 55%271 of 494 Average return +52.6%
1 year Richard Shannon★★★★★★★★★★Craig-Hallum · #5
Hits 65%320 of 489 Average return +87.6%
2 years Richard Shannon★★★★★★★★★★Craig-Hallum · #5
Hits 65%320 of 489 Average return +87.6%

Most profitable

3 months Suji Desilva★★★★★★★★★★Roth MKM · #47
Hits 55%271 of 494 Average return +52.6%
1 year Richard Shannon★★★★★★★★★★Craig-Hallum · #5
Hits 65%320 of 489 Average return +87.6%
2 years Richard Shannon★★★★★★★★★★Craig-Hallum · #5
Hits 65%320 of 489 Average return +87.6%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $35.79 at a price of $16.57 (+116.0%); now: $35.79 at $11.78 (+203.8%).

$20.00$30.00Sep 15Oct 1Oct 15Top analysts$35.23Average target$35.79Price$11.78

PriceAverage targetTop analysts’ target

Recommendation trend

010203014Oct 25114Nov414Dec1419Jan 262414Feb2213Mar1341Apr1152May13132Jun14131Jul14121Aug1241Sep1041Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy111314141210
Buy513131244
Hold221111
Sell000000

Earnings and sales forecast

Next report: 05.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $-0.10 (from $-0.13 to $-0.02). Last quarter: $-0.10.

Sales

Next quarter’s sales estimate — $4M (from $3M to $7M). Last quarter: $3M.

Best top-analyst consensus in the sector · Technology

TSMTSMC
ANETArista Networks
UCTTUltra Clean HoldingsStrong Buy
ONTOOnto Innovation
CLSnot in our ETFs
About D-Wave Quantum
  • CEO: Alan E. Baratz
  • Employees: 385
  • 2650 East Bayshore Road, Palo Alto, CA, 94303, US
  • www.dwavequantum.com

Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.

Data from the stock’s TipRanks forecast page, read 54 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗