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D-Wave Quantum (QBTS)
NASDAQ:QBTS
US Market
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D-Wave Quantum (QBTS) Stock Forecast & Price Target

19,035 Followers
See the Price Targets and Ratings of:

QBTS Analyst Ratings

Strong Buy
16Ratings
Strong Buy
15 Buy
1 Hold
0 Sell
Based on 16 analysts giving stock ratings to
D-Wave
Quantum
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

QBTS Stock 12 Month Forecast

Average Price Target

$35.73
▲(84.67% Upside)
Based on 16 Wall Street analysts offering 12 month price targets for D-Wave Quantum in the last 3 months. The average price target is $35.73 with a high forecast of $43.00 and a low forecast of $22.00. The average price target represents a 84.67% change from the last price of $19.35.
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18,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":26.15,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 33,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":20.97,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 38,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n    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Highest Price Target$43.00Average Price Target$35.73Lowest Price Target$22.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
BMO Capital Analyst forecast on QBTS
Unknown Analyst
BMO Capital
Not Ranked
BMO Capital
$35
Buy
80.88%
Upside
Initiated
08/20/26
BMO Capital starts D-Wave Quantum with Outperform rating, says revolutionaryBMO Capital starts D-Wave Quantum with Outperform rating, says revolutionary
Mizuho Securities Analyst forecast on QBTS
Mizuho Securities
Mizuho Securities
$29
Buy
49.87%
Upside
Reiterated
08/11/26
Analysts Offer Insights on Technology Companies: Five9 (NASDAQ: FIVN), D-Wave Quantum (NASDAQ: QBTS) and Similarweb (NYSE: SMWB)
Craig-Hallum Analyst forecast on QBTS
Craig-Hallum
Craig-Hallum
$40
Buy
106.72%
Upside
Reiterated
08/07/26
Craig-Hallum Sticks to Their Buy Rating for D-Wave Quantum (QBTS)
Evercore ISI Analyst forecast on QBTS
Evercore ISI
Evercore ISI
$37
Buy
91.21%
Upside
Reiterated
08/07/26
Evercore ISI Reaffirms Their Buy Rating on D-Wave Quantum (QBTS)
Roth MKM Analyst forecast on QBTS
Roth MKM
Roth MKM
$40$30
Buy
55.04%
Upside
Assigned
08/07/26
D-Wave Quantum price target lowered to $30 from $40 at Roth CapitalD-Wave Quantum price target lowered to $30 from $40 at Roth Capital
Northland Securities Analyst forecast on QBTS
Northland Securities
Northland Securities
$22
Hold
13.70%
Upside
Reiterated
08/07/26
D-Wave Quantum (QBTS) Gets a Hold from Northland Securities
Jefferies
$45$40
Buy
106.72%
Upside
Reiterated
08/07/26
Jefferies Remains a Buy on D-Wave Quantum (QBTS)
TD Cowen Analyst forecast on QBTS
TD Cowen
TD Cowen
Buy
Reiterated
08/06/26
Krish Sankar Reiterates Buy on D-Wave, Citing Strengthening Commercial Traction and 2026 Revenue Ramp from Advantage2 Systems
Needham
$40
Buy
106.72%
Upside
Reiterated
08/06/26
Analysts' Top Technology Picks: D-Wave Quantum (QBTS), NICE (NICE)
Canaccord Genuity Analyst forecast on QBTS
Canaccord Genuity
Canaccord Genuity
$41$35
Buy
80.88%
Upside
Reiterated
08/06/26
D-Wave Quantum price target lowered to $35 from $41 at CanaccordD-Wave Quantum price target lowered to $35 from $41 at Canaccord
Cantor Fitzgerald Analyst forecast on QBTS
Cantor Fitzgerald
Cantor Fitzgerald
$40
Buy
106.72%
Upside
Reiterated
08/06/26
Cantor Fitzgerald Keeps Their Buy Rating on D-Wave Quantum (QBTS)
Rosenblatt Securities Analyst forecast on QBTS
Rosenblatt Securities
Rosenblatt Securities
$43
Buy
122.22%
Upside
Reiterated
08/06/26
D-Wave Quantum (QBTS) Receives a Buy from Rosenblatt Securities
Wedbush
$40
Buy
106.72%
Upside
Reiterated
08/03/26
D-Wave Quantum assumed with an Outperform at WedbushD-Wave Quantum assumed with an Outperform at Wedbush
Benchmark Co. Analyst forecast on QBTS
Benchmark Co.
Benchmark Co.
$30
Buy
55.04%
Upside
Initiated
07/26/26
Wall Street Analysts Are Bullish on Top Technology Picks
Stifel Nicolaus Analyst forecast on QBTS
Stifel Nicolaus
Stifel Nicolaus
$35
Buy
80.88%
Upside
Reiterated
06/02/26
Analysts Offer Insights on Technology Companies: D-Wave Quantum (NYSE: QBTS), ASML Holding (NASDAQ: ASML) and Applied Digital Corporation (NASDAQ: APLD)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
BMO Capital Analyst forecast on QBTS
Unknown Analyst
BMO Capital
Not Ranked
BMO Capital
$35
Buy
80.88%
Upside
Initiated
08/20/26
BMO Capital starts D-Wave Quantum with Outperform rating, says revolutionaryBMO Capital starts D-Wave Quantum with Outperform rating, says revolutionary
Mizuho Securities Analyst forecast on QBTS
Mizuho Securities
Mizuho Securities
$29
Buy
49.87%
Upside
Reiterated
08/11/26
Analysts Offer Insights on Technology Companies: Five9 (NASDAQ: FIVN), D-Wave Quantum (NASDAQ: QBTS) and Similarweb (NYSE: SMWB)
Craig-Hallum Analyst forecast on QBTS
Craig-Hallum
Craig-Hallum
$40
Buy
106.72%
Upside
Reiterated
08/07/26
Craig-Hallum Sticks to Their Buy Rating for D-Wave Quantum (QBTS)
Evercore ISI Analyst forecast on QBTS
Evercore ISI
Evercore ISI
$37
Buy
91.21%
Upside
Reiterated
08/07/26
Evercore ISI Reaffirms Their Buy Rating on D-Wave Quantum (QBTS)
Roth MKM Analyst forecast on QBTS
Roth MKM
Roth MKM
$40$30
Buy
55.04%
Upside
Assigned
08/07/26
D-Wave Quantum price target lowered to $30 from $40 at Roth CapitalD-Wave Quantum price target lowered to $30 from $40 at Roth Capital
Northland Securities Analyst forecast on QBTS
Northland Securities
Northland Securities
$22
Hold
13.70%
Upside
Reiterated
08/07/26
D-Wave Quantum (QBTS) Gets a Hold from Northland Securities
Jefferies
$45$40
Buy
106.72%
Upside
Reiterated
08/07/26
Jefferies Remains a Buy on D-Wave Quantum (QBTS)
TD Cowen Analyst forecast on QBTS
TD Cowen
TD Cowen
Buy
Reiterated
08/06/26
Krish Sankar Reiterates Buy on D-Wave, Citing Strengthening Commercial Traction and 2026 Revenue Ramp from Advantage2 Systems
Needham
$40
Buy
106.72%
Upside
Reiterated
08/06/26
Analysts' Top Technology Picks: D-Wave Quantum (QBTS), NICE (NICE)
Canaccord Genuity Analyst forecast on QBTS
Canaccord Genuity
Canaccord Genuity
$41$35
Buy
80.88%
Upside
Reiterated
08/06/26
D-Wave Quantum price target lowered to $35 from $41 at CanaccordD-Wave Quantum price target lowered to $35 from $41 at Canaccord
Cantor Fitzgerald Analyst forecast on QBTS
Cantor Fitzgerald
Cantor Fitzgerald
$40
Buy
106.72%
Upside
Reiterated
08/06/26
Cantor Fitzgerald Keeps Their Buy Rating on D-Wave Quantum (QBTS)
Rosenblatt Securities Analyst forecast on QBTS
Rosenblatt Securities
Rosenblatt Securities
$43
Buy
122.22%
Upside
Reiterated
08/06/26
D-Wave Quantum (QBTS) Receives a Buy from Rosenblatt Securities
Wedbush
$40
Buy
106.72%
Upside
Reiterated
08/03/26
D-Wave Quantum assumed with an Outperform at WedbushD-Wave Quantum assumed with an Outperform at Wedbush
Benchmark Co. Analyst forecast on QBTS
Benchmark Co.
Benchmark Co.
$30
Buy
55.04%
Upside
Initiated
07/26/26
Wall Street Analysts Are Bullish on Top Technology Picks
Stifel Nicolaus Analyst forecast on QBTS
Stifel Nicolaus
Stifel Nicolaus
$35
Buy
80.88%
Upside
Reiterated
06/02/26
Analysts Offer Insights on Technology Companies: D-Wave Quantum (NYSE: QBTS), ASML Holding (NASDAQ: ASML) and Applied Digital Corporation (NASDAQ: APLD)
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Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering D-Wave Quantum

3 Months
Craig EllisB. Riley Securities
Success Rate
9/13 ratings generated profit
69%
Average Return
+43.48%
Copying Craig Ellis's trades and holding each position for 3 Months would result in 69.23% of your transactions generating a profit, with an average return of +43.48% per trade.
1 Year
Richard ShannonCraig-Hallum
Success Rate
18/25 ratings generated profit
72%
Average Return
+261.66%
Copying Richard Shannon's trades and holding each position for 1 Year would result in 72.00% of your transactions generating a profit, with an average return of +261.66% per trade.
2 Years
Richard ShannonCraig-Hallum
Success Rate
19/25 ratings generated profit
76%
Average Return
+363.36%
Copying Richard Shannon's trades and holding each position for 2 Years would result in 76.00% of your transactions generating a profit, with an average return of +363.36% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

QBTS Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
13
11
13
14
14
Buy
4
5
13
13
12
Hold
1
2
2
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
18
18
28
28
27
In the current month, QBTS has received 26 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. QBTS average Analyst price target in the past 3 months is 35.73.
Each month's total comprises the sum of three months' worth of ratings.

QBTS Financial Forecast

QBTS Earnings Forecast

Next quarter’s earnings estimate for QBTS is -$0.10 with a range of -$0.13 to -$0.02. The previous quarter’s EPS was -$0.10. QBTS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 49.22% of the time in the same period. In the last calendar year QBTS has Performed in-line its overall industry.
Next quarter’s earnings estimate for QBTS is -$0.10 with a range of -$0.13 to -$0.02. The previous quarter’s EPS was -$0.10. QBTS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 49.22% of the time in the same period. In the last calendar year QBTS has Performed in-line its overall industry.

QBTS Sales Forecast

Next quarter’s sales forecast for QBTS is $4.36M with a range of $3.23M to $7.40M. The previous quarter’s sales results were $3.08M. QBTS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.85% of the time in the same period. In the last calendar year QBTS has Performed in-line its overall industry.
Next quarter’s sales forecast for QBTS is $4.36M with a range of $3.23M to $7.40M. The previous quarter’s sales results were $3.08M. QBTS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 53.85% of the time in the same period. In the last calendar year QBTS has Performed in-line its overall industry.

QBTS Stock Forecast FAQ

What is QBTS’s average 12-month price target, according to analysts?
Based on analyst ratings, D-Wave Quantum’s 12-month average price target is 35.73.
    What is QBTS’s upside potential, based on the analysts’ average price target?
    D-Wave Quantum has 84.67% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is QBTS a Buy, Sell or Hold?
          D-Wave Quantum has a consensus rating of Strong Buy which is based on 15 buy ratings, 1 hold ratings and 0 sell ratings.
            What is D-Wave Quantum’s price target?
            The average price target for D-Wave Quantum is 35.73. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $43.00 ,the lowest forecast is $22.00. The average price target represents 84.67% Increase from the current price of $19.35.
              What do analysts say about D-Wave Quantum?
              D-Wave Quantum’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
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