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D-Wave Quantum - QBTS Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.80
  • Forecasted Upside: 84.21%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$1.52 As of 04/24/2024 06:45 PM ET
▼ -0.03 (-1.94%)

This chart shows the closing price for QBTS by one month, three months, or twelve months.

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Analyst Price Target for QBTS

Analyst Price Target is $2.80
▲ +84.21% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for D-Wave Quantum in the last 3 months. The average price target is $2.80, with a high forecast of $4.00 and a low forecast of $2.00. The average price target represents a 84.21% upside from the last price of $1.52.

This chart shows the closing price for QBTS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 5 contributing investment analysts is to buy stock in D-Wave Quantum. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/8/2024Needham & Company LLCInitiated CoverageBuy$2.50Low
4/2/2024BenchmarkBoost TargetBuy ➝ Buy$2.00 ➝ $4.00Low
4/1/2024Roth MkmBoost TargetBuy ➝ Buy$2.00 ➝ $3.00Low
4/1/2024Craig HallumBoost TargetBuy ➝ Buy$1.75 ➝ $2.50Low
1/25/2024Roth MkmLower TargetBuy ➝ Buy$2.00Low
11/14/2023BenchmarkLower TargetBuy ➝ Buy$4.00 ➝ $2.00Low
11/10/2023Piper SandlerLower TargetOverweight ➝ Overweight$3.00 ➝ $2.00Low
9/21/2023Roth MkmReiterated RatingBuy ➝ Buy$5.00Low
8/15/2023BenchmarkReiterated RatingBuy ➝ Buy$4.00Low
4/17/2023Roth MkmLower TargetBuy$10.00 ➝ $2.00N/A
4/17/2023BenchmarkLower TargetBuy$4.00 ➝ $2.00Low
1/24/2023BenchmarkLower TargetBuy$9.00 ➝ $4.00Low
11/10/2022Roth CapitalLower Target$20.00 ➝ $10.00Low
11/10/2022Piper SandlerLower Target$12.00 ➝ $6.00Low
10/19/2022Piper SandlerInitiated CoverageOverweight$12.00Low
8/31/2022Westpark CapitalInitiated CoverageBuyLow
8/30/2022Roth CapitalInitiated CoverageBuy$20.00Low
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.23 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2023
  • 9 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
10/27/2023
  • 10 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2023
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2023
  • 11 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 9 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2024
  • 6 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 3 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 3 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

D-Wave Quantum logo
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.
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Today's Range

Now: $1.52
Low: $1.46
High: $1.64

50 Day Range

MA: $1.86
Low: $1.38
High: $2.35

52 Week Range

Now: $1.52
Low: $0.40
High: $3.20

Volume

3,392,328 shs

Average Volume

4,063,234 shs

Market Capitalization

$245.75 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.9

Frequently Asked Questions

What sell-side analysts currently cover shares of D-Wave Quantum?

The following sell-side analysts have issued stock ratings on D-Wave Quantum in the last twelve months: Benchmark Co., Craig Hallum, Needham & Company LLC, Piper Sandler, and Roth Mkm.
View the latest analyst ratings for QBTS.

What is the current price target for D-Wave Quantum?

5 Wall Street analysts have set twelve-month price targets for D-Wave Quantum in the last year. Their average twelve-month price target is $2.80, suggesting a possible upside of 84.2%. Benchmark Co. has the highest price target set, predicting QBTS will reach $4.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $2.00 for D-Wave Quantum in the next year.
View the latest price targets for QBTS.

What is the current consensus analyst rating for D-Wave Quantum?

D-Wave Quantum currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe QBTS will outperform the market and that investors should add to their positions of D-Wave Quantum.
View the latest ratings for QBTS.

What other companies compete with D-Wave Quantum?

Other companies that are similar to D-Wave Quantum include Park City Group, 8X8, Tucows, Ooma and trivago. Learn More about companies similar to D-Wave Quantum.

How do I contact D-Wave Quantum's investor relations team?

D-Wave Quantum's physical mailing address is 382 NE 191 STREET SUITE 24148, MIAMI FL, 33179. The company's listed phone number is 604-630-1428 and its investor relations email address is [email protected]. The official website for D-Wave Quantum is www.dwavesys.com. Learn More about contacing D-Wave Quantum investor relations.