Key Takeaways:
- D-Wave Quantum reports impressive Q1 2025 revenue, driven by strategic product sales.
- Analysts project a moderate upside in stock price with "Outperform" status.
- GF Value indicates a potential overvaluation, advising careful consideration for investors.
D-Wave Quantum (QBTS, Financial) has announced a milestone in its financial journey with record-breaking revenue of $15 million for the first quarter of 2025. This notable achievement is largely attributed to the successful sale of its first Advantage system. Moreover, the company boasts a gross profit of $13.9 million, translating to a commendable gross margin of 92.5%. As part of its commitment to innovation, D-Wave Quantum is on track to release the Advantage2 system by the end of the second quarter of 2025.
Wall Street Analysts Forecast
According to projections from five analysts, D-Wave Quantum Inc (QBTS, Financial) is expected to reach an average price target of $9.90 within a year, with estimates ranging from a high of $12.00 to a low of $8.50. This suggests a potential upside of 3.22% from its current price of $9.59. Investors can explore more detailed estimate data on the D-Wave Quantum Inc (QBTS) Forecast page.
The consensus from five brokerage firms classifies D-Wave Quantum's (QBTS, Financial) average brokerage recommendation as 2.0, indicating an "Outperform" status. The rating scale spans from 1, indicating a Strong Buy, to 5, reflecting a Sell.
However, using GuruFocus estimates, the projected GF Value for D-Wave Quantum Inc (QBTS, Financial) in one year stands at $0.85, hinting at a significant downside of 91.14% from its current price of $9.5913. This valuation metric is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated by assessing historical trading multiples alongside past business growth and future performance estimates. For a deeper dive, investors are encouraged to visit the D-Wave Quantum Inc (QBTS) Summary page.
