In recent stock market news, Benchmark analyst David Williams has made significant adjustments to his outlook on D-Wave Quantum (QBTS, Financial). On May 12, 2025, Williams announced an increase in the price target for QBTS, raising it from $8.00 USD to $14.00 USD.
The new price target represents a 75% increase, signaling strong confidence in the potential growth of D-Wave Quantum. Despite the raised price target, the analyst continues to maintain a 'Buy' rating for QBTS, reflecting a positive sentiment towards the company's future performance.
This update on QBTS is noteworthy for investors and stakeholders, highlighting continued optimism from industry experts in D-Wave Quantum's market prospects.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for D-Wave Quantum Inc (QBTS, Financial) is $12.60 with a high estimate of $13.00 and a low estimate of $12.00. The average target implies an upside of 13.62% from the current price of $11.09. More detailed estimate data can be found on the D-Wave Quantum Inc (QBTS) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, D-Wave Quantum Inc's (QBTS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for D-Wave Quantum Inc (QBTS, Financial) in one year is $0.85, suggesting a downside of 92.34% from the current price of $11.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the D-Wave Quantum Inc (QBTS) Summary page.
