In recent news, Benchmark analyst David Williams has maintained his "Buy" rating for D-Wave Quantum (QBTS, Financial), a company known for its advancements in quantum computing technology. The analyst has also raised the company's price target significantly.
The price target for D-Wave Quantum (QBTS, Financial) has been adjusted from a prior value of USD 14.00 to a new value of USD 20.00. This adjustment reflects a notable increase of 42.86%, indicating a positive outlook for the company's stock performance in the coming months.
The decision to maintain the "Buy" rating, coupled with the upward revision of the price target, suggests confidence in D-Wave Quantum's (QBTS, Financial) potential for growth and its competitive positioning within the market. Investors may find this development encouraging as it highlights the company's promising prospects in the rapidly evolving field of quantum computing.
The updated price target and maintained rating are effective as of June 17, 2025, providing market participants with an informed perspective on D-Wave Quantum's (QBTS, Financial) stock trajectory.
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 $13.80 with a high estimate of $18.00 and a low estimate of $12.00. The average target implies an downside of 10.62% from the current price of $15.44. 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 $2.45, suggesting a downside of 84.13% from the current price of $15.44. 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.
