On June 18, 2025, Benchmark analyst David Williams reaffirmed his Buy rating on D-Wave Quantum (QBTS, Financial). While maintaining the "Buy" rating, the analyst significantly increased the target price for QBTS shares.
The new price target set by Benchmark is USD 20.00, up from the previous target of USD 14.00. This change represents a 42.86% increase from the prior price target.
The decision to adjust the price target reflects increased confidence in D-Wave Quantum's (QBTS, Financial) future performance and potential market growth.
Investors in D-Wave Quantum (QBTS, Financial) should note the favorable outlook from Benchmark as a positive signal for the company's stock 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 $15.20 with a high estimate of $20.00 and a low estimate of $12.00. The average target implies an downside of 4.64% from the current price of $15.94. 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 84.63% from the current price of $15.94. 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.
