D-Wave Quantum Inc. (NASDAQ:QBTS) Stock Has Consensus Price Target of $36.27 According to Brokerages

D-Wave Quantum Inc. (NASDAQ:QBTS) has received an average rating of “Moderate Buy” from the sixteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and thirteen have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $36.27.

Several research analysts have recently commented on QBTS shares. Rosenblatt Securities reissued a “buy” rating and issued a $43.00 price objective on shares of D-Wave Quantum in a research note on Friday, August 7th. Zacks Research downgraded shares of D-Wave Quantum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Canaccord Genuity Group set a $35.00 price objective on D-Wave Quantum in a research note on Thursday, August 6th. Benchmark started coverage on D-Wave Quantum in a report on Monday, July 27th. They issued a “buy” rating and a $30.00 target price for the company. Finally, Roth Capital reiterated a “buy” rating and issued a $30.00 target price on shares of D-Wave Quantum in a report on Thursday, August 6th.

Institutional Investors Weigh In On D-Wave Quantum

Several institutional investors have recently modified their holdings of QBTS. Fiduciary Financial Advisors acquired a new position in shares of D-Wave Quantum during the second quarter worth about $25,000. Ancora Advisors LLC purchased a new position in D-Wave Quantum during the second quarter worth about $39,000. Kelleher Financial Advisors purchased a new position in D-Wave Quantum during the second quarter worth about $39,000. Adirondack Trust Co. lifted its position in D-Wave Quantum by 267.3% in the third quarter. Adirondack Trust Co. now owns 1,649 shares of the company’s stock valued at $27,000 after purchasing an additional 1,200 shares during the period. Finally, Parallel Advisors LLC lifted its position in D-Wave Quantum by 545.5% in the first quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock valued at $26,000 after purchasing an additional 1,511 shares during the period. 42.47% of the stock is owned by hedge funds and other institutional investors.

D-Wave Quantum Stock Performance

Shares of QBTS stock opened at $10.65 on Wednesday. The firm’s 50 day moving average price is $15.45 and its 200-day moving average price is $19.38. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55. D-Wave Quantum has a one year low of $10.23 and a one year high of $37.62. The firm has a market cap of $3.94 billion, a P/E ratio of -15.00 and a beta of 2.18.

D-Wave Quantum (NASDAQ:QBTS) last announced its earnings results on Thursday, August 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02). D-Wave Quantum had a negative net margin of 2,001.59% and a negative return on equity of 26.67%. The firm had revenue of $3.08 million during the quarter, compared to analysts’ expectations of $4.03 million. During the same period in the previous year, the firm earned ($0.08) EPS. The firm’s revenue for the quarter was down 0.6 compared to the same quarter last year. As a group, equities research analysts predict that D-Wave Quantum will post -0.46 EPS for the current year.

D-Wave Quantum News Roundup

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: A recent investing article identified D-Wave’s quantum-powered efficiency tools as a potential growth driver, suggesting that commercial adoption could support the company’s long-term opportunity. 3 Quantum Computing Stocks to Buy Before They Soar
• Neutral Sentiment: Multiple law firms reminded shareholders that they may seek appointment as lead plaintiff in the pending D-Wave securities class action. The principal deadline is December 15, 2026, although one notice cited December 14. These announcements primarily seek investor participation and do not establish liability. Deadline Alert for D-Wave Quantum
• Negative Sentiment: The lawsuit alleges that D-Wave and certain executives made misleading statements or failed to disclose material information between February 26 and August 25, 2026. Continued legal publicity raises potential litigation, reputational and financial risks for QBTS. D-Wave Quantum Securities Fraud Class Action Notice
• Negative Sentiment: The allegations focus in part on D-Wave’s second-quarter revenue of $3.08 million, which was below analyst expectations of roughly $4.03 million to $4.08 million. The shortfall has intensified scrutiny of the company’s growth outlook, particularly given its elevated valuation and substantial losses. QBTS Securities Class Action Deadline

About D-Wave Quantum

D-Wave Quantum Inc (NASDAQ: QBTS) is a quantum computing company that develops and provides quantum computing systems, software, and related services. The company focuses on both quantum annealing and gate-model quantum computing, with the goal of helping organizations address complex optimization, artificial intelligence, materials science, cybersecurity, and other computational challenges.

Its product portfolio includes quantum computing systems, hybrid quantum-classical solutions, and the Leap quantum cloud service, which gives customers access to D-Wave systems through the cloud.