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D-Wave Quantum Inc has a consensus price target of $30.67 based on the ratings of 18 analysts. The high is $45 issued by Jefferies on December 16, 2025. The low is $3 issued by WestPark Capital on August 9, 2024. The 3 most-recent analyst ratings were released by Mizuho, Rosenblatt, and B. Riley Securities on June 15, 2026, June 11, 2026, and June 2, 2026, respectively. With an average price target of $39.33 between Mizuho, Rosenblatt, and B. Riley Securities, there's an implied 61.07% upside for D-Wave Quantum Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for D-Wave Quantum (NYSE:QBTS) was reported by Mizuho on June 15, 2026. The analyst firm set a price target for $35.00 expecting QBTS to rise to within 12 months (a possible 43.32% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for D-Wave Quantum (NYSE:QBTS) was provided by Mizuho, and D-Wave Quantum maintained their outperform rating.
There is no last upgrade for D-Wave Quantum
There is no last downgrade for D-Wave Quantum.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of D-Wave Quantum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for D-Wave Quantum was filed on June 15, 2026 so you should expect the next rating to be made available sometime around June 15, 2027.
While ratings are subjective and will change, the latest D-Wave Quantum (QBTS) rating was a maintained with a price target of $29.00 to $35.00. The current price D-Wave Quantum (QBTS) is trading at is $24.42, which is out of the analyst’s predicted range.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 06/15/2026 | Buy Now | 43.32% | Mizuho | $29 → $35 | Maintains | Outperform | Get Alert |
| 06/11/2026 | Buy Now | 76.08% | Rosenblatt | $43 → $43 | Maintains | Buy | Get Alert |
| 06/02/2026 | Buy Now | 63.8% | B. Riley Securities | $36 → $40 | Maintains | Buy | Get Alert |
| 06/02/2026 | Buy Now | 63.8% | Roth Capital | $30 → $40 | Maintains | Buy | Get Alert |
| 06/02/2026 | Buy Now | 76.08% | Rosenblatt | $43 → $43 | Maintains | Buy | Get Alert |
| 06/02/2026 | Buy Now | 63.8% | Needham | $40 → $40 | Reiterates | Buy → Buy | Get Alert |
| 05/13/2026 | Buy Now | 67.89% | Canaccord Genuity | $43 → $41 | Maintains | Buy | Get Alert |
| 05/13/2026 | Buy Now | 76.08% | Rosenblatt | $43 → $43 | Maintains | Buy | Get Alert |
| 05/13/2026 | Buy Now | 63.8% | Cantor Fitzgerald | $40 → $40 | Reiterates | Overweight → Overweight | Get Alert |
| 05/13/2026 | Buy Now | 18.75% | Mizuho | $31 → $29 | Maintains | Outperform | Get Alert |
| 05/13/2026 | Buy Now | 63.8% | Needham | $40 → $40 | Reiterates | Buy → Buy | Get Alert |
| 02/27/2026 | Buy Now | 63.8% | Mizuho | $46 → $40 | Maintains | Outperform | Get Alert |
| 02/27/2026 | Buy Now | 71.99% | Evercore ISI Group | $44 → $42 | Maintains | Outperform | Get Alert |
| 02/27/2026 | Buy Now | 22.85% | Roth Capital | $40 → $30 | Maintains | Buy | Get Alert |
| 02/26/2026 | Buy Now | 63.8% | Needham | $48 → $40 | Maintains | Buy | Get Alert |
| 01/29/2026 | Buy Now | 96.56% | Needham | $48 → $48 | Reiterates | Buy → Buy | Get Alert |
| 01/28/2026 | Buy Now | 76.08% | Rosenblatt | $43 → $43 | Maintains | Buy | Get Alert |
| 01/23/2026 | Buy Now | 43.32% | Benchmark | $35 → $35 | Reiterates | Buy → Buy | Get Alert |
| 01/22/2026 | Buy Now | 96.56% | Needham | $48 → $48 | Reiterates | Buy → Buy | Get Alert |
| 01/08/2026 | Buy Now | 76.08% | Rosenblatt | $40 → $43 | Maintains | Buy | Get Alert |
| 01/07/2026 | Buy Now | 63.8% | Rosenblatt | $40 → $40 | Maintains | Buy | Get Alert |
| 12/17/2025 | Buy Now | 43.32% | Wedbush | → $35 | Initiates | → Outperform | Get Alert |
| 12/16/2025 | Buy Now | 84.27% | Jefferies | → $45 | Initiates | → Buy | Get Alert |
| 12/11/2025 | Buy Now | 88.37% | Mizuho | → $46 | Initiates | → Outperform | Get Alert |
| 12/03/2025 | Buy Now | 80.18% | Evercore ISI Group | → $44 | Initiates | → Outperform | Get Alert |
| 11/10/2025 | Buy Now | 43.32% | Benchmark | $20 → $35 | Maintains | Buy | Get Alert |
| 11/07/2025 | Buy Now | 67.89% | Canaccord Genuity | $20 → $41 | Maintains | Buy | Get Alert |
| 11/07/2025 | Buy Now | 63.8% | Cantor Fitzgerald | $20 → $40 | Maintains | Overweight | Get Alert |
| 11/07/2025 | Buy Now | 63.8% | Rosenblatt | $30 → $40 | Maintains | Buy | Get Alert |
| 09/22/2025 | Buy Now | 35.13% | B. Riley Securities | $22 → $33 | Maintains | Buy | Get Alert |
| 08/08/2025 | Buy Now | -9.91% | Piper Sandler | $13 → $22 | Maintains | Overweight | Get Alert |
| 08/05/2025 | Buy Now | 6.47% | Stifel | → $26 | Initiates | → Buy | Get Alert |
| 08/04/2025 | Buy Now | -18.1% | Benchmark | $20 → $20 | Reiterates | Buy → Buy | Get Alert |
| 07/29/2025 | Buy Now | 22.85% | Rosenblatt | → $30 | Initiates | → Buy | Get Alert |
| 07/23/2025 | Buy Now | -9.91% | B. Riley Securities | $20 → $22 | Maintains | Buy | Get Alert |
| 07/23/2025 | Buy Now | -18.1% | Canaccord Genuity | → $20 | Initiates | → Buy | Get Alert |
| 07/02/2025 | Buy Now | -18.1% | Cantor Fitzgerald | → $20 | Initiates | → Overweight | Get Alert |
| 06/18/2025 | Buy Now | -18.1% | Benchmark | $14 → $20 | Maintains | Buy | Get Alert |
| 06/18/2025 | Buy Now | -18.1% | B. Riley Securities | $13 → $20 | Maintains | Buy | Get Alert |
| 06/17/2025 | Buy Now | -18.1% | Benchmark | $14 → $20 | Maintains | Buy | Get Alert |
| 06/13/2025 | Buy Now | -26.29% | Roth Capital | $12 → $18 | Maintains | Buy | Get Alert |
| 05/21/2025 | Buy Now | -46.77% | B. Riley Securities | $12 → $13 | Reiterates | Buy → Buy | Get Alert |
| 05/12/2025 | Buy Now | -42.67% | Benchmark | $8 → $14 | Maintains | Buy | Get Alert |
| 05/09/2025 | Buy Now | -50.86% | Craig-Hallum | $9 → $12 | Maintains | Buy | Get Alert |
| 05/09/2025 | Buy Now | -46.77% | Needham | $8.5 → $13 | Maintains | Buy | Get Alert |
| 04/02/2025 | Buy Now | -65.19% | Needham | $8.5 → $8.5 | Reiterates | Buy → Buy | Get Alert |
| 03/14/2025 | Buy Now | -59.05% | Roth MKM | $7 → $10 | Maintains | Buy | Get Alert |
| 03/14/2025 | Buy Now | -50.86% | B. Riley Securities | $11 → $12 | Maintains | Buy | Get Alert |
| 03/14/2025 | Buy Now | -67.24% | Benchmark | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 03/14/2025 | Buy Now | -65.19% | Needham | $8.5 → $8.5 | Reiterates | Buy → Buy | Get Alert |
| 02/14/2025 | Buy Now | -54.96% | B. Riley Securities | $9 → $11 | Maintains | Buy | Get Alert |
| 01/14/2025 | Buy Now | -63.15% | B. Riley Securities | $4.5 → $9 | Maintains | Buy | Get Alert |
| 01/14/2025 | Buy Now | -67.24% | Benchmark | $8 → $8 | Reiterates | Buy → Buy | Get Alert |
| 12/20/2024 | Buy Now | -67.24% | Benchmark | $3 → $8 | Maintains | Buy | Get Alert |
| 12/20/2024 | Buy Now | -63.15% | Craig-Hallum | $2.5 → $9 | Maintains | Buy | Get Alert |
| 12/12/2024 | Buy Now | -71.34% | Roth MKM | $3 → $7 | Maintains | Buy | Get Alert |
| 11/25/2024 | Buy Now | -81.57% | B. Riley Securities | $3.75 → $4.5 | Maintains | Buy | Get Alert |
| 11/15/2024 | Buy Now | -90.79% | Needham | $2.25 → $2.25 | Reiterates | Buy → Buy | Get Alert |
| 08/13/2024 | Buy Now | -91.81% | Roth MKM | $3 → $2 | Maintains | Buy | Get Alert |
| 08/12/2024 | Buy Now | -87.72% | Benchmark | $4 → $3 | Maintains | Buy | Get Alert |
| 08/09/2024 | Buy Now | -87.72% | WestPark Capital | $3 → $3 | Reiterates | Buy → Buy | Get Alert |
| 08/09/2024 | Buy Now | -90.79% | Needham | $2.5 → $2.25 | Maintains | Buy | Get Alert |
| 07/25/2024 | Buy Now | -87.72% | B. Riley Securities | → $3 | Initiates | → Buy | Get Alert |
| 05/17/2024 | Buy Now | -89.76% | Needham | $2.5 → $2.5 | Reiterates | Buy → Buy | Get Alert |
| 05/14/2024 | Buy Now | -89.76% | Needham | → $2.5 | Reiterates | Buy → Buy | Get Alert |
| 04/08/2024 | Buy Now | -89.76% | Needham | → $2.5 | Initiates | → Buy | Get Alert |
| 04/02/2024 | Buy Now | -83.62% | Benchmark | $2 → $4 | Maintains | Buy | Get Alert |
| 04/01/2024 | Buy Now | -87.72% | Roth MKM | $2 → $3 | Maintains | Buy | Get Alert |
| 04/01/2024 | Buy Now | -89.76% | Craig-Hallum | $1.75 → $2.5 | Maintains | Buy | Get Alert |
| 01/25/2024 | Buy Now | -91.81% | Roth MKM | $76 → $2 | Maintains | Buy | Get Alert |
| 11/14/2023 | Buy Now | -91.81% | Benchmark | $4 → $2 | Maintains | Buy | Get Alert |
| 11/10/2023 | Buy Now | -91.81% | Piper Sandler | $3 → $2 | Maintains | Overweight | Get Alert |
| 09/21/2023 | Buy Now | -79.53% | Roth MKM | → $5 | Reiterates | Buy → Buy | Get Alert |
| 08/15/2023 | Buy Now | -83.62% | Benchmark | → $4 | Reiterates | Buy → Buy | Get Alert |
| 07/17/2023 | Buy Now | -87.72% | Benchmark | $2 → $3 | Maintains | Buy | Get Alert |