QBTS
Q3 2026 EPS Estimate
$-0.08
Aug 6, 2026 · Reports before open
Revenue Estimate
$4M

Analyst Sentiment

Wall St. Consensus
Buy
13 analysts·Moderate coverage
75
Score
13 Buy (100%)0 Hold (0%)0 Sell (0%)
Rating Breakdown
Strong Buy
00%
Buy
13100%
Hold
00%
Sell
00%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$22.00
-3.3%
Consensus
$35.00
+53.8%
Bull
$41.00
+80.1%
12-Month Target Range13 analysts
$22.00$35.00$41.00
Current $22.76Consensus
Current Price
$22.76
Upside to Consensus
$12.24

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+100.46%
EPS
FY2028
Rev+67.28%
EPS
FY2029
Rev+87.96%
EPS
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028EFY2029EFY2030E
Revenue Avg$43M$86M$143M$270M$428M
Low$37M$52M$100M$188M$298M
High$47M$135M$217M$408M$648M
EBITDA Avg$-43M$-86M$-143M$-270M$-428M
Low$-47M$-135M$-217M$-408M$-648M
High$-37M$-52M$-100M$-188M$-298M
EBIT Avg$-43M$-86M$-143M$-270M$-428M
Low$-47M$-135M$-217M$-408M$-648M
High$-37M$-52M$-100M$-188M$-298M
Net Income Avg$-89M$-92M$-121M$-87M$-34M
Low$-129M$-156M$-202M$-146M$-56M
High$-49M$-28M$-73M$-53M$-20M
EPS Avg$-0.30$-0.37$-0.38$-0.27$-0.10
Low$-0.40$-0.49$-0.63$-0.45$-0.17
High$-0.15$-0.09$-0.23$-0.16$-0.06
Analysts (Rev / EPS)10 / 89 / 83 / 74 / 64 / 6
Quarterly
MetricQ2 2026Q3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027Q1 2028
Revenue Avg$4M$14M$22M$15M$17M$25M$29M$21M
Low$3M$12M$13M$9M$10M$15M$17M$13M
High$7M$17M$34M$23M$26M$40M$45M$33M
EBITDA Avg$-4M$-14M$-22M$-15M$-17M$-25M$-29M$-21M
Low$-7M$-17M$-34M$-23M$-26M$-40M$-45M$-33M
High$-3M$-12M$-13M$-9M$-10M$-15M$-17M$-13M
EBIT Avg$-4M$-14M$-22M$-15M$-17M$-25M$-29M$-21M
Low$-7M$-17M$-34M$-23M$-26M$-40M$-45M$-33M
High$-3M$-12M$-13M$-9M$-10M$-15M$-17M$-13M
Net Income Avg$-33M$-30M$-28M$-37M$-35M$-32M$-31M$-35M
Low$-37M$-45M$-48M$-65M$-61M$-56M$-54M$-62M
High$-25M$-19M$-13M$-18M$-17M$-15M$-15M$-17M
EPS Avg$-0.09$-0.08$-0.08$-0.10$-0.10$-0.09$-0.08$-0.10
Low$-0.10$-0.12$-0.13$-0.18$-0.17$-0.15$-0.15$-0.17
High$-0.07$-0.05$-0.04$-0.05$-0.05$-0.04$-0.04$-0.05
Analysts (Rev / EPS)10 / 810 / 85 / 65 / 35 / 55 / 35 / 64 / 4

Earnings Surprises

Recent Analyst Actions

Jun 15, 2026Mizuho Securities
D-Wave Quantum Inc. (QBTS) PT Raised to $35 at Mizuho
Target:$35.00
+49.8%from $23.37
Jun 2, 2026Stifel Nicolaus
D-Wave Quantum (QBTS) Reiterated at Buy by Stifel After Investor Day
Target:$35.00
+19.9%from $29.18
May 13, 2026Canaccord Genuity
D-Wave Quantum price target lowered to $41 from $43 at Canaccord
Target:$41.00
+83.5%from $22.34
May 13, 2026Mizuho Securities
D-Wave Quantum price target lowered to $29 from $31 at Mizuho
Target:$29.00
+29.8%from $22.34
Apr 20, 2026Northland Securities
D-Wave Quantum initiated with a Market Perform at Northland
Target:$22.00
+1.5%from $21.67
Jan 29, 2026Canaccord Genuity
D-Wave Quantum price target raised to $43 from $41 at Canaccord
Target:$43.00
+72.1%from $24.98
Dec 17, 2025Wedbush
D-Wave Quantum initiated with an Outperform at Wedbush
Target:$35.00
+37.2%from $25.51
Dec 16, 2025Jefferies
D-Wave Quantum initiated with a Buy at Jefferies
Target:$45.00
+89.7%from $23.72
Dec 11, 2025Mizuho Securities
D-Wave Quantum initiated with an Outperform at Mizuho
Target:$46.00
+71.6%from $26.80
Dec 3, 2025Evercore ISI
D-Wave Quantum initiated with an Outperform at Evercore ISI
Target:$44.00
+95.6%from $22.50
Nov 10, 2025Williams Trading
D-Wave Quantum Inc. (QBTS) PT Raised to $35 at Benchmark
Target:$35.00
+20.1%from $29.15
Nov 7, 2025Cantor Fitzgerald
D-Wave Quantum Inc. (QBTS) PT Raised to $40 at Cantor Fitzgerald
Target:$40.00
+42.6%from $28.06
Nov 6, 2025Roth Capital
D-Wave Quantum price target lowered to $40 from $50 at Roth Capital
Target:$40.00
+40.9%from $28.39
Oct 15, 2025Roth Capital
D-Wave Quantum price target raised to $50 from $20 at Roth Capital
Target:$50.00
+13.7%from $43.96
Aug 4, 2025Stifel Nicolaus
Stifel starts 'pioneering' quantum computing company' D-Wave with a Buy
Target:$26.00
+51.3%from $17.18
Jun 18, 2025Williams Trading
D-Wave Quantum price target raised to $20 from $14 at Benchmark
Target:$20.00
+27.3%from $15.71
Aug 13, 2024Roth Capital
D-Wave Quantum price target lowered to $2 from $3 at Roth MKM
Target:$2.00
+123.2%from $0.90
Apr 8, 2024Needham
Needham Starts D-Wave Quantum Inc. (QBTS) at Buy
Target:$2.50
+33.0%from $1.88
Apr 1, 2024Craig-Hallum
D-Wave Quantum Inc. (QBTS) PT Raised to $2.50 at Craig-Hallum, 'view the risk/reward to be improving'
Target:$2.50
+28.9%from $1.94
Aug 15, 2023Williams Trading
D-Wave's Q2 Results Highlight Robust Growth, Promising Quantum Computing Trajectory
Target:$4.00
+170.3%from $1.48
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.