NasdaqGS · Technology · Forecast & analysis
D-Wave Quantum (QBTS) Stock Forecast & Analyst Ratings
Median target, high/low range, buy/hold/sell mix, conviction spread, and bull/base/bear scenarios from the latest analyst data.
Section freshness
Price Aug 23, 4:38 AM EDT · Statements Jun 29, 8:00 PM EDT
Forecast read
QBTS target is available; live upside math is pending.
Use this dashboard to see whether Wall Street expects QBTS to grow, stall, or drop before you dive into the raw financial data.
Price target map
QBTS currently has 23 analyst ratings tracked; a forecast target range is not yet available.
Forecast target playground
Set your own 12-month target for QBTS and compare it against current analyst coverage. 23 analyst ratings are currently tracked.
Relative move:
For scenario planning only — published analyst targets are not yet available for QBTS.
Data last updated: Aug 23, 2026, 4:38 AM EDT
Current price: Price pending · 23 ratings tracked
Median target
$37.00
Consensus
Buy
23 analysts tracked
Rating score
4.04
Analyst consensus score on 1-5 scale
Dispersion
0.69
Moderate Consensus Divergence
- High target
- $43.00
- Top active target
- Low target
- $22.00
- Lowest active target
TECHi take
QBTS consensus has a target, but the rating mix still matters.
TECHi Markets Desk · Aug 23, 2026, 4:38 AM EDT
TECHi is tracking 23 analyst ratings on D-Wave Quantum, with consensus at Buy and a rating score of 4.04. Dispersion tells you whether that consensus is broad or clustered.
The primary target is $37.00. TECHi still separates the base target from the bull and bear range because the spread is what tells investors whether analysts agree or are simply clustering around a headline number.
Use the sections below to compare the rating split, estimate revisions, and peer forecasts. When target data is available, the scenario view expands into explicit bull, base, and bear cases with the high and low targets shown below.
TECHi Signal model
Forecast math with source coverage and horizon history.
Evidence lab
Balanced watch
Dashboard score
49
/100
1 day to 10 years + strategic setup
Low confidence
46 of 76 fields are powering the model.
History progress
Past returns in Signal
Scored windows
5 Years
87/100+110.2%
+16.0% CAGR
$9.70 to $20.39
2021-08-20 to 2026-08-21
5-year progress prioritizes compounding behavior to make strategic drift visible.
1 Year
97/100+37.7%
+37.7% CAGR
$14.81 to $20.39
2025-08-21 to 2026-08-21
1-year progress blends current return with annualized context for cleaner long-cycle comparison.
Last month
96/100+19.2%
CAGR unavailable
$17.10 to $20.39
2026-07-23 to 2026-08-21
1-month progress reflects recent tape with less sensitivity than daily windows.
Last week
37/100-3.7%
CAGR unavailable
$21.17 to $20.39
2026-08-14 to 2026-08-21
1-week progress tracks short-cycle tape and can rotate meaningfully with each close cluster.
Yesterday
100/100+8.5%
CAGR unavailable
$18.80 to $20.39
2026-08-20 to 2026-08-21
1-day progress tracks latest close-to-close momentum from tape.
2 empty progress windows are hidden until enough closes exist.
A-Z factor map
Available scoring inputs
19/26 factors
7 unscored inputs are hidden until the quote stack has verified fields for them.
Balance sheet
Cash runway
Balance sheet · 83/100
Current 20.55x; cash/debt 17.73x
Method
Checks liquidity, leverage, and balance-sheet room.
Data coverage
Zero-missing risk
Data coverage · 40/100
30 missing fields
Method
Shows how much the model is relying on available fields versus placeholders.
External view
Analyst conviction
External view · 76/100
Consensus 4.04; upside unavailable; disagreement unavailable
Method
Uses consensus, target spread, target disagreement, revisions, and latest EPS surprise.
Forecast
Upside scenarios
Forecast · 59/100
Future 70/100; analyst 76/100
Method
Combines TECHi future-value signal with outside target support.
Growth
Growth pulse
Growth · 63/100
Revenue -0.6%; EPS +76.4%
Method
Compares latest YoY sales and earnings momentum.
Year-over-year proof
Growth · 54/100
1M windows 49/100; 3M windows 42/100
Method
Looks for repeated conversion from past setups into later closes.
Momentum
Jump signal
Momentum · 40/100
5D return -3.7%
Method
Captures the newest short-term price impulse.
Quality
Free cash flow
Quality · 8/100
FCF margin -265.1%; yield -0.4%
Method
Connects profit quality to cash generation and market value.
Key margins
Quality · 90/100
Gross +64.2%; operating unavailable
Method
Rewards margin breadth before assigning quality confidence.
Quality trend
Quality · 32/100
Quality composite 32/100
Method
Combines margins, returns, growth, and cash conversion.
Risk
Beta risk
Risk · 55/100
Beta 2.164
Method
Lower and steadier beta earns a stronger risk-adjusted score.
Sentiment
News tone
Sentiment · 17/100
2 headlines; unavailable
Method
Headline breadth and sentiment are capped so news does not overpower data.
Strategic
Leadership depth
Strategic · 50/100
0 named executives
Method
Adds C-suite coverage for execution visibility.
Social/developer
Strategic · 50/100
Social composite 50/100
Method
Uses verified public channels and developer gravity when available.
Technical risk
Drawdown control
Technical risk · 12/100
90D max drawdown -46.3%
Method
Scores whether recent losses stayed controlled versus the latest peak.
Technicals
RSI balance
Technicals · 76/100
RSI 14 51.9; Stoch %K 56.1
Method
Rewards constructive oscillator momentum without extreme overbought stretch.
Technical tape
Technicals · 45/100
20D +25.8%; ATR 7%; %B 0.62
Method
Blends returns, SMA/EMA crosses (below), RSI, MACD, Stochastic, Bollinger Bands, ATR, volume, volatility, and drawdown.
Validation
History depth
Validation · 100/100
1429 closes analyzed
Method
More closes improve backtest coverage and reduce thin-history risk.
Valuation
PE and PEG
Valuation · 11/100
Forward PE unavailable; PEG unavailable; EV/Sales 590.12x
Method
Penalizes expensive multiples unless growth support is visible.
Composite formula
Composite = normalized weighted sum (14% quality trend, 12% technical tape, 12% momentum, 12% track record validation, 11% future value, 10% valuation, 10% analyst/revision, 7% risk brake, 6% news sentiment, 4% leadership, 2% social/developer traction), confidence-adjusted toward neutral by input coverage^0.7 x freshness factor x missing-critical-field penalty x analyst-disagreement penalty
Strategic inputs
0 roadmap items, 0 leadership roles, 0 social/developer channels, human-impact lens unavailable.
Factual coverage
66/100 from 67/97 sourced fields, 29% live source health, and 30 missing fields.
Accuracy trail
10.9% rolling hit rate across 1078 scored signals. Hit rate is measured against subsequent price history for each horizon. Treat it as a proxy, not audited performance.
Guardrail
Buy/Hold/Sell labels are research stances. Predictive accuracy is shown beside the model and should be read with filings, risk tolerance, and current market conditions.
Bull case
No price inputUnavailable
Momentum holds, quality signals stay firm, future-product execution improves, and valuation pressure does not widen.
Base case
No price inputUnavailable
Weighted factor model using price, fundamentals, analyst, sentiment, roadmap, leadership, social traction, and risk inputs.
Stress case
No price inputUnavailable
Volatility, missing-data, valuation, and balance-sheet brakes are applied to the setup.
Horizon model
Horizon matrix
Timeframe-specific weights: trading windows lean on tape; investor windows lean on quality, valuation, and revisions; strategic windows lean on future value.
Horizon signals appear after the quote stack supplies a usable live price.
Price-direction backtest
Daily scoring history
Tests whether the model's price-derived direction matched later closes — it does not yet validate the fundamental, analyst, or sentiment factors, which need persisted daily history. Longer and multi-year horizons score once enough closes have matured.
1 Day
18.3%
219 daily scores · 5.4% avg error
Latest: Hold -0.5% vs +8.5% actual
7 Days
18.3%
213 daily scores · 13.6% avg error
Latest: Hold +0.4% vs -1.7% actual
15 Days
5.9%
205 daily scores · 19.0% avg error
Latest: Hold -0.2% vs +12.8% actual
30 Days
2.6%
190 daily scores · 25.8% avg error
Latest: Hold -1.4% vs +1.5% actual
3 Months
6.4%
157 daily scores · 29.1% avg error
Latest: Hold +1.7% vs -20.8% actual
6 Months
11.7%
94 daily scores · 25.4% avg error
Latest: Hold -2.0% vs +12.9% actual
4 horizon lanes are hidden until enough future closes mature.
7 validations appear once TECHi has tracked enough daily factor history for them.
Technical tape
Price-tested18.3%
432 samples · latest 2026-08-20
Validated daily from historical price tape: SMA, RSI, MACD, volatility, drawdown, and short returns.
Momentum setup
Price-tested9.2%
608 samples · latest 2026-08-12
Validated from rolling forward returns after trend and range-position signals.
Track record validation
Price-tested4.3%
347 samples · latest 2026-07-10
Validated from recurring positive-return windows, long-run CAGR, and earnings-surprise evidence where available.
Risk brake
Price-tested4.9%
552 samples · latest 2026-07-31
Validated as a price-history proxy: volatility, drawdown, and risk brakes are checked against later downside/upside behavior.
Analyst consensus
What the street actually thinks right now.
QBTS currently has 23 analyst entries with a live Wall Street consensus score of 4.04 (Buy).
Dispersion score: 0.69 · Moderate Consensus Divergence.
Adjusted score for spread: 3.68 · used to reduce false certainty when recommendations are split.
Consensus read: Lopsided bullish
Signal-vs-consensus divergence
QBTS current TECHi Signal stance against analyst consensus.
Consensus: 4.04 (Buy) · Signal: 2.96 (Balanced watch) · gap -1.08 on the 1-5 scale
Dispersion reliability: usable. If consensus is split, a small gap is still meaningful, while a wide gap usually means framing differences.
TECHi Signal is more cautious than consensus.
TECHi Signal can diverge from consensus on 3M+ horizons because it blends financial data, governance signals, leadership quality, and quant scores (Altman Z, ROIC, Rule of 40, FCF yield) alongside standard analyst inputs.
- Consensus
- Buy
- Rating score
- 4.04
- 1 sell to 5 strong buy scale
- Adjusted score
- 3.68
- Disciplined by disagreement
- Buy weight
- 87%
- 20 buy / strong buy
- Hold + Sell pressure
- 13%
- 3 hold + sell
Current distribution of recommendations in TECHi’s analyst dataset.
Analyst strength
Buy and strong-buy split
Buy minus sell
Analyst indecision proxy
Forecast math
The real risk and reward behind the numbers.
These numbers answer one retail-investor question: if you buy today, how much reward or risk are analysts putting on the table?
Spread & asymmetry
Bull target above the base target
Bear target below the base target
Scenario framing
What the QBTS target range actually means for each scenario.
Bull case
$43.00
Highest active analyst target. Represents the most optimistic execution scenario currently modeled by sell-side desks.
In plain English: the best-case number on the table today if everything goes perfectly.
Base case
$37.00
Median 12-month target from the latest sell-side data.
In plain English: this is the single number most analysts are clustering around right now.
Bear case
$22.00
Lowest active target. Captures the bear-case execution risk in current models — not necessarily a price the market expects to print.
In plain English: the worst-case number analysts are still publishing, even if they don’t expect it to happen.
Frequently asked
Common questions.
Is QBTS a buy?
Analysts currently rate D-Wave Quantum (QBTS) "Buy" across 23 tracked ratings (20 buy, 2 hold, and 1 sell). The primary 12-month target is $37.00. This is the reported Wall Street consensus, not personalized investment advice — review the full rating mix, dispersion, and bull/base/bear scenarios below before deciding.
What is the price target for QBTS?
The current primary QBTS target is $37.00.
What is the analyst consensus on QBTS?
QBTS's current analyst consensus is Buy across 23 tracked ratings.
What is QBTS's 12-month forecast?
The QBTS forecast page shows the available low, primary, and high 12-month targets beside scenario and risk context.
What analysis is available for QBTS?
The QBTS Forecast and Analysis page combines the fresh rating mix, target range, scenarios, catalysts, and risk context currently available for D-Wave Quantum.
Does TECHi publish its own QBTS research?
Related TECHi analyst notes appear when a reviewed report is connected to QBTS; consensus-provider data remains separately identified.