
QBTS Stock Forecast & Price Target
QBTS Analyst Ratings
Bulls say
D-Wave Quantum Inc. is positioned as a leader in the commercial quantum computing sector, evidenced by guidance for Q1 2025 revenue to reach approximately $10 million, primarily from its first system sale. The company's successful delivery of its first Advantage2 quantum computer and a remarkable 7-fold increase in bookings suggest a robust pipeline for future revenue growth and increased customer adoption. Furthermore, with a healthy gross margin of 73% and enhancements in their quantum processors, D-Wave's focus on practical quantum applications and an efficient go-to-market strategy supports a positive outlook for ongoing financial performance.
Bears say
D-Wave Quantum Inc. reported fourth-quarter revenue of $2.3 million, reflecting a quarterly increase but a year-over-year decline of 21%, which signals potential difficulties in sustaining growth amid delayed quantum technology adoption. The company faces projected losses over several years, with a Non-GAAP EBITDA loss for fiscal year 2025 now estimated at $53.3 million, indicating worsening financial health. In addition, the risk of shareholder dilution looms due to possible funding needs, compounded by increasing operational expenses and potential shortfalls in revenue expectations.
This aggregate rating is based on analysts' research of D-Wave Quantum Inc and is not a guaranteed prediction by Public.com or investment advice.
QBTS Analyst Forecast & Price Prediction
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