D-Wave Quantum Inc.

New York Stock Exchange
Slightly Bullish +25

D-Wave Quantum (QBTS) Stock Forecast & Price Target (2026)

📈 QBTS trades at $17.11 with a Wall Street consensus price target of $36.00, implying over 110% upside potential.

🚀 Revenue estimates show significant acceleration, projecting a 90% year-over-year growth to approximately $63.7 million for the next fiscal year.

⚠️ Insiders have sold over $155 million worth of stock, significantly outweighing minimal purchases, indicating potential lack of confidence in near-term prospects.

💸 The company continues to report substantial net losses with a negative profit margin and a price-to-sales ratio of 540.49.

📉 QBTS trades below its 50-day moving average of $18.32, while the RSI is at 48 in neutral territory.

🔮 CleaRank simulations project a base case price near $23.59 by 2030 and a bull case reaching nearly $169,368 by 2036.

Bullish Signals
  • Wall Street analysts maintain a consensus 'Buy' rating with a median price target of $36.00, implying over 110% upside from the current trading price.
  • Forward-looking revenue estimates show significant acceleration, projecting next year's revenue to grow by 90% year-over-year to approximately $63.7 million.
Risk Factors
  • Insiders have sold over $155 million worth of stock, significantly outweighing minimal purchases, indicating a potential lack of confidence in near-term prospects.
  • The company continues to report substantial net losses with a negative profit margin and operates at a price-to-sales ratio of 540.49, far exceeding the sector median.
Full Analysis
As of September 19, 2026, D-Wave Quantum Inc. (QBTS) is trading at $17.11, with Wall Street analysts maintaining a consensus 'Buy' rating and a median price target of $36.00, implying over 110% upside potential. The stock currently trades below its 50-day moving average of $18.32, while the Relative Strength Index (RSI) sits at 48, indicating neutral momentum. Forward-looking revenue estimates project significant acceleration for QBTS, with next year's revenue expected to grow by 90% year-over-year to approximately $63.7 million. However, the company continues to report substantial net losses and operates with a negative profit margin, reflected in a price-to-sales ratio of 540.49, which far exceeds the sector median. Insider trading activity presents a mixed signal for QBTS investors, as insiders have sold over $155 million worth of stock, significantly outweighing minimal purchases, which may indicate a lack of confidence in near-term prospects. Meanwhile, CleaRank's 10-year Monte Carlo simulations project the stock could reach approximately $23.59 by 2030 in the base case, with a bull case scenario projecting growth to nearly $169,368 by 2036.