
QBTS Stock Forecast & Price Target
QBTS Analyst Ratings
Bulls say
D-Wave Quantum Inc. has demonstrated a significant improvement in gross margin, which rose to 93.6% from 73% quarter-over-quarter, driven by a margin-accretive full system sale. The company's commitment to research and development, alongside an 18% increase in operating expenses to $20.1 million, reflects a strategic investment in its go-to-market initiatives and positions D-Wave for future growth. Furthermore, the advancements in error mitigation techniques on the 1,200-qubit prototype are anticipated to considerably enhance the performance of their A2 general availability system, indicating a technological edge in the evolving quantum computing market.
Bears say
The financial outlook for D-Wave Quantum Inc. is negatively influenced by the company's history of unprofitability and substantial cash burn, raising concerns about its ability to secure additional funding without diluting existing shareholders. The company operates in a rapidly developing quantum computing market where technological performance and competitive dynamics remain uncertain, potentially undermining its valuation and share price projections. Furthermore, risks associated with market preference favoring competing hardware approaches and volatility from lock-up expirations add to the challenges facing the company's financial stability and growth prospects.
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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