
QBTS Stock Forecast & Price Target
QBTS Analyst Ratings
Bulls say
D-Wave Quantum Inc. has demonstrated strong growth potential, with a projected first quarter 2025 revenue of approximately $10 million, largely driven by its inaugural system sale. The company has successfully shipped its first Advantage2 quantum computer to a customer, resulting in a significant 7x increase in bookings ahead of anticipated revenue recognition. Furthermore, D-Wave's healthy gross margin of 73% and commitment to expanding its technology offerings in commercial quantum applications suggest a promising trajectory for revenue growth and customer adoption.
Bears say
D-Wave Quantum Inc. reported 4Q24 revenue of $2.3 million, reflecting a 21% decline year-over-year and highlighting concerns over the pace of quantum adoption and its impact on sales growth. The company is projected to incur significant losses, with a Non-GAAP EBITDA loss anticipated to reach $53.3 million for FY25, which is worse than previous estimates, indicating potential for increasing operational expenses without sufficient revenue growth. Additionally, the risk of shareholder dilution through secondary offerings looms due to prolonged losses, further contributing to a negative financial outlook.
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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