D-Wave Quantum Inc. stock declines amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 08 Jan 26
D-Wave Quantum Inc. shares fell by 5.03% as the stock crossed below its 5-day SMA, reflecting a challenging trading environment.
This decline occurs amid broader market weakness, with the Nasdaq-100 down 0.67% and the S&P 500 down 0.05%. The stock's movement suggests sector rotation as investors reassess their positions in the quantum computing sector, despite recent positive developments in the industry.
The implications of this price movement highlight the volatility in the quantum computing market, where investor sentiment can shift rapidly. D-Wave's recent acquisition of Quantum Circuits for $550 million is a significant step in enhancing its capabilities, but the market's reaction indicates a cautious approach from investors.
Analyst Views on QBTS
Wall Street analysts forecast QBTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QBTS is 40.67 USD with a low forecast of 35.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 24.970
Low
35.00
Averages
40.67
High
48.00
Current: 24.970
Low
35.00
Averages
40.67
High
48.00
About QBTS
D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
