IonQ and Hyundai Collaboration: IonQ and Hyundai have made significant progress in using quantum systems to model chemical reactions, employing a hybrid method that enhances precision in calculating atomic forces, which can benefit industries like energy and drug design.
Formation of Q-Alliance in Italy: D-Wave Quantum and IonQ have established the Q-Alliance in Italy to create a powerful quantum hub, aiming to connect research, business, and public agencies, while also training engineers to enhance the local quantum workforce.
New Quantum Systems in Europe: D-Wave has signed a deal to install a new Advantage2 system in Switzerland, while IBM has launched Europe’s first Quantum System Two in Spain, both contributing to the growth of quantum research and technology in the region.
Training Initiatives by Qilimanjaro: Qilimanjaro Quantum Tech has partnered with QURECA Ltd. to develop global training programs for analog and hybrid quantum computing, including workshops and online courses to bridge the gap between research and practical application.
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
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 Buy
0 Hold
0 Sell
Strong Buy
Current: 27.430
Low
35.00
Averages
40.67
High
48.00
Current: 27.430
Low
35.00
Averages
40.67
High
48.00
Rosenblatt
Rosenblatt
Buy
maintain
$40 -> $43
2026-01-09
Reason
Rosenblatt
Rosenblatt
Price Target
$40 -> $43
AI Analysis
2026-01-09
maintain
Buy
Reason
Rosenblatt raised the firm's price target on D-Wave Quantum to $43 from $40 and keeps a Buy rating on the shares. The company executed a "one-two punch" with a $550M acquisition and technical breakthrough, the analyst tells investors in a research note. The firm believes D-Wave "significantly strengthened" its long-term position with demonstrating on-chip cryogenic control. The Quantum Circuits deal secures "superior" error correction capabilities, adds Rosenblatt.
Wedbush
Outperform
initiated
$35
2025-12-17
Reason
Wedbush
Price Target
$35
2025-12-17
initiated
Outperform
Reason
Wedbush initiated coverage of D-Wave Quantum with an Outperform rating and $35 price target. While still in its infancy, the firm sees broad commercial adoption as being the next major catalyst for the industry and for D-Wave in particular since its annealing systems are ready for commercial use today. The combination of D-Wave's large addressable market and significant real-world benefits from optimization that can be applied across many industries and verticals, coupled with expected energy efficiencies, make D-Wave Quantum a compelling investment, Wedbush argues.
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Jefferies
NULL -> Buy
initiated
$45
2025-12-16
Reason
Jefferies
Price Target
$45
2025-12-16
initiated
NULL -> Buy
Reason
Jefferies initiated coverage of D-Wave Quantum with a Buy rating and $45 price target. The company is positioned to benefit from ecosystem tailwinds that are lifting sentiment and usage across quantum architectures, the analyst tells investors in a research note. The firm says that with Advantage2 commercially available via Leap, these catalysts translate into customer education, bigger experimentation budgets, and pilots that feed the annealing funnel.
Mizuho
Outperform
initiated
$46
2025-12-11
Reason
Mizuho
Price Target
$46
2025-12-11
initiated
Outperform
Reason
Mizuho initiated coverage of D-Wave Quantum with an Outperform rating and $46 price target. The firm sees the company "driving a dual track" to annealing and gate model with potential for acquisitions. D-Wave is a "dominant" quantum annealing player in the near-term emerging optimization market, the analyst tells investors in a research note.
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.
