QBTS Price Prediction Next Week
Analysis and Insights
To predict the stock price of D-Wave Quantum (QBTS) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The stock is currently trading at $8.57 as of the latest data. Key technical indicators include:
- RSI (14): 53.80, indicating the stock is not oversold.
- MACD: Positive but with a weak signal line, suggesting limited upward momentum.
- Fibonacci Levels: The stock is near the pivot point of $8.39, which could act as a support or resistance level.
News Sentiment and Recent Developments:
- Positive News: D-Wave introduced a new blockchain tool aimed at enhancing security and efficiency in crypto operations, showcasing innovation and practical applications.
- Negative News: The stock dropped over 25% after announcing a share sale, raising concerns about dilution.
- Analyst Sentiment: Despite the drop, QBTS has a "Strong Buy" rating with an average price target of $9.63, suggesting a 15.19% upside potential.
Price Prediction and Recommendation:
Based on the analysis, QBTS is expected to trade in the range of $8.00 to $10.00 next week. The stock may test the lower end of this range but could rebound if positive news emerges.
Recommendation:
Buy if the stock approaches the lower end of the range ($8.00) with a target price of $9.50.
QBTS Similar Chart Price Prediction
The price of QBTS is predicted to go up -2.27%, based on the high correlation periods with PNBK. The similarity of these two price pattern on the periods is 96.88%.
QBTS
PNBK
Down: -2.27%Similarity: 96.88%
QBTS Revenue Forecast
QBTS EPS Forecast
QBTS FAQs
What is QBTS revenue forecast for next quarter？
What is QBTS eps forecast for next quarter？
QBTS Analyst's Forecast
Suji Desilva
Roth MKM
Strong Buy
2025-03-14
Price Target
$7 → $10
Downside
-1.48%
Roth MKM analyst Suji Desilva raised the firm's price target on D-Wave Quantum to $10 from $7 and keeps a Buy rating on the shares after its Q4 results and guidance. The company is driving revenue and booking opportunities while leveraging its growing sales effort to penetrate key vertical opportunities, the analyst tells investors in a research note. Roth adds it is encouraged by D-Wave's growing backlog and opportunity to diversify into hardware sales beyond core QCaaS quantum cloud services.
Craig Ellis
B. Riley Securities
Strong Buy
2025-03-14
Price Target
$11 → $12
Upside
+18.23%
Craig Ellis
B. Riley Securities
Strong Buy
2025-02-14
Price Target
$9 → $11
Upside
+72.68%
