Analysts Back D-Wave Quantum With 4 Buy Ratings and $40 Median Target
Updated
Updated · Quiver Quantitative · May 27
Analysts Back D-Wave Quantum With 4 Buy Ratings and $40 Median Target
3 articles · Updated · Quiver Quantitative · May 27
Ten analyst price targets tracked over the past six months put D-Wave Quantum's median target at $40, with recent May 13 targets ranging from $29 to $43.
Four firms — Needham, Rosenblatt, Wedbush and Mizuho — carry bullish ratings on QBTS, while the report lists no sell ratings.
That optimism contrasts with weak recent fundamentals: D-Wave reported just $2.9 million in Q1 2026 revenue, down 80.95% from a year earlier.
Trading data also show mixed conviction around the stock, with insiders logging 21 open-market sales and no purchases in six months, while institutional investors were split between 255 adding positions and 300 cutting them.
With executives dumping $45M in stock and revenue plunging 81%, is D-Wave's quantum dream just Wall Street hype?
As US funds flow into D-Wave, are insiders cashing out on taxpayer-fueled optimism before delivering real results?
D-Wave's bookings soared 2,000% while revenues collapsed. Is this a massive turnaround or just accounting magic?