Stock of D-Wave Systems Experience Uptick - Is It Wise to Invest Currently?
D-Wave Quantum Stock Surges as Analysts Paint a Positive Outlook
D-Wave Quantum (NYSE: QBTS) saw its stock price climb by 15.6% in Wednesday's trading, following new and positive analyst coverage. This surge comes amidst an extraordinary year-to-date gain of over 1793%, with shares trading around $18.87 as of late July 2025, near all-time highs.
The report from B. Riley marked new coverage on D-Wave Quantum's stock, while Canaccord published a report early this morning, initiating coverage on the company. Both firms have contributed to the recent surge, with Canaccord initiating coverage with a buy rating and a one-year price target of $20 per share, and B. Riley maintaining a buy rating and raising its one-year price target to $22 per share.
The consensus among analysts for D-Wave Quantum's stock is broadly positive, with a consensus rating of Buy and price targets ranging approximately from $20 to $26 per share. Analysts expect the company's 2025 revenue to reach about $24.6 million, representing an 11% increase compared to the previous year, and forecast a significant reduction in losses by about 73% to around $0.24 per share.
This optimistic outlook reflects confidence in D-Wave Quantum's technology and commercial contracts. The company demonstrated strong financial performance in Q1 2025, with revenue reaching $15 million, a 509% increase year over year, and a narrowed net loss of $5.4 million compared to $17.3 million the prior year.
The potential for downside volatility in D-Wave Quantum's stock has increased due to the recent rally. However, the Federal Reserve's expected interest rate cuts could create a more favorable backdrop for growth stocks, including those in the quantum computing sector. Quantum computing stocks have experienced significant rallies in recent months, with advances in the technology potentially leading to significant leaps in artificial intelligence.
Nvidia CEO Jensen Huang has made bullish comments about quantum computing, positioning D-Wave Quantum as an early front-runner in the quantum computing space. Charting the progression and competitive dynamics in the quantum computing space involves a high degree of guesswork, but D-Wave Quantum seems to be well-positioned for continued growth and improving profitability.
Risk-tolerant investors seeking exposure to the quantum trend might find D-Wave Quantum stock a worthwhile addition. However, as with any investment, it's crucial to conduct thorough research and consider individual risk tolerance before making investment decisions.
Investors anticipate continued growth and improving profitability for D-Wave Quantum, as analysts paint a positive outlook with a consensus rating of Buy and price targets ranging from $20 to $26 per share. The surge in D-Wave Quantum's stock price can be attributed to new and positive analyst coverage, such as the buy rating and a price target of $20 per share from Canaccord. This optimistic outlook is influenced by the company's strong performance in the stock market, extraordinary year-to-date gain, and the potential impact of technology on artificial intelligence in the quantum computing sector. Thus, financially savvy individuals with a high risk tolerance might consider investing in D-Wave Quantum stock as a means to capitalize on the quantum technology trend.
