D-Wave Quantum's stock has fallen nearly 40% in 2026 after missing revenue estimates and rising costs, with second-quarter revenue down 23.63% from expectations. Despite this, Rosenblatt Securities analyst John McPeake maintains a bullish price target of $43, implying a 172% upside by 2027, based on D-Wave's leadership in commercial annealing quantum systems and growing customer bookings. The company's future hinges on successful fourth-quarter deliveries and revenue growth from its annealing systems, while significant gate-model revenue is not expected until 2032. Investors should watch the upcoming quarter closely as it will test the viability of the optimistic price target.
D-Wave Quantum (QBTS) trades at USD 15.43 on Pluang as of Oct 07, 2026 18:12 WIB, down 2.28% for the day and well below its 52-week high of USD 44.78. Despite the recent stock drop and a market cap of $5.99 billion, Pluang investors show a 66% buy order activity, indicating ongoing interest. This contrasts with Quantum Computing Inc (QUBT), which trades at USD 7.79, down 0.89%, but with a stronger 98% buy order activity on Pluang. The current trading dynamics provide a backdrop to the analyst's bullish outlook on D-Wave's future.
