QBTS Stock Forecast & Price Target

D-Wave Quantum Inc. is positioned for strong growth due to its dual platform strategy that effectively combines annealing and gate-model quantum computing, thereby doubling its total addressable market (TAM) and enhancing long-term revenue potential. The company has seen improved cash reserves and a robust pipeline for on-premises demand, indicating an uplift in customer adoption and revenue growth driven by practical quantum applications across diverse industries. Furthermore, with advancements in superconducting gate model technology and a refined go-to-market strategy, D-Wave is expected to accelerate sales deployment and achieve meaningful upside in stock appreciation over the next twelve months.

The financial outlook for D-Wave Quantum Inc is negatively impacted by the delayed adoption of quantum technology, which may lead to lower-than-expected sales and hinder the company's ability to scale effectively. Projections indicate sustained losses over the coming years, raising the risk of shareholder dilution through potential secondary offerings if operational expenses increase alongside slower sales growth. Additionally, setbacks in the development of gate-model technology threaten D-Wave's competitive position in the quantum computing market, potentially limiting revenue diversification and delaying the transition from proof-of-concept to full deployment.