Wedbush Sticks to Their Buy Rating for D-Wave Quantum (QBTS)

In a report released yesterday, Michael Piccolo from Wedbush maintained a Buy rating on D-Wave Quantum, with a price target of $40.00.

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According to TipRanks, Piccolo is an analyst with an average return of -6.5% and a 33.33% success rate.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for D-Wave Quantum with a $41.25 average price target.

Based on D-Wave Quantum’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.74 million and a GAAP net loss of $139.99 million. In comparison, last year the company earned a revenue of $1.87 million and had a GAAP net loss of $22.71 million

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QBTS in relation to earlier this year. Most recently, in December 2025, Kirstjen Nielsen, a Director at QBTS sold 7,000.00 shares for a total of $158,340.00.