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D-Wave Quantum Is Down 70% From Its High. Here’s What the Stock Could Do by 2030
D-Wave Quantum (QBTS) has seen its stock price drop significantly by 70% from its 52-week high, creating a divided market outlook. While the company reported a Q4 revenue miss and ongoing losses, bulls highlight a bookings surge in January 2026 and significant deals, including a $20 million system sale and a $10 million QCaaS contract. Analysts maintain a bullish stance with a mean price target of $37.40, and TIKR’s model projects a mid-case target of $22.14 by 2030, emphasizing strong revenue CAGR and gross margins, with Q1 2026 results being crucial for commercial inflection validation.