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

Tip Ranks
2025.11.12 11:16
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Rosenblatt Securities has maintained a Buy rating for D-Wave Quantum (QBTS) with a price target of $40.00, while the stock closed at $28.99. The overall analyst consensus is a Strong Buy with an average price target of $39.09, indicating a potential upside of 34.84%. Benchmark Co. also supports this with a Buy rating and a $35.00 price target.

In a report released yesterday, John McPeake from Rosenblatt Securities reiterated a Buy rating on D-Wave Quantum, with a price target of $40.00. The company’s shares closed yesterday at $28.99.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for D-Wave Quantum with a $39.09 average price target, which is a 34.84% upside from current levels. In a report released on November 10, Benchmark Co. also maintained a Buy rating on the stock with a $35.00 price target.