QBTS
D-Wave Quantum Inc
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
USD 20.76
Buy <=wait / entry
USD 15.33
Trim >=take some off
USD 22.00
Thesis breakA confirmed delay to the announced product roadmap disclosed in a regulatory fil...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 17% | 100 / 100 | 17.0 |
| Base case | 50% | 62 / 100 | 31.0 |
| Bear case | 33% | 10 / 100 | 3.3 |
| Weighted conviction | 51 / 100 - OPPORTUNISTIC BUY | ||
Top risks
- Missed Q2 2026 consensus EPS of -$0.08 with actual -$0.10 and revenue of $3.08M below $4.03M estimate
- CEO statement on 1,100% surge in first-half bookings
- Strong Buy ratings from 15 analysts with average 12-month price target of $35.79