Will QBTS's Q4 2024 results change analyst recommendations?
4/12/2025 03:22pm
**D-Wave Quantum's (QBTS) Q4 2024 results are unlikely to change analyst recommendations** based on the current consensus and the estimated financial figures for the quarter.
1. **Current Analyst Sentiment**: The consensus rating for QBTS is a "Strong Buy" with an average analyst price target of $9.38. This indicates that analysts have a positive outlook on the stock and do not see any immediate need for a recommendation change.
2. **Q4 2024 Financial Estimates**: The estimated EPS for QBTS in Q4 2024 is -$0.08, and the estimated revenue is $2.51 million. These figures are not likely to significantly alter the analysts' views since the revenue estimate is relatively modest, and the negative EPS does not necessarily indicate a fundamental issue with the company's prospects.
In conclusion, the Q4 2024 results of D-Wave Quantum are not expected to change the analyst recommendations due to the positive consensus and the financial estimates being in line with the analysts' expectations.