Golden State has sucked so far this season ... but Baron Davis tells TMZ Sports it's way too early to put a dagger in the Warriors just yet.
Steph Curry and co. have clearly felt the absence of Kevin Durant and Klay Thompson through 2 games ... losing to the Clippers and Thunder by a combines 47 points.
In fact, Draymond Green summed up his evaluation of the team after Sunday night's loss, saying "we f**king suck right now."
But, Davis -- who played for the Dubs from 2004-2008 -- says all talk of a dethroning is premature.
"I wouldn't count them out ... it's too early," Davis told us at Petite Taqueria in West Hollywood.
"Always judge a team after the first 20 games. After 20 games, you'll know where everybody stand and where they going."
FYI -- the team's biggest free agency acquisition, D'Angelo Russell, had just 6 points in the Warriors' loss to Oklahoma City after getting ejected in the 3rd quarter.
Head coach Steve Kerr has also said there's a chance Klay doesn't come back from his ACL injury this season ... so things aren't looking great at the moment.
But, like Baron said, Dubs fans ... 18 more games, THEN you can panic.