D-Wave Quantum’s (QBTS) “Buy” Rating Reiterated at Rosenblatt Securities

D-Wave Quantum (NYSE:QBTS)‘s stock had its “buy” rating reaffirmed by investment analysts at Rosenblatt Securities in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $43.00 target price on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 74.16% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Mizuho started coverage on D-Wave Quantum in a research note on Thursday, December 11th. They set an “outperform” rating and a $46.00 target price on the stock. Wall Street Zen raised shares of D-Wave Quantum from a “sell” rating to a “hold” rating in a research report on Saturday, January 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $48.00 target price on shares of D-Wave Quantum in a research report on Thursday, January 22nd. Evercore ISI began coverage on shares of D-Wave Quantum in a research note on Wednesday, December 3rd. They set an “outperform” rating and a $44.00 target price on the stock. Finally, Williams Trading set a $35.00 price target on shares of D-Wave Quantum in a research report on Monday, November 10th. Thirteen equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.07.

D-Wave Quantum Stock Performance

Shares of NYSE:QBTS opened at $24.69 on Wednesday. The company has a market cap of $8.64 billion, a price-to-earnings ratio of -18.29 and a beta of 1.57. The company has a 50-day moving average price of $26.34 and a 200-day moving average price of $24.64. The company has a current ratio of 54.68, a quick ratio of 54.49 and a debt-to-equity ratio of 0.05. D-Wave Quantum has a 12 month low of $4.45 and a 12 month high of $46.75.

D-Wave Quantum (NYSE:QBTS) last posted its earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.02. D-Wave Quantum had a negative return on equity of 97.58% and a negative net margin of 1,651.81%.The company had revenue of $3.74 million for the quarter, compared to analysts’ expectations of $3.03 million. The firm’s revenue was up 105.6% compared to the same quarter last year. As a group, equities analysts anticipate that D-Wave Quantum will post -0.41 EPS for the current year.

Insider Activity

In other D-Wave Quantum news, CEO Alan E. Baratz sold 806,288 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $28.87, for a total value of $23,277,534.56. Following the sale, the chief executive officer directly owned 2,801,265 shares of the company’s stock, valued at approximately $80,872,520.55. The trade was a 22.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Rohit Ghai sold 10,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $24.28, for a total value of $242,800.00. Following the completion of the sale, the director directly owned 37,778 shares in the company, valued at approximately $917,249.84. This represents a 20.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 2,346,916 shares of company stock worth $65,591,314. Insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new stake in shares of D-Wave Quantum during the second quarter valued at approximately $29,000. Ancora Advisors LLC bought a new position in D-Wave Quantum in the 3rd quarter valued at approximately $30,000. Financial Consulate Inc. bought a new position in D-Wave Quantum in the 3rd quarter valued at approximately $31,000. Gables Capital Management Inc. purchased a new stake in D-Wave Quantum during the 2nd quarter valued at $37,000. Finally, Kelleher Financial Advisors bought a new stake in shares of D-Wave Quantum in the 3rd quarter worth $40,000. 42.47% of the stock is owned by hedge funds and other institutional investors.

More D-Wave Quantum News

Here are the key news stories impacting D-Wave Quantum this week:

• Positive Sentiment: Florida Atlantic University agreed to purchase an Advantage2 annealing quantum computer in a $20M deal that validates large-system sales and recurring installation/service revenue. Florida Atlantic University Signs $20M Agreement
• Positive Sentiment: D-Wave disclosed a $10M commercial deal with a Fortune 100 company, signaling enterprise adoption beyond early-stage pilots. D-Wave Announces $10M Quantum Deal
• Positive Sentiment: The company announced product and technology milestones (new hybrid solver capabilities and gate-model progress) at its Qubits 2026 conference, which could expand addressable use cases and customer value. D-Wave Announces Advancements in Annealing and Gate-Model
• Positive Sentiment: D-Wave selected Boca Raton for its new U.S. HQ and R&D facility, a move highlighted alongside roughly $30M in recent deals — a signal of scaling operations and customer engagement. D-Wave Selects Boca Raton for New Corporate Headquarters
• Positive Sentiment: Partnership with Anduril and Davidson targets defense applications (air & missile defense), opening an addressable public-sector market and potential long-term contracts. Anduril, Davidson and D-Wave Collaborate
• Neutral Sentiment: The pre-market rally was widely attributed to the cluster of announcements (FAU order, enterprise deal, tech updates); media coverage amplified investor attention. What triggered QBTS stock’s pre-market rally today?
• Neutral Sentiment: Analyst/commentary pieces note D-Wave’s improving commercial traction and revenue growth vs. peers — a constructive backdrop but one that still relies on continued sales execution. QBTS or IONQ: Which Quantum Stock Wins
• Negative Sentiment: D-Wave filed shelf registrations totaling about $330M, which gives the company flexibility to raise equity capital but creates a concrete dilution risk that could pressure the stock if shares are issued. D-Wave Files $330 Million Shelf

About D-Wave Quantum

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.