D-Wave Quantum Inc. (NYSE:QBTS) Receives $37.86 Average Target Price from Analysts

Shares of D-Wave Quantum Inc. (NYSE:QBTS) have received a consensus recommendation of “Moderate Buy” from the fifteen research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $38.0714.

Several research firms recently weighed in on QBTS. Cantor Fitzgerald lifted their price objective on shares of D-Wave Quantum from $20.00 to $40.00 and gave the stock an “overweight” rating in a research note on Friday, November 7th. Jefferies Financial Group initiated coverage on shares of D-Wave Quantum in a research report on Tuesday, December 16th. They set a “buy” rating and a $45.00 price target on the stock. Zacks Research upgraded shares of D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of D-Wave Quantum in a report on Monday, December 29th. Finally, Benchmark reissued a “buy” rating and issued a $35.00 target price on shares of D-Wave Quantum in a research note on Friday, January 23rd.

Insider Activity at D-Wave Quantum

In other news, Director Rohit Ghai sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.28, for a total value of $242,800.00. Following the completion of the transaction, the director owned 37,778 shares in the company, valued at $917,249.84. This represents a 20.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John M. Markovich sold 200,000 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $22.94, for a total transaction of $4,588,000.00. Following the sale, the chief financial officer directly owned 1,482,874 shares of the company’s stock, valued at $34,017,129.56. This represents a 11.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 2,346,916 shares of company stock worth $65,591,314. 3.20% of the stock is owned by company insiders.

Institutional Trading of D-Wave Quantum

A number of institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its stake in shares of D-Wave Quantum by 34.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,874 shares of the company’s stock worth $46,000 after purchasing an additional 482 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in D-Wave Quantum by 5.3% during the third quarter. Blue Bell Private Wealth Management LLC now owns 9,901 shares of the company’s stock worth $245,000 after buying an additional 500 shares during the last quarter. Huntington National Bank raised its position in D-Wave Quantum by 17.9% during the third quarter. Huntington National Bank now owns 3,300 shares of the company’s stock worth $82,000 after acquiring an additional 500 shares in the last quarter. bLong Financial LLC lifted its stake in D-Wave Quantum by 2.3% in the second quarter. bLong Financial LLC now owns 24,643 shares of the company’s stock valued at $361,000 after acquiring an additional 551 shares during the last quarter. Finally, Noble Wealth Management PBC grew its position in shares of D-Wave Quantum by 6.7% in the 4th quarter. Noble Wealth Management PBC now owns 9,600 shares of the company’s stock valued at $251,000 after acquiring an additional 600 shares during the period. Institutional investors own 42.47% of the company’s stock.

D-Wave Quantum Stock Up 1.0%

Shares of D-Wave Quantum stock opened at $24.93 on Monday. The business has a fifty day simple moving average of $26.37 and a 200 day simple moving average of $24.64. The stock has a market cap of $8.73 billion, a PE ratio of -18.46 and a beta of 1.57. The company has a quick ratio of 54.49, a current ratio of 54.68 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 issued its earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The firm had revenue of $3.74 million for the quarter, compared to analysts’ expectations of $3.03 million. D-Wave Quantum had a negative return on equity of 97.58% and a negative net margin of 1,651.81%.The company’s revenue for the quarter was up 105.6% on a year-over-year basis. Research analysts predict that D-Wave Quantum will post -0.41 EPS for the current year.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: D-Wave signed a landmark lease to relocate its global headquarters and establish a major U.S. R&D facility in Boca Raton — a move that signals corporate commitment to U.S. commercialization and could help hiring, partnerships and customer access. Read More.
• Positive Sentiment: Commercial customer wins: Florida Atlantic University committed ~$20M to buy an Advantage2 system for its Boca Raton campus, and D‑Wave announced a separate ~$10M deal with a Fortune 100 company — concrete, multi‑million revenue bookings that support the company’s transition to recurring commercial sales. Read More. Read More.
• Positive Sentiment: Product and tech milestones: D‑Wave unveiled advancements in both annealing and gate‑model systems (new hybrid solver capabilities for ML/hybrid workloads) that bolster its differentiated dual‑platform strategy and can accelerate customer adoption. Read More.
• Positive Sentiment: Defense and strategic partnerships: D‑Wave announced a collaboration with Anduril and Davidson to develop quantum applications for U.S. air and missile defense — a validation in a high‑value, government market. Read More.
• Positive Sentiment: Analyst support: Rosenblatt reaffirmed a “buy” on QBTS and set a $43 price target, offering significant upside versus the current level and likely helping sentiment. Read More.
• Neutral Sentiment: Market context: Coverage and commentary (Zacks, Barron’s, Seeking Alpha, MSN) point to D‑Wave as one of the better positioned quantum names because of revenue traction, but analysts differ on timing and scale of commercialization. Read More.
• Neutral Sentiment: Pre‑market activity and headlines have driven intraday volatility; some moves reflect headlines rather than confirmed multi‑year revenue flow. Read More.
• Negative Sentiment: Financial risk remains: D‑Wave is still unprofitable with negative margins and negative ROE (recent reporting shows large operating losses and analysts expect negative EPS for the year), so execution and margin improvement are required to justify higher valuations; skeptical takes highlight downside risk. Read More.

D-Wave Quantum Company Profile

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.