Insider Selling: D-Wave Quantum (NYSE:QBTS) VP Sells $52,036.50 in Stock

D-Wave Quantum Inc. (NYSE:QBTS) VP Sophie Ames sold 3,070 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $16.95, for a total value of $52,036.50. Following the completion of the sale, the vice president owned 589,009 shares of the company’s stock, valued at $9,983,702.55. This trade represents a 0.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

D-Wave Quantum Stock Performance

QBTS traded down $1.51 during trading hours on Tuesday, hitting $18.00. 15,274,092 shares of the stock were exchanged, compared to its average volume of 30,323,748. The stock has a 50-day simple moving average of $23.01 and a 200-day simple moving average of $21.15. D-Wave Quantum Inc. has a 12 month low of $12.75 and a 12 month high of $46.75. The stock has a market cap of $6.66 billion, a price-to-earnings ratio of -15.88 and a beta of 2.11. The company has a debt-to-equity ratio of 0.03, a current ratio of 21.41 and a quick ratio of 21.31.

D-Wave Quantum (NYSE:QBTS) last released its earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.03. The firm had revenue of $2.86 million during the quarter, compared to analyst estimates of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The firm’s revenue for the quarter was down 80.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.02) earnings per share. Analysts anticipate that D-Wave Quantum Inc. will post -0.42 earnings per share for the current year.

Analysts Set New Price Targets

QBTS has been the topic of several research reports. Stifel Nicolaus set a $35.00 price objective on shares of D-Wave Quantum in a research note on Tuesday, June 2nd. Roth Capital lifted their target price on D-Wave Quantum from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. B. Riley Financial upped their target price on D-Wave Quantum from $36.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $40.00 price target on shares of D-Wave Quantum in a research report on Wednesday, May 13th. Finally, Northland Securities started coverage on D-Wave Quantum in a report on Monday, April 20th. They issued a “market perform” rating and a $22.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $36.47.

D-Wave Quantum News Summary

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

• Positive Sentiment: Rosenblatt reaffirms Buy rating: Rosenblatt Securities maintained its Buy recommendation and set a $43 price target, implying substantial upside from recent levels. Rosenblatt Reiterates Buy Rating on D-Wave Quantum
• Positive Sentiment: Expanded AT&T partnership improves commercial traction: AT&T plans to expand its use of D-Wave’s annealing quantum systems to address complex optimization problems across network operations. The agreement gives investors a more tangible example of enterprise adoption and could support future bookings and revenue visibility. AT&T Signs Agreement to Expand Use of D-Wave Technology
• Positive Sentiment: Industry outlook remains bullish: Benchmark analyst Gary Mobley expects the quantum-computing industry to generate approximately $1.5 billion in revenue in 2026 and views D-Wave, IonQ and Rigetti favorably. Quantum’s Tipping Point
• Positive Sentiment: Pre-earnings fundamentals are receiving attention: Analysts point to D-Wave’s bookings, revenue visibility and substantial liquidity as potential strengths heading into second-quarter results. Investors will be watching whether execution matched that optimism during the June quarter. QBTS or QUBT: Which Quantum Stock is a Buy Ahead of Q2 Earnings?
• Neutral Sentiment: Sector-wide pullback: Quantum-computing stocks retreated in premarket trading after Monday’s broad rally, indicating that QBTS’s weakness may reflect profit-taking and sector rotation rather than a new company-specific setback. Quantum Stocks Retreat in Premarket
• Negative Sentiment: Valuation and execution concerns remain: A bearish analysis argues that D-Wave’s roadmap may be lagging expectations and that the stock is overvalued, risks that could become more important if upcoming results fail to validate its growth narrative. D-Wave Quantum: A Lagging Roadmap and Overvalued Stock

Institutional Trading of D-Wave Quantum

Large investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC boosted its position in D-Wave Quantum by 388.0% during the 4th quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after acquiring an additional 776 shares during the period. Parallel Advisors LLC lifted its holdings in D-Wave Quantum by 545.5% in the first quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock worth $26,000 after purchasing an additional 1,511 shares during the period. Kemnay Advisory Services Inc. bought a new position in D-Wave Quantum in the 4th quarter valued at about $28,000. PeakShares LLC bought a new position in D-Wave Quantum in the 1st quarter valued at about $29,000. Finally, EverSource Wealth Advisors LLC increased its stake in D-Wave Quantum by 267.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after buying an additional 838 shares during the period. 42.47% of the stock is currently owned by institutional investors and hedge funds.

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.