D-Wave Quantum (NYSE:QBTS) Director Sells $176,200.00 in Stock

D-Wave Quantum Inc. (NYSE:QBTS) Director Rohit Ghai sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $17.62, for a total transaction of $176,200.00. Following the sale, the director owned 27,778 shares in the company, valued at approximately $489,448.36. The trade was a 26.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

D-Wave Quantum Price Performance

Shares of NYSE:QBTS opened at $16.09 on Friday. The company has a market capitalization of $5.95 billion, a P/E ratio of -14.63 and a beta of 1.61. D-Wave Quantum Inc. has a 1-year low of $5.77 and a 1-year high of $46.75. The firm’s 50 day simple moving average is $21.39 and its two-hundred day simple moving average is $25.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 42.38 and a quick ratio of 42.25.

D-Wave Quantum (NYSE:QBTS) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). The firm had revenue of $2.75 million during the quarter, compared to analysts’ expectations of $3.74 million. D-Wave Quantum had a negative return on equity of 58.58% and a negative net margin of 1,444.10%.D-Wave Quantum’s revenue was up 21.7% compared to the same quarter last year. Research analysts expect that D-Wave Quantum Inc. will post -0.41 EPS for the current fiscal year.

Institutional Trading of D-Wave Quantum

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of D-Wave Quantum by 41.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,454,869 shares of the company’s stock valued at $950,220,000 after purchasing an additional 11,218,255 shares during the last quarter. UBS Group AG increased its holdings in shares of D-Wave Quantum by 541.6% in the third quarter. UBS Group AG now owns 12,089,703 shares of the company’s stock worth $298,737,000 after purchasing an additional 10,205,427 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of D-Wave Quantum by 11.5% in the fourth quarter. Geode Capital Management LLC now owns 8,394,726 shares of the company’s stock worth $220,085,000 after purchasing an additional 866,405 shares during the last quarter. State Street Corp lifted its position in shares of D-Wave Quantum by 5.3% in the fourth quarter. State Street Corp now owns 7,707,085 shares of the company’s stock worth $201,540,000 after buying an additional 385,809 shares in the last quarter. Finally, Marex Group plc bought a new position in D-Wave Quantum during the second quarter valued at approximately $80,070,000. Hedge funds and other institutional investors own 42.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Needham & Company LLC decreased their price target on D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $43.00 price objective on shares of D-Wave Quantum in a research note on Wednesday, January 28th. Wall Street Zen cut D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Zacks Research downgraded D-Wave Quantum from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th. Finally, Benchmark reissued a “buy” rating and issued a $35.00 price target on shares of D-Wave Quantum in a report on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.50.

Key Headlines Impacting D-Wave Quantum

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

• Positive Sentiment: Media and celebrity finance coverage has raised retail interest — pieces noting that QBTS has risen sharply over the past year and recovered since Jim Cramer’s 2025 remarks can sustain retail demand and momentum. Here’s How D-Wave (QBTS)’s Shares Behaved After Jim Cramer Said He Was “Wary” In January 2025
• Positive Sentiment: Bullish industry / narrative pieces highlight product traction and addressable-market potential for D‑Wave’s quantum annealing and hybrid solver products, supporting longer‑term investor interest. D Wave Quantum Unlocks New Possibilities In Advanced Computing Growth
• Neutral Sentiment: Analyst coverage is mixed but leans positive — multiple buy/outperform ratings remain and the consensus is a “Moderate Buy,” though several firms trimmed price targets recently; this provides support but also caps upside.
• Neutral Sentiment: Small institutional position changes reported (modest buys/sells) — not large enough to explain big moves but worth watching for follow‑through from larger funds. Institutional trading summary
• Negative Sentiment: Headline coverage of a near‑50% three‑month decline raises short‑term selling pressure — articles point to widening losses, weak bookings and cash burn as reasons why some investors are bailing despite revenue growth. D-Wave Quantum Plunges 49% in 3 Months
• Negative Sentiment: Recent insider sales (Director Rohit Ghai sold 10,000 shares; other insider filings noted) have amplified concern about insider timing/conviction and likely pressured near‑term sentiment. Director Rohit Ghai Sells 10,000 Shares Insider selling analysis
• Negative Sentiment: Recent quarter missed consensus (EPS and revenue came in below expectations) and the company shows negative margins and sizable losses — fundamentals that justify caution among growth investors. Earnings & financials summary

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.