D-Wave Quantum (NYSE:QBTS) Stock Price Down 5.6% After Insider Selling

D-Wave Quantum Inc. (NYSE:QBTS)’s stock price was down 5.6% during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $16.46 and last traded at $16.4830. Approximately 20,872,094 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 30,502,342 shares. The stock had previously closed at $17.47.

Specifically, CFO John M. Markovich sold 10,706 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $17.63, for a total value of $188,746.78. Following the completion of the sale, the chief financial officer owned 1,451,427 shares in the company, valued at $25,588,658.01. This represents a 0.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Rohit Ghai sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $17.62, for a total value of $176,200.00. Following the transaction, the director owned 27,778 shares of the company’s stock, valued at approximately $489,448.36. This trade represents a 26.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on QBTS. Rosenblatt Securities reissued a “buy” rating and issued a $43.00 target price on shares of D-Wave Quantum in a report on Wednesday, January 28th. Roth Mkm dropped their price target on shares of D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Wall Street Zen cut shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Needham & Company LLC decreased their price objective on shares of D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, TD Cowen started coverage on shares of D-Wave Quantum in a research note on Thursday, February 12th. They set a “buy” rating on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.50.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: Analyst support: The consensus remains a “Moderate Buy” from Wall Street analysts (many buy ratings and an average price target materially above the current level), which can provide demand support beneath the stock. Read More.
• Positive Sentiment: Product / narrative traction: Coverage highlighting early customer use cases and D‑Wave’s hybrid/hardware roadmap helps the long‑term growth story for quantum‑specialist investors. Read More.
• Neutral Sentiment: Insider‑sale context: A TipRanks piece notes several insider trades and digs into motives and timing — useful context that may soften raw interpretation of sales but doesn’t eliminate near‑term selling pressure. Read More.
• Neutral Sentiment: Peer comparison pieces (e.g., Guidewire head‑to‑head) offer perspective for investors but are unlikely to move the stock as much as company‑specific news. Read More.
• Negative Sentiment: Recent insider selling: CFO John M. Markovich sold ~10,706 shares at ~$17.63 (filed Mar 13) and Director Rohit Ghai sold 10,000 shares at ~$17.62 (filed Mar 16). While the CFO’s sale trimmed a modest % of his stake, Ghai’s sale cut his holding materially (~26% of his position), and clustered insider sales often amplify short‑term investor concern. Read More.
• Negative Sentiment: Earnings miss and small revenues: In late February D‑Wave reported a quarterly EPS miss and revenue below consensus (revenue grew year‑over‑year but remains modest), underlining the company’s early‑stage commercial traction and keeping profitability distant. Read More.
• Negative Sentiment: Competitive risk from IBM: Coverage highlighting IBM’s hybrid quantum‑classical architecture raises execution and market‑share risk for a smaller pure‑play like D‑Wave. Read More.
• Negative Sentiment: Macro and technical headwinds: Broader market volatility and rising rates/inflation concerns weigh on high‑beta, loss‑making growth names. Technically QBTS sits below its 50‑ and 200‑day moving averages, which can accelerate selling. Read More.

D-Wave Quantum Trading Down 5.6%

The stock has a market cap of $6.10 billion, a P/E ratio of -14.98 and a beta of 1.61. The stock’s 50-day moving average is $21.93 and its two-hundred day moving average is $25.21. 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 results 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 company had revenue of $2.75 million during the quarter, compared to the consensus estimate of $3.74 million. D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The company’s quarterly revenue was up 21.7% on a year-over-year basis. Equities research analysts anticipate that D-Wave Quantum Inc. will post -0.41 EPS for the current year.

Institutional Investors Weigh In On D-Wave Quantum

Large investors have recently made changes to their positions in the company. Root Financial Partners LLC boosted its stake in D-Wave Quantum by 388.0% during the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock valued at $26,000 after buying an additional 776 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in D-Wave Quantum in the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of D-Wave Quantum by 267.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock worth $30,000 after acquiring an additional 838 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of D-Wave Quantum during the 4th quarter worth approximately $31,000. Finally, Ancora Advisors LLC bought a new position in shares of D-Wave Quantum during the 3rd quarter valued at approximately $30,000. 42.47% of the stock is owned by institutional investors.

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.