Insider Selling: D-Wave Quantum (NYSE:QBTS) CFO Sells 2,908 Shares of Stock

D-Wave Quantum Inc. (NYSE:QBTS) CFO John Markovich sold 2,908 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $31.00, for a total value of $90,148.00. Following the completion of the sale, the chief financial officer owned 1,439,912 shares of the company’s stock, valued at approximately $44,637,272. The trade was a 0.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

D-Wave Quantum Stock Performance

QBTS traded up $0.13 during midday trading on Thursday, reaching $27.68. The company had a trading volume of 39,139,820 shares, compared to its average volume of 32,483,529. The company has a quick ratio of 21.31, a current ratio of 21.41 and a debt-to-equity ratio of 0.03. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75. The business has a 50-day moving average of $20.31 and a two-hundred day moving average of $22.16. The company has a market cap of $10.24 billion, a P/E ratio of -24.50 and a beta of 2.05.

D-Wave Quantum (NYSE:QBTS) last released its earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.03. D-Wave Quantum had a negative return on equity of 44.06% and a negative net margin of 2,957.23%.The firm had revenue of $2.86 million during the quarter, compared to analysts’ expectations of $4.19 million. During the same quarter last year, the business posted ($0.02) earnings per share. The firm’s revenue was down 80.9% on a year-over-year basis. As a group, equities research analysts predict that D-Wave Quantum Inc. will post -0.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

QBTS has been the subject of several research analyst reports. Northland Securities initiated coverage on D-Wave Quantum in a research report on Monday, April 20th. They set a “market perform” rating and a $22.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $40.00 target price on shares of D-Wave Quantum in a research report on Wednesday, May 13th. Stifel Nicolaus set a $35.00 target price on D-Wave Quantum in a research report on Tuesday. B. Riley Financial raised their price target on D-Wave Quantum from $36.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Canaccord Genuity Group cut their price target on D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Fourteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $36.40.

Hedge Funds Weigh In On D-Wave Quantum

Institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC grew its holdings in D-Wave Quantum by 388.0% during the 4th quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock valued at $26,000 after buying an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of D-Wave Quantum in the 4th quarter valued at approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in shares of D-Wave Quantum by 267.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after purchasing an additional 838 shares during the last quarter. Mcguire Capital Advisors Inc. bought a new stake in shares of D-Wave Quantum in the 4th quarter valued at approximately $31,000. Finally, Ancora Advisors LLC bought a new stake in shares of D-Wave Quantum in the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 42.47% of the company’s stock.

D-Wave Quantum News Summary

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

• Positive Sentiment: D-Wave’s first Investor Day emphasized that quantum computing is already commercial, which may have reinforced the bull case for near-term revenue opportunities and helped lift investor sentiment. D-Wave (QBTS) Took the Gloves Off at Investor Day, Saying Quantum Computing Is Already Commercial
• Positive Sentiment: The company announced Great Place To Work Certification for 2026, signaling a strong internal culture during a period of rapid growth, which may support confidence in execution. D-Wave Certified as a Great Place To Work® Company
• Positive Sentiment: Jim Cramer said D-Wave “might be worth owning,” adding a notable media-tailwind for retail and momentum investors. Jim Cramer on D-Wave Quantum: “It Might Be Worth Owning”
• Positive Sentiment: Recent coverage highlighted a new federal funding commitment and broader optimism around quantum computing adoption, which may be helping keep QBTS in favor. D-Wave Sets 2032 Quantum Deadline — With $100 Million In Federal Backing
• Neutral Sentiment: Wall Street commentary and analyst coverage remain supportive overall, but these reports are largely sentiment-driven rather than new fundamental developments. D-Wave Quantum (QBTS) Stock Gets Wall Street Boost as Top Analyst Sees 33% Upside
• Neutral Sentiment: The CFO sold a small portion of shares, which can draw attention but does not appear large enough on its own to change the investment story. CFO John M. Markovich Insider Transaction
• Negative Sentiment: Quantum-computing stocks were broadly pressured as Quantinuum’s IPO neared, suggesting some investors may be rotating out of the sector despite D-Wave-specific positives. Rigetti, D-Wave, IonQ Stocks Sink as Quantinuum’s $1.5 Billion IPO Nears Nasdaq Debut

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.