John Markovich Sells 2,908 Shares of D-Wave Quantum (NYSE:QBTS) Stock

D-Wave Quantum Inc. (NYSE:QBTS) CFO John Markovich sold 2,908 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $31.00, for a total value of $90,148.00. Following the sale, the chief financial officer owned 1,439,912 shares in the company, valued at approximately $44,637,272. This represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

D-Wave Quantum Stock Performance

QBTS stock opened at $23.87 on Friday. The company has a market cap of $8.83 billion, a P/E ratio of -21.12 and a beta of 2.05. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 21.41 and a quick ratio of 21.31. The stock’s fifty day moving average price is $20.70 and its 200-day moving average price is $22.20.

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

Key D-Wave Quantum News

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

• Positive Sentiment: D-Wave outlined a new roadmap targeting 100 logical qubits by 2032, with more than 1 million operations and much lower error rates through its dual-rail architecture. That kind of long-range technical progress can support the stock by reinforcing the company’s commercialization story and its position in quantum computing. D-Wave Unveils Fault-Tolerant Quantum Computing Plan: What’s Ahead?
• Positive Sentiment: Recent Investor Day coverage highlighted D-Wave’s message that quantum computing is already commercial, which may be helping sustain bullish sentiment around QBTS and keeping investors focused on its long-term growth potential. D-Wave Quantum Inc. (QBTS) Analyst/Investor Day Transcript
• Positive Sentiment: The company also received a 2026 Great Place To Work certification, a modest but favorable signal about hiring culture and execution during a period of rapid expansion. D-Wave Certified as a Great Place To Work® Company
• Neutral Sentiment: Quantinuum’s IPO and media attention have lifted the profile of the broader quantum computing sector, but they have also increased trading volatility across the group, including QBTS. Quantinuum Stock Falls After Uninspiring Quantum IPO Debut. What Went Wrong?
• Negative Sentiment: QBTS was also reported to have traded lower alongside other quantum names ahead of Quantinuum’s Nasdaq debut, suggesting investors may be rotating within the sector rather than buying broadly. Rigetti, D-Wave, IonQ Stocks Sink as Quantinuum’s $1.5 Billion IPO Nears Nasdaq Debut
• Negative Sentiment: Sentiment may be slightly pressured by CFO John M. Markovich’s sale of 2,908 shares, even though the transaction was small relative to his remaining holdings. SEC Form 4 for John M. Markovich

Analyst Ratings Changes

A number of equities analysts have recently issued reports on QBTS shares. Cantor Fitzgerald restated an “overweight” rating and issued a $40.00 price target on shares of D-Wave Quantum in a research note on Wednesday, May 13th. Rosenblatt Securities restated a “buy” rating and issued a $43.00 price target on shares of D-Wave Quantum in a research note on Tuesday. Canaccord Genuity Group dropped their price target on D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Weiss Ratings cut D-Wave Quantum from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, April 29th. Finally, Roth Mkm raised their target price on D-Wave Quantum from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday. Fourteen equities research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.40.

Hedge Funds Weigh In On D-Wave Quantum

A number of institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC raised its holdings in D-Wave Quantum by 545.5% in the 1st 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. Optiver Holding B.V. raised its holdings in D-Wave Quantum by 448.0% during the first quarter. Optiver Holding B.V. now owns 24,697 shares of the company’s stock valued at $356,000 after acquiring an additional 20,190 shares during the period. Western Wealth Management LLC bought a new stake in D-Wave Quantum during the first quarter valued at about $51,000. Bank of America Corp DE raised its holdings in D-Wave Quantum by 10.5% during the first quarter. Bank of America Corp DE now owns 3,886,036 shares of the company’s stock valued at $56,075,000 after acquiring an additional 368,486 shares during the period. Finally, Encore Global Management LP bought a new stake in D-Wave Quantum during the first quarter valued at about $433,000. 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.