D-Wave Quantum Inc. (NYSE:QBTS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of D-Wave Quantum Inc. (NYSE:QBTS) have been assigned an average rating of “Moderate Buy” from the seventeen analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $36.80.

QBTS has been the topic of a number of recent research reports. Jefferies Financial Group restated a “buy” rating on shares of D-Wave Quantum in a research report on Tuesday, May 12th. Weiss Ratings upgraded D-Wave Quantum from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 23rd. B. Riley Financial boosted their target price on D-Wave Quantum from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Stifel Nicolaus set a $35.00 price target on D-Wave Quantum in a report on Tuesday, June 2nd. Finally, Northland Securities started coverage on D-Wave Quantum in a research report on Monday, April 20th. They issued a “market perform” rating and a $22.00 price target for the company.

Insiders Place Their Bets

In other news, CFO John M. Markovich sold 200,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $25.71, for a total transaction of $5,142,000.00. Following the transaction, the chief financial officer owned 1,142,820 shares in the company, valued at approximately $29,381,902.20. This trade represents a 14.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, VP Sophie C. Ames sold 23,025 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $18.98, for a total transaction of $437,014.50. Following the completion of the sale, the vice president owned 596,803 shares of the company’s stock, valued at approximately $11,327,320.94. This represents a 3.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,363,842 shares of company stock valued at $35,802,656. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On D-Wave Quantum

A number of large investors have recently bought and sold shares of the business. Root Financial Partners LLC lifted its holdings in D-Wave Quantum by 388.0% during the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after buying an additional 776 shares during the period. Kemnay Advisory Services Inc. purchased a new position in shares of D-Wave Quantum in the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC raised its position 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 worth $30,000 after acquiring an additional 838 shares in the last quarter. Mcguire Capital Advisors Inc. bought a new position in shares of D-Wave Quantum in the 4th quarter worth $31,000. Finally, Ancora Advisors LLC purchased a new stake in shares of D-Wave Quantum during the 3rd quarter worth $30,000. Institutional investors own 42.47% of the company’s stock.

Key Headlines Impacting D-Wave Quantum

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

• Positive Sentiment: D-Wave announced it was selected to receive a $1.57 million grant from the U.S. National Science Foundation to support the Yale University-led ERASE initiative, which is aimed at advancing fault-tolerant quantum computing and D-Wave’s dual-rail technology. D-Wave Secures NSF Grant for Yale University-Led ERASE Initiative
• Positive Sentiment: The NSF award adds to D-Wave’s recent string of federal backing, reinforcing the view that the company is gaining credibility with U.S. research and policy institutions as quantum computing becomes a strategic priority. D-Wave Quantum Is Winning Over Washington, and Investors Should Take Notice
• Neutral Sentiment: Several articles continued debating whether quantum-computing stocks are overextended, highlighting that the sector still has thin revenue, negative margins, and long timelines before commercialization meaningfully scales. The Quantum Bubble Is Real Enough to Take Seriously
• Neutral Sentiment: Commentary also noted that the broader quantum-computing industry remains a long-duration bet with significant cash burn risk, which may keep volatility elevated for QBTS. Quantum Computing’s Cash Crisis: Which Players Can Actually Survive the Long Game?
• Negative Sentiment: Investor concern remains that, despite the funding news, D-Wave still operates in a sector where commercial revenue is limited and valuations can swing sharply on sentiment rather than fundamentals. D-Wave Secures NSF Grant for Yale University-Led ERASE Initiative

D-Wave Quantum Stock Performance

NYSE:QBTS opened at $23.52 on Thursday. The stock has a market capitalization of $8.70 billion, a P/E ratio of -20.81 and a beta of 2.11. The stock has a 50-day moving average price of $23.59 and a 200 day moving average price of $22.16. D-Wave Quantum has a 12-month low of $12.75 and a 12-month high of $46.75. The company has a current ratio of 21.41, a quick ratio of 21.31 and a debt-to-equity ratio of 0.03.

D-Wave Quantum (NYSE:QBTS) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.03. The business had revenue of $2.86 million for the quarter, compared to analysts’ expectations 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 business’s quarterly revenue was down 80.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) EPS. Equities research analysts forecast that D-Wave Quantum will post -0.43 EPS for the current fiscal year.

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.