D-Wave Quantum (NYSE:QBTS) Trading Down 4.6% After Insider Selling

D-Wave Quantum Inc. (NYSE:QBTS)’s stock price dropped 4.6% on Thursday following insider selling activity. The stock traded as low as $28.71 and last traded at $28.75. 43,421,722 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 40,024,453 shares. The stock had previously closed at $30.15.

Specifically, CEO Alan E. Baratz sold 35,013 shares of the firm’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $28.06, for a total transaction of $982,464.78. Following the transaction, the chief executive officer directly owned 2,598,150 shares in the company, valued at $72,904,089. This trade represents a 1.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO John M. Markovich sold 9,179 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $28.06, for a total value of $257,562.74. Following the transaction, the chief financial officer owned 1,462,133 shares in the company, valued at approximately $41,027,451.98. This represents a 0.62% decrease in their position. The disclosure for this sale is available in the SEC filing.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on QBTS shares. Evercore ISI assumed coverage on D-Wave Quantum in a research note on Wednesday, December 3rd. They issued an “outperform” rating and a $44.00 target price on the stock. Benchmark lifted their price objective on shares of D-Wave Quantum from $20.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Cantor Fitzgerald increased their target price on shares of D-Wave Quantum from $20.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Williams Trading set a $35.00 target price on shares of D-Wave Quantum in a research note on Monday, November 10th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price target on shares of D-Wave Quantum in a research report on Wednesday, January 7th. Fourteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $33.67.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: D-Wave agreed to acquire Quantum Circuits Inc., a move that should accelerate the company’s access to gate‑model qubit technology and narrow the gap with competitors — a strategic rationale for longer‑term re‑rating if integration proceeds smoothly. D‑Wave Announces Agreement to Acquire Quantum Circuits Inc.
• Positive Sentiment: D‑Wave demonstrated the first scalable, on‑chip cryogenic control of gate‑model qubits — a technical milestone that strengthens its roadmap and could expand future product applications if commercialized. D‑Wave Demonstrates On‑Chip Cryogenic Control
• Positive Sentiment: Large institutional accumulation (Vanguard, UBS, State Street increases) and new coverage from boutique research raise the buyer base and lend stability to the stock as the company executes on commercialization and M&A.
• Positive Sentiment: Rosenblatt and other firms are issuing constructive coverage on quantum names, which can boost sentiment across the subsector and benefit QBTS as investors re‑rate growth prospects. Rigetti and Quantum Computing Stocks Are a Buy
• Neutral Sentiment: Zacks and other analysts are parsing Q4 results for pure‑play quantum companies; peer performance (e.g., IonQ) could influence relative flows into QBTS heading into earnings season. QBTS, RGTI, IONQ: Buy, Sell or Hold Ahead of Q4 Earnings?
• Neutral Sentiment: Long‑form retail coverage frames a bullish narrative around government adoption and product roadmaps — useful for sentiment but speculative and execution‑dependent. Could D‑Wave Stock Make You a Millionaire?
• Negative Sentiment: Insider selling: CEO Alan Baratz sold 35,013 shares and CFO John Markovich sold 9,179 shares in mid‑January — transactions that can create near‑term selling pressure or raise questions for some investors. CEO Form 4 CFO Form 4
• Negative Sentiment: Sector‑wide valuation concerns and reminders that commercial viability remains years away may keep volatility high and limit near‑term upside despite positive headlines. Quantum Computing Stocks Have Served Up an $840 Million Warning

D-Wave Quantum Stock Up 0.4%

The company has a quick ratio of 54.49, a current ratio of 54.68 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $10.09 billion, a PE ratio of -21.36 and a beta of 1.57. The firm’s fifty day moving average is $26.22 and its 200-day moving average is $24.03.

D-Wave Quantum (NYSE:QBTS) last released its earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.02. The company had revenue of $3.74 million for the quarter, compared to analysts’ expectations of $3.03 million. D-Wave Quantum had a negative return on equity of 97.58% and a negative net margin of 1,651.81%.The business’s revenue was up 105.6% compared to the same quarter last year. On average, equities research analysts predict that D-Wave Quantum Inc. will post -0.41 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of QBTS. Ancora Advisors LLC acquired a new position in D-Wave Quantum during the 3rd quarter worth $30,000. Financial Consulate Inc. bought a new position in shares of D-Wave Quantum during the third quarter worth about $31,000. Kelleher Financial Advisors bought a new position in shares of D-Wave Quantum during the third quarter worth about $40,000. Larson Financial Group LLC grew its stake in D-Wave Quantum by 1,754.0% in the third quarter. Larson Financial Group LLC now owns 1,854 shares of the company’s stock worth $46,000 after purchasing an additional 1,754 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in D-Wave Quantum by 34.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,874 shares of the company’s stock worth $46,000 after buying an additional 482 shares during the last quarter. Hedge funds and other institutional investors own 42.47% of the company’s stock.

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.