Rosenblatt Securities Reaffirms Buy Rating for D-Wave Quantum (NYSE:QBTS)

D-Wave Quantum (NYSE:QBTS)‘s stock had its “buy” rating restated by equities research analysts at Rosenblatt Securities in a note issued to investors on Wednesday,Benzinga reports. They presently have a $43.00 price target on the stock. Rosenblatt Securities’ target price points to a potential upside of 84.83% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. Wedbush began coverage on D-Wave Quantum in a research note on Wednesday, December 17th. They set an “outperform” rating and a $35.00 target price on the stock. Canaccord Genuity Group boosted their price objective on shares of D-Wave Quantum from $20.00 to $41.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Cantor Fitzgerald upped their price objective on shares of D-Wave Quantum from $20.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, November 7th. Wall Street Zen raised shares of D-Wave Quantum from a “sell” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Roth Mkm set a $40.00 price target on shares of D-Wave Quantum in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.21.

D-Wave Quantum Stock Performance

Shares of NYSE:QBTS opened at $23.26 on Wednesday. The company has a current ratio of 54.68, a quick ratio of 54.49 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average price of $26.43 and a 200-day moving average price of $24.63. The company has a market cap of $8.15 billion, a price-to-earnings ratio of -17.23 and a beta of 1.57. D-Wave Quantum has a 12 month low of $4.45 and a 12 month high of $46.75.

D-Wave Quantum (NYSE:QBTS) last posted 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 firm’s revenue was up 105.6% compared to the same quarter last year. As a group, equities analysts anticipate that D-Wave Quantum will post -0.41 EPS for the current year.

Insiders Place Their Bets

In other D-Wave Quantum news, Director Kirstjen Nielsen sold 7,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $22.62, for a total transaction of $158,340.00. Following the completion of the transaction, the director owned 112,673 shares of the company’s stock, valued at approximately $2,548,663.26. This trade represents a 5.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Alan E. Baratz sold 35,013 shares of D-Wave Quantum stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $28.06, for a total transaction of $982,464.78. Following the transaction, the chief executive officer owned 2,598,150 shares of the company’s stock, valued at $72,904,089. The trade was a 1.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,346,916 shares of company stock valued at $65,591,314. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On D-Wave Quantum

A number of institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp purchased a new position in D-Wave Quantum in the 2nd quarter worth approximately $29,000. Ancora Advisors LLC bought a new stake in shares of D-Wave Quantum in the 3rd quarter worth $30,000. Financial Consulate Inc. purchased a new position in shares of D-Wave Quantum in the third quarter worth $31,000. Gables Capital Management Inc. purchased a new position in shares of D-Wave Quantum in the second quarter worth $37,000. Finally, Kelleher Financial Advisors bought a new position in shares of D-Wave Quantum during the third quarter valued at $40,000. Hedge funds and other institutional investors own 42.47% of the company’s stock.

Key D-Wave Quantum News

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

• Positive Sentiment: D-Wave signed a landmark lease to relocate its global headquarters and establish a major U.S. R&D facility at CP Group’s Boca Raton Innovation Campus — a large, tangible vote of confidence that supports growth, talent attraction and commercial scale-up. CP Group Secures Global Headquarters Relocation of D‑Wave
• Positive Sentiment: D-Wave announced a major enterprise QCaaS (quantum computing-as-a-service) agreement — a revenue-driving commercial win that validates product-market fit for its services business. D‑Wave Quantum Secures Major Enterprise QCaaS Agreement
• Positive Sentiment: Analysts are reiterating bullish views: Needham reaffirmed a Buy with a $48 price target, Rosenblatt kept a $43 target, and Roth MKM reaffirmed Buy — these upgrades/support raise the headline upside and can attract momentum investors. Benzinga analyst coverage summary (Needham/Rosenblatt) Roth MKM Reaffirms Buy
• Neutral Sentiment: D-Wave’s Qubits 2026 conference drew industry participation (including third-party firms like SuperQ), highlighting ecosystem momentum but not a specific revenue or product announcement from D‑Wave itself. SuperQ engagement at Qubits 2026
• Neutral Sentiment: Financial press and analyst roundups are running bullish narratives (Yahoo, MSN, Globe) that may support interest but largely repeat the same developments rather than add new catalysts. Yahoo coverage MSN/Wedbush coverage
• Negative Sentiment: Despite positive headlines, the company remains unprofitable with negative EPS and very large negative net margins — a continuing fundamental risk that can cap valuation multiple expansion for growth investors.
• Negative Sentiment: Technical and market flow factors: QBTS is trading below its 50‑day moving average, has a high beta (1.57) indicating volatility, and today’s trade was on high volume — suggesting profit-taking or rotation by short‑term traders even as strategic news lands.

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.