Roth Mkm Cuts D-Wave Quantum (NYSE:QBTS) Price Target to $30.00

D-Wave Quantum (NYSE:QBTS) had its target price lowered by Roth Mkm from $40.00 to $30.00 in a research report report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

QBTS has been the subject of several other research reports. Wedbush started coverage on D-Wave Quantum in a report on Wednesday, December 17th. They issued an “outperform” rating and a $35.00 price objective for the company. Evercore began coverage on shares of D-Wave Quantum in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $44.00 price target on the stock. Wall Street Zen downgraded shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a report on Saturday, February 7th. Jefferies Financial Group assumed coverage on shares of D-Wave Quantum in a research note on Tuesday, December 16th. They issued a “buy” rating and a $45.00 price objective on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of D-Wave Quantum in a report on Monday, December 29th. Fourteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $36.50.

D-Wave Quantum Stock Down 7.0%

QBTS stock opened at $18.73 on Friday. The firm’s 50-day moving average is $24.24 and its two-hundred day moving average is $24.99. The company has a market capitalization of $6.93 billion, a price-to-earnings ratio of -17.03 and a beta of 1.61. D-Wave Quantum has a 52 week low of $4.45 and a 52 week high of $46.75. The company has a current ratio of 54.68, a quick ratio of 54.49 and a debt-to-equity ratio of 0.05.

D-Wave Quantum (NYSE:QBTS) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 67.75%. The company had revenue of $2.75 million for the quarter, compared to analyst estimates of $3.74 million. The company’s revenue was up 21.7% compared to the same quarter last year. On average, analysts forecast that D-Wave Quantum will post -0.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other D-Wave Quantum news, Director John D. Dilullo sold 8,000 shares of D-Wave Quantum stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.36, for a total transaction of $218,880.00. Following the transaction, the director directly owned 27,803 shares in the company, valued at approximately $760,690.08. The trade was a 22.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rohit Ghai sold 10,000 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $24.28, for a total value of $242,800.00. Following the completion of the sale, the director owned 37,778 shares of the company’s stock, valued at $917,249.84. The trade was a 20.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,074,466 shares of company stock valued at $31,558,806 over the last 90 days. 3.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of QBTS. Root Financial Partners LLC grew its stake 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 acquiring an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of D-Wave Quantum during the fourth quarter worth approximately $28,000. Atlantic Union Bankshares Corp purchased a new position in D-Wave Quantum during the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC grew its position in D-Wave Quantum by 267.7% during the fourth 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 in the last quarter. Finally, Ancora Advisors LLC acquired a new position in D-Wave Quantum in the 3rd quarter valued at approximately $30,000. 42.47% of the stock is owned by institutional investors and hedge funds.

Key D-Wave Quantum News

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

• Positive Sentiment: Material bookings and enterprise traction — Management reported Q4 bookings of $13.4M (big sequential jump) and said January bookings topped $30M; the company also disclosed large Advantage2 system sales and institutional contracts that underpin future revenue upside. MarketBeat: Despite a Double Miss
• Positive Sentiment: Strong cash runway following the Quantum Circuits acquisition — D-Wave finished the period with roughly $885M in cash & marketable securities even after the acquisition and cash outlays, which reduces near-term financing risk while the company invests in R&D and go-to-market. MarketBeat: Cash Position
• Neutral Sentiment: Full earnings materials and call transcripts are available for investors who want details on bookings composition, margin outlook and integration plans; the call provides color but no immediate catalytic guidance. Earnings Call Transcript
• Neutral Sentiment: Analysts remain largely constructive but are resetting targets — several firms kept buy/outperform ratings while trimming targets, leaving consensus upside but lowering near-term sentiment. Benzinga: Analyst Coverage
• Negative Sentiment: Double miss on the quarter — reported EPS missed estimates (wider loss than expected) and revenue of $2.75M came in below consensus, highlighting that current monetization remains small and lumpy. Zacks: Q4 Earnings Miss
• Negative Sentiment: Post-earnings price-target cuts and investor rotation pressured the rally — several firms trimmed targets (examples: Needham, Mizuho, Roth) and media noted an initial pop that faded as analysts lowered targets and investors weighed long-term promise versus weak near-term results. The Motley Fool: Reaction

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.