Eurizon Capital SGR S.p.A. Invests $13.05 Million in D-Wave Quantum Inc. $QBTS

Eurizon Capital SGR S.p.A. acquired a new position in shares of D-Wave Quantum Inc. (NYSE:QBTS) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 498,967 shares of the company’s stock, valued at approximately $13,048,000.

Several other large investors have also modified their holdings of QBTS. Baird Financial Group Inc. boosted its stake in shares of D-Wave Quantum by 12.0% during the 1st quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock worth $92,000 after acquiring an additional 1,300 shares in the last quarter. Royal Bank of Canada lifted its position in shares of D-Wave Quantum by 59.8% in the 1st quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock valued at $1,231,000 after acquiring an additional 60,668 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of D-Wave Quantum by 201.0% in the 1st quarter. AQR Capital Management LLC now owns 200,765 shares of the company’s stock valued at $1,526,000 after acquiring an additional 134,066 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of D-Wave Quantum by 93.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company’s stock valued at $825,000 after acquiring an additional 52,437 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of D-Wave Quantum by 125.7% in the 1st quarter. NewEdge Advisors LLC now owns 43,786 shares of the company’s stock valued at $333,000 after acquiring an additional 24,382 shares in the last quarter. 42.47% of the stock is owned by institutional investors.

Key D-Wave Quantum News

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

• Positive Sentiment: D-Wave is being highlighted as a potential winner in the quantum computing space after reports said it has stronger analyst-implied upside than peers and is gaining traction from commercial adoption. Article Title
• Positive Sentiment: Recent coverage says quantum computing is moving toward a commercial breakout phase, which supports the bullish narrative around QBTS as an early leader in the sector. Article Title
• Neutral Sentiment: Market commentary comparing QBTS with IONQ suggests investors are still weighing which quantum stock will dominate in 2026, keeping attention on the group rather than on one clear winner yet. Article Title
• Negative Sentiment: CFO John Markovich sold 328,752 shares, a move that can pressure short-term sentiment because insider selling often raises caution about valuation or near-term expectations. Article Title

Insider Activity at D-Wave Quantum

In other D-Wave Quantum news, VP Sophie C. Ames sold 23,025 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $18.98, for a total value of $437,014.50. Following the completion of the sale, the vice president owned 596,803 shares in the company, valued at $11,327,320.94. This represents a 3.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 328,752 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $27.70, for a total transaction of $9,106,430.40. Following the completion of the sale, the chief financial officer owned 1,442,820 shares of the company’s stock, valued at approximately $39,966,114. The trade was a 18.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 383,553 shares of company stock worth $10,118,016 in the last quarter. 1.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on QBTS. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of D-Wave Quantum in a research report on Wednesday, May 13th. Wall Street Zen downgraded shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Northland Securities began coverage on shares of 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. Zacks Research upgraded shares of D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Jefferies Financial Group restated a “buy” rating on shares of D-Wave Quantum in a research report on Tuesday, May 12th. Fourteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, D-Wave Quantum currently has a consensus rating of “Moderate Buy” and an average target price of $34.67.

D-Wave Quantum Stock Down 0.2%

QBTS stock opened at $30.07 on Monday. D-Wave Quantum Inc. has a 12-month low of $12.75 and a 12-month high of $46.75. The company has a quick ratio of 21.31, a current ratio of 21.41 and a debt-to-equity ratio of 0.03. The company has a market cap of $11.12 billion, a price-to-earnings ratio of -26.61 and a beta of 2.05. The company has a 50 day moving average of $19.54 and a two-hundred day moving average of $22.10.

D-Wave Quantum (NYSE:QBTS) last released its 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. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The company had revenue of $2.86 million during the quarter, compared to the consensus estimate of $4.19 million. During the same quarter in the prior year, the firm earned ($0.02) EPS. The company’s revenue was down 80.9% compared to the same quarter last year. On average, equities analysts anticipate that D-Wave Quantum Inc. will post -0.44 earnings per share for the current fiscal year.

D-Wave Quantum 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.