Key Points
- CEO Alan Baratz sold 35,013 shares on Jan. 14 at an average price of $28.06, generating about $982,465 and reducing his stake by ~1.33% to 2,598,150 shares, per the SEC filing.
- Other insider selling could matter: CFO John Markovich also sold 9,179 shares, and the story notes insider sales that may create near‑term selling pressure or reflect personal liquidity needs.
- Company backdrop and analyst view: QBTS has a $10.07B market cap and negative PE, reported an EPS beat with revenue up 105.6% year‑over‑year, and carries a consensus "Moderate Buy" rating with an average price target of $33.67.
D-Wave Quantum Inc. (NYSE:QBTS - Get Free Report) CFO John Markovich sold 9,179 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 $257,562.74. Following the completion of the sale, the chief financial officer owned 1,462,133 shares of the company's stock, valued at approximately $41,027,451.98. The trade was a 0.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
D-Wave Quantum Price Performance
D-Wave Quantum stock opened at $28.75 on Friday. The stock's fifty day moving average price is $26.23 and its two-hundred day moving average price is $23.93. D-Wave Quantum Inc. has a one year low of $4.45 and a one year high of $46.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 54.68 and a quick ratio of 54.49. The firm has a market cap of $10.07 billion, a PE ratio of -21.30 and a beta of 1.57.
D-Wave Quantum (NYSE:QBTS - Get Free Report) last released its earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. The firm had revenue of $3.74 million during the quarter, compared to the consensus estimate 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%.D-Wave Quantum's revenue was up 105.6% on a year-over-year basis. As a group, research analysts expect that D-Wave Quantum Inc. will post -0.41 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on QBTS shares. Benchmark increased their price target 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. Evercore ISI began coverage on D-Wave Quantum in a research note on Wednesday, December 3rd. They set an "outperform" rating and a $44.00 target price for the company. Rosenblatt Securities reiterated a "buy" rating and issued a $40.00 price target on shares of D-Wave Quantum in a research note on Wednesday, January 7th. Weiss Ratings reissued a "sell (d-)" rating on shares of D-Wave Quantum in a report on Monday, December 29th. Finally, Roth Capital set a $40.00 price objective on D-Wave Quantum in a research report on Thursday, November 6th. Fourteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, D-Wave Quantum currently has a consensus rating of "Moderate Buy" and a consensus price target of $33.67.
Get Our Latest Stock Report on QBTS
D-Wave Quantum News Roundup
Here are the key news stories impacting D-Wave Quantum this week:
- Positive Sentiment: D-Wave demonstrated a first scalable, on‑chip cryogenic control capability for gate‑model qubits — a technical milestone that could broaden product applicability and roadmap credibility if commercialized. D-Wave Demonstrates First Scalable, On‑Chip Cryogenic Control
- Positive Sentiment: Zacks highlights expanding global customer wins across airlines, banking and pharma, with Q3 bookings reported at $2.4M — evidence of growing commercial traction that supports revenue momentum. D‑Wave's Expanded Global Customer Base Is Gaining Attention
- Positive Sentiment: Rosenblatt Securities initiated coverage on quantum computing names (including peers) with Buy ratings — a favorable industry-level endorsement that can lift sentiment for QBTS as investors re-rate the sector. Rigetti and Quantum Computing Stocks Are a Buy
- Neutral Sentiment: Long-form retail coverage (The Motley Fool) lays out a bullish scenario where government adoption and Advantage2 could drive outsized returns — useful for narrative but speculative and dependent on execution. Could D‑Wave Stock Make You a Millionaire?
- Negative Sentiment: CEO Alan Baratz sold 35,013 shares (~1.33% of his stake) at ~$28.06 and CFO John Markovich sold 9,179 shares (~0.62% of his position). Insider sales can trigger near‑term selling pressure or signal personal liquidity needs. CEO Form 4 CFO Form 4
- Negative Sentiment: Broader cautionary coverage notes that last year’s parabolic moves across quantum names serve as a wake‑up for risk — a reminder that valuation/speculation can swing quickly. That framing may contribute to the pullback. Quantum Computing Stocks Have Served Up an $840 Million Warning
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in D-Wave Quantum by 41.2% in the third quarter. Vanguard Group Inc. now owns 38,454,869 shares of the company's stock valued at $950,220,000 after purchasing an additional 11,218,255 shares during the last quarter. UBS Group AG boosted its position in D-Wave Quantum by 541.6% during the 3rd quarter. UBS Group AG now owns 12,089,703 shares of the company's stock worth $298,737,000 after buying an additional 10,205,427 shares during the period. State Street Corp grew its holdings in D-Wave Quantum by 41.3% during the 2nd quarter. State Street Corp now owns 6,648,395 shares of the company's stock worth $97,333,000 after acquiring an additional 1,941,762 shares during the last quarter. Geode Capital Management LLC increased its position in D-Wave Quantum by 41.6% in the 2nd quarter. Geode Capital Management LLC now owns 6,411,558 shares of the company's stock valued at $93,877,000 after acquiring an additional 1,883,109 shares during the period. Finally, Marex Group plc bought a new position in shares of D-Wave Quantum during the second quarter valued at $80,070,000. 42.47% of the stock is currently owned by institutional investors.
D-Wave Quantum Company Profile
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Get Free Report)
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.
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