Inspire Advisors LLC Lowers Stock Holdings in D-Wave Quantum Inc. $QBTS

Inspire Advisors LLC cut its holdings in D-Wave Quantum Inc. (NYSE:QBTS) by 95.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,309 shares of the company’s stock after selling 204,017 shares during the period. Inspire Advisors LLC’s holdings in D-Wave Quantum were worth $230,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in QBTS. Baird Financial Group Inc. grew its position in shares of D-Wave Quantum by 12.0% in the first quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock valued at $92,000 after purchasing an additional 1,300 shares during the period. Royal Bank of Canada boosted its stake in D-Wave Quantum by 59.8% in the 1st quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock worth $1,231,000 after buying an additional 60,668 shares during the last quarter. AQR Capital Management LLC grew its holdings in 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 buying an additional 134,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of D-Wave Quantum by 93.4% during 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 during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of D-Wave Quantum by 125.7% during 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 during the last quarter. Institutional investors and hedge funds own 42.47% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on QBTS shares. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of D-Wave Quantum in a research report on Wednesday, January 7th. Evercore ISI assumed coverage on shares of D-Wave Quantum in a report on Wednesday, December 3rd. They issued an “outperform” rating and a $44.00 price target on the stock. Zacks Research raised shares of D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. Benchmark increased their target price on D-Wave Quantum from $20.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Finally, Jefferies Financial Group began coverage on D-Wave Quantum in a report on Tuesday, December 16th. They issued a “buy” rating and a $45.00 target price on the stock. Thirteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $35.36.

D-Wave Quantum News Roundup

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

• Positive Sentiment: D-Wave completed its acquisition of Quantum Circuits Inc., a $550M deal management says accelerates its path into error-corrected gate-model systems and broadens its product roadmap — a strategic use of the company’s large cash reserves that could meaningfully boost future revenue. D-Wave Completes Acquisition (Yahoo) BusinessWire: Acquisition Complete
• Positive Sentiment: Management and analysts highlight a technological leap — D‑Wave demonstrated scalable on‑chip cryogenic control for gate‑model qubits — which, combined with the acquisition, positions the company in both annealing and gate‑model approaches and supports a longer‑term growth narrative. 3 Key Ways D-Wave Is Developing an Advantage (MarketBeat)
• Positive Sentiment: Despite today’s weakness, some analysts note D‑Wave’s shares were partially supported by strength elsewhere in the quantum space (a contract win by another quantum player) that reduced what might otherwise have been a larger sell‑off. D-Wave Stock Sank — Buying Opportunity? (The Motley Fool)
• Neutral Sentiment: Some commentary asks if D‑Wave’s recent 1‑year surge merits a reassessment of the stock given its still-modest revenues and speculative nature — useful for investors weighing valuation vs. progress. Is It Time To Reassess After 1‑Year Surge? (Yahoo)
• Negative Sentiment: Near‑term selling pressure was driven by a marketwide risk‑off after escalated geopolitical rhetoric around Greenland and concerns about renewed trade tensions — a macro catalyst that hit high‑beta and hyped growth names like QBTS. Why D‑Wave Stock Dropped Today (The Motley Fool)
• Negative Sentiment: Broader sector caution: analysts warn quantum stocks have seen extreme run‑ups and a “reality check” on valuations is underway, which can amplify downward moves for speculative names until revenue growth and profitability become clearer. $4.15B Reality Check for Quantum Stocks (The Motley Fool)

D-Wave Quantum Stock Performance

Shares of QBTS stock opened at $25.99 on Thursday. 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 market cap of $9.10 billion, a PE ratio of -19.25 and a beta of 1.57. The company’s fifty day simple moving average is $26.17 and its 200-day simple moving average is $24.32. D-Wave Quantum Inc. has a 52 week low of $4.45 and a 52 week high of $46.75.

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

Insider Buying and Selling

In other news, CFO John M. Markovich sold 9,179 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $28.06, for a total value of $257,562.74. Following the completion of the sale, the chief financial officer owned 1,462,133 shares in the company, valued at approximately $41,027,451.98. This trade represents a 0.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John D. Dilullo sold 8,000 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $27.36, for a total value of $218,880.00. Following the sale, the director owned 27,803 shares in the company, valued at approximately $760,690.08. The trade was a 22.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,346,916 shares of company stock valued at $65,591,314. 3.20% of the stock is owned by insiders.

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.