D-Wave Quantum (QBTS) to Release Earnings on Thursday

D-Wave Quantum (NYSE:QBTS) is projected to release its Q4 2025 results before the market opens on Thursday, February 26th. Analysts expect D-Wave Quantum to post earnings of ($0.05) per share and revenue of $3.74 million for the quarter. Investors can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Thursday, February 26, 2026 at 8:00 AM ET.

D-Wave Quantum Price Performance

Shares of QBTS opened at $18.02 on Tuesday. The firm has a fifty day simple moving average of $24.72 and a two-hundred day simple moving average of $24.95. The firm has a market cap of $6.66 billion, a PE ratio of -13.35 and a beta of 1.56. 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 has a 1-year low of $4.45 and a 1-year high of $46.75.

Insider Activity at D-Wave Quantum

In other D-Wave Quantum news, Director Kirstjen Nielsen sold 7,000 shares of the company’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 value of $158,340.00. Following the completion of the transaction, the director directly owned 112,673 shares in the company, valued at $2,548,663.26. This represents a 5.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Rohit Ghai sold 10,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $24.28, for a total transaction of $242,800.00. Following the completion of the sale, the director directly owned 37,778 shares of the company’s stock, valued at approximately $917,249.84. This trade represents a 20.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,074,466 shares of company stock worth $31,558,806 in the last quarter. 3.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new stake in D-Wave Quantum in the 4th quarter worth $28,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of D-Wave Quantum during the fourth quarter worth about $31,000. Ancora Advisors LLC bought a new stake in D-Wave Quantum during the 3rd quarter valued at approximately $30,000. Parkside Financial Bank & Trust raised its stake in D-Wave Quantum by 144.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,270 shares of the company’s stock valued at $33,000 after purchasing an additional 750 shares during the period. Finally, Triumph Capital Management lifted its holdings in D-Wave Quantum by 650.0% in the 4th quarter. Triumph Capital Management now owns 1,500 shares of the company’s stock worth $39,000 after purchasing an additional 1,300 shares in the last quarter. Institutional investors own 42.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Zacks Research raised D-Wave Quantum from a “strong sell” rating to a “hold” rating in a report on Thursday, November 6th. Wall Street Zen lowered shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Wedbush assumed coverage on shares of D-Wave Quantum in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $35.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of D-Wave Quantum in a research report on Monday, December 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $43.00 target price on shares of D-Wave Quantum in a report on Wednesday, January 28th. Fourteen investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.21.

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.