D-Wave Quantum (NYSE:QBTS) CFO Sells $90,148.00 in Stock

D-Wave Quantum Inc. (NYSE:QBTS) CFO John Markovich sold 2,908 shares of D-Wave Quantum stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $31.00, for a total value of $90,148.00. Following the sale, the chief financial officer owned 1,439,912 shares in the company, valued at $44,637,272. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

D-Wave Quantum Stock Performance

Shares of D-Wave Quantum stock opened at $23.87 on Friday. The business’s fifty day simple moving average is $20.70 and its 200 day simple moving average is $22.20. The firm has a market capitalization of $8.83 billion, a P/E ratio of -21.12 and a beta of 2.05. D-Wave Quantum Inc. has a 12 month low of $12.75 and a 12 month high of $46.75. The company has a current ratio of 21.41, a quick ratio of 21.31 and a debt-to-equity ratio of 0.03.

D-Wave Quantum (NYSE:QBTS) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The business had revenue of $2.86 million for the quarter, compared to analyst estimates of $4.19 million. D-Wave Quantum had a negative return on equity of 44.06% and a negative net margin of 2,957.23%.D-Wave Quantum’s quarterly revenue was down 80.9% compared to the same quarter last year. During the same period last year, the company posted ($0.02) earnings per share. As a group, analysts anticipate that D-Wave Quantum Inc. will post -0.43 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on QBTS. Weiss Ratings lowered D-Wave Quantum from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, April 29th. Jefferies Financial Group restated a “buy” rating on shares of D-Wave Quantum in a research note on Tuesday, May 12th. Wall Street Zen lowered D-Wave Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Northland Securities began coverage on D-Wave Quantum in a research note on Monday, April 20th. They issued a “market perform” rating and a $22.00 target price on the stock. Finally, TD Cowen began coverage on D-Wave Quantum in a research note on Thursday, February 12th. They issued a “buy” rating on the stock. Fourteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $36.40.

Hedge Funds Weigh In On D-Wave Quantum

Several hedge funds have recently made changes to their positions in QBTS. Root Financial Partners LLC grew its position in shares of D-Wave Quantum by 388.0% in the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock valued at $26,000 after purchasing an additional 776 shares in the last quarter. Parallel Advisors LLC grew its position in shares of D-Wave Quantum by 545.5% in the first quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock valued at $26,000 after purchasing an additional 1,511 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of D-Wave Quantum in the fourth quarter valued at $28,000. PeakShares LLC purchased a new position in shares of D-Wave Quantum in the first quarter valued at $29,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of D-Wave Quantum by 267.7% in 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. 42.47% of the stock is currently owned by hedge funds and other institutional investors.

D-Wave Quantum News Summary

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

• Positive Sentiment: D-Wave outlined a new roadmap targeting 100 logical qubits by 2032, with more than 1 million operations and much lower error rates through its dual-rail architecture. That kind of long-range technical progress can support the stock by reinforcing the company’s commercialization story and its position in quantum computing. D-Wave Unveils Fault-Tolerant Quantum Computing Plan: What’s Ahead?
• Positive Sentiment: Recent Investor Day coverage highlighted D-Wave’s message that quantum computing is already commercial, which may be helping sustain bullish sentiment around QBTS and keeping investors focused on its long-term growth potential. D-Wave Quantum Inc. (QBTS) Analyst/Investor Day Transcript
• Positive Sentiment: The company also received a 2026 Great Place To Work certification, a modest but favorable signal about hiring culture and execution during a period of rapid expansion. D-Wave Certified as a Great Place To Work® Company
• Neutral Sentiment: Quantinuum’s IPO and media attention have lifted the profile of the broader quantum computing sector, but they have also increased trading volatility across the group, including QBTS. Quantinuum Stock Falls After Uninspiring Quantum IPO Debut. What Went Wrong?
• Negative Sentiment: QBTS was also reported to have traded lower alongside other quantum names ahead of Quantinuum’s Nasdaq debut, suggesting investors may be rotating within the sector rather than buying broadly. Rigetti, D-Wave, IonQ Stocks Sink as Quantinuum’s $1.5 Billion IPO Nears Nasdaq Debut
• Negative Sentiment: Sentiment may be slightly pressured by CFO John M. Markovich’s sale of 2,908 shares, even though the transaction was small relative to his remaining holdings. SEC Form 4 for John M. Markovich

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.