D-Wave Quantum Inc. $QBTS Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its holdings in D-Wave Quantum Inc. (NYSE:QBTS) by 4.0% during the 4th quarter, HoldingsChannel reports. The fund owned 36,909,069 shares of the company’s stock after selling 1,545,800 shares during the quarter. Vanguard Group Inc. owned about 0.11% of D-Wave Quantum worth $965,172,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of QBTS. UNICOM Systems Inc. grew its stake in shares of D-Wave Quantum by 12.1% in the 3rd quarter. UNICOM Systems Inc. now owns 3,121,346 shares of the company’s stock valued at $77,128,000 after purchasing an additional 337,838 shares during the period. Csenge Advisory Group grew its stake in shares of D-Wave Quantum by 99.1% in the 3rd quarter. Csenge Advisory Group now owns 35,886 shares of the company’s stock valued at $887,000 after purchasing an additional 17,860 shares during the period. Mutual Advisors LLC bought a new stake in shares of D-Wave Quantum in the 3rd quarter valued at approximately $1,069,000. Federated Hermes Inc. grew its stake in shares of D-Wave Quantum by 259,560.6% in the 3rd quarter. Federated Hermes Inc. now owns 184,359 shares of the company’s stock valued at $4,556,000 after purchasing an additional 184,288 shares during the period. Finally, McGuire Investment Group LLC grew its stake in shares of D-Wave Quantum by 7.9% in the 3rd quarter. McGuire Investment Group LLC now owns 395,778 shares of the company’s stock valued at $9,780,000 after purchasing an additional 28,968 shares during the period. Institutional investors and hedge funds own 42.47% of the company’s stock.

More D-Wave Quantum News

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

• Positive Sentiment: Management is staging its first-ever Investor Day at the New York Stock Exchange, increasing visibility with institutional investors and providing a forum to present roadmaps for revenue, bookings and product strategy. This can support near-term sentiment and liquidity. D-Wave Quantum (QBTS) to Host First-Ever Investor Day at the New York Stock Exchange
• Positive Sentiment: Zacks upgraded QBTS from “strong sell” to “hold,” removing a strong negative rating and signaling modestly improved analyst sentiment — a supportive technical for the stock. Zacks upgrade / TickerReport
• Positive Sentiment: Coverage and comparison pieces highlight renewed investor interest driven by AI-quantum convergence, bookings growth and policy support — factors cited as potential upside drivers if execution and commercial traction continue. QBTS or RGTI: Which Quantum Play Will Offer Better Upside in May?
• Neutral Sentiment: Balanced analyst write-ups (bull vs. bear) lay out both long-term potential and short-term risks without a clear consensus — useful for investors but not a decisive price catalyst by itself. Bull vs. Bear: D-Wave Quantum
• Neutral Sentiment: Valuation and volatility analyses note large recent swings (big month-to-month moves and YTD weakness), which keep QBTS a high-beta trade for investors willing to accept execution risk. Assessing D-Wave Quantum (QBTS) Valuation After Recent Volatility And Contrasting Shareholder Returns
• Neutral Sentiment: Coverage of peers (e.g., Rigetti) provides comparative context — competitors’ balance-sheet strength or product progress matter for relative positioning but don’t directly move QBTS absent company-specific news. Rigetti’s Balance Sheet Strength Supports Quantum Growth Path
• Negative Sentiment: Media commentary framing the broader software/tech bear market raises sector headwinds and questions whether it’s the right time to “buy the dip” in quantum stocks, which can pressure sentiment if macro risk aversion rises. Software Bear Market: Should You Buy the Dip in D-Wave Quantum Stock Right Now?
• Negative Sentiment: Fundamental headwinds persist: a recent quarterly EPS and revenue miss, deeply negative margins and ongoing net losses mean QBTS must show scaling revenue and margin improvements to justify higher valuations — execution shortfalls would weigh on the stock.

Insiders Place Their Bets

In other news, Director Rohit Ghai sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $17.62, for a total value of $176,200.00. Following the transaction, the director directly owned 27,778 shares of the company’s stock, valued at $489,448.36. The trade was a 26.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John M. Markovich sold 10,706 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $17.63, for a total value of $188,746.78. Following the completion of the transaction, the chief financial officer directly owned 1,451,427 shares in the company, valued at $25,588,658.01. The trade was a 0.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 31,776 shares of company stock valued at $574,571 over the last quarter. 3.20% of the stock is owned by insiders.

D-Wave Quantum Stock Up 1.1%

Shares of QBTS opened at $20.50 on Friday. The company has a market capitalization of $7.58 billion, a P/E ratio of -18.63 and a beta of 1.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 42.38 and a quick ratio of 42.25. D-Wave Quantum Inc. has a one year low of $6.82 and a one year high of $46.75. The business’s 50 day simple moving average is $17.44 and its 200-day simple moving average is $23.63.

D-Wave Quantum (NYSE:QBTS) last announced its earnings results on Thursday, February 26th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The business had revenue of $2.75 million during the quarter, compared to analyst estimates of $3.74 million. D-Wave Quantum had a negative return on equity of 58.58% and a negative net margin of 1,444.10%.D-Wave Quantum’s quarterly revenue was up 21.7% on a year-over-year basis. As a group, sell-side analysts predict that D-Wave Quantum Inc. will post -0.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Roth Mkm lowered their price objective on D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $43.00 price objective on shares of D-Wave Quantum in a research note on Wednesday, January 28th. Needham & Company LLC lowered their price objective on D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Mizuho lowered their price objective on D-Wave Quantum from $46.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Finally, Benchmark reiterated a “buy” rating and issued a $35.00 price objective on shares of D-Wave Quantum in a research note on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating, two have issued 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 an average rating of “Moderate Buy” and an average price target of $35.53.

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.