Research Analysts’ Recent Ratings Updates for D-Wave Quantum (QBTS)

Several brokerages have updated their recommendations and price targets on shares of D-Wave Quantum (NASDAQ: QBTS) in the last few weeks:

• 8/11/2026 – D-Wave Quantum was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
• 8/8/2026 – D-Wave Quantum was upgraded by Wall Street Zen from “strong sell” to “sell”.
• 8/7/2026 – D-Wave Quantum was given a new $40.00 price target by Jefferies Financial Group Inc..
• 8/7/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
• 8/6/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Roth Capital. They now have a $30.00 price target on the stock.
• 8/6/2026 – D-Wave Quantum was given a new $35.00 price target by Canaccord Genuity Group Inc..
• 8/3/2026 – D-Wave Quantum is now covered by Wedbush. They set an “outperform” rating and a $40.00 price target on the stock.
• 7/28/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
• 7/27/2026 – D-Wave Quantum is now covered by Benchmark Co.. They set a “buy” rating and a $30.00 price target on the stock.
• 7/27/2026 – D-Wave Quantum is now covered by Benchmark Co.. They set a “buy” rating and a $30.00 price target on the stock.
• 7/20/2026 – D-Wave Quantum was upgraded by Zacks Research from “hold” to “strong-buy”.
• 6/23/2026 – D-Wave Quantum was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.

Insider Buying and Selling at D-Wave Quantum

In related news, CEO Alan E. Baratz sold 687,627 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $26.13, for a total transaction of $17,967,693.51. Following the completion of the sale, the chief executive officer owned 3,299,771 shares in the company, valued at $86,223,016.23. This represents a 17.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO John M. Markovich sold 328,752 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $27.70, for a total value of $9,106,430.40. Following the completion of the sale, the chief financial officer directly owned 1,442,820 shares in the company, valued at $39,966,114. This trade represents a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,363,842 shares of company stock worth $35,789,148 in the last ninety days. 1.30% of the stock is owned by insiders.

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.