D-Wave Quantum (NASDAQ:QBTS) Shares Down 1.8% – Time to Sell?

D-Wave Quantum Inc. (NASDAQ:QBTS)’s stock price was down 1.8% during mid-day trading on Thursday. The company traded as low as $11.22 and last traded at $11.56. 10,805,483 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 25,722,654 shares. The stock had previously closed at $11.77.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: A recent investing article identified D-Wave’s quantum-powered efficiency tools as a potential growth driver, suggesting that commercial adoption could support the company’s long-term opportunity. 3 Quantum Computing Stocks to Buy Before They Soar
• Neutral Sentiment: Multiple law firms reminded shareholders that they may seek appointment as lead plaintiff in the pending D-Wave securities class action. The principal deadline is December 15, 2026, although one notice cited December 14. These announcements primarily seek investor participation and do not establish liability. Deadline Alert for D-Wave Quantum
• Negative Sentiment: The lawsuit alleges that D-Wave and certain executives made misleading statements or failed to disclose material information between February 26 and August 25, 2026. Continued legal publicity raises potential litigation, reputational and financial risks for QBTS. D-Wave Quantum Securities Fraud Class Action Notice
• Negative Sentiment: The allegations focus in part on D-Wave’s second-quarter revenue of $3.08 million, which was below analyst expectations of roughly $4.03 million to $4.08 million. The shortfall has intensified scrutiny of the company’s growth outlook, particularly given its elevated valuation and substantial losses. QBTS Securities Class Action Deadline

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Zacks Research cut D-Wave Quantum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Weiss Ratings raised shares of D-Wave Quantum from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, August 28th. Jefferies Financial Group set a $40.00 price objective on shares of D-Wave Quantum in a research note on Friday, August 7th. BMO Capital Markets assumed coverage on shares of D-Wave Quantum in a research report on Thursday, August 20th. They set an “outperform” rating and a $35.00 target price on the stock. Finally, Roth Capital reiterated a “buy” rating and set a $30.00 price objective on shares of D-Wave Quantum in a report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.27.

D-Wave Quantum Trading Down 7.9%

The business has a fifty day moving average of $15.45 and a 200-day moving average of $19.38. The company has a debt-to-equity ratio of 0.03, a quick ratio of 20.42 and a current ratio of 20.55. The company has a market capitalization of $3.94 billion, a P/E ratio of -15.00 and a beta of 2.18.

D-Wave Quantum (NASDAQ:QBTS) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.02). The business had revenue of $3.08 million for the quarter, compared to analyst estimates of $4.03 million. D-Wave Quantum had a negative return on equity of 26.67% and a negative net margin of 2,001.59%. The business’s quarterly revenue was down 0.6 on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.08) EPS. Analysts anticipate that D-Wave Quantum Inc. will post -0.46 earnings per share for the current fiscal year.

Institutional Trading of D-Wave Quantum

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrity Alliance LLC. purchased a new stake in shares of D-Wave Quantum during the 3rd quarter worth approximately $272,000. bLong Financial LLC raised its holdings in shares of D-Wave Quantum by 6.2% in the 3rd quarter. bLong Financial LLC now owns 28,454 shares of the company’s stock worth $471,000 after purchasing an additional 1,661 shares during the period. International Assets Investment Management LLC lifted its stake in D-Wave Quantum by 158.1% in the third quarter. International Assets Investment Management LLC now owns 40,000 shares of the company’s stock valued at $663,000 after purchasing an additional 24,502 shares during the last quarter. Choreo LLC lifted its stake in D-Wave Quantum by 21.9% in the third quarter. Choreo LLC now owns 20,615 shares of the company’s stock valued at $342,000 after purchasing an additional 3,705 shares during the last quarter. Finally, Latitude Advisors LLC purchased a new position in D-Wave Quantum in the third quarter valued at approximately $38,000. 42.47% of the stock is owned by institutional investors.

D-Wave Quantum Company Profile

D-Wave Quantum Inc (NASDAQ: QBTS) is a quantum computing company that develops and provides quantum computing systems, software, and related services. The company focuses on both quantum annealing and gate-model quantum computing, with the goal of helping organizations address complex optimization, artificial intelligence, materials science, cybersecurity, and other computational challenges.

Its product portfolio includes quantum computing systems, hybrid quantum-classical solutions, and the Leap quantum cloud service, which gives customers access to D-Wave systems through the cloud.