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

D-Wave Quantum (NYSE:QBTS) will likely be posting its Q1 2026 results before the market opens on Tuesday, May 12th. Analysts expect D-Wave Quantum to post earnings of ($0.08) per share and revenue of $4.1940 million for the quarter. Investors can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Tuesday, May 12, 2026 at 8:00 AM ET.

D-Wave Quantum (NYSE:QBTS) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The firm had revenue of $2.75 million during the quarter, compared to the consensus estimate of $3.74 million. D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The business’s revenue was up 21.7% on a year-over-year basis. On average, analysts expect D-Wave Quantum to post $0 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

D-Wave Quantum Stock Up 3.0%

QBTS stock opened at $22.65 on Friday. D-Wave Quantum has a fifty-two week low of $9.83 and a fifty-two week high of $46.75. The company has a debt-to-equity ratio of 0.04, a current ratio of 42.38 and a quick ratio of 42.25. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of -20.59 and a beta of 1.95. The business’s fifty day moving average price is $17.69 and its two-hundred day moving average price is $22.98.

Insider Buying and Selling

In other D-Wave Quantum news, VP Sophie C. Ames sold 3,070 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $21.35, for a total transaction of $65,544.50. Following the sale, the vice president directly owned 643,678 shares in the company, valued at $13,742,525.30. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John D. Dilullo sold 8,000 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $18.01, for a total transaction of $144,080.00. Following the completion of the transaction, the director directly owned 19,803 shares in the company, valued at approximately $356,652.03. This represents a 28.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 31,776 shares of company stock worth $574,571 in the last ninety days. 3.20% of the stock is owned by company insiders.

Institutional Trading of D-Wave Quantum

Large investors have recently made changes to their positions in the company. Mcguire Capital Advisors Inc. bought a new position in D-Wave Quantum in the fourth quarter valued at approximately $31,000. Invesco Ltd. boosted its holdings in shares of D-Wave Quantum by 0.7% in the 4th quarter. Invesco Ltd. now owns 844,033 shares of the company’s stock valued at $22,071,000 after purchasing an additional 5,871 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in shares of D-Wave Quantum by 26.3% in the 4th quarter. Corient Private Wealth LLC now owns 30,904 shares of the company’s stock valued at $802,000 after purchasing an additional 6,426 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of D-Wave Quantum by 100.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 60,175 shares of the company’s stock valued at $1,574,000 after purchasing an additional 30,223 shares during the last quarter. Finally, Vident Advisory LLC raised its holdings in shares of D-Wave Quantum by 2.8% during the 4th quarter. Vident Advisory LLC now owns 47,077 shares of the company’s stock worth $1,231,000 after buying an additional 1,276 shares in the last quarter. Institutional investors and hedge funds own 42.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on QBTS shares. Wall Street Zen downgraded shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Northland Securities initiated coverage on shares of D-Wave Quantum in a research note on Monday, April 20th. They issued a “market perform” rating and a $22.00 price objective for the company. TD Cowen initiated coverage on shares of D-Wave Quantum in a report on Thursday, February 12th. They issued a “buy” rating for the company. Roth Mkm decreased their target price on shares of D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $43.00 price target on shares of D-Wave Quantum in a research report on Wednesday, January 28th. Fourteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.