Rohit Ghai Sells 13,518 Shares of D-Wave Quantum (NYSE:QBTS) Stock

D-Wave Quantum Inc. (NYSE:QBTS) Director Rohit Ghai sold 13,518 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $26.41, for a total value of $357,010.38. Following the completion of the transaction, the director directly owned 23,617 shares of the company’s stock, valued at approximately $623,724.97. This trade represents a 36.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

D-Wave Quantum Price Performance

Shares of NYSE:QBTS opened at $22.94 on Thursday. D-Wave Quantum Inc. has a fifty-two week low of $12.75 and a fifty-two week high of $46.75. The business has a 50-day simple moving average of $22.31 and a two-hundred day simple moving average of $22.31. The company has a debt-to-equity ratio of 0.03, a quick ratio of 21.31 and a current ratio of 21.41. The firm has a market cap of $8.49 billion, a price-to-earnings ratio of -20.30 and a beta of 2.05.

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

D-Wave Quantum News Roundup

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

• Positive Sentiment: Recent analyst commentary remains supportive, with Mizuho reportedly raising its price target after D-Wave’s analyst day and roadmap updates, reinforcing optimism around the company’s long-term quantum strategy. Article Title
• Positive Sentiment: Earlier in the week, commentary highlighted D-Wave’s gate-model roadmap and commercialization efforts, which helped fuel bullish sentiment around the stock’s growth potential. Article Title
• Neutral Sentiment: Some investors continue to frame QBTS as a leader in pure-play quantum computing, but the stock’s premium valuation means expectations are already elevated. Article Title
• Neutral Sentiment: Analysts are still debating whether D-Wave can defend its position against larger and faster-growing rivals, keeping the focus on competitive execution rather than near-term fundamentals. Article Title
• Negative Sentiment: The broader quantum sector reversed part of its earlier surge, with D-Wave pulled lower as traders took profits after the recent run-up. Article Title
• Negative Sentiment: New SEC filings showed CFO John M. Markovich and Director Rohit Ghai sold shares, which can weigh on sentiment even though the sales were reportedly tied to tax withholding and a 10b5-1 plan. Article Title

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of D-Wave Quantum in a report on Tuesday, June 2nd. Canaccord Genuity Group reduced their target price on shares of D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Stifel Nicolaus set a $35.00 target price on shares of D-Wave Quantum in a report on Tuesday, June 2nd. Northland Securities initiated coverage on D-Wave Quantum in a research note on Monday, April 20th. They issued a “market perform” rating and a $22.00 price target for the company. Finally, Rosenblatt Securities restated a “buy” rating and issued a $43.00 price target on shares of D-Wave Quantum in a research note on Thursday, June 11th. Fourteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QBTS. Baird Financial Group Inc. boosted its stake in D-Wave Quantum by 12.0% in the 1st quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock worth $92,000 after purchasing an additional 1,300 shares during the period. Royal Bank of Canada boosted its stake in D-Wave Quantum by 59.8% in the 1st quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock worth $1,231,000 after purchasing an additional 60,668 shares during the period. AQR Capital Management LLC boosted its stake in D-Wave Quantum by 201.0% in the 1st quarter. AQR Capital Management LLC now owns 200,765 shares of the company’s stock worth $1,526,000 after purchasing an additional 134,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in D-Wave Quantum by 93.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company’s stock worth $825,000 after purchasing an additional 52,437 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of D-Wave Quantum by 125.7% during the 1st quarter. NewEdge Advisors LLC now owns 43,786 shares of the company’s stock valued at $333,000 after acquiring an additional 24,382 shares during the last quarter. 42.47% of the stock is currently owned by institutional investors.

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.