Merger Announcement: Recent buzz on social media has centered around D-Wave Quantum Inc.'s $550 million acquisition of Quantum Circuits Inc. Many are discussing how this merger could position the company as a leader in gate-model quantum computing. The deal, expected to close soon, has sparked significant interest in the stock's future.
Tech Breakthroughs: Alongside the merger, conversations highlight D-Wave's claimed industry-first in scalable, on-chip cryogenic control for qubits. Some users are excited about the potential for this to reduce wiring challenges in quantum systems. The anticipation of new models by 2026 is fueling further debate on the company’s trajectory.
Market Reactions: The stock has seen volatile reactions, with some pointing to analyst support for the merger as a positive sign. Others remain skeptical, referencing past criticisms of D-Wave’s quantum annealing technology. The mixed opinions keep the discussion lively and dynamic.
Note: This discussion summary was generated from an AI condensation of post data.
D-Wave Quantum Inc. Insider Trading Activity
D-Wave Quantum Inc. insiders have traded $QBTS stock on the open market 30 times in the past 6 months. Of those trades, 1 have been purchases and 29 have been sales.
Here’s a breakdown of recent trading of $QBTS stock by insiders over the last 6 months:
- ALAN E BARATZ (President & CEO) has made 0 purchases and 4 sales selling 1,799,471 shares for an estimated $52,457,369.
- JOHN M. MARKOVICH (Chief Financial Officer) has made 0 purchases and 11 sales selling 867,616 shares for an estimated $20,055,053.
- DIANE NGUYEN (EVP, Chief Legal Officer & GC) has made 0 purchases and 7 sales selling 115,633 shares for an estimated $2,773,902.
- STEVEN M WEST has made 1 purchase buying 82 shares for an estimated $1,794 and 2 sales selling 144,000 shares for an estimated $2,603,540.
- ROHIT GHAI has made 0 purchases and 2 sales selling 20,000 shares for an estimated $422,161.
- JOHN D DILULLO has made 0 purchases and 2 sales selling 16,000 shares for an estimated $362,321.
- KIRSTJEN NIELSEN sold 7,000 shares for an estimated $158,340
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
D-Wave Quantum Inc. Revenue
D-Wave Quantum Inc. had revenues of $3.7M in Q3 2025. This is an increase of 99.95% from the same period in the prior year.
You can track QBTS financials on Quiver Quantitative's QBTS stock page.
D-Wave Quantum Inc. Hedge Fund Activity
We have seen 315 institutional investors add shares of D-Wave Quantum Inc. stock to their portfolio, and 119 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 11,218,255 shares (+41.2%) to their portfolio in Q3 2025, for an estimated $277,203,081
- UBS GROUP AG added 10,205,427 shares (+541.6%) to their portfolio in Q3 2025, for an estimated $252,176,101
- BANK OF AMERICA CORP /DE/ removed 9,325,387 shares (-63.3%) from their portfolio in Q3 2025, for an estimated $230,430,312
- PRICE T ROWE ASSOCIATES INC /MD/ added 3,745,315 shares (+448.3%) to their portfolio in Q3 2025, for an estimated $92,546,733
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 3,099,209 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $76,581,454
- BLACKROCK, INC. added 2,975,256 shares (+12.8%) to their portfolio in Q3 2025, for an estimated $73,518,575
- MAREX GROUP PLC removed 2,843,135 shares (-52.0%) from their portfolio in Q3 2025, for an estimated $70,253,865
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
D-Wave Quantum Inc. Analyst Ratings
Wall Street analysts have issued reports on $QBTS in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Rosenblatt issued a "Buy" rating on 01/08/2026
- Wedbush issued a "Outperform" rating on 12/17/2025
- Mizuho issued a "Outperform" rating on 12/11/2025
- Benchmark issued a "Buy" rating on 11/10/2025
- Cantor Fitzgerald issued a "Overweight" rating on 11/07/2025
- Canaccord Genuity issued a "Buy" rating on 11/07/2025
- Piper Sandler issued a "Overweight" rating on 08/08/2025
To track analyst ratings and price targets for D-Wave Quantum Inc., check out Quiver Quantitative's $QBTS forecast page.
D-Wave Quantum Inc. Price Targets
Multiple analysts have issued price targets for $QBTS recently. We have seen 12 analysts offer price targets for $QBTS in the last 6 months, with a median target of $37.5.
Here are some recent targets:
- John McPeake from Rosenblatt set a target price of $43.0 on 01/08/2026
- Antoine Legault from Wedbush set a target price of $35.0 on 12/17/2025
- Kevin Garrigan from Jefferies set a target price of $45.0 on 12/16/2025
- Vijay Rakesh from Mizuho set a target price of $46.0 on 12/11/2025
- Mark Lipacis from Evercore ISI Group set a target price of $44.0 on 12/03/2025
- David Williams from Benchmark set a target price of $35.0 on 11/10/2025
- Troy Jensen from Cantor Fitzgerald set a target price of $40.0 on 11/07/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
