Recent discussions on X about D-Wave Quantum Inc. (QBTS) have been fueled by the company's significant stock price surge and ongoing debates over quantum computing's practical applications. Many users are captivated by the stock's dramatic rise, with some pointing to breakthroughs in quantum annealing and AI-driven demand as key drivers. However, there is notable skepticism about whether the company's fundamentals justify its current market valuation.
Further stirring the conversation are comments from industry leaders questioning the timeline for useful quantum computing, which have led to sharp reactions and volatility in QBTS stock sentiment. Some on X argue that D-Wave's technology is already delivering value to organizations, while others express concern over financial losses and potential dilution risks. The polarized views keep the dialogue intense and dynamic as investors weigh the future of quantum innovation.
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 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 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) sold 845,813 shares for an estimated $14,378,821
- JOHN M. MARKOVICH (Chief Financial Officer) has made 0 purchases and 4 sales selling 250,000 shares for an estimated $4,305,000.
- DIANE NGUYEN (EVP, Chief Legal Officer & GC) has made 0 purchases and 5 sales selling 155,032 shares for an estimated $2,869,369.
- STEVEN M WEST has made 0 purchases and 2 sales selling 144,000 shares for an estimated $2,603,540.
- ROGER BISCAY sold 106,626 shares for an estimated $1,796,328
- KIRSTJEN NIELSEN has made 0 purchases and 2 sales selling 71,644 shares for an estimated $1,159,373.
- JOHN D DILULLO has made 0 purchases and 4 sales selling 65,000 shares for an estimated $1,046,234.
- ROHIT GHAI has made 0 purchases and 2 sales selling 53,517 shares for an estimated $910,623.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
D-Wave Quantum Inc. Hedge Fund Activity
We have seen 254 institutional investors add shares of D-Wave Quantum Inc. stock to their portfolio, and 94 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 15,951,571 shares (+141.4%) to their portfolio in Q2 2025, for an estimated $233,530,999
- BANK OF AMERICA CORP /DE/ added 9,997,897 shares (+211.2%) to their portfolio in Q2 2025, for an estimated $146,369,212
- BLACKROCK, INC. added 9,148,548 shares (+65.0%) to their portfolio in Q2 2025, for an estimated $133,934,742
- UBS GROUP AG removed 4,007,824 shares (-68.0%) from their portfolio in Q2 2025, for an estimated $58,674,543
- PENSERRA CAPITAL MANAGEMENT LLC removed 3,898,252 shares (-76.9%) from their portfolio in Q2 2025, for an estimated $57,070,409
- RENAISSANCE TECHNOLOGIES LLC added 3,791,342 shares (+inf%) to their portfolio in Q2 2025, for an estimated $55,505,246
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 3,099,209 shares (+inf%) to their portfolio in Q2 2025, for an estimated $45,372,419
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 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 08/08/2025
- Stifel issued a "Buy" rating on 08/05/2025
- Benchmark issued a "Buy" rating on 08/04/2025
- Rosenblatt issued a "Buy" rating on 07/29/2025
- B. Riley Securities issued a "Buy" rating on 07/23/2025
- Canaccord Genuity issued a "Buy" rating on 07/23/2025
- Cantor Fitzgerald issued a "Overweight" rating on 07/02/2025
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 8 analysts offer price targets for $QBTS in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Craig Ellis from B. Riley Securities set a target price of $33.0 on 09/22/2025
- Harsh Kumar from Piper Sandler set a target price of $13.0 on 08/08/2025
- Ruben Roy from Stifel set a target price of $26.0 on 08/05/2025
- David Williams from Benchmark set a target price of $20.0 on 08/04/2025
- Kevin Garrigan from Rosenblatt set a target price of $30.0 on 07/29/2025
- Kingsley Crane from Canaccord Genuity set a target price of $20.0 on 07/23/2025
- Troy Jensen from Cantor Fitzgerald set a target price of $20.0 on 07/02/2025
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.
