Recent discussions on X about D-Wave Quantum Inc. (QBTS) have been fueled by the company's significant stock price surge and growing interest in quantum computing. Many users are highlighting a reported year-to-date increase of over 124%, with some pointing to upcoming Q2 results on August 7 as a potential catalyst for further movement. The buzz also centers on surveys suggesting business leaders are increasingly eyeing quantum integration, adding to the excitement.
However, not all sentiments are positive, as critical voices on X question the legitimacy of D-Wave’s technology, with some labeling its quantum annealing approach as outdated or unproven. Skeptics have also raised concerns about the company’s long-term financial health, citing past dilution of shares as a red flag. These contrasting views create a dynamic and heated conversation around the stock’s future prospects.
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 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 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
- ROGER BISCAY sold 106,626 shares for an estimated $1,796,328
- DIANE NGUYEN (General Counsel) has made 0 purchases and 2 sales selling 85,762 shares for an estimated $1,610,053.
- 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 3 sales selling 57,000 shares for an estimated $902,802.
- ROHIT GHAI sold 43,517 shares for an estimated $731,303
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
D-Wave Quantum Inc. Hedge Fund Activity
We have seen 212 institutional investors add shares of D-Wave Quantum Inc. stock to their portfolio, and 88 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PUBLIC SECTOR PENSION INVESTMENT BOARD removed 40,057,252 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $304,435,115
- D. E. SHAW & CO., INC. added 12,578,703 shares (+9434.7%) to their portfolio in Q1 2025, for an estimated $95,598,142
- BLACKROCK, INC. added 5,458,599 shares (+63.3%) to their portfolio in Q1 2025, for an estimated $41,485,352
- VANGUARD GROUP INC added 4,166,721 shares (+58.5%) to their portfolio in Q1 2025, for an estimated $31,667,079
- TWO SIGMA INVESTMENTS, LP added 2,941,432 shares (+inf%) to their portfolio in Q1 2025, for an estimated $22,354,883
- MILLENNIUM MANAGEMENT LLC removed 2,717,221 shares (-98.7%) from their portfolio in Q1 2025, for an estimated $20,650,879
- PENSERRA CAPITAL MANAGEMENT LLC added 2,253,741 shares (+80.1%) to their portfolio in Q1 2025, for an estimated $17,128,431
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 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Canaccord Genuity issued a "Buy" rating on 07/23/2025
- B. Riley Securities issued a "Buy" rating on 07/23/2025
- Cantor Fitzgerald issued a "Overweight" rating on 07/02/2025
- Benchmark issued a "Buy" rating on 06/18/2025
- Needham issued a "Buy" rating on 05/09/2025
- Roth MKM issued a "Buy" rating on 03/14/2025
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 6 analysts offer price targets for $QBTS in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Kingsley Crane from Canaccord Genuity set a target price of $20.0 on 07/23/2025
- Craig Ellis from B. Riley Securities set a target price of $22.0 on 07/23/2025
- Troy Jensen from Cantor Fitzgerald set a target price of $20.0 on 07/02/2025
- David Williams from Benchmark set a target price of $20.0 on 06/18/2025
- Quinn Bolton from Needham set a target price of $13.0 on 05/09/2025
- Suji Desilva from Roth MKM set a target price of $10.0 on 03/14/2025
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.