Recent Volatility: D-Wave Quantum Inc. has sparked intense discussions on social media due to recent stock price swings. Many users are debating the reasons behind the sharp ups and downs, with some pointing to broader market trends in quantum computing stocks. The conversation reflects a mix of intrigue and uncertainty about the company’s near-term outlook.
Analyst Outlook: A recent positive analyst rating has fueled further chatter, with some on social media highlighting optimism about D-Wave’s dual-track quantum strategy. However, others remain skeptical, citing high valuation multiples and ongoing financial losses as red flags. The divide in opinions keeps the dialogue lively and engaging.
Future Potential: Announcements like the upcoming Qubits 2026 user conference have also caught attention, with a few users speculating on potential breakthroughs. Yet, concerns linger about the commercial viability of quantum annealing technology in a competitive field. This blend of hope and caution drives ongoing interest in the stock.
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 27 times in the past 6 months. Of those trades, 1 have been purchases and 26 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 3 sales selling 1,005,759 shares for an estimated $28,544,255.
- JOHN M. MARKOVICH (Chief Financial Officer) has made 0 purchases and 9 sales selling 756,054 shares for an estimated $16,776,166.
- DIANE NGUYEN (EVP, Chief Legal Officer & GC) has made 0 purchases and 6 sales selling 112,900 shares for an estimated $2,708,599.
- 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.
- JOHN D DILULLO has made 0 purchases and 3 sales selling 31,000 shares for an estimated $608,381.
- KIRSTJEN NIELSEN has made 0 purchases and 2 sales selling 20,000 shares for an estimated $366,860.
- ROHIT GHAI sold 10,000 shares for an estimated $179,320
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 314 institutional investors add shares of D-Wave Quantum Inc. stock to their portfolio, and 149 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 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- 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
- Rosenblatt issued a "Buy" rating on 11/07/2025
- Piper Sandler issued a "Overweight" rating on 08/08/2025
- Stifel issued a "Buy" rating on 08/05/2025
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 10 analysts offer price targets for $QBTS in the last 6 months, with a median target of $37.5.
Here are some recent targets:
- 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
- John McPeake from Rosenblatt set a target price of $40.0 on 11/07/2025
- Kingsley Crane from Canaccord Genuity set a target price of $41.0 on 11/07/2025
- Craig Ellis from B. Riley Securities set a target price of $33.0 on 09/22/2025
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.
