Recent Earnings Buzz: D-Wave Quantum Inc. (QBTS) has sparked intense discussion on X following its Q3 2025 earnings report, which showed a smaller-than-expected loss and nearly 100% year-over-year revenue growth. Despite the positive financials, the stock experienced a dip, with some pointing to broader market trends as the cause. Posts on X highlight a mix of excitement over the company’s progress and frustration with ongoing volatility.
Tech Breakthroughs: The company’s recent proof-of-concept project with a major chemical firm, slashing manufacturing scheduling times dramatically, has also fueled chatter on X. Many are intrigued by D-Wave’s hybrid-quantum technology and new European deals, seeing them as steps toward real-world adoption. However, debates persist about the long-term viability of their quantum annealing approach amidst industry skepticism.
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 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 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 2 sales selling 877,182 shares for an estimated $15,751,007.
- JOHN M. MARKOVICH (Chief Financial Officer) has made 0 purchases and 5 sales selling 257,994 shares for an estimated $4,654,684.
- DIANE NGUYEN (EVP, Chief Legal Officer & GC) has made 0 purchases and 6 sales selling 175,859 shares for an estimated $3,780,412.
- 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 288 institutional investors add shares of D-Wave Quantum Inc. stock to their portfolio, and 107 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
- 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
- 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
- MORGAN STANLEY added 2,650,737 shares (+152.7%) to their portfolio in Q2 2025, for an estimated $38,806,789
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 7 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 11/07/2025
- Canaccord Genuity issued a "Buy" rating on 11/07/2025
- Cantor Fitzgerald issued a "Overweight" rating on 11/07/2025
- 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
- B. Riley Securities issued a "Buy" rating on 07/23/2025
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 $31.5.
Here are some recent targets:
- John McPeake from Rosenblatt set a target price of $40.0 on 11/07/2025
- Troy Jensen from Cantor Fitzgerald 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
- 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
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.
