D-Wave Quantum (NYSE:QBTS) CFO John Markovich Sells 2,908 Shares of Stock

Posted by Brian Himes on Jun 5th, 2026

D-Wave Quantum Inc. (NYSE:QBTS – Get Free Report) CFO John Markovich sold 2,908 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $31.00, for a total transaction of $90,148.00. Following the sale, the chief financial officer owned 1,439,912 shares in the company, valued at $44,637,272. This trade represents a 0.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

D-Wave Quantum Stock Up 0.5%

Shares of NYSE:QBTS opened at $27.68 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 21.41 and a quick ratio of 21.31. The firm has a market capitalization of $10.24 billion, a PE ratio of -24.50 and a beta of 2.05. The firm’s 50-day moving average is $20.55 and its two-hundred day moving average is $22.19. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75.

D-Wave Quantum (NYSE:QBTS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. The company had revenue of $2.86 million for the quarter, compared to analyst estimates of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The business’s revenue for the quarter was down 80.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.02) earnings per share. Analysts predict that D-Wave Quantum Inc. will post -0.43 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of D-Wave Quantum in a research note on Tuesday. Mizuho cut their target price on shares of D-Wave Quantum from $31.00 to $29.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Stifel Nicolaus set a $35.00 target price on shares of D-Wave Quantum in a research note on Tuesday. TD Cowen assumed coverage on shares of D-Wave Quantum in a research note on Thursday, February 12th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group restated a “buy” rating on shares of D-Wave Quantum in a research note on Tuesday, May 12th. Fourteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, D-Wave Quantum currently has a consensus rating of “Moderate Buy” and an average target price of $36.40.

Check Out Our Latest Report on D-Wave Quantum

Hedge Funds Weigh In On D-Wave Quantum

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC boosted its holdings in D-Wave Quantum by 388.0% in the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock valued at $26,000 after purchasing an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of D-Wave Quantum in the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC boosted its holdings in shares of D-Wave Quantum by 267.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after acquiring an additional 838 shares during the period. Mcguire Capital Advisors Inc. acquired a new stake in shares of D-Wave Quantum in the fourth quarter valued at approximately $31,000. Finally, Ancora Advisors LLC acquired a new stake in shares of D-Wave Quantum in the third quarter valued at approximately $30,000. 42.47% of the stock is owned by institutional investors and hedge funds.

D-Wave Quantum News Roundup

Here are the key news stories impacting D-Wave Quantum this week:

Positive Sentiment: D-Wave’s Investor Day messaging emphasized that quantum computing is already commercial, which may have reinforced the bullish long-term case for QBTS and helped support investor interest. D-Wave Quantum Inc. (QBTS) Analyst/Investor Day Transcript
Positive Sentiment: Jim Cramer said D-Wave “might be worth owning,” adding a media boost to the stock’s visibility and keeping it on investors’ radar. Jim Cramer on D-Wave Quantum: “It Might Be Worth Owning”
Positive Sentiment: D-Wave also announced it earned Great Place To Work certification for 2026, a small but favorable sign of culture and hiring strength during rapid growth. D-Wave Certified as a Great Place To Work® Company
Neutral Sentiment: Quantinuum’s market debut drew attention to quantum computing as a hot theme, but the new listing also created volatility across the group as investors rotated between names. Quantinuum Stock Falls After Uninspiring Quantum IPO Debut. What Went Wrong?
Negative Sentiment: QBTS was reported lower along with other quantum stocks ahead of Quantinuum’s Nasdaq debut, suggesting the sector is being treated as one trade and can sell off when investor enthusiasm cools. Rigetti, D-Wave, IonQ Stocks Sink as Quantinuum’s $1.5 Billion IPO Nears Nasdaq Debut
Negative Sentiment: Insider selling by CFO John M. Markovich may weigh on sentiment, even though the sale was relatively small versus his remaining holdings. SEC Form 4 for John M. Markovich

About D-Wave Quantum

(Get Free Report)

D-Wave Quantum Inc (NYSE: QBTS) develops and provides quantum computing systems, software and services focused on quantum annealing technology. Headquartered in Burnaby, British Columbia, D-Wave designs specialized processors that leverage quantum mechanics to solve complex optimization and sampling problems. Since its founding in 1999 by physicists including Geordie Rose, the company has pursued the development of commercially viable quantum hardware and accompanying software tools.

The company’s product portfolio centers on its quantum annealers, which are complemented by hybrid solvers that integrate classical and quantum computing resources.