Tempo Wealth LLC Makes New Investment in D-Wave Quantum Inc. $QBTS

Posted by Brenda Bartman on Jun 19th, 2026

Tempo Wealth LLC acquired a new stake in D-Wave Quantum Inc. (NYSE:QBTS – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 29,610 shares of the company’s stock, valued at approximately $774,000.

A number of other institutional investors also recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd increased its holdings in D-Wave Quantum by 370.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 96,248 shares of the company’s stock valued at $2,378,000 after purchasing an additional 75,807 shares during the last quarter. SG Americas Securities LLC grew its position in shares of D-Wave Quantum by 254.7% during the 4th quarter. SG Americas Securities LLC now owns 2,272,020 shares of the company’s stock worth $59,413,000 after buying an additional 1,631,415 shares during the period. WBI Investments LLC acquired a new stake in shares of D-Wave Quantum in the 3rd quarter valued at approximately $844,000. Massachusetts Financial Services Co. MA acquired a new stake in shares of D-Wave Quantum in the 4th quarter valued at approximately $1,114,000. Finally, Clear Street Group Inc. bought a new position in D-Wave Quantum during the 3rd quarter worth approximately $75,344,000. 42.47% of the stock is owned by institutional investors.

Insider Activity at D-Wave Quantum

In related news, CEO Alan E. Baratz sold 687,627 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $26.13, for a total transaction of $17,967,693.51. Following the completion of the transaction, the chief executive officer owned 3,299,771 shares in the company, valued at approximately $86,223,016.23. This represents a 17.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Rohit Ghai sold 13,518 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $26.41, for a total transaction of $357,010.38. Following the completion of the transaction, the director directly owned 23,617 shares of the company’s stock, valued at approximately $623,724.97. This trade represents a 36.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,363,842 shares of company stock worth $35,802,656. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

QBTS has been the subject of several recent analyst reports. Roth Mkm upped their target price on shares of D-Wave Quantum from $30.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $40.00 price target on shares of D-Wave Quantum in a report on Wednesday, May 13th. Rosenblatt Securities reaffirmed a “buy” rating and set a $43.00 price objective on shares of D-Wave Quantum in a research note on Thursday, June 11th. B. Riley Financial lifted their target price on D-Wave Quantum from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of D-Wave Quantum in a research note on Tuesday, June 2nd. Fourteen equities 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 stock. According to MarketBeat.com, D-Wave Quantum currently has an average rating of “Moderate Buy” and an average price target of $36.80.

Check Out Our Latest Analysis on D-Wave Quantum

D-Wave Quantum Price Performance

QBTS stock opened at $24.65 on Friday. The stock has a 50-day moving average price of $22.53 and a two-hundred day moving average price of $22.32. D-Wave Quantum Inc. has a 1 year low of $12.75 and a 1 year high of $46.75. The stock has a market cap of $9.12 billion, a PE ratio of -21.82 and a beta of 2.05. The company has a current ratio of 21.41, a quick ratio of 21.31 and a debt-to-equity ratio of 0.03.

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

Key D-Wave Quantum News

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

Positive Sentiment: D-Wave announced the world’s first gate-model quantum computing simulator for error-aware programming, a product that could help developers build more reliable quantum applications and support its push into commercial gate-model computing. Article Title
Positive Sentiment: The company also said it secured up to $100 million in CHIPS Act-related backing and outlined a roadmap toward 100 logical qubits by 2032, which investors may view as validation of its federal support and future R&D pipeline. Article Title
Positive Sentiment: Analyst sentiment remains constructive, with recent price-target increases from firms including Mizuho, Roth MKM, and B. Riley reinforcing the view that QBTS may still have upside if execution improves. Article Title
Neutral Sentiment: Commentary continues to frame D-Wave as a leading pure-play quantum stock, but also notes that the valuation is demanding and leaves little room for disappointment. Article Title
Negative Sentiment: Recent SEC filings showed director Rohit Ghai sold shares under a pre-arranged trading plan, which can weigh on sentiment even if the sale was not driven by a negative outlook. Article Title
Negative Sentiment: Some traders appear to be taking profits after a sharp sector rally, which has created volatility across quantum-computing names and may limit follow-through gains in QBTS. Article Title

About D-Wave Quantum

(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.