D-Wave Quantum (NASDAQ:QBTS) Shares Down 2.7% – Time to Sell?

Posted by Francis Steltz on Aug 10th, 2026

Shares of D-Wave Quantum Inc. (NASDAQ:QBTS – Get Free Report) were down 2.7% during mid-day trading on Monday . The stock traded as low as $20.02 and last traded at $20.19. Approximately 13,130,306 shares changed hands during trading, a decline of 56% from the average daily volume of 29,743,189 shares. The stock had previously closed at $20.76.

Analyst Upgrades and Downgrades

QBTS has been the subject of several recent analyst reports. Weiss Ratings raised shares of D-Wave Quantum from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 23rd. Canaccord Genuity Group set a $35.00 price target on D-Wave Quantum in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of D-Wave Quantum in a report on Tuesday, June 2nd. Wall Street Zen upgraded D-Wave Quantum from a “strong sell” rating to a “sell” rating in a research report on Saturday. Finally, Roth Capital reissued a “buy” rating and issued a $30.00 price objective on shares of D-Wave Quantum in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, D-Wave Quantum has an average rating of “Moderate Buy” and an average price target of $36.36.

Read Our Latest Research Report on QBTS

D-Wave Quantum Trading Down 2.7%

The company has a quick ratio of 21.31, a current ratio of 21.41 and a debt-to-equity ratio of 0.03. The business’s fifty day moving average is $21.74 and its two-hundred day moving average is $20.53. The firm has a market cap of $7.47 billion, a price-to-earnings ratio of -28.44 and a beta of 2.15.

D-Wave Quantum (NASDAQ:QBTS – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.02). The firm had revenue of $3.08 million during the quarter, compared to analyst estimates of $4.03 million. D-Wave Quantum had a negative net margin of 2,001.59% and a negative return on equity of 28.19%. The firm’s quarterly revenue was down 0.6 on a year-over-year basis. During the same period last year, the business posted ($0.08) earnings per share. Equities analysts anticipate that D-Wave Quantum Inc. will post -0.42 earnings per share for the current fiscal year.

Insider Transactions at D-Wave Quantum

In other news, CFO John M. Markovich sold 200,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $25.71, for a total value of $5,142,000.00. Following the transaction, the chief financial officer owned 1,142,820 shares of the company’s stock, valued at approximately $29,381,902.20. This trade represents a 14.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John D. Dilullo sold 7,850 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $24.43, for a total transaction of $191,775.50. Following the sale, the director directly owned 21,310 shares of the company’s stock, valued at approximately $520,603.30. This trade represents a 26.92% decrease in their ownership of the stock. 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 90 days, insiders sold 1,363,842 shares of company stock valued at $35,789,148. 1.30% of the stock is currently owned by insiders.

Institutional Trading of D-Wave Quantum

Several institutional investors and hedge funds have recently made changes to their positions in QBTS. Root Financial Partners LLC grew its stake in shares of D-Wave Quantum by 388.0% during the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after purchasing an additional 776 shares during the period. Parallel Advisors LLC increased its stake in shares of D-Wave Quantum by 545.5% in the 1st quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock valued at $26,000 after acquiring an additional 1,511 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of D-Wave Quantum in the 4th quarter valued at approximately $28,000. PeakShares LLC acquired a new stake in shares of D-Wave Quantum in the 1st quarter valued at approximately $29,000. Finally, EverSource Wealth Advisors LLC boosted its stake in D-Wave Quantum by 267.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock worth $30,000 after acquiring an additional 838 shares during the last quarter. Institutional investors own 42.47% of the company’s stock.

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.