D-Wave Quantum (NASDAQ:QBTS) Stock Price Up 2.2% – Should You Buy?

Posted by Geri Gentry on Aug 27th, 2026

Shares of D-Wave Quantum Inc. (NASDAQ:QBTS – Get Free Report) were up 2.2% during trading on Thursday . The company traded as high as $18.37 and last traded at $17.90. 18,993,191 shares changed hands during trading, a decline of 34% from the average daily volume of 28,565,836 shares. The stock had previously closed at $17.51.

Analyst Ratings Changes

Several brokerages have recently commented on QBTS. Canaccord Genuity Group set a $35.00 price target on D-Wave Quantum in a research note on Thursday, August 6th. Roth Capital reaffirmed a “buy” rating and issued a $30.00 price objective on shares of D-Wave Quantum in a research note on Thursday, August 6th. Mizuho lifted their price objective on D-Wave Quantum from $29.00 to $35.00 and gave the stock an “outperform” rating in a report on Monday, June 15th. Stifel Nicolaus set a $35.00 target price on D-Wave Quantum in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group set a $40.00 target price on D-Wave Quantum in a report on Friday, August 7th. Thirteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $36.27.

View Our Latest Research Report on QBTS

D-Wave Quantum Stock Performance

The firm has a market cap of $6.62 billion, a PE ratio of -25.21 and a beta of 2.15. The company has a debt-to-equity ratio of 0.03, a current ratio of 20.55 and a quick ratio of 20.42. The stock has a 50-day moving average price of $20.27 and a 200 day moving average price of $20.21.

D-Wave Quantum (NASDAQ:QBTS – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02). D-Wave Quantum had a negative return on equity of 26.67% and a negative net margin of 2,001.59%.The firm had revenue of $3.08 million for the quarter, compared to analyst estimates of $4.03 million. During the same quarter in the previous year, the company earned ($0.08) earnings per share. The company’s quarterly revenue was down 0.6 on a year-over-year basis. Research analysts forecast that D-Wave Quantum Inc. will post -0.46 earnings per share for the current year.

Insider Activity at D-Wave Quantum

In other news, Director Rohit Ghai sold 13,518 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.41, for a total value of $357,010.38. Following the completion of the sale, the director owned 23,617 shares of the company’s stock, valued at approximately $623,724.97. The trade was a 36.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John D. Dilullo sold 7,850 shares of D-Wave Quantum stock in a transaction 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 completion of the transaction, the director directly owned 21,310 shares of the company’s stock, valued at approximately $520,603.30. This represents a 26.92% 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. Insiders sold 1,012,065 shares of company stock worth $26,245,703 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Institutional Trading of D-Wave Quantum

Large investors have recently added to or reduced their stakes in the business. Baird Financial Group Inc. lifted its stake in D-Wave Quantum by 12.0% during the first quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock valued at $92,000 after buying an additional 1,300 shares in the last quarter. Royal Bank of Canada boosted its position in D-Wave Quantum by 59.8% during the 1st quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock worth $1,231,000 after acquiring an additional 60,668 shares during the period. AQR Capital Management LLC boosted its position in D-Wave Quantum by 201.0% during the 1st quarter. AQR Capital Management LLC now owns 200,765 shares of the company’s stock worth $1,526,000 after acquiring an additional 134,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in D-Wave Quantum by 93.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company’s stock valued at $825,000 after acquiring an additional 52,437 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in D-Wave Quantum by 125.7% during the 1st quarter. NewEdge Advisors LLC now owns 43,786 shares of the company’s stock valued at $333,000 after acquiring an additional 24,382 shares in the last quarter. 42.47% of the stock is currently owned by institutional investors.

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.