Recent Research Analysts’ Ratings Changes for D-Wave Quantum (QBTS)

A number of research firms have changed their ratings and price targets for D-Wave Quantum (NASDAQ: QBTS):

  • 8/28/2026 – D-Wave Quantum was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
  • 8/20/2026 – D-Wave Quantum is now covered by BMO Capital Markets. They set an “outperform” rating and a $35.00 price target on the stock.
  • 8/20/2026 – D-Wave Quantum is now covered by BMO Capital Markets. They set an “outperform” rating and a $35.00 price target on the stock.
  • 8/18/2026 – D-Wave Quantum was downgraded by Zacks Research from “strong-buy” to “hold”.
  • 8/11/2026 – D-Wave Quantum was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
  • 8/8/2026 – D-Wave Quantum was upgraded by Wall Street Zen from “strong sell” to “sell”.
  • 8/7/2026 – D-Wave Quantum was given a new $40.00 price target by Jefferies Financial Group Inc..
  • 8/7/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
  • 8/6/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Roth Capital. They now have a $30.00 price target on the stock.
  • 8/6/2026 – D-Wave Quantum was given a new $35.00 price target by Canaccord Genuity Group Inc..
  • 8/3/2026 – D-Wave Quantum is now covered by Wedbush. They set an “outperform” rating and a $40.00 price target on the stock.
  • 7/28/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
  • 7/27/2026 – D-Wave Quantum is now covered by Benchmark Co.. They set a “buy” rating and a $30.00 price target on the stock.
  • 7/27/2026 – D-Wave Quantum is now covered by Benchmark Co.. They set a “buy” rating and a $30.00 price target on the stock.
  • 7/20/2026 – D-Wave Quantum was upgraded by Zacks Research from “hold” to “strong-buy”.

Insider Buying and Selling

In related news, Director Rohit Ghai sold 13,518 shares of the firm’s stock in a transaction that occurred on 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 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 200,000 shares of D-Wave Quantum stock in a transaction on 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 sale, the chief financial officer directly owned 1,142,820 shares of the company’s stock, valued at $29,381,902.20. This represents a 14.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,009,157 shares of company stock valued at $26,155,555 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

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.

Further Reading

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