D-Wave Quantum (NYSE:QBTS) Stock Price Up 15.8% – Should You Buy?

D-Wave Quantum Inc. (NYSE:QBTS)’s share price rose 15.8% during mid-day trading on Tuesday . The company traded as high as $17.08 and last traded at $16.97. Approximately 42,687,528 shares were traded during mid-day trading, an increase of 52% from the average daily volume of 28,009,891 shares. The stock had previously closed at $14.65.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: Nvidia’s announcement of quantum AI models and related headlines lifted the entire quantum group, giving D‑Wave a strong technical tailwind and positive investor sentiment. D-Wave Quantum (QBTS) Soars 22% on Nvidia Quantum Support
• Positive Sentiment: Sector-wide rallies continued into a third day, with articles noting broad gains across pure‑play quantum names — momentum that tends to lift QBTS alongside peers. IonQ Rises 4%, D-Wave Surges 5%, Rigetti Gains 3: The Quantum Rally Is Now a Three-Day Phenomenon
• Positive Sentiment: Investor theme pieces highlight quantum computing’s implications for crypto security, attracting longer‑term capital into names like D‑Wave and supporting elevated trading volumes. Quantum Computing’s Crypto Threat Is Getting Real—and Investors Are Piling In
• Neutral Sentiment: Unusually large options activity (a large spike in call volumes) suggests speculative positioning that can amplify moves in either direction; watch open interest and expirations for short-term risk.
• Negative Sentiment: Zacks warns of rising risks ahead of Q1 earnings, citing widening losses, a weak Q1 outlook and bearish technical indicators — factors that could trigger downside if guidance disappoints. QBTS Stock Alert: Why D-Wave Faces Rising Risks Ahead of Q1 Earnings
• Negative Sentiment: Analyst/commentary pieces highlight valuation and execution concerns — reminders that recent rallies are momentum-driven and that fundamentals (past EPS miss, negative margins) still weigh on the stock. D-Wave Quantum: Extreme Valuation Meets Execution Reality

Analyst Upgrades and Downgrades

QBTS has been the topic of several research analyst reports. Wall Street Zen cut shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research report on Saturday, February 7th. Roth Mkm decreased their price objective on shares of D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Weiss Ratings restated a “sell (d-)” rating on shares of D-Wave Quantum in a research report on Friday, March 27th. Benchmark restated a “buy” rating and issued a $35.00 price objective on shares of D-Wave Quantum in a research report on Friday, January 23rd. Finally, Wedbush initiated coverage on shares of D-Wave Quantum in a research report on Wednesday, December 17th. They issued an “outperform” rating and a $35.00 price objective on the stock. Fourteen investment analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.50.

D-Wave Quantum Price Performance

The company has a quick ratio of 42.25, a current ratio of 42.38 and a debt-to-equity ratio of 0.04. The business’s 50-day simple moving average is $17.33 and its 200 day simple moving average is $24.43. The firm has a market capitalization of $7.96 billion, a P/E ratio of -19.56 and a beta of 1.78.

D-Wave Quantum (NYSE:QBTS) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The business had revenue of $2.75 million for the quarter, compared to the consensus estimate of $3.74 million. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. Sell-side analysts forecast that D-Wave Quantum Inc. will post -0.41 earnings per share for the current year.

Insider Transactions at D-Wave Quantum

In other D-Wave Quantum news, CFO John M. Markovich sold 10,706 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $17.63, for a total transaction of $188,746.78. Following the transaction, the chief financial officer directly owned 1,451,427 shares of the company’s stock, valued at approximately $25,588,658.01. The trade was a 0.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Rohit Ghai sold 10,000 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $17.62, for a total transaction of $176,200.00. Following the transaction, the director directly owned 27,778 shares in the company, valued at approximately $489,448.36. The trade was a 26.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 28,706 shares of company stock worth $509,027. Insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Fortem Financial Group LLC increased its position in D-Wave Quantum by 43.2% during the 1st quarter. Fortem Financial Group LLC now owns 12,004 shares of the company’s stock valued at $173,000 after purchasing an additional 3,623 shares during the period. Nations Financial Group Inc. IA ADV increased its position in D-Wave Quantum by 5.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 21,773 shares of the company’s stock valued at $314,000 after purchasing an additional 1,152 shares during the period. Hsbc Holdings PLC increased its position in D-Wave Quantum by 78.0% during the 4th quarter. Hsbc Holdings PLC now owns 17,182 shares of the company’s stock valued at $452,000 after purchasing an additional 7,530 shares during the period. World Investment Advisors increased its position in D-Wave Quantum by 195.7% during the 4th quarter. World Investment Advisors now owns 41,691 shares of the company’s stock valued at $1,090,000 after purchasing an additional 27,592 shares during the period. Finally, Corient Private Wealth LLC increased its position in D-Wave Quantum by 25.8% during the 4th quarter. Corient Private Wealth LLC now owns 30,797 shares of the company’s stock valued at $805,000 after purchasing an additional 6,319 shares during the period. 42.47% of the stock is owned by hedge funds and other institutional investors.

D-Wave Quantum Company Profile

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.