Sophie Ames Sells 3,070 Shares of D-Wave Quantum (NYSE:QBTS) Stock

D-Wave Quantum Inc. (NYSE:QBTS) VP Sophie Ames sold 3,070 shares of D-Wave Quantum stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $21.35, for a total transaction of $65,544.50. Following the completion of the sale, the vice president owned 643,678 shares in the company, valued at approximately $13,742,525.30. This represents a 0.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

D-Wave Quantum Trading Up 3.8%

Shares of NYSE:QBTS opened at $21.13 on Thursday. The company has a market cap of $7.82 billion, a PE ratio of -19.21 and a beta of 1.78. The company’s 50-day moving average price is $17.47 and its 200 day moving average price is $24.21. D-Wave Quantum Inc. has a fifty-two week low of $6.52 and a fifty-two week high of $46.75. The company has a quick ratio of 42.25, a current ratio of 42.38 and a debt-to-equity ratio of 0.04.

D-Wave Quantum (NYSE:QBTS) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The firm had revenue of $2.75 million during the quarter, compared to the consensus estimate of $3.74 million. D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The company’s revenue was up 21.7% on a year-over-year basis. Sell-side analysts anticipate that D-Wave Quantum Inc. will post -0.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on QBTS shares. Weiss Ratings restated a “sell (d-)” rating on shares of D-Wave Quantum in a research report on Friday, March 27th. Rosenblatt Securities restated a “buy” rating and set a $43.00 price target on shares of D-Wave Quantum in a research report on Wednesday, January 28th. Mizuho dropped their price target on shares of D-Wave Quantum from $46.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Zacks Research downgraded shares of D-Wave Quantum from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Finally, TD Cowen started coverage on shares of D-Wave Quantum in a research report on Thursday, February 12th. They set a “buy” rating on the stock. Fourteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.53.

More D-Wave Quantum News

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

• Positive Sentiment: NVIDIA-driven sector rally lifted D‑Wave earlier in the week as investors rotated into quantum names; that momentum helped QBTS jump sharply and re‑established investor interest in the story. D-Wave Quantum (QBTS) Stock Surges 52% on Nvidia Quantum Computing Launch
• Positive Sentiment: Wall Street coverage and multiple buy/outperform ratings with high price targets keep a constructive medium‑term narrative, supporting upside expectations if commercial bookings and execution continue. Quiver Quantitative coverage (analyst targets & ratings)
• Neutral Sentiment: Northland Securities initiated coverage with a cautious “market perform” and a $22 target — a signal that some shops see limited near‑term upside despite sector enthusiasm. D-Wave Quantum (NYSE:QBTS) Coverage Initiated at Northland Securities
• Neutral Sentiment: Investor commentary (retail/long‑term focus) frames recent pullbacks as potential buying opportunities for patient investors, but these pieces are narrative‑driven rather than new catalysts. D-Wave Quantum Is Down 15% This Year. Is Now the Time to Buy?
• Negative Sentiment: Profit‑taking after the Nvidia surge plus a registered resale overhang tied to the Quantum Circuits acquisition (≈10.4M resale shares) is pressuring the stock and increasing volatility; elevated short interest amplifies swings. D-Wave Quantum (QBTS) slides 5.1% amid post‑rally profit‑taking and lingering secondary‑resale overhang
• Negative Sentiment: A VP (Sophie Ames) sold 3,070 shares under a pre‑arranged Rule 10b5‑1 plan; small alone but adds to a recent pattern of insider sales that some investors watch unfavorably. Sophie Ames Sells 3,070 Shares of D-Wave Quantum (NYSE:QBTS) Stock

Hedge Funds Weigh In On D-Wave Quantum

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of D-Wave Quantum by 41.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,454,869 shares of the company’s stock worth $950,220,000 after purchasing an additional 11,218,255 shares during the last quarter. UBS Group AG grew its stake in shares of D-Wave Quantum by 541.6% in the 3rd quarter. UBS Group AG now owns 12,089,703 shares of the company’s stock worth $298,737,000 after purchasing an additional 10,205,427 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of D-Wave Quantum by 11.5% in the 4th quarter. Geode Capital Management LLC now owns 8,394,726 shares of the company’s stock worth $220,085,000 after purchasing an additional 866,405 shares during the last quarter. State Street Corp grew its stake in shares of D-Wave Quantum by 5.3% in the 4th quarter. State Street Corp now owns 7,707,085 shares of the company’s stock worth $201,540,000 after purchasing an additional 385,809 shares during the last quarter. Finally, Marex Group plc grew its stake in shares of D-Wave Quantum by 74.9% in the 4th quarter. Marex Group plc now owns 4,592,656 shares of the company’s stock worth $120,098,000 after purchasing an additional 1,966,500 shares during the last quarter. Institutional investors and hedge funds own 42.47% of the company’s stock.

About D-Wave Quantum

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.