Weekly Analysts’ Ratings Updates for D-Wave Quantum (QBTS)

D-Wave Quantum (NYSE: QBTS) recently received a number of ratings updates from brokerages and research firms:

  • 6/2/2026 – D-Wave Quantum had its price target raised by B. Riley Financial, Inc. from $36.00 to $40.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – D-Wave Quantum was given a new $35.00 price target by Stifel Nicolaus.
  • 6/2/2026 – D-Wave Quantum had its price target raised by Roth Mkm from $30.00 to $40.00. They now have a “buy” rating on the stock.
  • 6/2/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
  • 6/2/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $40.00 price target on the stock.
  • 5/13/2026 – D-Wave Quantum had its price target lowered by Canaccord Genuity Group Inc. from $43.00 to $41.00. They now have a “buy” rating on the stock.
  • 5/13/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $43.00 price target on the stock.
  • 5/13/2026 – D-Wave Quantum had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $40.00 price target on the stock.
  • 5/13/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $40.00 price target on the stock.
  • 5/13/2026 – D-Wave Quantum had its price target lowered by Mizuho from $31.00 to $29.00. They now have an “outperform” rating on the stock.
  • 5/12/2026 – D-Wave Quantum had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
  • 4/29/2026 – D-Wave Quantum was downgraded by Weiss Ratings from “sell (d-)” to “sell (e+)”.
  • 4/28/2026 – D-Wave Quantum was upgraded by Zacks Research from “strong sell” to “hold”.
  • 4/20/2026 – D-Wave Quantum is now covered by Northland Securities. They set a “market perform” rating and a $22.00 price target on the stock.

Insiders Place Their Bets

In other news, VP Sophie C. Ames sold 23,025 shares of D-Wave Quantum stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $18.98, for a total value of $437,014.50. Following the transaction, the vice president directly owned 596,803 shares of the company’s stock, valued at $11,327,320.94. The trade was a 3.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Alan E. Baratz sold 687,627 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $26.13, for a total transaction of $17,967,693.51. Following the completion of the transaction, the chief executive officer directly owned 3,299,771 shares in the company, valued at $86,223,016.23. This represents a 17.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,124,987 shares of company stock worth $29,563,100. 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.

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