SG Americas Securities LLC cut its holdings in shares of D-Wave Quantum Inc. (NYSE:QBTS – Free Report) by 56.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 982,664 shares of the company’s stock after selling 1,289,356 shares during the period. SG Americas Securities LLC’s holdings in D-Wave Quantum were worth $14,180,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. UBS Group AG increased its position in D-Wave Quantum by 541.6% in the 3rd quarter. UBS Group AG now owns 12,089,703 shares of the company’s stock valued at $298,737,000 after acquiring an additional 10,205,427 shares during the period. Geode Capital Management LLC increased its holdings in shares of D-Wave Quantum by 11.5% during the fourth quarter. Geode Capital Management LLC now owns 8,394,726 shares of the company’s stock valued at $220,085,000 after purchasing an additional 866,405 shares during the period. State Street Corp raised its stake in shares of D-Wave Quantum by 5.3% during the fourth quarter. State Street Corp now owns 7,707,085 shares of the company’s stock valued at $201,540,000 after purchasing an additional 385,809 shares in the last quarter. Marex Group plc raised its stake in shares of D-Wave Quantum by 74.9% during the fourth quarter. Marex Group plc now owns 4,592,656 shares of the company’s stock valued at $120,098,000 after purchasing an additional 1,966,500 shares in the last quarter. Finally, Clear Street Group Inc. lifted its holdings in D-Wave Quantum by 40.4% in the fourth quarter. Clear Street Group Inc. now owns 4,281,254 shares of the company’s stock worth $111,955,000 after purchasing an additional 1,232,106 shares during the period. 42.47% of the stock is owned by institutional investors.
D-Wave Quantum News Roundup
Here are the key news stories impacting D-Wave Quantum this week:
- Positive Sentiment: D-Wave unveiled a first-of-its-kind error-aware quantum simulator and said developer access is planned for September 2026, which could strengthen its gate-model roadmap and support longer-term commercialization. D-Wave Advances Gate-Model Roadmap With First-of-its-Kind Stimulator
- Positive Sentiment: Analyst commentary has remained constructive, with Roth Capital recently raising its price target to $40 and keeping a Buy rating, reflecting confidence in D-Wave’s investor engagement and commercial story. D-Wave Quantum (QBTS) Says It Has a Key Edge Over Rivals; Is Wall Street Buying the Story?
- Positive Sentiment: One article argued that D-Wave’s commercial progress, bookings growth, and roadmap could help it outperform peers like Rigetti in the second half of 2026. QBTS or RGTI: Which Quantum Stock is Poised to Lead in H2 2026?
- Neutral Sentiment: Coverage around D-Wave’s recent weakness framed the stock move as a reaction to mixed signals: new U.S. quantum funding and executive orders create opportunity, but investors are also questioning whether the company’s dual-platform strategy and timing will translate into near-term results. D-Wave Quantum (QBTS) Is Down 11.3% After U.S. Quantum Orders And Dual-Platform Roadmap Shift
- Negative Sentiment: A recent article said QBTS “needed a win” after a disappointing earnings report, implying the market is still focused on losses, weak revenue versus expectations, and execution risk. How Does D-Wave’s New Simulator Change the Quantum Computing Landscape?
- Negative Sentiment: Another theme in the coverage is that while D-Wave has promising technology, some investors and analysts remain unconvinced that the simulator announcement alone will materially change the competitive landscape in the near term. D-Wave Advances Gate-Model Roadmap With First-of-its-Kind Stimulator
Analysts Set New Price Targets
View Our Latest Report on D-Wave Quantum
Insider Activity
In other D-Wave Quantum news, Director John D. Dilullo sold 7,850 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $24.43, for a total transaction of $191,775.50. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Sophie C. Ames sold 23,025 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $18.98, for a total transaction of $437,014.50. Following the completion of the transaction, the vice president owned 596,803 shares of the company’s stock, valued at approximately $11,327,320.94. The trade was a 3.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,363,842 shares of company stock worth $35,802,656. 1.30% of the stock is owned by company insiders.
D-Wave Quantum Price Performance
Shares of NYSE QBTS opened at $22.70 on Friday. D-Wave Quantum Inc. has a twelve month low of $12.75 and a twelve month high of $46.75. The company has a current ratio of 21.41, a quick ratio of 21.31 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average of $23.46 and a two-hundred day moving average of $22.28. The company has a market capitalization of $8.40 billion, a price-to-earnings ratio of -20.09 and a beta of 2.05.
D-Wave Quantum (NYSE:QBTS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.03. The company had revenue of $2.86 million for the quarter, compared to analysts’ expectations of $4.19 million. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The business’s revenue was down 80.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.02) EPS. As a group, analysts expect that D-Wave Quantum Inc. will post -0.43 earnings per share for the current fiscal year.
D-Wave Quantum 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.
Read More
- Five stocks we like better than D-Wave Quantum
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Want to see what other hedge funds are holding QBTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D-Wave Quantum Inc. (NYSE:QBTS – Free Report).
Receive News & Ratings for D-Wave Quantum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D-Wave Quantum and related companies with MarketBeat.com's FREE daily email newsletter.
