D-Wave Quantum (NYSE:QBTS) Given New $30.00 Price Target at Roth Mkm

D-Wave Quantum (NYSE:QBTS) had its target price decreased by investment analysts at Roth Mkm from $40.00 to $30.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Roth Mkm’s price target suggests a potential upside of 48.96% from the stock’s previous close.

A number of other brokerages have also commented on QBTS. Benchmark reiterated a “buy” rating and issued a $35.00 price objective on shares of D-Wave Quantum in a report on Friday, January 23rd. Canaccord Genuity Group set a $43.00 target price on D-Wave Quantum in a research report on Thursday, January 29th. Jefferies Financial Group initiated coverage on D-Wave Quantum in a research note on Tuesday, December 16th. They set a “buy” rating and a $45.00 price objective for the company. TD Cowen began coverage on D-Wave Quantum in a report on Thursday, February 12th. They set a “buy” rating on the stock. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $43.00 target price on shares of D-Wave Quantum in a research note on Wednesday, January 28th. Fourteen investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.93.

D-Wave Quantum Stock Performance

D-Wave Quantum stock opened at $20.14 on Friday. The firm has a market capitalization of $7.45 billion, a PE ratio of -14.92 and a beta of 1.56. D-Wave Quantum has a one year low of $4.45 and a one year high of $46.75. The stock’s 50 day moving average price is $24.40 and its 200 day moving average price is $24.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 54.49 and a current ratio of 54.68.

D-Wave Quantum (NYSE:QBTS) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). D-Wave Quantum had a negative net margin of 1,651.81% and a negative return on equity of 97.58%. The firm had revenue of $2.75 million for the quarter, compared to analysts’ expectations of $3.74 million. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. As a group, sell-side analysts expect that D-Wave Quantum will post -0.41 EPS for the current fiscal year.

Insider Transactions at D-Wave Quantum

In related news, CFO John M. Markovich sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $30.03, for a total value of $3,003,000.00. Following the sale, the chief financial officer directly owned 1,471,312 shares in the company, valued at $44,183,499.36. This trade represents a 6.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Alan E. Baratz sold 793,712 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $30.13, for a total value of $23,914,542.56. Following the transaction, the chief executive officer directly owned 2,633,163 shares of the company’s stock, valued at approximately $79,337,201.19. The trade was a 23.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,074,466 shares of company stock worth $31,558,806 in the last quarter. 3.20% of the stock is currently owned by corporate insiders.

Institutional Trading of D-Wave Quantum

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC increased its stake in D-Wave Quantum by 388.0% in the 4th quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after purchasing an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of D-Wave Quantum during the fourth quarter worth approximately $28,000. Atlantic Union Bankshares Corp purchased a new position in D-Wave Quantum during the second quarter valued at approximately $29,000. EverSource Wealth Advisors LLC increased its stake in D-Wave Quantum by 267.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after buying an additional 838 shares during the period. Finally, Ancora Advisors LLC acquired a new position in D-Wave Quantum in the 3rd quarter valued at approximately $30,000. 42.47% of the stock is owned by institutional investors and hedge funds.

Key D-Wave Quantum News

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

• Positive Sentiment: Significant bookings momentum — management reported Q4 bookings of $13.4M (a large sequential jump) and said January 2026 bookings topped $30M, indicating the sales pipeline is accelerating and could drive much stronger revenue later this year. Major Enterprise Deals And Quantum Circuits Acquisition Could Be A Game Changer For D-Wave Quantum (QBTS)
• Positive Sentiment: Large enterprise wins and product sales — management highlighted an eight‑figure Advantage2 system sale and a Quantum‑Computing‑as‑a‑Service agreement with a Fortune‑100 customer, showing D‑Wave can land high‑value contracts. Major Enterprise Deals And Quantum Circuits Acquisition Could Be A Game Changer For D-Wave Quantum (QBTS)
• Positive Sentiment: Strategic acquisition expands roadmap — the completed Quantum Circuits purchase repositions D‑Wave as a dual‑platform company (annealing + gate models), potentially broadening addressable market and product cross‑sell opportunities. Major Enterprise Deals And Quantum Circuits Acquisition Could Be A Game Changer For D-Wave Quantum (QBTS)
• Positive Sentiment: Strong cash reserves after acquisition — despite a $550M cash+stock deal for Quantum Circuits and a $250M cash outlay, D‑Wave finished the year with roughly $885M in cash and marketable securities, reducing near‑term financing risk while it ramps R&D and sales. D-Wave Quantum Stock Rises on Earnings. A Revenue Miss Doesn’t Seem to Matter.
• Neutral Sentiment: Analyst stance mixed but supportive — Needham kept a Buy rating while trimming its price target from $48 to $40, reflecting optimism about long‑term prospects but acknowledging near‑term uncertainty. Benzinga note on Needham price target
• Negative Sentiment: Quarterly miss on revenue and EPS — Q4 revenue of $2.75M missed consensus (~$3.74M) and adjusted EPS of -$0.09 missed estimates (-$0.05), reinforcing that near‑term top‑line growth remains lumpy. D-Wave (QBTS) Q4 2025 Earnings Call Transcript
• Negative Sentiment: High losses and uneven revenue base — full‑year 2025 showed a large net loss and very negative margins; revenue remains small in absolute terms, so results will be volatile until sales from recent bookings scale. D-Wave Quantum’s Q4 revenue rises 19% Y/Y, misses estimates

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.