D-Wave Quantum (NYSE:QBTS) CFO John Markovich Sells 10,706 Shares of Stock

D-Wave Quantum Inc. (NYSE:QBTS) CFO John Markovich sold 10,706 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $17.63, for a total transaction of $188,746.78. Following the sale, the chief financial officer owned 1,451,427 shares in the company, valued at $25,588,658.01. This represents a 0.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

D-Wave Quantum Stock Up 0.2%

Shares of QBTS opened at $17.49 on Wednesday. The firm has a 50 day simple moving average of $21.93 and a two-hundred day simple moving average of $25.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 42.38 and a quick ratio of 42.25. D-Wave Quantum Inc. has a one year low of $5.77 and a one year high of $46.75. The company has a market cap of $6.47 billion, a P/E ratio of -15.90 and a beta of 1.61.

D-Wave Quantum (NYSE:QBTS) last issued its earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share 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 during the quarter, compared to analyst estimates of $3.74 million. The firm’s revenue was up 21.7% on a year-over-year basis. Research analysts forecast that D-Wave Quantum Inc. will post -0.41 EPS for the current fiscal year.

D-Wave Quantum News Roundup

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

• Positive Sentiment: Analysts give a supportive rating — a consensus “Moderate Buy” rating could provide demand support and help stabilize sentiment around the shares. D-Wave Receives Consensus Rating of “Moderate Buy”
• Positive Sentiment: Product traction / narrative pieces — coverage highlighting early customer use cases for D‑Wave’s systems can bolster the long-term growth story and attract investor interest in a still-nascent market. Is D‑Wave Quantum Stock Your Ticket to Becoming a Millionaire?
• Negative Sentiment: Insider selling — CFO John M. Markovich sold 10,706 shares at ~$17.63 on Mar 13; the sale trimmed his stake ~0.73%. Insider sales can signal liquidity needs or reduced conviction and often pressuring near-term sentiment. Markovich Form 4
• Negative Sentiment: Director selling — Director Rohit Ghai sold 10,000 shares at ~$17.62 on Mar 16, cutting his holding by ~26%. Multiple recent insider sales amplify investor concern about insider timing and sentiment. Ghai Form 4
• Negative Sentiment: Competitive risk from IBM — MarketBeat warns IBM’s hybrid quantum-classical architecture and strong corporate resources could undercut D‑Wave’s addressable market or slow adoption for D‑Wave‑specific approaches. That increases execution risk for a smaller pure‑play. The New Threat IBM’s Quantum Computing Research Poses to D‑Wave
• Negative Sentiment: Macro headwinds — recent commentary on rising oil and inflation fears flags broader market volatility and higher discount rates for growth/tech names, which typically hurts small-cap quantum plays like QBTS. Oil Shock, Inflation Fears: Impact on Quantum Stocks

Institutional Trading of D-Wave Quantum

A number of hedge funds have recently made changes to their positions in QBTS. World Investment Advisors grew its holdings in shares of D-Wave Quantum by 195.7% during the fourth quarter. World Investment Advisors now owns 41,691 shares of the company’s stock worth $1,090,000 after purchasing an additional 27,592 shares during the last quarter. Corient Private Wealth LLC raised its holdings in D-Wave Quantum by 25.8% in the 4th quarter. Corient Private Wealth LLC now owns 30,797 shares of the company’s stock valued at $805,000 after buying an additional 6,319 shares during the last quarter. Tulsa Wealth Advisors INC acquired a new stake in D-Wave Quantum during the 4th quarter worth approximately $248,000. Caitong International Asset Management Co. Ltd grew its holdings in D-Wave Quantum by 16.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 111,923 shares of the company’s stock worth $2,927,000 after acquiring an additional 15,675 shares during the last quarter. Finally, Tempo Wealth LLC bought a new stake in D-Wave Quantum during the 4th quarter worth approximately $774,000. 42.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on QBTS shares. Roth Mkm lowered their target price on D-Wave Quantum from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Wall Street Zen downgraded shares of D-Wave Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $43.00 price target on shares of D-Wave Quantum in a report on Wednesday, January 28th. Zacks Research cut shares of D-Wave Quantum from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Finally, Wedbush started coverage on shares of D-Wave Quantum in a research note on Wednesday, December 17th. They issued an “outperform” rating and a $35.00 price objective for the company. Fourteen research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, D-Wave Quantum has an average rating of “Moderate Buy” and a consensus price target of $36.50.

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.