129,650 Shares in D-Wave Quantum Inc. $QBTS Acquired by Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new position in D-Wave Quantum Inc. (NYSE:QBTS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 129,650 shares of the company’s stock, valued at approximately $3,390,000.

A number of other hedge funds also recently modified their holdings of the stock. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new stake in shares of D-Wave Quantum in the 4th quarter worth approximately $9,946,000. Vermillion Wealth Management Inc. bought a new stake in shares of D-Wave Quantum in the 4th quarter worth approximately $60,000. Tradition Wealth Management LLC bought a new stake in shares of D-Wave Quantum in the 4th quarter worth approximately $217,000. Total Wealth Planning & Management Inc. bought a new stake in shares of D-Wave Quantum in the 4th quarter worth approximately $250,000. Finally, Cibc World Market Inc. raised its holdings in shares of D-Wave Quantum by 295.0% in the 4th quarter. Cibc World Market Inc. now owns 54,760 shares of the company’s stock worth $1,432,000 after purchasing an additional 40,897 shares during the period. Institutional investors own 42.47% of the company’s stock.

D-Wave Quantum News Roundup

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

• Positive Sentiment: D-Wave outlined a new roadmap targeting 100 logical qubits by 2032, with more than 1 million operations and much lower error rates through its dual-rail architecture. That kind of long-range technical progress can support the stock by reinforcing the company’s commercialization story and its position in quantum computing. D-Wave Unveils Fault-Tolerant Quantum Computing Plan: What’s Ahead?
• Positive Sentiment: Recent Investor Day coverage highlighted D-Wave’s message that quantum computing is already commercial, which may be helping sustain bullish sentiment around QBTS and keeping investors focused on its long-term growth potential. D-Wave Quantum Inc. (QBTS) Analyst/Investor Day Transcript
• Positive Sentiment: The company also received a 2026 Great Place To Work certification, a modest but favorable signal about hiring culture and execution during a period of rapid expansion. D-Wave Certified as a Great Place To Work® Company
• Neutral Sentiment: Quantinuum’s IPO and media attention have lifted the profile of the broader quantum computing sector, but they have also increased trading volatility across the group, including QBTS. Quantinuum Stock Falls After Uninspiring Quantum IPO Debut. What Went Wrong?
• Negative Sentiment: QBTS was also reported to have traded lower alongside other quantum names ahead of Quantinuum’s Nasdaq debut, suggesting investors may be rotating within the sector rather than buying broadly. Rigetti, D-Wave, IonQ Stocks Sink as Quantinuum’s $1.5 Billion IPO Nears Nasdaq Debut
• Negative Sentiment: Sentiment may be slightly pressured by CFO John M. Markovich’s sale of 2,908 shares, even though the transaction was small relative to his remaining holdings. SEC Form 4 for John M. Markovich

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Canaccord Genuity Group lowered their price target on shares of D-Wave Quantum from $43.00 to $41.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. TD Cowen assumed coverage on shares of D-Wave Quantum in a report on Thursday, February 12th. They issued a “buy” rating on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of D-Wave Quantum in a report on Tuesday, May 12th. B. Riley Financial lifted their price target on shares of D-Wave Quantum from $36.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Mizuho reduced their price objective on shares of D-Wave Quantum from $31.00 to $29.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Fourteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, D-Wave Quantum has an average rating of “Moderate Buy” and an average price target of $36.40.

D-Wave Quantum Stock Up 0.1%

D-Wave Quantum stock opened at $23.87 on Monday. D-Wave Quantum Inc. has a 1-year low of $12.75 and a 1-year high of $46.75. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of -21.12 and a beta of 2.05. 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 simple moving average of $20.70 and a 200 day simple moving average of $22.20.

D-Wave Quantum (NYSE:QBTS) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.03. D-Wave Quantum had a negative net margin of 2,957.23% and a negative return on equity of 44.06%. The business had revenue of $2.86 million during the quarter, compared to analyst estimates of $4.19 million. During the same period in the previous year, the business earned ($0.02) EPS. D-Wave Quantum’s revenue was down 80.9% compared to the same quarter last year. On average, analysts predict that D-Wave Quantum Inc. will post -0.43 earnings per share for the current year.

Insider Activity at D-Wave Quantum

In related news, VP Sophie C. Ames sold 23,025 shares of D-Wave Quantum stock in a transaction that occurred 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 completion of the transaction, the vice president directly owned 596,803 shares in the company, valued at approximately $11,327,320.94. The trade was a 3.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Markovich sold 328,752 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $27.70, for a total transaction of $9,106,430.40. Following the transaction, the chief financial officer owned 1,442,820 shares of the company’s stock, valued at $39,966,114. This trade represents a 18.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 378,461 shares of company stock worth $10,064,084. Corporate insiders own 1.30% of the company’s stock.

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.