D-Wave Quantum (QBTS) Expected to Announce Quarterly Earnings on Thursday

D-Wave Quantum (NYSE:QBTS) is expected to announce its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of ($0.0847) per share and revenue of $4.0270 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

D-Wave Quantum (NYSE:QBTS) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.03. D-Wave Quantum had a negative return on equity of 44.06% and a negative net margin of 2,957.23%.The firm had revenue of $2.86 million during the quarter, compared to the consensus estimate of $4.19 million. During the same quarter in the previous year, the company posted ($0.02) earnings per share. The company’s quarterly revenue was down 80.9% on a year-over-year basis. On average, analysts expect D-Wave Quantum to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

D-Wave Quantum Stock Performance

NYSE QBTS opened at $21.83 on Wednesday. The company has a market cap of $8.08 billion, a P/E ratio of -19.32 and a beta of 2.11. The company has a fifty day simple moving average of $22.25 and a 200 day simple moving average of $20.71. D-Wave Quantum has a 12-month low of $12.75 and a 12-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.

Insider Activity

In other news, VP Sophie C. Ames sold 23,025 shares of the stock in a transaction that occurred on 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 sale, the vice president owned 596,803 shares of the company’s stock, valued at approximately $11,327,320.94. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 dated Monday, June 8th. The shares were sold at an average price of $26.13, for a total value of $17,967,693.51. Following the transaction, the chief executive officer owned 3,299,771 shares in the company, valued at approximately $86,223,016.23. This represents a 17.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,363,842 shares of company stock valued at $35,789,148. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Mcguire Capital Advisors Inc. purchased a new stake in shares of D-Wave Quantum in the 4th quarter worth about $31,000. Invesco Ltd. increased its position in shares of D-Wave Quantum by 0.7% during the fourth quarter. Invesco Ltd. now owns 844,033 shares of the company’s stock valued at $22,071,000 after buying an additional 5,871 shares during the period. Corient Private Wealth LLC raised its stake in D-Wave Quantum by 26.3% in the fourth quarter. Corient Private Wealth LLC now owns 30,904 shares of the company’s stock worth $802,000 after buying an additional 6,426 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in D-Wave Quantum by 100.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 60,175 shares of the company’s stock worth $1,574,000 after buying an additional 30,223 shares in the last quarter. Finally, Vident Advisory LLC lifted its holdings in D-Wave Quantum by 2.8% in the fourth quarter. Vident Advisory LLC now owns 47,077 shares of the company’s stock worth $1,231,000 after buying an additional 1,276 shares during the period. 42.47% of the stock is currently owned by institutional investors.

More D-Wave Quantum News

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

• Positive Sentiment: Nasdaq Verafin partnership: D-Wave and Nasdaq Verafin agreed to explore how D-Wave’s quantum technology could improve financial-crime detection. The application-development agreement gives D-Wave an opportunity to demonstrate its annealing and gate-model systems in a potentially important financial-services use case. D-Wave and Nasdaq Verafin Announce Agreement for Quantum Computing Application Development
• Positive Sentiment: Analyst support: Wedbush began coverage with an “outperform” rating and a $40 price target, implying substantial potential upside from the stock’s referenced price of $21.83. The initiation may have added buying interest. Wedbush initiates coverage of D-Wave Quantum
• Positive Sentiment: Sector momentum: Quantum-computing peers also rallied, while technology stocks were higher late in the session, creating a favorable broader-market backdrop for QBTS. D-Wave Spikes on Nasdaq Verafin Deal

Analyst Ratings Changes

A number of analysts have commented on QBTS shares. Needham & Company LLC reissued a “buy” rating and set a $40.00 price objective on shares of D-Wave Quantum in a report on Tuesday, June 2nd. Zacks Research raised shares of D-Wave Quantum from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Cantor Fitzgerald reissued an “overweight” rating and issued a $40.00 price objective on shares of D-Wave Quantum in a report on Wednesday, May 13th. Mizuho boosted their target price on shares of D-Wave Quantum from $29.00 to $35.00 and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of D-Wave Quantum in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, D-Wave Quantum has an average rating of “Moderate Buy” and an average target price of $36.80.

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.