D-Wave Quantum (NASDAQ:QBTS) Director John Dilullo Sells 1,100 Shares of Stock

D-Wave Quantum Inc. (NASDAQ:QBTS) Director John Dilullo sold 1,100 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $18.00, for a total transaction of $19,800.00. Following the transaction, the director owned 20,210 shares in the company, valued at approximately $363,780. This trade represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

D-Wave Quantum Price Performance

Shares of NASDAQ:QBTS opened at $17.12 on Thursday. The company has a quick ratio of 20.42, a current ratio of 20.55 and a debt-to-equity ratio of 0.03. The company has a market cap of $6.33 billion, a P/E ratio of -24.11 and a beta of 2.15. D-Wave Quantum Inc. has a 52 week low of $12.75 and a 52 week high of $46.75. The company has a 50-day moving average price of $18.92 and a 200 day moving average price of $20.02.

D-Wave Quantum (NASDAQ:QBTS) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02). The business had revenue of $3.08 million during the quarter, compared to analysts’ expectations of $4.03 million. D-Wave Quantum had a negative net margin of 2,001.59% and a negative return on equity of 26.67%. D-Wave Quantum’s revenue for the quarter was down 0.6 compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.08) EPS. Research analysts predict that D-Wave Quantum Inc. will post -0.46 earnings per share for the current year.

Key Stories Impacting D-Wave Quantum

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

• Positive Sentiment: D-Wave finalized an agreement with the U.S. Department of Commerce for up to $100 million under the CHIPS and Science Act. The funding and resulting federal minority stake should strengthen D-Wave’s cash runway and support domestic quantum-computing development. D-Wave Quantum Finalizes Up To $100 Mln U.S. Funding Agreement; Shares Rise
• Positive Sentiment: The company issued 7,095,721 shares to the U.S. government as part of the agreement. Although the issuance creates dilution, the transaction provides capital without relying solely on a conventional equity offering and signals strategic federal backing for D-Wave’s technology. D-Wave Issues 7.1M QBTS Shares to U.S. Government Under $100M CHIPS Deal
• Neutral Sentiment: Director John DiLullo sold 1,100 shares worth $19,800 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 5.16%, but the preset trading plan makes it a limited signal about management’s current outlook. John DiLullo Insider Trading
• Negative Sentiment: Quantum stocks broadly pulled back as expectations for another Federal Reserve rate move increased. Higher rates typically pressure speculative, high-beta companies such as D-Wave by reducing the value investors assign to distant future growth. Quantum Stocks Fall as Rate-Hike Odds Climb
• Negative Sentiment: Recent analysis continues to highlight D-Wave’s substantial losses, weak revenue conversion, and elevated valuation despite stronger bookings and adoption. These concerns remain significant because the company is not yet profitable and its latest reported revenue missed analyst expectations. Rising Risks Overshadow D-Wave Quantum Booking
• Negative Sentiment: A law firm is investigating potential claims on behalf of D-Wave investors, adding another layer of headline and litigation risk, although no wrongdoing has been established. Pomerantz Investor Alert

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Stifel Nicolaus set a $35.00 target price on shares of D-Wave Quantum in a research report on Tuesday, June 2nd. Weiss Ratings upgraded shares of D-Wave Quantum from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 28th. Zacks Research cut shares of D-Wave Quantum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Jefferies Financial Group set a $40.00 price objective on shares of D-Wave Quantum in a report on Friday, August 7th. Finally, 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. Thirteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $36.27.

Institutional Trading of D-Wave Quantum

A number of institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC increased its position in shares of D-Wave Quantum by 388.0% in the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock valued at $26,000 after buying an additional 776 shares in the last quarter. Fiduciary Financial Advisors acquired a new stake in D-Wave Quantum in the 2nd quarter valued at about $25,000. Kemnay Advisory Services Inc. purchased a new position in D-Wave Quantum during the 4th quarter valued at about $28,000. EverSource Wealth Advisors LLC increased its holdings in D-Wave Quantum by 267.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,151 shares of the company’s stock valued at $30,000 after acquiring an additional 838 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new position in D-Wave Quantum during the fourth quarter worth about $31,000. 42.47% of the stock is currently owned by hedge funds and other institutional investors.

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.