Total Clarity Wealth Management Inc. Sells 48,791 Shares of D-Wave Quantum Inc. $QBTS

Total Clarity Wealth Management Inc. lessened its position in D-Wave Quantum Inc. (NYSE:QBTS) by 74.3% during the third quarter, Holdings Channel reports. The institutional investor owned 16,910 shares of the company’s stock after selling 48,791 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in D-Wave Quantum were worth $418,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QBTS. US Bancorp DE lifted its position in shares of D-Wave Quantum by 73.9% in the third quarter. US Bancorp DE now owns 23,090 shares of the company’s stock worth $571,000 after purchasing an additional 9,814 shares in the last quarter. Empirical Asset Management LLC acquired a new position in shares of D-Wave Quantum during the 3rd quarter worth about $345,000. Optiver Holding B.V. bought a new position in shares of D-Wave Quantum in the 3rd quarter valued at about $209,000. Thoroughbred Financial Services LLC increased its position in shares of D-Wave Quantum by 1.0% in the third quarter. Thoroughbred Financial Services LLC now owns 131,250 shares of the company’s stock valued at $3,243,000 after acquiring an additional 1,350 shares during the last quarter. Finally, Fortis Capital Management LLC acquired a new position in D-Wave Quantum during the third quarter valued at approximately $306,000. Institutional investors and hedge funds own 42.47% of the company’s stock.

D-Wave Quantum News Summary

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of D-Wave Quantum in a research report on Monday, December 29th. Zacks Research raised shares of D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. Needham & Company LLC lowered their target price on shares of D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday. Wedbush initiated coverage on shares of D-Wave Quantum in a research report on Wednesday, December 17th. They set an “outperform” rating and a $35.00 price target on the stock. Finally, TD Cowen began coverage on shares of D-Wave Quantum in a research note on Thursday, February 12th. They issued a “buy” rating for the company. Fourteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, D-Wave Quantum has a consensus rating of “Moderate Buy” and a consensus target price of $36.93.

D-Wave Quantum Stock Performance

Shares of NYSE QBTS opened at $20.14 on Friday. The company has a current ratio of 54.68, a quick ratio of 54.49 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $7.45 billion, a P/E ratio of -14.92 and a beta of 1.56. D-Wave Quantum Inc. has a 12 month low of $4.45 and a 12 month high of $46.75. The stock has a 50 day moving average of $24.40 and a 200-day moving average of $24.89.

D-Wave Quantum (NYSE:QBTS) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The business had revenue of $2.75 million for the quarter, compared to analyst estimates of $3.74 million. D-Wave Quantum had a negative net margin of 1,651.81% and a negative return on equity of 97.58%. The firm’s revenue for the quarter was up 21.7% on a year-over-year basis. As a group, equities research analysts predict that D-Wave Quantum Inc. will post -0.41 EPS for the current year.

Insider Buying and Selling at D-Wave Quantum

In related news, Director John D. Dilullo sold 8,000 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $27.36, for a total value of $218,880.00. Following the completion of the sale, the director directly owned 27,803 shares in the company, valued at $760,690.08. The trade was a 22.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kirstjen Nielsen sold 7,000 shares of D-Wave Quantum stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $22.62, for a total value of $158,340.00. Following the sale, the director directly owned 112,673 shares of the company’s stock, valued at $2,548,663.26. This represents a 5.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,074,466 shares of company stock worth $31,558,806 in the last 90 days. Company insiders own 3.20% 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.