Rohit Ghai Sells 10,000 Shares of D-Wave Quantum (NYSE:QBTS) Stock

D-Wave Quantum Inc. (NYSE:QBTS) Director Rohit Ghai sold 10,000 shares of D-Wave Quantum stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $17.62, for a total transaction of $176,200.00. Following the completion of the transaction, the director directly owned 27,778 shares in the company, valued at approximately $489,448.36. This represents a 26.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

D-Wave Quantum Price Performance

Shares of D-Wave Quantum stock opened at $16.48 on Thursday. The company has a current ratio of 42.38, a quick ratio of 42.25 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $21.65 and a 200-day simple moving average of $25.14. The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of -14.98 and a beta of 1.61. D-Wave Quantum Inc. has a 1-year low of $5.77 and a 1-year high of $46.75.

D-Wave Quantum (NYSE:QBTS) last posted its earnings results on Thursday, February 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.04). The firm had revenue of $2.75 million during the quarter, compared to analyst estimates of $3.74 million. D-Wave Quantum had a negative net margin of 1,444.10% and a negative return on equity of 58.58%. The company’s revenue was up 21.7% on a year-over-year basis. On average, sell-side analysts expect that D-Wave Quantum Inc. will post -0.41 earnings per share for the current year.

More D-Wave Quantum News

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

• Positive Sentiment: Analyst support: the stock maintains a consensus “Moderate Buy” from sell‑side analysts and several recent buy/outperform ratings and price targets that could help underpin demand. D-Wave Receives Consensus Rating of “Moderate Buy”
• Positive Sentiment: Ongoing narrative/product coverage highlighting customer traction and long‑term potential can attract growth investors and support valuation over time. D‑Wave Keeps Delivering Good News—So Why Is It Falling?
• Neutral Sentiment: Contextual takes on insider trades — some outlets dig into whether recent filings reflect routine liquidity rather than a loss of confidence; read-through is mixed for investors. Are D‑Wave Insiders Selling Out? Here’s What Filings Really Show
• Neutral Sentiment: Relative/peer analysis pieces comparing D‑Wave to software/enterprise vendors provide context but are unlikely to move the stock materially unless they reveal customer wins or losses. Guidewire vs. D‑Wave Head‑to‑Head
• Negative Sentiment: Insider selling: Director Rohit Ghai sold 10,000 shares at ~$17.62 on Mar 16; filings show a significant reduction in his stake, which can spook investors when multiple insiders trade. Ghai Form 4
• Negative Sentiment: CFO sale: Chief Financial Officer John Markovich sold 10,706 shares at ~$17.63 on Mar 13 — another insider sale that may weigh on near‑term sentiment. Markovich Form 4
• Negative Sentiment: Earnings/revenue beat risk: D‑Wave’s Feb. 26 quarter missed EPS and revenue estimates (EPS −$0.09 vs. cons. −$0.05; revenue $2.75M vs. est. $3.74M), reminding investors the business is early and results-driven. (See company earnings summary on news feeds.)
• Negative Sentiment: Competitive & macro pressure: coverage flags IBM’s expanded hybrid quantum roadmap as a potential larger‑player threat, and macro volatility (inflation/oil) could increase pressure on growth/tech multiples. IBM Threat to D‑Wave Macro Headwinds

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Root Financial Partners LLC grew its position in D-Wave Quantum by 388.0% during the fourth quarter. Root Financial Partners LLC now owns 976 shares of the company’s stock worth $26,000 after buying an additional 776 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in D-Wave Quantum during the fourth quarter valued at about $28,000. EverSource Wealth Advisors LLC raised its holdings in D-Wave Quantum by 267.7% in 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. Ancora Advisors LLC acquired a new position in D-Wave Quantum in the 3rd quarter valued at approximately $30,000. Finally, Financial Consulate Inc. bought a new stake in shares of D-Wave Quantum in the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 42.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on QBTS. TD Cowen started coverage on D-Wave Quantum in a research note on Thursday, February 12th. They issued a “buy” rating on the stock. Jefferies Financial Group initiated coverage on D-Wave Quantum in a report on Tuesday, December 16th. They issued a “buy” rating and a $45.00 target price on the stock. Evercore assumed coverage on D-Wave Quantum in a research report on Wednesday, December 3rd. They issued an “outperform” rating and a $44.00 price target on the stock. Needham & Company LLC cut their price target on D-Wave Quantum from $48.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Zacks Research cut D-Wave Quantum from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Fourteen analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.50.

About D-Wave Quantum

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.