D-Wave Quantum Inc. (NASDAQ:QBTS) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of D-Wave Quantum Inc. (NASDAQ:QBTS) have been given an average rating of “Moderate Buy” by the sixteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $36.27.

Several research analysts have commented on QBTS shares. Wall Street Zen raised D-Wave Quantum from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Zacks Research lowered shares of D-Wave Quantum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Roth Capital reissued a “buy” rating and issued a $30.00 price objective on shares of D-Wave Quantum in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of D-Wave Quantum from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, August 28th. Finally, Benchmark started coverage on shares of D-Wave Quantum in a research report on Monday, July 27th. They set a “buy” rating and a $30.00 price target on the stock.

Key Stories Impacting D-Wave Quantum

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

• Positive Sentiment: A recent investing article identified D-Wave’s quantum-powered efficiency tools as a potential growth driver, suggesting that commercial adoption could support the company’s long-term opportunity. 3 Quantum Computing Stocks to Buy Before They Soar
• Neutral Sentiment: Multiple law firms reminded shareholders that they may seek appointment as lead plaintiff in the pending D-Wave securities class action. The principal deadline is December 15, 2026, although one notice cited December 14. These announcements primarily seek investor participation and do not establish liability. Deadline Alert for D-Wave Quantum
• Negative Sentiment: The lawsuit alleges that D-Wave and certain executives made misleading statements or failed to disclose material information between February 26 and August 25, 2026. Continued legal publicity raises potential litigation, reputational and financial risks for QBTS. D-Wave Quantum Securities Fraud Class Action Notice
• Negative Sentiment: The allegations focus in part on D-Wave’s second-quarter revenue of $3.08 million, which was below analyst expectations of roughly $4.03 million to $4.08 million. The shortfall has intensified scrutiny of the company’s growth outlook, particularly given its elevated valuation and substantial losses. QBTS Securities Class Action Deadline

Institutional Investors Weigh In On D-Wave Quantum

A number of large investors have recently added to or reduced their stakes in the company. Fiduciary Financial Advisors purchased a new stake in shares of D-Wave Quantum during the second quarter valued at approximately $25,000. Ancora Advisors LLC purchased a new position in D-Wave Quantum in the second quarter worth approximately $39,000. Kelleher Financial Advisors purchased a new stake in shares of D-Wave Quantum in the 2nd quarter valued at $39,000. Adirondack Trust Co. increased its holdings in D-Wave Quantum by 267.3% during the 3rd quarter. Adirondack Trust Co. now owns 1,649 shares of the company’s stock worth $27,000 after purchasing an additional 1,200 shares during the period. Finally, Parallel Advisors LLC boosted its position in shares of D-Wave Quantum by 545.5% during the 1st quarter. Parallel Advisors LLC now owns 1,788 shares of the company’s stock worth $26,000 after purchasing an additional 1,511 shares in the last quarter. Institutional investors own 42.47% of the company’s stock.

D-Wave Quantum Price Performance

Shares of QBTS opened at $10.65 on Wednesday. The company has a market cap of $3.94 billion, a price-to-earnings ratio of -15.00 and a beta of 2.35. The company has a current ratio of 20.55, a quick ratio of 20.42 and a debt-to-equity ratio of 0.03. The company’s fifty day simple moving average is $15.45 and its 200 day simple moving average is $19.38. D-Wave Quantum has a 1-year low of $10.23 and a 1-year high of $37.62.

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

D-Wave Quantum Company Profile

D-Wave Quantum Inc (NASDAQ: QBTS) is a quantum computing company that develops and provides quantum computing systems, software, and related services. The company focuses on both quantum annealing and gate-model quantum computing, with the goal of helping organizations address complex optimization, artificial intelligence, materials science, cybersecurity, and other computational challenges.

Its product portfolio includes quantum computing systems, hybrid quantum-classical solutions, and the Leap quantum cloud service, which gives customers access to D-Wave systems through the cloud.