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StockUnited StatesNasdaqGS

QBTS

D-Wave Quantum Inc.

Technology · Computer Hardware

17.12USD

-0.5500 (-3.11%)

DescriptionHistoricalFinancialsRelative ValueResearchNewsDiscussionOptionsPrice Chart ↗Fundamental Chart ↗

Estimates and surprises

Consensus EPS on the street’s adjusted basis, not the filed GAAP figure — which is why the actuals here can differ from the income statement.

PeriodConsensus EPS90 days agoRevisions up (30d)Revisions down (30d)
Current quarter$-0.09▼$-0.0823
Next quarter$-0.05▲$-0.0821
Current year$-0.29▲$-0.333
Next year$-0.38▲$-0.3851

Recent quarters

Beat in 2 of the last 4

QuarterEstimateActualSurprise
2026-06-30$-0.09$-0.13-0.04 (-42.2%)
2026-03-31$-0.08$-0.05+0.03 (+34.5%)
2025-12-31$-0.06$-0.09-0.03 (-45.9%)
2025-09-30$-0.07$-0.05+0.02 (+24.5%)

Wall Street coverage

89 ratings from 16 firms

Ratings are attributed to the research firm, not to individual analysts. See every ticker.

FirmActionRatingPrice TargetDate
RosenblattMaintainedBuy$43Aug 7, 2026
RosenblattMaintainedBuy$43Jul 28, 2026
BenchmarkInitiatedBuy$30Jul 27, 2026
MizuhoMaintainedOutperform$29 $35Jun 15, 2026
RosenblattMaintainedBuy$43Jun 11, 2026
B. Riley SecuritiesMaintainedBuy$36 $40Jun 2, 2026
Roth CapitalMaintainedBuy$30 $40Jun 2, 2026
RosenblattMaintainedBuy$43Jun 2, 2026
NeedhamReiteratedBuy$40Jun 2, 2026
Canaccord GenuityMaintainedBuy$43 $41May 13, 2026
RosenblattMaintainedBuy$43May 13, 2026
Cantor FitzgeraldReiteratedOverweight$40May 13, 2026
MizuhoMaintainedOutperform$31 $29May 13, 2026
NeedhamReiteratedBuy$40May 13, 2026
MizuhoMaintainedOutperform$46 $40Feb 27, 2026
Evercore ISI GroupMaintainedOutperform$44 $42Feb 27, 2026
Roth CapitalMaintainedBuy$40 $30Feb 27, 2026
NeedhamMaintainedBuy$48 $40Feb 26, 2026
NeedhamReiteratedBuy$48Jan 29, 2026
RosenblattMaintainedBuy$43Jan 28, 2026
BenchmarkReiteratedBuy$35Jan 23, 2026
NeedhamReiteratedBuy$48Jan 22, 2026
RosenblattMaintainedBuy$40 $43Jan 8, 2026
RosenblattMaintainedBuy$40Jan 7, 2026
WedbushInitiatedOutperform$35Dec 17, 2025

Insider transactions

98 filings from 12 insiders · 9 buy / 14 sell over 6m

Officers and directors of QBTS, from the last two years of filings. Grants, gifts and option exercises are shown but not colour-coded — they are compensation, not a view on the price.

InsiderActionSharesPriceValueDate
DiLullo John DDirectorSell1.1k$18.00$20kSep 8, 2026
AMES SOPHIE COfficerSell3.1k$16.95$52kJul 20, 2026
GHAI ROHITDirectorSell13.5k$26.41$357kJun 15, 2026
MARKOVICH JOHN MChief Financial OfficerSell246.0k$24.01$6.25MJun 15, 2026
MARKOVICH JOHN MChief Financial OfficerSell51.0k$26.24$1.34MJun 9, 2026
BARATZ ALAN EChief Executive OfficerSell687.6k$26.13$17.97MJun 8, 2026
BARATZ ALAN EChief Executive OfficerExercise687.6k$0.85$612kJun 8, 2026
DILULLO JOHN DAVIDDirectorSell7.8k$24.43$192kJun 5, 2026
WEST STEVEN M.DirectorGrant9.4k——Jun 4, 2026
NIELSEN KIRSTJENDirectorGrant9.4k——Jun 4, 2026
GHAI ROHITDirectorGrant9.4k——Jun 4, 2026
BISCAY ROGERDirectorGrant9.4k——Jun 4, 2026
DILULLO JOHN DAVIDDirectorGrant9.4k——Jun 4, 2026
HOLT SHARON EDirectorGrant9.4k——Jun 4, 2026
MARKOVICH JOHN MChief Financial OfficerSell2.9k$31.00$90kJun 2, 2026
MARKOVICH JOHN MChief Financial OfficerSell328.8k$27.70$9.11MMay 22, 2026
MARKOVICH JOHN MChief Financial OfficerExercise328.8k$0.85$294kMay 22, 2026
NGUYEN DIANEGeneral CounselSell40.0k$25.01$1.00MMay 21, 2026
AMES SOPHIE COfficerSell23.0k$18.98$437kMay 20, 2026
BARATZ ALAN EChief Executive OfficerGrant753.9k——Apr 30, 2026

Analyst Notes

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No analyst notes on QBTS yet.

Analyst Ratings

16 analysts covering

PeriodStrong BuyBuyHoldSellStrong SellConsensus
Current115100Buy2.00
1 mo ago114100Buy2.00
2 mo ago114100Buy2.00
Price target$35.24$22.00 – $43.00
+105.8% to target