Concurrent Investment Advisors LLC Takes Position in D-Wave Quantum Inc. $QBTS

Concurrent Investment Advisors LLC acquired a new position in shares of D-Wave Quantum Inc. (NYSE:QBTS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,234 shares of the company’s stock, valued at approximately $747,000.

Other hedge funds have also modified their holdings of the company. Baird Financial Group Inc. raised its stake in shares of D-Wave Quantum by 12.0% during the first quarter. Baird Financial Group Inc. now owns 12,135 shares of the company’s stock worth $92,000 after buying an additional 1,300 shares during the last quarter. Royal Bank of Canada lifted its position in shares of D-Wave Quantum by 59.8% in the first quarter. Royal Bank of Canada now owns 162,088 shares of the company’s stock worth $1,231,000 after purchasing an additional 60,668 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of D-Wave Quantum by 201.0% in the 1st quarter. AQR Capital Management LLC now owns 200,765 shares of the company’s stock valued at $1,526,000 after acquiring an additional 134,066 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in D-Wave Quantum by 93.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,572 shares of the company’s stock worth $825,000 after acquiring an additional 52,437 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in D-Wave Quantum by 125.7% in the first quarter. NewEdge Advisors LLC now owns 43,786 shares of the company’s stock valued at $333,000 after buying an additional 24,382 shares during the period. 42.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other D-Wave Quantum news, CEO Alan E. Baratz sold 806,288 shares of D-Wave Quantum stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $28.87, for a total value of $23,277,534.56. Following the transaction, the chief executive officer directly owned 2,801,265 shares of the company’s stock, valued at $80,872,520.55. The trade was a 22.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rohit Ghai sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $24.28, for a total value of $242,800.00. Following the completion of the sale, the director directly owned 37,778 shares in the company, valued at $917,249.84. The trade was a 20.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,346,916 shares of company stock valued at $65,591,314. 3.20% of the stock is currently owned by corporate insiders.

D-Wave Quantum Stock Up 0.4%

D-Wave Quantum stock opened at $28.83 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 54.49 and a current ratio of 54.68. The stock has a market cap of $10.09 billion, a PE ratio of -21.36 and a beta of 1.57. The firm’s 50-day simple moving average is $26.22 and its 200 day simple moving average is $24.15. D-Wave Quantum Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $46.75.

D-Wave Quantum (NYSE:QBTS) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.02. D-Wave Quantum had a negative net margin of 1,651.81% and a negative return on equity of 97.58%. The business had revenue of $3.74 million for the quarter, compared to the consensus estimate of $3.03 million. D-Wave Quantum’s revenue for the quarter was up 105.6% on a year-over-year basis. Research analysts predict that D-Wave Quantum Inc. will post -0.41 EPS for the current fiscal year.

Trending Headlines about D-Wave Quantum

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

• Positive Sentiment: D-Wave agreed to acquire Quantum Circuits Inc., a move that should accelerate the company’s access to gate‑model qubit technology and narrow the gap with competitors — a strategic rationale for longer‑term re‑rating if integration proceeds smoothly. D‑Wave Announces Agreement to Acquire Quantum Circuits Inc.
• Positive Sentiment: D‑Wave demonstrated the first scalable, on‑chip cryogenic control of gate‑model qubits — a technical milestone that strengthens its roadmap and could expand future product applications if commercialized. D‑Wave Demonstrates On‑Chip Cryogenic Control
• Positive Sentiment: Large institutional accumulation (Vanguard, UBS, State Street increases) and new coverage from boutique research raise the buyer base and lend stability to the stock as the company executes on commercialization and M&A.
• Positive Sentiment: Rosenblatt and other firms are issuing constructive coverage on quantum names, which can boost sentiment across the subsector and benefit QBTS as investors re‑rate growth prospects. Rigetti and Quantum Computing Stocks Are a Buy
• Neutral Sentiment: Zacks and other analysts are parsing Q4 results for pure‑play quantum companies; peer performance (e.g., IonQ) could influence relative flows into QBTS heading into earnings season. QBTS, RGTI, IONQ: Buy, Sell or Hold Ahead of Q4 Earnings?
• Neutral Sentiment: Long‑form retail coverage frames a bullish narrative around government adoption and product roadmaps — useful for sentiment but speculative and execution‑dependent. Could D‑Wave Stock Make You a Millionaire?
• Negative Sentiment: Insider selling: CEO Alan Baratz sold 35,013 shares and CFO John Markovich sold 9,179 shares in mid‑January — transactions that can create near‑term selling pressure or raise questions for some investors. CEO Form 4 CFO Form 4
• Negative Sentiment: Sector‑wide valuation concerns and reminders that commercial viability remains years away may keep volatility high and limit near‑term upside despite positive headlines. Quantum Computing Stocks Have Served Up an $840 Million Warning

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Mizuho started coverage on D-Wave Quantum in a research note on Thursday, December 11th. They issued an “outperform” rating and a $46.00 price target for the company. Zacks Research upgraded shares of D-Wave Quantum from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 6th. Wedbush began coverage on D-Wave Quantum in a report on Wednesday, December 17th. They issued an “outperform” rating and a $35.00 target price on the stock. Roth Capital set a $40.00 price target on D-Wave Quantum in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald upped their price objective on D-Wave Quantum from $20.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. Fourteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, D-Wave Quantum presently has a consensus rating of “Moderate Buy” and an average target price of $33.67.

D-Wave Quantum 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.