QBTS News & Analysis
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D-Wave Quantum (QBTS) CEO Sold 52,320 Shares on July 14, 2026
Alan E. Baratz, CEO of D-Wave Quantum Inc. (NYSE:QBTS), sold 52,320 shares on July 14, 2026, at an average price of $18.66 per share, with a post-transaction value of $18.95 per share. This sale was a non-discretionary transaction to meet tax obligations from vesting restricted stock units (RSUs) and does not reflect a change in his investment thesis. After the sale, Baratz retains approximately 3.2 million shares, including over 1.1 million unvested RSUs. D-Wave Quantum reported trailing twelve-month revenue of $12.4 million and a net loss of $368.0 million, alongside a market cap of $7 billion, making this insider ownership relevant for understanding company performance.
Read More: D-Wave Quantum (QBTS) CEO Sold 52,320 Shares on July 14, 2026
Citadel LLC Manages $68 Billion with 19.2% Returns Since 1990
Citadel LLC, managed by Ken Griffin, oversees approximately $68 billion and has achieved average annual returns of 19.2% after fees since 1990. The hedge fund employs 260 PhDs and relies on 100 petabytes of data for its high-frequency trading strategies. Griffin recently shared insights on AI, emphasizing that many companies mislabel productivity gains as AI-derived when they stem from other technologies. His comments suggest investors should critically evaluate companies' claims regarding AI to make informed investment decisions, particularly in technology sectors.
Read More: Citadel LLC Manages $68 Billion with 19.2% Returns Since 1990
D-Wave Quantum (QBTS) Price Target Increased to $35 by Mizuho
Mizuho Securities has raised the price target for D-Wave Quantum Inc. (QBTS) to $35 from $29, while maintaining an 'Outperform' rating. This change follows the company's inaugural analyst day on June 15, 2026, where it outlined a roadmap to achieving 10 logical qubits by 2030 and scaling to 100 by 2032. Billionaire holdings in the company decreased from approximately $95.53 million in Q4 2025 to $39.67 million in Q1 2026, a drop of about $55.86 million. Despite this decline, Rosenblatt maintained a 'Buy' rating and a price target of $43.00, highlighting a recent $100 million investment from the U.S. government.
Read More: D-Wave Quantum (QBTS) Price Target Increased to $35 by Mizuho
D-Wave Quantum Inc. (QBTS) Issues Form 144 on June 12
D-Wave Quantum Inc. (QBTS) filed a Form 144 on June 12. This document typically indicates an intention to sell shares, which can imply upcoming changes in stock ownership. Investors may interpret such filings as a signal related to liquidity events or stock performance. The details of the filing could affect market perceptions and trading decisions regarding QBTS stock.
Read More: D-Wave Quantum Inc. (QBTS) Issues Form 144 on June 12
Quantinuum IPO Target Valuation of $12 Billion in Quantum Computing
Quantinuum, supported by Honeywell (65% stake) and Nvidia ($600M investment), is planning an IPO with a target valuation of $12 billion, making it the second-largest pure-play quantum computing company. The company aims to raise $1.05 billion to enhance its position in a sector that is experiencing renewed interest. Currently, IonQ has a market capitalization of approximately $23 billion, while D-Wave Quantum stands at $10 billion. This IPO is significant as it reflects growing enthusiasm in quantum computing, particularly with links to artificial intelligence infrastructure spending.
Read More: Quantinuum IPO Target Valuation of $12 Billion in Quantum Computing
Quantum Computing (QUBT) Stock Jumps 16% Amid $2B Grant Announcement
Quantum Computing (NASDAQ: QUBT) shares increased by 16% by 11:05 a.m. ET on Thursday following news that the Trump Administration plans to allocate $2 billion in grants to nine quantum computing companies. However, Quantum Computing is not among these beneficiaries and will receive no funds. Competitors such as IBM (NYSE: IBM) and D-Wave Quantum (NYSE: QBTS) will receive substantial grants, which raises concerns about QUBT's future market position. Despite the price surge, analysts forecast continued losses for QUBT, suggesting that investors should reconsider holding the stock.
Read More: Quantum Computing (QUBT) Stock Jumps 16% Amid $2B Grant Announcement
IonQ (IONQ) and D-Wave (QBTS) Focus on Quantum Computing Growth
IonQ (IONQ) has been awarded a DARPA contract, which signals its technological edge and potential military applications in quantum computing. Meanwhile, D-Wave Quantum (QBTS) is specializing in quantum annealing devices with a projected revenue of $24.6 million in 2025 against operating expenses of $121 million. Both companies demonstrate considerable upfront investments needed before reaching profitability, influencing investor sentiment toward the sector. Despite potential delays in mainstream adoption, the companies' advancements may impact investor interest in quantum technology stocks moving forward.
Read More: IonQ (IONQ) and D-Wave (QBTS) Focus on Quantum Computing Growth