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As of September 10, 2026, D-Wave Quantum Inc. (QBTS) trades at $16.79. CleaRank Financial AI rates it Sell with a fair value of $17.12, 2.0% above the current price. Wall Street's consensus target is $36.00 across 17 analysts. RSI at 40 is in neutral territory, and the price is below its 50-day average of $19.08.

D-Wave Quantum Inc. (QBTS)

D-Wave Quantum Inc. NYSE

$16.79 -0.3350 (-1.96%)
Latest Price
AI Analyst Consensus
Sell
21 / 100
D-Wave Quantum Inc. (QBTS) is currently trading at $17.12, below its 50-day and 200-day moving averages ($19.08 and $21.46), signaling bearish momentum. The primary concern stems from substantial insider selling, with over $155 million in dispositions against minimal purchases, indicating a lack of internal confidence. While Wall Street analysts maintain a generally positive 'Buy' consensus with a median price target of $36.00, suggesting significant upside, the heavy insider selling presents a considerable risk to this outlook. The company's revenue growth has been negative in the most recent reported period, though forward estimates show strong acceleration. Despite the positive analyst sentiment and strong forward revenue projections, the overwhelming insider selling is a significant red flag. The stock's current technical posture is also bearish, with RSI at 39.78 and trading below key moving averages. Investors should weigh the potential upside indicated by analysts against the clear signal of insider divestment and weakening technicals.

QBTS Price Analysis

Market Metrics

Open
$16.70
Day Range
$16.62 to $17.10
Prev Close
$17.12
Volume
60.0K
52-Week Range
$12.75 to $46.75
Market Cap
$6.38B

Peer Benchmarking

Valuation vs Sector (Technology)

Performance vs XLK

Sector Position Analysis
On price-to-sales, the yardstick used here in place of P/E, QBTS trades at 529.66x, far above the sector average of 8.00x.

QBTS Financial Performance

Revenue vs. Earnings

Annual

Quarterly

Earnings Reality Check

Analysis: In the last 3 quarters, QBTS beat estimates 1 times. However, the stock fell 1 times the next day. This suggests positive news is often "priced in" or investors are selling the news.

QBTS Analysis

Company's Health 2/5
AI Technical Analysis Sell
D-Wave Quantum Inc. (QBTS) is trading below its 50-day and 200-day moving averages ($19.08 and $21.46), indicating a bearish trend. The Relative Strength Index (RSI) is at 39.78, classified as bearish momentum, suggesting further downside potential. The Moving Average Convergence Divergence (MACD) is also negative at -0.79, reinforcing the bearish sentiment. Key support levels are not clearly defined given the limited trading history and recent price action. Volume has been below average recently, with the latest volume at 15.91 million compared to an average of 17.45 million. The current price action suggests a lack of immediate buying interest, and the bearish technical indicators point towards potential continued weakness in the near term.
ProTips
  • The significant insider selling pressure on D-Wave Quantum Inc. (QBTS), totaling over $155 million, warrants extreme caution and suggests investors should closely monitor any further disclosures.
  • D-Wave Quantum Inc. (QBTS) is trading below its 50-day and 200-day moving averages ($19.08 and $21.46) with bearish RSI momentum, indicating a potential for continued downside risk.
  • Given the current bearish technicals and heavy insider selling, consider implementing a strict stop-loss strategy to manage potential downside.
Key Catalysts
Bearish Heavy Insider Selling Continues

Insiders have sold over $155 million worth of D-Wave Quantum Inc. (QBTS) stock, indicating a significant lack of confidence in the company's near-term prospects.

Source: Insider Trading Filings
Bearish Bearish Technical Momentum

QBTS is trading below its key 50-day and 200-day moving averages, with a bearish RSI status, suggesting potential for further price declines.

Source: Technical Analysis Data
Bullish Strong Forward Revenue Growth Projections

Analysts forecast significant revenue acceleration for D-Wave Quantum Inc. (QBTS), with next year's revenue expected to grow by 90.00%.

Source: Wall Street Estimates
Bullish Positive Wall Street Analyst Sentiment

The majority of Wall Street analysts maintain a 'Buy' rating on D-Wave Quantum Inc. (QBTS) with a median price target of $36.00, implying substantial upside potential.

Source: Wall Street Consensus
Market Outlook
The base case for D-Wave Quantum Inc. (QBTS) over the next 6-12 months is cautious, given the strong insider selling and bearish technicals, despite a median analyst target price of $36.00. The company's ability to achieve its projected strong revenue growth will be critical in overcoming current unprofitability and insider divestment signals. The current price of $17.12 suggests significant upside if the company can execute on its growth strategy and analysts' targets are met. Potential catalysts for upside include continued strong revenue growth and successful product development in the quantum computing space. However, downside risks are substantial, primarily driven by the heavy insider selling which suggests internal concerns about future performance. Failure to meet ambitious revenue targets or a continuation of insider divestment could lead to further price depreciation, potentially testing lower support levels.

Key Statistics

Market Cap 6.38B
P/E Ratio N/A (Negative EPS)
EPS (TTM) -0.7000
Dividend Yield 0.00%
52 Week High 46.75
52 Week Low 12.75
D-Wave Quantum Inc. (QBTS) faces valuation challenges with a negative EPS of -0.70, making its P/E ratio mathematically negative. While the company is not currently profitable, forward revenue estimates show significant growth, with next year's revenue projected to increase by 90.00% to $80.9 million. The current price of $17.12 is below the sector average P/E of 35.00, but this comparison is skewed by the company's lack of profitability. Despite the strong projected revenue growth, the company's current financial health is concerning due to its unprofitability and the significant insider selling. The market capitalization of $6.38 billion for a company with negative EPS and recent negative revenue growth warrants careful consideration. Investors should monitor the company's path to profitability and its ability to sustain the projected revenue acceleration.

Earnings & Growth Analysis

D-Wave Quantum Inc. (QBTS) most recently reported an EPS of -0.13 for the quarter ending August 6, 2026, missing the estimate of -0.09 by 44.44% and resulting in a 6.98% stock price increase. Prior quarters also showed a pattern of missed earnings estimates, with a 37.5% surprise on the upside in May 2026 and a 50% miss in February 2026. The company has consistently reported losses, and the recent earnings performance, despite a positive price reaction in the latest quarter, does not indicate a clear trend of earnings improvement.

Key Risks

The most significant risk for D-Wave Quantum Inc. (QBTS) is the heavy insider selling, with over $155 million in dispositions, which signals a lack of confidence from management. Additionally, the stock is trading below key technical indicators like the 50-day and 200-day SMAs, with bearish RSI momentum, suggesting potential for further price declines. The company's current unprofitability and negative revenue growth in the latest period also present financial risks.

Technical Indicators i

RSI (14) 39.78
MACD -0.79
SMA 50 19.08
SMA 200 21.46
Technical Rating Bearish
RSI
Bearish
SMA Cross
Bearish
Price vs SMA
Bearish
MACD
Bearish
Moving averages show a lagging Death Cross (50-day: $19.08, 200-day: $21.46), price is trading below the 50-day SMA.

Market Correlations

How this stock moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.33
Weak correlation
Nasdaq 100 (QQQ) +0.37
Weak correlation
Bitcoin (BTC) +0.33
Weak correlation
Gold (XAU) +0.17
Weak correlation
Check Custom Correlation

QBTS Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

🔴 SHORT ENTRY (click to switch)

CONSERVATIVE
$17.12
2% above current price
Lower risk, wait for rally
AGGRESSIVE
$16.79
Short at current price
Higher risk, chasing the move

Risk Management

STOP LOSS
$18.53
MAX LOSS
-8.2%
Volatility-Adjusted Stop Loss
Calculated based on RSI (39.8) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$16.26
-5% (Conservative)
-3.1% (Aggressive)
TARGET 2
$15.41
-10% (Conservative)
-8.2% (Aggressive)
TARGET 3
$14.55
-15% (Conservative)
-13.3% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
⚠️ High-Volatility Risk Disclaimer
QBTS is classified as a high-volatility asset (Daily Vol: 5.49%). Aggressive price swings can lead to rapid capital loss. Liquidity risks may prevent exiting trades at desired prices. This AI-generated analysis is for educational purposes only and is not financial advice. Generated on September 11, 2026.

Growth of $10,000

A $10,000 investment in QBTS in December 2020 would be worth about $16,867 today, compared with about $20,814 for the same investment in the S&P 500 benchmark.

Compare with Another Ticker

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in QBTS today could grow to about $22,385 by 2036 in the base case, with a bull case near $169,829 and a bear case around $2,951. Projections are statistical simulations, not guarantees.

QBTS Stock Price Prediction: 2030

CleaRank's simulation projects a price near $23.17 for QBTS by 2030 in the base case, from $16.79 today (1.4x over 4 years). The downside path ends near $6.43. These are outcomes of a Monte Carlo simulation run on QBTS's historical return distribution, not price targets, and they assume no dividends are reinvested.

QBTS simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $9.59 $18.19 $34.53
2028 $7.97 $19.72 $48.81
2029 $7.05 $21.38 $64.85
2030 $6.43 $23.17 $83.46
2031 $5.99 $25.11 $105
2032 $5.67 $27.22 $131
2033 $5.41 $29.51 $161
2034 $5.22 $31.98 $196
2035 $5.07 $34.66 $237
2036 $4.95 $37.57 $285

Method: 10,000 simulated price paths using QBTS's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

People Also Watch

QBTS Insider Trading Analysis

Source: SEC Form 4
Bought
$1.8K
1 Transactions
Sold
$155.5M
51 Transactions
Insiders
10
Active Traders
$ Avg Transaction
$3.0M
Large trades
Recent insider transactions in QBTS
Date Insider Type Shares Value
Jan 14, 2025
PUBLIC SECTOR PENSION INVESTMENT BOARD
Beneficial Owner of more than 10% of a Class of Security
Sell 19.7M $89.3M
Dec 12, 2024
PUBLIC SECTOR PENSION INVESTMENT BOARD
Beneficial Owner of more than 10% of a Class of Security
Sell 18.4M $78.0M
Dec 22, 2025
BARATZ ALAN E
Chief Executive Officer
Sell 793.7K $23.9M
Nov 11, 2025
BARATZ ALAN E
Chief Executive Officer
Sell 806.3K $23.3M
Jun 8, 2026
BARATZ ALAN E
Chief Executive Officer
Sell 687.6K $18.0M
May 21, 2025
BARATZ ALAN E
Chief Executive Officer
Sell 845.8K $14.4M
May 22, 2026
MARKOVICH JOHN M
Chief Financial Officer
Sell 328.8K $9.1M
May 21, 2025
MARKOVICH JOHN M
Chief Financial Officer
Sell 400.0K $6.9M
Dec 20, 2024
PUBLIC SECTOR PENSION INVESTMENT BOARD
Beneficial Owner of more than 10% of a Class of Security
Sell 1.0M $6.7M
Jun 15, 2026
MARKOVICH JOHN M
Chief Financial Officer
Sell 246.0K $6.2M

Frequently Asked Questions

What is QBTS stock price prediction for 2030?
D-Wave Quantum Inc.'s (QBTS) long-range projection for 2030 estimates a base case price of $23.63, with a downside scenario of $6.56 and an upside scenario of $85.13. These figures are derived from Monte Carlo simulations and are not guarantees.
Is D-Wave Quantum Inc. stock a buy right now?
D-Wave Quantum Inc. (QBTS) is currently trading at $17.12. While Wall Street analysts have a median price target of $36.00, indicating significant upside, the stock exhibits heavy insider selling and bearish technical momentum, making it a risky buy at this juncture.
What is the consensus rating for D-Wave Quantum Inc. (QBTS)?
The consensus rating for D-Wave Quantum Inc. (QBTS) is 'Buy', with 15 out of 17 analysts recommending a Buy. The overall Wall Street score is 75 out of 100.
How is D-Wave Quantum Inc.'s recent earnings performance?
D-Wave Quantum Inc. (QBTS) recently reported an EPS miss of 44.44% for the quarter ending August 6, 2026, although the stock saw a positive price reaction. Previous quarters also showed mixed results with earnings misses and occasional beats.
What are the key risks facing D-Wave Quantum Inc. (QBTS)?
The primary risks for D-Wave Quantum Inc. (QBTS) include substantial insider selling exceeding $155 million, bearish technical indicators such as trading below key moving averages and a low RSI, and current unprofitability.
How does D-Wave Quantum Inc. compare to sector averages?
D-Wave Quantum Inc. (QBTS) operates in the Technology sector. While its current price is below the sector average P/E, its negative EPS makes direct valuation comparison difficult. Forward revenue growth estimates are strong, but current revenue growth is negative.
What is the outlook for D-Wave Quantum Inc. (QBTS) revenue?
D-Wave Quantum Inc. (QBTS) is projected to see significant revenue acceleration, with next year's revenue estimated to grow by 90.00% to $80.9 million. The current quarter's revenue is expected to grow by 16.00% year-over-year.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The stock analysis, trade plans, and AI-generated signals presented for QBTS are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. They do not represent actual trades made by CleaRank or its affiliates. Stock prices can be volatile and are subject to market, economic, and company-specific risks. Market data is provided "as-is" and may be delayed by 15 minutes or more. We do not guarantee the accuracy, completeness, or timeliness of any data. You should never invest money you cannot afford to lose. Past performance does not guarantee future results. Consult a qualified financial advisor before making any investment decisions. Analysis generated on September 11, 2026.