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Qbts News Today Why Did D Wave Quantum Stock Go Down Today Marketbeat

Bonisiwe Shabane
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qbts news today why did d wave quantum stock go down today marketbeat

D-Wave Quantum Inc. (NYSE:QBTS - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $32.19, but opened at $30.61. D-Wave Quantum shares last traded at $30.9710, with a volume of 4,747,021 shares trading hands. Here are the key news stories impacting D-Wave Quantum this week: A number of research firms have recently weighed in on QBTS.

Evercore ISI began coverage on shares of D-Wave Quantum in a research report on Wednesday, December 3rd. They issued an "outperform" rating and a $44.00 price objective for the company. Cantor Fitzgerald increased their price target on D-Wave Quantum from $20.00 to $40.00 and gave the stock an "overweight" rating in a research note on Friday, November 7th. Canaccord Genuity Group lifted their price objective on D-Wave Quantum from $20.00 to $41.00 and gave the company a "buy" rating in a research report on Friday, November 7th. Mizuho initiated coverage on D-Wave Quantum in a research note on Thursday, December 11th. They issued an "outperform" rating and a $46.00 target price for the company.

Finally, Wall Street Zen downgraded D-Wave Quantum from a "hold" rating to a "sell" rating in a research report on Saturday. Fourteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $33.67. 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 firm has a market capitalization of $10.56 billion, a price-to-earnings ratio of -22.37 and a beta of 1.57. The business has a fifty day moving average price of $28.47 and a 200 day moving average price of $22.46.

D-Wave Quantum (NYSE:QBTS - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.02. The firm had revenue of $3.74 million during the quarter, compared to the consensus estimate of $3.03 million. D-Wave Quantum had a negative return on equity of 97.58% and a negative net margin of 1,651.81%.The business's revenue for the quarter was up 105.6% on a year-over-year basis. As a group, equities analysts forecast that D-Wave Quantum Inc. will post -0.41 earnings per share for the current year.

Shares of D-Wave Quantum Inc. (NYSE:QBTS) are trading lower on Tuesday, after gaining 20% on Monday when enthusiastic retail traders took it up. D-Wave broke resistance with this move. This is why it is the Stock of the Day. This breakout may result in a new uptrend forming. Many traders overcomplicate the markets.

They believe they are analogous to a chess game or a math equation. This belief is not correct because chess and math are logical. Markets consist of people, and people can be irrational and emotional. In the short term, this is what moves stock prices. Read Also: Nano Nuclear Partner Wins Key Uranium License New York time check: It is 1:58 p.m.

ET on Friday, December 26, 2025—and the U.S. stock market is open. D‑Wave Quantum Inc. (NYSE: QBTS) is having a sharp down session after a volatile holiday week for quantum-computing names. The latest exchange update shows QBTS trading around $24.82, down roughly $2.71 (about ‑9.8%) on the day, after an intraday high near $27.79 and low around $24.80 on elevated volume (about 23.2 million shares... The broader tape is comparatively calm: SPY is modestly lower while QQQ is roughly flat-to-slightly higher, and IWM (small caps) is weaker—an environment that often punishes high-beta, story-driven stocks first when traders de-risk.

So what’s happening with D‑Wave stock today—panic, profit-taking, or something more fundamental? A clean way to read today’s move is: a high-momentum stock meeting thin holiday liquidity and fast profit-taking, with a side of headline digestion. Shares of D-Wave Quantum Inc (NYSE:QBTS) are trading lower Wednesday afternoon, caught in a broader market downturn. The broader tech sector is facing headwinds from a Reuters report that the United States is considering new restrictions on exports to China involving U.S. software and technology. Here’s what investors need to know.

What To Know: This news is particularly concerning for the tech sector, as it could significantly limit access to the lucrative Chinese market, creating uncertainty for future revenue and growth. For a company like D-Wave, which operates in the highly specialized and globally competitive field of quantum computing, the prospect of being cut off from a major market is a significant blow to investor... The downturn comes despite a positive long-term outlook for the quantum computing industry. Last week, JPMorgan Chase announced a multi-billion dollar investment initiative targeting key technology sectors, including quantum computing, as a matter of national security. This, coupled with ongoing U.S. government support, underscores the strategic importance of the industry.

However, for Wednesday, D-Wave’s stock is reflecting the more immediate concerns of market weakness and geopolitical tensions. D-Wave Quantum Inc. (NYSE:QBTS - Get Free Report)'s share price dropped 6.2% during mid-day trading on Tuesday . The company traded as low as $31.12 and last traded at $32.28. Approximately 40,258,338 shares changed hands during trading, a decline of 38% from the average daily volume of 64,912,750 shares. The stock had previously closed at $34.40.

A number of equities research analysts have weighed in on QBTS shares. Piper Sandler lifted their price objective on D-Wave Quantum from $13.00 to $22.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Needham & Company LLC reaffirmed a "buy" rating on shares of D-Wave Quantum in a report on Monday, August 4th. Canaccord Genuity Group started coverage on shares of D-Wave Quantum in a research report on Wednesday, July 23rd. They set a "buy" rating and a $20.00 target price on the stock. Wall Street Zen downgraded shares of D-Wave Quantum from a "hold" rating to a "sell" rating in a report on Saturday, August 9th.

Finally, Cantor Fitzgerald assumed coverage on shares of D-Wave Quantum in a report on Wednesday, July 2nd. They set an "overweight" rating and a $20.00 price objective on the stock. Eleven analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $20.27. The firm has a market cap of $11.04 billion, a price-to-earnings ratio of -30.75 and a beta of 1.49. The company has a current ratio of 42.99, a quick ratio of 42.86 and a debt-to-equity ratio of 0.05.

The firm has a 50 day moving average price of $23.66 and a 200-day moving average price of $17.17. D-Wave Quantum (NYSE:QBTS - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.03). D-Wave Quantum had a negative net margin of 1,263.92% and a negative return on equity of 118.87%. The business had revenue of $3.10 million during the quarter, compared to analyst estimates of $2.55 million. D-Wave Quantum's revenue for the quarter was up 40.9% on a year-over-year basis.

On average, equities analysts forecast that D-Wave Quantum Inc. will post -0.41 EPS for the current year. In other news, Director Rohit Ghai sold 10,000 shares of the company's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $17.93, for a total value of $179,300.00. Following the sale, the director directly owned 47,778 shares in the company, valued at $856,659.54. This represents a 17.31% decrease in their ownership of the stock.

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John D. Dilullo sold 8,000 shares of D-Wave Quantum stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $17.93, for a total value of $143,440.00. Following the sale, the director owned 36,295 shares of the company's stock, valued at approximately $650,769.35. This represents a 18.06% decrease in their position.

The disclosure for this sale can be found here. Insiders have sold a total of 207,363 shares of company stock worth $4,659,478 in the last 90 days. Corporate insiders own 3.20% of the company's stock.

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Shares of D-Wave Quantum Inc. (NYSE:QBTS) are trading lower on Tuesday, after gaining 20% on Monday when enthusiastic retail traders took it up. D-Wave broke resistance with this move. This is why it is the Stock of the Day. This breakout may result in a new uptrend forming. Many traders overcomplicate the markets.