QBTS jumps 11% on World Quantum Day surge
Watch: Monitor upcoming quarterly results for revenue growth and cash flow trends to gauge turnaround potential.
Full analysis
QBTS stock jumped nearly 11% to above $16 on World Quantum Day following an 8.48% rise in the quantum computing theme. Mizuho cut the price target from $40 to $31 but kept an outperform rating. Insider selling exceeded $150 million, contrasting with strong institutional holdings from Citadel and Renaissance.
The rally highlights strong investor excitement, but heavy insider selling suggests caution on operational execution and valuation risks.
Evidence
1d ago
Insider sell by BARATZ ALAN E (QBTS): $23,276,406
1d ago
Insider sell by BARATZ ALAN E (QBTS): $23,913,114
1d ago
Insider buy by WEST STEVEN M. (QBTS): $1,795
1d ago
Insider sell by BARATZ ALAN E (QBTS): $14,378,821
1d ago
Insider sell by PUBLIC SECTOR PENSION INVESTMENT BOARD (QBTS): $89,292,232
1d ago
Insider sell by PUBLIC SECTOR PENSION INVESTMENT BOARD (QBTS): $77,991,252
7 older signals
15 signals · latest 10h ago
Get alerted when QBTS changes direction
We'll email you when our AI detects a shift — reversals, insider clusters, filing red flags.