QBTS D-Wave Quantum Inc.

bullish · high conviction 2/2 shifts correct ↓ $29.49 +2.01 (+7.3%)
Mkt Cap $10B 52wk $12.75 - $46.75 6d ago
Insider selling: $10,545,141 sold by 4 insiders (30d)
Est. revisions: -2.6% (2 up, 6 down in 30d)
Factor Model (net -2.3)

Factor Model

net -2.3 6.5 / 10
Est. Revisions
-0.2
Insider Activity
+0.0
Momentum
-1.0
Analyst Rev.
-0.8
Narrative Gap
-0.5

D-Wave Quantum Books Surge, Secures $100M Funding

Watch: Next earnings will confirm if strong bookings convert into sustained revenue growth, validating the impact of federal funding and large enterprise deals.

D-Wave Quantum booked $33.4 million in Q1 2026, a 1,994% YoY increase, led by a $20 million order from Florida Atlantic University and a $10 million deal with a Fortune 100 company. The U.S. Department of Commerce granted $100 million to D-Wave to advance quantum annealing and gate-model systems. The stock surged 14.22% following this federal boost.

The surge in bookings and strong federal funding validate commercial demand and development capacity, underpinning D-Wave's positioning as a leader in quantum annealing technology amid accelerating industry adoption.

Evidence

5d ago Trump Just Bet $2 Billion on Quantum Computing: Ranking IBM, QBTS and RGTI Stock Now yahoo-finance
6d ago This Quantum Computing Company's Backlog Just Increased Nearly 2,000% yahoo-finance
7d ago D-Wave Quantum (QBTS) Soars 14.2% on Govt Backing yahoo-finance
8d ago Quantum Computing Stocks Short Interest Jumps Amid Valuation Concerns benzinga
8d ago Who’s holding $QBTS? It has a real catalyst… reddit-raceto10m
8d ago Are any of these worth investing in at this point? reddit-investing
9d ago D-Wave Vice President Sophie Ames Sells $437,000 Worth Of Shares: QBTS Stock Is Trending Overnight benzinga
9d ago D-Wave Quantum, IBM, Infleqtion, Rigetti Computing And Walmart: Why These 5 Stocks Are On Investors' Radars Today benzinga
7 older signals
10d ago Quantum computing has become another Trump insider trade.
10d ago Quantum stocks are sham / don't buy the pop today.
10d ago IonQ Climbs 10%, D-Wave Rockets 25%, Rigetti Soars 24%, Quantum Computing Inc. Jumps 14%: The Quantum Trade Roars Back
10d ago Why Are Infleqtion, D-Wave Quantum, Rigetti Computing Shares Surging In Thursday Pre-Market?
11d ago Short interest at 16.1% of float, up 0%
14d ago D-Wave Quantum Stock Surges 4,550% -- This Quantum Computing Play Could Be the Next Big Thing
15d ago Quantum Computing Stock Shock: IonQ, Rigetti, D-Wave, and Quantum Computing Inc. Fall 6% to 9%
Fundamentals & Data ▾
D-Wave Quantum Inc. Technology · Computer Hardware
Mkt Cap
$10B
Beta
1.95
52w Range
$12.75 - $46.75
Short Interest
52.2M 16.06%
Days to Cover
1.7 -11%
Technicals mixed
vs 20d MA
+28.7%
from 52w Hi
0.0%
Vol (20d)
152%
1w return
+52.8%
1m return
+62.8%
Vol ratio
2.0x
Insiders
selling 1B / 11S
Analysts
mixed
EPS Estimate
$-0.09 -2.6% 30d 2up / 6dn
Est. Dispersion
91% 13 analysts
Analyst Target
$35 $20 - $45
Options P/C
0.24 1C / 0P unusual
Insider Cluster
sell cluster 0B / 2S
Fund Convergence
strong Citadel, Renaissance, D.E. Shaw
Financials
Revenue
$3M -81% YoY
FCF
$-46M
Gross Margin
64%
Op Margin
-1915%
Momentum: accelerating
Top Holders
Citadel $229M
Renaissance $45M
D.E. Shaw $7M
Recent Filings & Data
insider trade 5
net selling · $10,545,141 sold
4 insiders · 5 transactions (30d)
Recent transactions
BARATZ ALAN E · award
AMES SOPHIE C · sell · $436,934
NGUYEN DIANE · sell · $1,000,560
MARKOVICH JOHN M · exercise · $293,511
MARKOVICH JOHN M · sell · $9,107,647
Track Record (2/2 correct) ▾

Direction History

2/2 correct at 5 days
2026-05-17 bullish +44.5% ✓
2026-04-15 bullish +2.1% ✓
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15 signals · latest 5d ago

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