<div id="readability-page-1"><p>D-Wave Quantum Inc. (NYSE:QBTS - Get Free Report) dropped 1.7% during mid-day trading on Tuesday . The stock traded as low as $27.50 and last traded at $28.86. Approximately 33,211,749 shares traded hands during trading, a decline of 48% from the average daily volume of 64,144,660 shares. The stock had previously closed at $29.37.</p><div><p><span></span><span>Get <strong>D-Wave Quantum</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>An Earnings Win With a Stock Slump: What's Happening With D-Wave?</li></ul><p>A number of research firms have recently issued reports on QBTS. B. Riley boosted their price target on shares of D-Wave Quantum from $22.00 to $33.00 and gave the company a &#34;buy&#34; rating in a report on Monday, September 22nd. Weiss Ratings  reaffirmed a &#34;sell (e+)&#34; rating on shares of D-Wave Quantum in a research report on Tuesday, October 14th. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating on shares of D-Wave Quantum in a report on Monday, August 4th. Cantor Fitzgerald increased their price objective on D-Wave Quantum from $20.00 to $40.00 and gave the stock an &#34;overweight&#34; rating in a research note on Friday. Finally, Canaccord Genuity Group raised their price objective on D-Wave Quantum from $20.00 to $41.00 and gave the stock a &#34;buy&#34; rating in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating, one  has given a Hold rating and one  has issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the stock  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $28.67.</p><p><b>Get Our Latest Stock Analysis on QBTS</b></p><h2>D-Wave Quantum Price Performance</h2><ul><li>MarketBeat Week in Review – 11/03 - 11/07</li></ul><p>The company's fifty day moving average price is $28.37 and its 200 day moving average price is $19.90. The company has a market capitalization of $9.87 billion, a P/E ratio of -21.38 and a beta of 1.53. The company has a quick ratio of 54.49, a current ratio of 54.68 and a debt-to-equity ratio of 0.05. </p><p>D-Wave Quantum (NYSE:QBTS - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. The business had revenue of $3.74 million during the quarter, compared to analysts' expectations 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 firm's revenue for the quarter was up 105.6% on a year-over-year basis.  As a group, sell-side analysts forecast that  D-Wave Quantum Inc. will post -0.41 EPS for the current year. </p><h2>Insider Buying and Selling</h2><ul><li>3 Potential Scenarios to Watch for in D-Wave's Earnings Report</li></ul><p>In related news, Director Rohit Ghai sold 10,000 shares of the company's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $17.93, for a total transaction of $179,300.00. Following the completion of the sale, the director owned 47,778 shares of the company's stock, valued at $856,659.54. This represents a 17.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John D. Dilullo sold 8,000 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $17.93, for a total transaction of $143,440.00. Following the sale, the director owned 36,295 shares in the company, valued at $650,769.35. The trade was a 18.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 107,363 shares of company stock worth $2,859,478 in the last ninety days. 3.20% of the stock is owned by company insiders. </p><h2>Institutional Investors Weigh In On D-Wave Quantum</h2><p>Institutional investors and hedge funds have recently made changes to their positions in the stock. Reyes Financial Architecture Inc. bought a new position in  D-Wave Quantum in the 2nd quarter valued at $29,000.  Atlantic Union Bankshares Corp purchased a new stake in  D-Wave Quantum during the second quarter worth about $29,000.  Financial Consulate Inc. purchased a new stake in  D-Wave Quantum during the third quarter worth about $31,000.  Parallel Advisors LLC raised its position in  D-Wave Quantum by 227.3% in the second quarter. Parallel Advisors LLC now owns 2,206 shares of the company's stock worth $32,000 after acquiring an additional 1,532 shares during the period.  Finally, Gables Capital Management Inc. purchased a new position in  D-Wave Quantum in the second quarter valued at about $37,000. Institutional investors and hedge funds own  42.47% of the company's stock. </p><h2>D-Wave Quantum Company Profile</h2> (Get Free Report)<p>D-Wave Quantum Inc develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than D-Wave Quantum</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>BigBear.ai Stock Is Range-Bound—Wall Street Isn’t Buying the Hype</li><li>How to Short a Stock in 5 Easy Steps </li><li>Down 25%, Is Defense Darling Kratos an Attractive Opportunity? </li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>Rumble’s $767M Acquisition Marks Bold Pivot Into AI Infrastructure</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in D-Wave Quantum Right Now?</h2><p>Before you consider D-Wave Quantum, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and D-Wave Quantum wasn't on the list.</p><p>While D-Wave Quantum currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

QBTS

<p>D-Wave Quantum (NYSE:QBTS) shares fell 1.7% to $28.86, with trading volume down 48% from average levels. Analysts have mixed views: B. Riley raised its price target to $33, while Weiss Ratings maintained a 'sell' rating. The company reported a quarterly EPS of -$0.05, beating estimates, with revenue up 105.6% year-over-year. Insider selling has occurred, with directors reducing their stakes. Institutional investors hold 42.47% of shares. The stock has a consensus rating of 'Moderate Buy' and a target price of $28.67.</p>

D-Wave Quantum (NYSE:QBTS) Shares Down 1.7% - Time to Sell?