tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Insider Shake-Up: Major Stock Sales at D-Wave Quantum!

Insider Shake-Up: Major Stock Sales at D-Wave Quantum!

New insider activity at D-Wave Quantum ( (QBTS) ) has taken place on May 24, 2025.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

In a significant move, Director Roger Biscay has offloaded 112,196 shares of D-Wave Quantum stock, amounting to a transaction value of $1,982,791. Meanwhile, Director Steven M. West has also sold a substantial 311,973 shares, with the sale valued at $5,147,554. These transactions highlight notable insider activity within the company.

Recent Updates on QBTS stock

D-Wave Quantum’s stock has experienced significant price increases recently, with the stock rising by 24.3% to $16.34. This surge is largely attributed to the company’s announcement of the general availability of its Advantage2 quantum computing system, which represents a major advancement in quantum technology. The Advantage2 system is designed to solve complex problems beyond the capabilities of classical computers, enhancing applications in national security, AI, and quantum optimization. Additionally, D-Wave reported record first-quarter revenue and gross profit, further boosting investor confidence. Despite these positive developments, analysts have noted ongoing financial challenges for the company, including persistent losses and negative cash flows, which weigh on its valuation. However, D-Wave’s technological leadership and strategic partnerships are seen as potential growth opportunities.

Spark’s Take on QBTS Stock

According to Spark, TipRanks’ AI Analyst, QBTS is a Neutral.

D-Wave Quantum’s stock is buoyed by strong technical indicators and positive earnings call sentiment, reflecting robust growth and technical achievements. However, financial pressures from ongoing losses and negative cash flows, along with valuation concerns due to a negative P/E ratio, weigh down the overall score.

To see Spark’s full report on QBTS stock, click here.

More about D-Wave Quantum

YTD Price Performance: 98.13%

Average Trading Volume: 72,738,596

Technical Sentiment Signal: Buy

Current Market Cap: $5.56B

Disclaimer & DisclosureReport an Issue

1