D Wave Quantum Inc (QBTS) Quote

Did management know it was overvalued at $5……..or

$10?

Did they know it was going to almost $20?

Folks were screaming PLTR was overvalued at $20.

#noise

OK, what website did you make this automated query on ? Looks interesting.

QBTS is headed the same way as WOLF. There was excessive dilution. Losses continued to come in and very optimistic investors kept claiming huge progress and hoping but couldn't explain the low revenues, continued losses, and continued dilution. This week the company announced that each shareholder was going to receive a whopping 97% valuation cut (to 3%) of their common shareholder ownership, as the creditors will receive compensation first. Beware. A wipe-out is coming.

A deep dive into D-Wave Quantum and their historic run in 2025 - can the momentum continue?



Weekly Chart

I didn't spend much time typing. It was an automated query of the information and I just typed ctrl-c.

LOL ! I never said a large majority of the shares were preferred ! I just mentioned that the one batch was. You wasted a lot of time typing for no reason !

LOL, which one are you saying was preferred shares? The huge majority we definitely common shares and not preferred.
Buy(P) /
Sell(S) P/S date Filed Date Company Symbol Insider Relationship Share Amt. Unit Price Total Proceeds Shares Owned Return(1m) Details
S 2025-06-16 2025-06-16 20:50:37.0 D-Wave Quantum Inc. QBTS Nielsen Kirstjen director 13,000 $16.04 $208,520.00 119,673 view
S 2025-06-12 2025-06-16 20:50:37.0 D-Wave Quantum Inc. QBTS Nielsen Kirstjen director 58,644 $16.21 $950,854.00 132,673 view
S 2025-06-16 2025-06-16 20:50:31.0 D-Wave Quantum Inc. QBTS DiLullo John D director 15,000 $16.40 $246,060.00 44,295 view
S 2025-06-13 2025-06-16 20:50:31.0 D-Wave Quantum Inc. QBTS DiLullo John D director 22,000 $15.12 $332,662.00 59,295 view
S 2025-06-12 2025-06-16 20:50:31.0 D-Wave Quantum Inc. QBTS DiLullo John D director 20,000 $16.20 $324,080.00 81,295 view
S 2025-06-12 2025-06-16 20:50:21.0 D-Wave Quantum Inc. QBTS Biscay Roger director 106,626 $16.85 $1,796,330.00 14,260 view
S 2025-06-12 2025-06-16 20:50:05.0 D-Wave Quantum Inc. QBTS Ghai Rohit director 43,517 $16.81 $731,303.00 57,778 view
S 2025-05-23 2025-05-28 20:56:26.0 D-Wave Quantum Inc. QBTS Nguyen Diane officer (General Counsel) 83,166 $18.77 $1,560,780.00 590,323 view
S 2025-05-23 2025-05-28 20:56:26.0 D-Wave Quantum Inc. QBTS Nguyen Diane officer (General Counsel) 2,596 $18.98 $49,277.30 673,489 view
S 2025-05-22 2025-05-23 17:29:00.0 D-Wave Quantum Inc. QBTS Biscay Roger director 96,521 $17.86 $1,723,770.00 106,626 view
S 2025-05-21 2025-05-23 17:29:00.0 D-Wave Quantum Inc. QBTS Biscay Roger director 15,675 $16.58 $259,939.00 203,147 view
S 2025-05-21 2025-05-23 17:28:54.0 D-Wave Quantum Inc. QBTS Markovich John M. officer (Chief Financial Officer) 200,000 $17.75 $3,550,000.00 1,577,940 view
S 2025-05-21 2025-05-23 17:28:54.0 D-Wave Quantum Inc. QBTS Markovich John M. officer (Chief Financial Officer) 200,000 $16.85 $3,370,000.00 1,777,940 view
S 2025-05-21 2025-05-23 17:28:43.0 D-Wave Quantum Inc. QBTS WEST STEVEN M director 311,973 $16.50 $5,148,800.00 236,322 view
S 2025-05-21 2025-05-22 19:05:20.0 D-Wave Quantum Inc. QBTS BARATZ ALAN E director officer (President & CEO) 845,813 $17.00 $1.43788E7 2,866,410 view

That is a huge number of shares dumped by insiders. The stock is looking worse, and the company keeps diluting shareholders and losing the money.

The last guy who sold was selling preferred shares. Preferred shares sometimes have to be sold by certain times and/or certain prices. I think the other insiders sold because they had knowledge of this guys type of shares and that he had to sell them. Thinking the stock price might tank a little they sold off ahead of him. I think the scary part is mostly over and this thing is going to recoil for another run. Just my humble opinion.

Beware of the very recent $26 million in insider selling of QBTS. This is an indication that they know that QBTS stock is far overvalued and going to go down. If they thought it was going to go up, management would be buying hand over fist. But they know it is going to go down and that is why they are massively selling fist over hand. Beware.

Technicals reloading.

A developing company near makes money the first years while they are developing products. You must be short to have such a near view.

Just look at the OBV.

Buyout would be at no more than (tangible book value + 10 X revenue). This is about $250 million. That would mean optimistically QBTS would be bought out for less than $1 per share. Buyers know they are losing massively, only living off of dilution of shareholders, and this is unsustainable.

Wow QBTS is only going to bring in $5 million in revenue for the April-June 2025 quarter, but they are going to lose $7 million dollars. It would be bad if they lost $2 million. That would be -40% margin. But they are going to lose $7 million. That is a -140% margin.
They are not just sending out $1.4 for each dollar they take in.
The are sending out $2.4 for each dollar they take in,
Let's hope they don't increase revenue or they'll need to dilute shareholders even FASTER!
Dire.

D-Wave and Tohoku University Announce Strategic Partnership to Accelerate Adoption and Implementation of Quantum Computing in Japan. Creating new use cases for quantum solutions in areas such as optimization, artificial intelligence, and materials simulation

(BUSINESS WIRE) -- D-Wave Quantum Inc. (NYSE: QBTS, hereinafter "D-Wave" or "the Company"), a leader in quantum computing systems, software, and services, and Tohoku University Graduate School of Information Sciences (hereinafter "Tohoku University"), a national university corporation that is a world leader in the research, application, and education of quantum annealing technology, have announced a new strategic partnership aimed at accelerating the adoption and implementation of annealing quantum computing technology in Japan. Under the partnership, the two parties will jointly provide technical expertise and professional services.

D-Wave and Tohoku University will focus on projects that support the development and implementation of quantum and hybrid quantum applications in the Japanese market. The two parties will work on developing quantum applications aimed at solving a wide range of problems, including employee shift scheduling, production scheduling, resource optimization, logistics routes, and cargo loading.

Tohoku University is one of the world's first research and educational institutions to use D-Wave's annealing quantum computer. In October 2017, we established the Tohoku University Quantum Annealing Research and Development Center (T-QARD) to promote research and development of quantum annealing technology. Since then, we have demonstrated leadership in the fields of research, application, and education of annealing quantum computing through joint research projects with many companies. In addition, Tohoku University has also been certified as a "Quantum Solutions Center" by the Cabinet Office.

"At the Ozeki Laboratory, we focus on applied research of quantum annealing, and promote its use in the real world, especially through joint research with companies. To date, we have verified the effectiveness of quantum technology in fields such as material development and optimization problems, and have obtained promising results. In the future, we would like to deepen our collaboration with D-Wave to further commercialize the technology, and together with D-Wave, we would like to provide quantum solutions to Japanese private companies that are not at the research level but are commercialized in the real world," said Professor Masayuki Ozeki of the Tohoku University Graduate School of Information Sciences, who was at the center of the partnership.

"We expect that the combination of Tohoku University's expertise in annealing quantum computing research and applications with our powerful quantum systems will greatly accelerate the adoption of quantum technology in Japan," said Lorenzo Martinelli, D-Wave's Chief Revenue Officer. "We believe that the collaboration between D-Wave and Tohoku University will help advance innovative new quantum and hybrid quantum applications in the Japanese market and contribute to solving complex business and societal challenges."

About Tohoku University

Tohoku University is a national university founded in 1907. With the traditional principles of "research first" and "open doors" since its founding, we create research and education at the world's highest level. We also aim to contribute to the realization of a peaceful and fair human society by using the results of our research to solve various problems facing society and by cultivating leading talent. We are engaged in cutting-edge quantum computer research and its applications, and are highly regarded worldwide in the fields of next-generation semiconductor technology and quantum information science, and are also promoting practical application through industry-academia collaboration. We also actively promote international collaborative research and develop global academic exchange.

https://www.tohoku.ac.jp/japanese/

About D-Wave Quantum Inc.

D-Wave is a leader in the development and provision of quantum computing systems, software, and services. We are the first company in the world to offer commercial quantum computers and the only company developing both annealing and gate quantum computers. Our mission is to help customers realize the value of quantum "now". Our quantum computers are the largest in the world, available on-premise or via the cloud, and supported by 99.9% uptime and availability. Over 100 organizations have already trusted D-Wave to solve their most challenging computational challenges. Over 200 million problems have been run on our quantum systems to date, and the technology is being used in a variety of use cases, including optimization, artificial intelligence, and research. To learn how you can realize the value of quantum computing today and how we are driving the evolution of industry and society with quantum technology, please visit: www.dwavequantum.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties and other factors that could cause actual results to differ materially from the information expressed or implied by these forward-looking statements and are not indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including various factors beyond management's control, including the risks discussed under the heading "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or the updated information discussed under the heading "Item 1A. Risk Factors" in Part II of our Quarterly Report on Form 10-Q, and other filings with the SEC. You should not place undue reliance on the forward-looking statements in this press release when making investment decisions. These statements are based on information available to us as of today. We undertake no obligation to update this information unless required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250611140084/ja/

Media Contact:

D-Wave
Alex Daigle
media@dwavesys.com

Tohoku University
Information Sciences and Technology Public Relations Office: Shikano
koho_is@grp.tohoku.ac.jp

The second largest pension fund in America is now buying this stock !!!

Yes. $111 or higher by years end !!!

Will this ever see 11 again?

Introducing D-Wave's Advantage2™ Quantum Computer

It's forming a flag, could be good or bad, I'd wait until it gets back below $15 to consider it

Quantum World Congress 2024 is where it all started.
I use to work in that area and Capital One came in and tore down the buildings and built the Capital One Hall. There are over 100 presenters listed in the right panel. We are only in the 1st inning and who knows what/who will be the leaders. There are over 350 companies working on quantum computers with most of them being private. Some of them have been working on quantum for 20+ years.

WATCH ON YOUTUBE

They will probably be bought out. It has been heavily shorted with 19M shares still short.
OBV needs to turn up.

LWLG is now $1.18 and looking worse financially.

You need to own both

May-23 PLTR 30000 $7.75
Mar-24 VZLA 10000 $1.18
Mar-24 KUYAF 50000 $0.20
Jul-24 IONQ 10000 $7.75
Aug-24 RGTI 20000 $0.95
Aug-24 QBTS 20000 $1.10
Oct-24 LWLG 20000 $3.50

IonQ got the hype today. QBTS is falling further behind and falling from excessively overvalued double top. We could see support for QBTS around $1.50 per share.

Big MOO* trade this morning.
*Market on Open.

Looks good with OBV turning higher.

Quantum space is heating up. Looks like DJ second largest US pension.. picked up Dwave stocks
https://www.barrons.com/articles/d-wave-quantum-stock-djt-buy-bda62c90

Buying more whenever possible. Excellent opportunity for gains.  

More people are finding they have been duped by snake oils salesman and fake press releases. QBTS is going down again.

Recent warrant proceeds $96M
From May 30, 2025 through June 3, 2025, D-Wave Quantum Inc. (the “Company”) received proceeds in the aggregate amount of approximately $15.3 million in connection with the exercise of approximately 1.33 million warrants to purchase shares of the Company’s common stock with an exercise price of $11.50 per warrant. As previously disclosed, on May 29, 2025, the Company also received proceeds in the aggregate amount of approximately $80.5 million in connection with the exercise of approximately 7.0 million warrants to purchase shares of the Company’s common stock with an exercise price of $11.50 per warrant. These warrants were assumed by the Company in conjunction with the August 5, 2022 merger with DPCM Capital, Inc.

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001907982/000190798225000122/qbts-20250530.htm

REGISTRATION $400,000,000
Common Stock Preferred Stock
Debt Securities Warrants Units
https://www.sec.gov/Archives/edgar/data/1907982/000162828025029053/d-wavesx3universal_jun03.htm

A.I. Drone Operations Flourishing as Global Quantum Computing Market Expected to Reach $5.3 Billion By 2029
Globe Newswire9:05 AM Eastern Daylight Time May 29, 2025

PALM BEACH, Fla., May 29, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global quantum computing market is expected to grow significantly in the coming years. A report from MarketsAndMarkets projected that the global quantum computing market size will be valued at USD 5.3 billion by 2029, growing at a CAGR of 32.7% during the forecast period through 2029. The report said: “Quantum computing is a growing technology that has the opportunity to make computing faster. These devices can perform valuable tasks but have a high rate of error. In short-term quantum computing, use cases will have a hybrid quantum operating model, a mix of traditional and quantum computers. In the short term, also known as the NISQ era, the revenue for quantum computing will be entirely generated from end-user industries and quantum computing research investments. Mid-term quantum computing is expected to witness many advantages over conventional computers. To achieve this stage, quantum algorithms with a high error correction ability are required. Long term quantum computing requires a high tolerance for error correction and scalability. At this stage, the value will be added by the quantum hardware, quantum software, and service providers. Systems segment to account for highest CAGR of the quantum computing market during the forecast period Quantum computer systems are designed to solve complex problems that traditional computers find difficult. Constant investments and development in quantum computing systems are driving the market during the forecast period. Quantum computing hardware launches are becoming increasingly common. The shipment of quantum computing systems is increasing daily. The cloud segment is projected to account for a larger share of the quantum computing industry than the on-premises segment from 2024 to 2029.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Quantum Corporation (NASDAQ: QMCO), Rigetti Computing, Inc. (NASDAQ: RGTI), D-Wave Quantum Inc. (NYSE: QBTS), Supermicro, Inc. (NASDAQ: SMCI).

Comrades, need to find more suckers to buy...

so we watch...LJ

While I admittedly don't understand ANY of the technology of this companies, they don't seem to be in the same peer group....

D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading

Quantum Computing Inc. is an integrated quantum optics and nanophotonic technology company. The Company is utilizing integrated photonics and non-linear quantum optics to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging and cybersecurity applications. Its products are designed to operate at room temperature and low power. Its Entropy Quantum Computer is a full-stack system, incorporating the Company’s custom user interface software Qatalyst, which allows users to avoid the complexity of software development kits at the circuit level and has evolved from the Company’s primary Software as a Service offering to the software that powers its offerings. Its Reservoir Computer is a device that uses an integrated circuit that can be reprogrammed after manufacturing and optimized for recurrent neural network applications. Its Quantum Photonic Vibrometer is a proprietary, instrument for remote vibration detection, sensing, and inspection.

I'm out. Insider selling didn't sit well. Went over to QUBT instead. Be careful here and good luck to all

In my humble opinion, shorts will have real problem. :)) 

You may be right or you may be wrong, but considering the stock is up about 200% in 2 weeks, that's an awfully gutsy prediction.

DWave has been far surpassed by IBM, IonQ, QUBT, PsiQuantum, Rigetti, and many other quantum information companies.
Now, they are just finding dupes to buy shares and diluting existing shareholders.
You will know if DWave is doing well if the don't continue more than 40% per year diluation of shareholders. In the latest year, they have sped up the dilution and are creating 80% more shares over prior year. Terrible!
Google years ago had taken a look at DWave and dumped them as inferior technology. The evidence of this is that bookings are down. They just send out hype press releases. The company is rapidly on the way out.

In my opinion, quantum stock begin to show momentum.. another Canadian company Quantim emotion corp QNCCF had a great news ... i think Dwave with others like IONq, RGTI and many other will start going up ... may be the next Nvdia ?? all my opinion 

Why $30?? Sell me on your thinking.

I am not typically a gambler "in the swingers", but I also don't typically buy stocks with negative earnings.
This whole industry is a gamble....and the reason I don't typically buy them is, I don't want to own enough of it to matter. Therefore I forget to watch them.
I did the same thing with BBAI and missed the leap (although it looks to be going again)....I forget to watch them and sell....unless I'm using them for a short term personal buy, like just buying the spousal_unit her own golf cart.

$30+ meaning $100 !!!

What a beast, holding for 30+

Comrades, sellers will be buying real, big tech

companies with earnings in week ahead...

Sacrifice is now needed to buy more to

help keep the price pump going...


so we watch...LJ

Have some for takeover eventually imho. 

Maybe sell some Jun 6 or Jun 13 covered calls between $20 -$25 strike price. Of course, this depends on the market action (bullish) come Tuesday morning to help determine this action. But just selling 1 covered call (100 shares) at $20 and it happens to get called away will net you $2000, not including whatever premium you will get upfront. If it does get called away, you pocket $2000+ (premium paid upfront) and still have 900 shares, if it expires worthless (not hitting the strike price you sold the option, let's say $20) you pocket the premium you were paid upfront and still have 1000 shares.

Just something to think about, if you were thinking about taking some profits...
Congrats on the nice gains & GLTY

I bought a thousand shares of QBTS a while back at 48 cents. Is it time to sell?

5 billion market caps are a dime a dozen

in this market...

After 15 million revenue in a quarter,

no telling how high it may get pumped...

Didn't realize that you were a gambler

in the swingers...

Absolute zero working conditions should

pay good for the hazard potential...


so we watch...LJ

Under $30 near term is a must own imho. 

Uh oh....things are about to get volatile.....

Options Trading Now Available on Three Tradr ETFs: QBTX, TEMT and APPX
PR Newswire12:57 PM Eastern Daylight Time May 21, 2025


Options Trading Now Available on Three Tradr ETFs: QBTX, TEMT and APPX

PR Newswire

NEW YORK, May 21, 2025


Surging demand for 2X Leveraged Daily ETFs tied to D-Wave Quantum, Tempus AI & AppLovin now met with expanded trading flexibility

NEW YORK, May 21, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, today announced that options trading is now available on its newest three leveraged ETFs: Tradr 2X Long QBTS Daily ETF (Cboe: QBTX), Tradr 2X Long TEM Daily ETF (Cboe: TEMT), and Tradr 2X Long APP Daily ETF (Nasdaq: APPX).

The three ETFs, all first-to-market products, have quickly gained traction among traders seeking 200% daily long exposure to highly followed, liquid single names involved in emerging technology: D-Wave Quantum (NYSE: QBTS), Tempus AI (Nasdaq: TEM), and AppLovin (Nasdaq: APP). Launched on April 24, 2025, QBTX has rapidly become one of the fastest-growing ETFs of the year, buoyed by the recent price surge in D-Wave Quantum shares. The fund now has $12.5 million in assets and has notched an average daily trading volume of 403,000 shares since D-Wave reported 1Q25 earnings on May 8. Listing the same day as QBTX, APPX has also witnessed impressive asset growth with AUM topping $13.5 million. Meanwhile, TEMT, which more recently debuted on May 12, 2025, has already attracted $11.5 million in assets.

"The strong early demand for QBTX, TEMT and APPX highlights how traders are increasingly on the hunt for tools that let them express high conviction views in robust-growth, high-volatility stories like quantum computing, AI-driven medicine and mobile advertising," said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. "Now, with options available on QBTX, TEMT and APPX, investors have even more flexibility to manage risk, hedge exposure or build directional positions aligned with their short-term market views."