D-Wave Quantum Inc. (QBTS)
- Analysts14
- Implied upside+131.7%
- Target range$22.00 to $45.00
SEC filings
| Form | Filed | Description |
|---|---|---|
| 8-A12B | July 24, 2026 | 8-A12B |
| 25 | July 24, 2026 | 25 |
| 8-K | July 24, 2026 | 8-K |
| 4 | July 21, 2026 | FORM 4 |
| 144 | July 20, 2026 | View on EDGAR |
| 4 | July 15, 2026 | FORM 4 |
| 4 | July 15, 2026 | FORM 4 |
| 4 | July 15, 2026 | FORM 4 |
Our QBTS coverage

All seven Magnificent Seven stocks fell today. Here's where that money actually went (July 23, 2026)
All seven Magnificent Seven stocks were red by late morning Thursday, led by Tesla's 14% drop on an earnings miss and Alphabet's close-to-7% slide despite beating estimates, on another capex raise. Amazon and Meta sold off too ahead of next week's reports. The money didn't just leave, it rotated: into defense on Lockheed's earnings beat, and out of quantum, SaaS and space.

I let Claude AI trade $100 on Robinhood, week 4: It's 0 for 4, then it passed on IREN's 17% jump, and watched it run higher
Claude AI is 0 for 4 with my $100 and the account is down to $74.59. On Monday it built an order for IREN at $39.45, then found that the same stock had popped on the same news back on July 6 and given back 23%, and walked away. IREN ran higher without it.

Bullish Watch, week of July 13: the market panicked over a Meta headline, and got it wrong
This week's watchlist, updated through Tuesday: Nebius gave back its early bounce on a data-center headline unrelated to its business, Kraken Robotics is holding up best of the five, Intel swung from a 6% drop to a 4.5% rally in two days, and Rocket Lab and Harmonic are still finding their footing.

Today's AI rotation map: out of the chips, into software, power and the frontier
A snapshot of Monday's rotation: as the AI build-out sold off, money moved into software (ServiceNow, Adobe), AI power (GE Vernova), quantum, space and cyber. A one-day picture that can flip fast.

The government is betting billions on quantum computing, but the payoff is years away
Washington is now a quantum-computing investor, having committed about $2 billion to nine companies and taken equity stakes back in May. But the technology will not pay off for years, and the pure-play stocks are already priced for a future that has not arrived. Here is the realistic picture.
Frequently asked questions
What do analysts expect for QBTS?
14 analysts cover D-Wave Quantum Inc. (QBTS). The consensus rating is Strong buy and the average price target is $37.56, in a range of $22.00 to $45.00.
Are insiders buying or selling QBTS?
We have no qualifying Form 4 insider purchases or sales on record for D-Wave Quantum Inc. (QBTS). Sales are only tracked above a dollar threshold, so small routine trades may not appear.
Where can I see QBTS SEC filings?
Recent filings are listed on this page, newest first. The latest is a 8-A12B filed July 24, 2026.