“`html
The revised average one-year price target for D-Wave Quantum (NYSE: QBTS) has increased to $38.25 per share, representing a 42.59% rise from the previous estimate of $26.83 made on November 7, 2025. This new target reflects an average increase of 62.01% from the latest reported closing price of $23.61 per share, with analyst estimates ranging from a low of $30.30 to a high of $50.40.
As of the last quarter, 649 funds or institutions reported positions in QBTS, marking a 34.37% increase from the previous quarter. Total institutional shares owned rose by 24.88% to 204.32 million shares, with an average portfolio weight of 0.09%, up by 36.50%. The put/call ratio is currently at 0.84, indicating a bullish sentiment among investors.
Notable shareholders include D.E. Shaw, which increased its holdings from 12.70 million to 13.65 million shares (3.94% ownership), and UBS Group, which raised its position from 1.88 million to 12.09 million shares (3.49% ownership), marking an 84.41% increase. The Vanguard Total Stock Market Index Fund also increased its share count from 6.05 million to 8.83 million shares (2.55% ownership), a 150.62% rise.
“`
