D-Wave Quantum (QBTS) is set to release its Q1 2026 results next week on May 12. So far this year, QBTS stock has dropped 16% mainly because investor sentiment around quantum computing stocks has cooled after a strong speculative rally. In this article, we break down who owns QBTS and what it could mean for investors. The company’s ownership structure provides valuable insight into both confidence and caution surrounding this quantum stock ahead of earnings.
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Forget margin or options. Here's how the pros trade QBTSFor context, D-Wave Quantum is a quantum computing company focused on building systems that use quantum mechanics to solve complex computational problems much faster than traditional computers in specific areas.
Who Owns D-Wave Quantum Stock?
According to TipRanks’ Ownership Tool, public companies and individual investors own 65.34% of D-Wave Quantum. They are followed by ETFs, mutual funds, other institutional investors, and insiders at 16.98%, 13.73%, 2.22%, and 1.73%, respectively.
A significant share of QBTS stock is held by public and institutional investors, reflecting broad market interest and confidence in the company. However, this can make the stock more sensitive to market sentiment, news, and short-term price swings. Meanwhile, insider ownership at 1.73% is relatively low, which may suggest management has limited direct ownership.
Breaking Down QBTS’ Ownership Structure
Looking closely at the top shareholders, Vanguard owns the highest stake in QBTS at 9.65%. Vanguard Index Funds is the second-largest holder, with a 7.02% stake.
On the ETF side, the Vanguard Total Stock Market ETF (VTI) owns approximately 3.02% of QBTS, while the iShares Russell 2000 ETF (IWM) holds around 2.35%. These are followed by Vanguard Small-Cap ETF (VB) at 2.19%.
Moving to mutual funds, Vanguard Index Funds hold about 7.02% of D-Wave Quantum. Meanwhile, Vanguard World Fund owns 1.47% of the company.
What to Expect from D-Wave Quantum’s Q1 Results
Wall Street expects QBTS to report a loss of $0.08 per share for Q1, wider than the $0.02 loss recorded in the same period last year. However, revenue is projected to rise to about $4.2 million, showing 50% growth over the previous quarter.
Is QBTS Stock a Good Buy Now?
On the Street, QBTS has a Strong Buy consensus, based on 12 Buys and one Hold assigned in the last three months. The average QBTS stock price target is $36.91, implying a 68.61% upside from the current price.
