D-Wave Quantum (QBTS) Stock Transfers to Nasdaq as Q2 Earnings Approach August 6
TLDR
- D-Wave rang the Nasdaq Opening Bell on July 27, marking its transfer from the NYSE under the same QBTS ticker
- The stock closed at $16.21 on Friday, down 38% year-to-date
- The exchange move involved no new capital raise, financial results, or changes to share structure
- August 6 earnings report is the next major catalyst, with investors watching revenue and cash flow
- Analysts hold a Strong Buy consensus with an average price target of $38.27, implying ~135% upside
D-Wave Quantum (QBTS) officially began trading on Nasdaq on July 27, 2026, after completing its voluntary transfer from the New York Stock Exchange. CEO Dr. Alan Baratz and the management team rang the Opening Bell at the Nasdaq MarketSite in Times Square to mark the occasion.
The stock opened at $16.23 on Monday. QBTS closed at $16.21 on Friday, and is down 38% year-to-date. The 12-month range sits between $12.75 and $46.75.
To complete the transfer, D-Wave filed a Form 25 to withdraw from the NYSE and a Form 8-A to register on Nasdaq. Trading on the NYSE ended after the July 24 close, with Nasdaq trading kicking off July 27 under the existing ticker.
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