10 Tech Stocks to Sell According to Billionaires

7. D-Wave Quantum Inc. (NYSE:QBTS)

QoQ Decline in Billionaire Holdings: 58.48%

D-Wave Quantum Inc. (NYSE:QBTS) is among the tech stocks to sell according to billionaires, with billionaire holdings falling from approximately $95.53 million in Q4 2025 to $39.67 million in Q1 2026, a decline of about $55.86 million.

Yet even as billionaires trimmed their stakes through the first quarter, Wall Street firms have been moving in the opposite direction, raising price targets and reiterating bullish ratings following D-Wave Quantum Inc. (NYSE:QBTS)’s first-ever analyst day.

On June 15, 2026, Mizuho analyst Vijay Rakesh raised his price target on D-Wave Quantum Inc. (NYSE:QBTS) to $35 from $29 while maintaining an “Outperform” rating, citing the analyst day presentation. Rakesh told investors that D-Wave extended its gate-based roadmap, targeting 10 logical qubits by 2030 and scaling to 100 by 2032, with prior targets still on track.

Mizuho said D-Wave Quantum Inc. (NYSE:QBTS) continues to lead in annealing quantum computing.

That update followed a June 2, 2026, note from Rosenblatt, which maintained its “Buy” rating and $43.00 price target after D-Wave Quantum Inc. (NYSE:QBTS)’s inaugural analyst day at the New York Stock Exchange. Management demonstrated both its quantum annealing and gate-based systems and detailed its product roadmap and financial targets, the firm added. Rosenblatt pointed to D-Wave’s ability to generate revenue from its annealing technology while developing what the firm called a competitive gate-based offering, noting the company operates both technologies.

The firm also cited the U.S. government’s recent $100 million investment in D-Wave Quantum Inc. (NYSE:QBTS) as validation of both quantum approaches. The stock is down nearly 9% year-to-date.

D-Wave Quantum Inc. (NYSE:QBTS) is engaged in developing and selling quantum computing systems, software, and services. It has an extensive product portfolio, which includes Advantage, Advantage 2, an open-source tool suite, and more. It also supplies a combination of quantum and classical computation resources.