D-Wave Quantum Inc. (QBTS) is not a strong buy for a beginner, long-term investor at this moment. While the company shows strong revenue growth and promising developments in quantum computing, the technical indicators are bearish, insider selling is significantly high, and there are no strong proprietary trading signals. The stock is better suited for monitoring rather than immediate investment.
The technical indicators are bearish. The MACD is negatively expanding, RSI is neutral at 20.154, and moving averages show a bearish trend (SMA_200 > SMA_20 > SMA_5). The stock is trading below key support levels, with the pre-market price at $14.5, below S1 ($14.975).

Revenue increased 179% YoY in Q4 2025, indicating strong market demand.
Quantum computing is gaining traction as a promising investment sector.
Analysts maintain an Outperform or Buy rating, with price targets ranging from $30 to $43.
Insiders are selling heavily, with a 1830.95% increase in selling activity over the last month.
The MACD and moving averages indicate a bearish trend.
The pre-market price is down 1.02%, and broader market sentiment (SP500 down 0.38%) is weak.
In Q4 2025, revenue increased 179% YoY to $25 million. In Q3 2025, revenue increased 99.95% YoY to $3.739 million, net income improved by 516.35% YoY to -$139.986 million, and gross margin expanded to 71.38%, up 27.97% YoY. However, the company remains unprofitable with negative EPS (-0.41).
Analysts are optimistic, maintaining Buy or Outperform ratings. Price targets have been slightly lowered recently, ranging from $30 to $43. Analysts are encouraged by the company's leadership in quantum annealing and its strategic acquisitions, which strengthen its long-term position.