D-Wave Quantum Inc (QBTS) is a good buy for a beginner investor with a long-term focus and $50,000-$100,000 available for investment. The company's strong growth in revenue, improving financial metrics, positive sentiment around quantum computing advancements, and analyst optimism for significant upside make it a compelling investment opportunity, despite short-term insider selling and overbought technical indicators.
The MACD histogram is positive and expanding, indicating bullish momentum. RSI at 87.375 signals an overbought condition, suggesting potential short-term pullback. Moving averages are converging, showing no clear trend. Key resistance is at $22.968, with support at $17.121.

Renewed interest in quantum computing due to Nvidia's AI model launch, strong growth in revenue (99.95% YoY), and advancements in quantum technology highlighted by the CEO. Analysts maintain optimistic ratings with significant upside potential.
Insider selling has increased significantly (1830.95% in the last month), and the stock is currently overbought based on RSI. Price target reductions reflect concerns about competition and increased operating expenses.
In Q3 2025, revenue increased by 99.95% YoY to $3,739,000. Net income improved significantly, up 516.35% YoY, though still negative at -$139,986,000. EPS improved to -0.41, up 272.73% YoY. Gross margin increased to 71.38%, up 27.97% YoY, indicating improving operational efficiency.
Analysts maintain positive ratings with significant upside potential. Mizuho, Roth Capital, and Evercore ISI lowered price targets but still see over 100% upside. Analysts are optimistic about the company's leadership in quantum computing and its expanding market opportunities.