3 Millionaire-Maker Technology Stocks Worth Considering
Investors seeking substantial long-term gains often need to embrace higher-risk opportunities. For those willing to take bold swings, certain technology stocks hold the potential to deliver extraordinary returns by becoming leaders in their innovative fields. Here, we examine three such companies that could be "millionaire makers" in the years ahead, according to analysis from The Motley Fool.
1. D-Wave Quantum (NYSE: QBTS)
Quantum computing is widely regarded as the next frontier of technological advancement, with the prospect of revolutionizing industries much like artificial intelligence has done. D-Wave Quantum stands out in this domain with a unique dual approach to quantum technology.
The company is best known for its quantum annealing technology, which is optimized for solving very specific problems by quickly calculating various scenarios to find the best solution. This specialized technique is somewhat analogous to the difference between application-specific integrated circuits (ASICs) and more versatile graphics processing units (GPUs) in AI computing. D-Wave’s annealing method has enabled it to produce commercial-grade quantum devices with a customer base exceeding 100 paying clients.
Simultaneously, D-Wave is advancing a more generalized gate-based quantum computing architecture, leveraging fluxonium qubits – a type comparable to those used in annealing but applicable to a wider array of computational tasks. With over $830 million in cash reserves, the company is well-positioned to pursue both avenues aggressively. Recently, it announced a key breakthrough with scalable on-chip cryogenic control of qubits for its gate-based systems, aiming to make quantum computing mainstream.
- Market Cap: $10 billion
- Stock Price: Approx. $28.82
- Gross Margin: 82.82%
Investors who believe in the transformative power of quantum computing might see D-Wave as a compelling speculative play with multiple growth engines at work.
2. UiPath (NYSE: PATH)
As artificial intelligence progresses, the emergence of agentic AI—AI that autonomously completes tasks instead of merely answering questions—is poised to redefine automation. UiPath is uniquely positioned to capitalize on this trend with its Maestro platform, which not only enables clients to develop AI agents but also manages third-party agents efficiently.
UiPath’s foundation in robotic process automation (RPA) provides important compliance, governance, and integration advantages, particularly with legacy systems. The company is capable of assigning tasks to AI agents as well as traditional software bots, the latter excelling in repetitive, rule-based work like data entry at lower cost.
Despite recent price drops, UiPath’s stock remains a bargain in some eyes, trading at a forward price-to-sales ratio of about 5.5 times projected 2026 revenue. Should UiPath establish itself as a leader in AI agent orchestration and maintain accelerating revenue growth, it could offer significant upside potential.
- Market Cap: $9.2 billion
- Stock Price: Approx. $15.97
- Gross Margin: 83.16%
This blend of automation expertise and AI innovation makes UiPath a standout candidate for investors focused on future tech dominators.
3. SoundHound AI (NASDAQ: SOUN)
The field of AI agents is crowded, but SoundHound AI is carving out a niche through voice-first technology. The company’s proprietary “speech-to-meaning” and “deep meaning understanding” capabilities enable voice assistants to interact more naturally and accurately grasp user intent, vital for sectors relying heavily on customer interaction, such as financial services and healthcare.
SoundHound enhanced its AI offerings by acquiring Amelia, an AI software provider with a strong client base in regulated industries. This merger allowed SoundHound to integrate voice technology with Amelia’s virtual agents, creating a comprehensive voice-first AI agent platform. A subsequent acquisition of Interactions bolstered the company’s workflow automation prowess, rounding out its end-to-end AI customer service solutions.
Though still early in its agentic AI journey, SoundHound’s revenue growth is strong, and if the company succeeds in establishing itself as a leader in voice-first AI platforms, it could enjoy tremendous long-term stock appreciation.
- Market Cap: $4.9 billion
- Stock Price: Approx. $11.08
- Gross Margin: 30.02%
SoundHound’s specialized focus on voice and intent understanding may help distinguish it in a competitive AI landscape.
Conclusion
For investors with a tolerance for risk and a belief in breakthrough technology, these three companies—D-Wave Quantum, UiPath, and SoundHound AI—offer intriguing opportunities as potential millionaire-makers. Each is advancing cutting-edge technologies in quantum computing and artificial intelligence that could reshape industries and generate substantial shareholder value over time.
As always, prospective investors should conduct their own thorough research and consider their risk appetite before investing in these high-reward but high-volatility stocks.
Disclosure: Geoffrey Seiler, the author of the original analysis, holds positions in UiPath. The Motley Fool recommends and holds positions in SoundHound AI and UiPath.
