The Novera QPU will be at the core of the University of Saskatchewan’s first quantum computing systemBERKELEY, Calif., March 31, 2026 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has sold a 9-qubit Novera™ QPU to the University of Saskatchewan (“USask”). The Novera QPU, which was shipped in March, will be at the core of USask’s first quantum computing system. The system will be managed by ...

Rigetti Computing Inc. (NASDAQ:RGTI) is one of the 7 Best Quantum Computing Stocks to Invest In According to Analysts. On March 25, Rigetti Computing Inc. (NASDAQ:RGTI) announced that it plans to invest up to  $100M in the UK. The move is aimed at speeding up quantum computing development and marks its first major investment outside the United States. As part of the plan, the company expects to deploy a quantum computer with more than 1,000 qubits within the next 3-4 years. Rigetti Computing Inc. (NASDAQ: ...

Group 1 - Rigetti Computing Inc. (NASDAQ:RGTI) is considered a stock with potential to increase tenfold over the next decade, with a recent Buy rating and a $40 price target from Rosenblatt following its fourth-quarter fiscal 2025 results [1] - The company's earnings per share (EPS) for the quarter was -$0.03, aligning with analyst expectations, but revenue was reported at $1.9 million, significantly below the anticipated $2.32 million [1] - Rigetti has resolved a fidelity issue with its Cepheus-1-108Q machine and plans to achieve a performance of 99.5% by the end of March, showcasing the benefits of having its own fabrication facility [2] Group 2 - Needham has also maintained a Buy rating on Rigetti while reducing its stock price target from $51 to $31 due to sector compression, but has increased the fiscal 2026 revenue estimate from $18.5 million to $21.0 million, driven by rising system sales [3] - Rigetti Computing specializes in quantum computing and semiconductor hardware, designing and building superconducting quantum processors, and offers quantum-computing-as-a-service through its cloud-based platform to various partners [4]

Group 1: Industry Overview - Quantum computing is approaching reality, with current contracts and relationships shaping future industry growth [1] - Investors are encouraged to take positions now to capture early gains before the market matures [1] Group 2: Company Comparisons - Rigetti Computing and D-Wave Quantum are two prominent players in the quantum computing market, each employing different technologies [2][5] - Rigetti uses superconducting technology, cooling particles to near absolute zero to harness quantum motion for computing [6] - D-Wave employs quantum annealing, which specializes in finding optimal solutions but is less adaptable for general-purpose computing [7] Group 3: Market Opportunities - Rigetti's approach offers a greater potential market opportunity compared to D-Wave due to its adaptability for various computing situations [8] - Both companies currently generate revenue from research contracts and early-stage system sales, but these are not sustainable long-term funding sources [8] - The market remains optimistic about quantum computing's future, indicating a willingness to fund these companies despite the technology being years away from mainstream adoption [8]

It's time to spotlight Horizon Quantum Computing. The company started trading on Friday. Joining us now, Dr.. Joe Fitz Simons, the founder and CEO over at Horizon Quantum Computing. Joe, thanks so much for taking the time to be with us and congratulations on your listing. Now, this makes you the first pure play quantum software company.Is this a pivotal moment for the industry. >> Uh, thanks very much for having me. Um it's a really interesting point uh in the industry.So at least for me I think quantum com ...

Key Takeaways Rigetti focuses on gate-based systems, targeting 1,000 qubits by 2027 with strong cash reserves.QBTS drives commercial traction now, with $24.6M revenues and major bookings boosting growth momentum.RGTI offers steadier long-term potential, while QBTS brings near-term adoption but higher execution risk.Quantum computing is steadily moving out of the realm of theory and into tangible investment reality, emerging as one of the most compelling and unpredictable, frontiers in modern technology. Wha ...

Group 1: Market Trends and Investment Opportunities - Quantum computing has emerged as a significant technology attracting investor interest, alongside artificial intelligence, with stocks like IonQ, Rigetti Computing, and D-Wave Quantum experiencing substantial gains of 670% to 6,217% over the past year [1] - JPMorgan Chase's announcement of a $1.5 trillion, 10-year Security and Resiliency Initiative has contributed to optimism in the quantum computing sector, alongside early-stage collaborations with major companies like Amazon [2] - Analysts at Boston Consulting Group project that quantum computing could add between $450 billion and $850 billion in global economic value by 2040, highlighting its potential impact [3] Group 2: Insider Trading and Market Sentiment - Despite the positive outlook from management teams at IonQ, Rigetti, and D-Wave, Form 4 filings with the SEC reveal significant insider selling, totaling over $930 million since mid-March 2021 [4][7] - Insider selling is common for tax purposes, but the lack of insider buying raises concerns about the executives' confidence in their companies' stock prices [8][10] - Over the past five years, insider purchases have been minimal, with IonQ at $3.35 million, Rigetti at $625,000, and D-Wave at just over $309,000, suggesting a lack of belief in the stocks as bargains [10][11] Group 3: Financial Performance and Valuation Concerns - IonQ's current market cap stands at $11 billion, with a gross margin of -2267.11%, while Rigetti's market cap is $4.8 billion with a gross margin of -8613.15% [6][9] - The companies are expected to face challenges in becoming cost-effective compared to classical computers, leading to potential financial losses and high price-to-sales ratios [11]

Quantum computers use a concept called superposition to simulate multiple different solutions to a problem at once, so they can reach conclusions from enormous data sets much faster than classical computers. Therefore, they have the potential to transform industries like science and cryptography. Quantum computing stocks were red-hot in 2025, as investors piled into the sector believing this revolutionary technology was inching closer to commercialization. But even the best quantum systems are still makin ...

Core Insights - Rigetti Computing plans to invest up to $100 million in the UK to develop a quantum computing system with over 1,000 qubits within the next 3 to 4 years, marking its first major investment outside the US [1] - The UK government has announced a £2 billion investment program aimed at establishing the UK as a global leader in quantum computing [1][4] Investment and Development - The investment will accelerate quantum computing development in the UK, aligning with the UK's national quantum computing strategy [3] - Rigetti aims to achieve a quantum system capable of one trillion quantum operations (TeraQuOp) by 2035, establishing critical milestones for innovation [3] Collaboration and Ecosystem - Rigetti's presence in the UK has been characterized by successful collaborations across industry, government, and academia, highlighting the UK's commitment to advancing quantum technology [2] - The UK government's focus on end-user engagement and on-premises capabilities is seen as a significant factor in driving the quantum computing sector forward [2][5] Existing Infrastructure - Rigetti has a history of involvement in the UK, including the deployment of a 36-qubit quantum system at the National Quantum Computing Centre, which is part of a consortium focused on quantum error correction [5] - The company operates quantum computers through its Rigetti Quantum Cloud Services (QCS) platform, providing high-performance integration for various clients [8] Technological Advancements - Rigetti's quantum computers utilize superconducting qubits, which are recognized for their maturity and scalability, achieving gate speeds of 50-70 nanoseconds, significantly faster than other modalities [6] - The company has developed the industry's first multi-chip quantum processor and deployed the largest multi-chip quantum computer in 2025 [9]

Core Insights - Pure-play quantum computing stocks, specifically D-Wave Quantum (QBTS) and Rigetti Computing (RGTI), have experienced significant volatility in early 2026, with QBTS down approximately 37% and RGTI down about 30% year to date, primarily due to broader technology sell-offs and macroeconomic uncertainty [1][4] - Despite recent declines, both companies reported substantial technical and commercial advancements throughout 2025, with D-Wave achieving record revenue growth and Rigetti making progress in superconducting gate-based systems [2][3] Company Performance - Over the past 12 months, QBTS has increased by 92.6% and RGTI by 69.9%, outperforming the S&P 500's growth of 17.8%, indicating sustained investor interest in long-term quantum computing opportunities [3] - D-Wave's acquisition of Quantum Circuits positions it as a dual-platform quantum provider, combining annealing and gate-model systems, with plans for an initial gate-model system in 2026 [6][8] - Rigetti is focused on scaling its chiplet architecture, targeting a deployment of a 150+ qubit system in 2026 and a 1,000+ qubit system around 2027, which is seen as crucial for achieving practical quantum advantage [9] Long-Term Outlook - The long-term outlook for both companies remains positive as the quantum computing industry shifts towards early commercialization, with 2026 expected to be a pivotal year for execution [5] - Future competitiveness will likely hinge on scalability, error correction, and commercial adoption rather than short-term revenues, indicating both companies are long-duration technology plays with significant potential [11] Challenges and Risks - Both D-Wave and Rigetti face challenges in 2026, including the impact of the broader technology sell-off and tighter capital markets, which may hinder growth despite their technological advancements [12] - D-Wave's heavy investment in R&D and the integration of Quantum Circuits may increase operating expenses, while Rigetti contends with revenue variability from government contracts and the technical challenges of scaling qubit systems [13]