There's no denying that some quantum computing stocks have delivered amazing returns for investors during the past few years. And Rigetti Computing (NASDAQ: RGTI) is a standout even among some of the most impressive gains, with the stock rising more than 2,400% since January 2023. But as we all know, all that glitters is not gold. There are some very good reasons to avoid Rigetti right now, even as its stock price surges. Here are three of them. Where to invest $1,000 right now? Our analyst team just reve ...

The race to fulfill the potential of quantum computing will be a marathon, not a sprint.A potential game-changing technology stepped fully into the spotlight in 2025. The evidence is in the skyrocketing stock prices of pure-play companies focusing on this technology.I'm referring, of course, to quantum computing. Rigetti Computing (RGTI 1.34%) is an excellent example of a stock that took off amid investor excitement over the potential of quantum computing.However, 2026 could be the year of the quantum reali ...

Core Insights - The long-term potential for quantum computing is overshadowed by the more immediate opportunities presented by artificial intelligence (AI) [1] - Despite significant short-term gains in quantum computing stocks, the outlook for 2026 is tempered by several challenges [3] Group 1: Market Performance - In mid-October, trailing 12-month returns for quantum computing stocks such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. reached as high as 6,200% [2] - Investors are experiencing FOMO as Wall Street's major stock indexes hit new highs, leading to hopes for continued performance in quantum computing stocks [3] Group 2: Technological Challenges - Quantum computers are still years away from being able to solve practical problems cost-effectively compared to classical computers [4][8] - The technology is expected to mature over time, with analysts predicting a slow evolution rather than immediate breakthroughs [6][8] Group 3: Financial Viability - Pure-play quantum computing companies are currently relying on share-based dilution to raise capital, as traditional financial services are limited for early-stage companies [9][10] - In 2025, these companies collectively raised $4.15 billion through share offerings, which has implications for existing shareholders due to dilution [12][13] Group 4: Competitive Landscape - The barrier to entry in quantum computing is relatively low, which may threaten the first-mover advantage of companies like IonQ, Rigetti, and D-Wave [14][20] - Major tech companies, referred to as the "Magnificent Seven," are investing heavily in quantum computing, posing a competitive threat to smaller players [18][19]

Rigetti Computing (NASDAQ: RGTI), a developer of quantum computing chips and systems, has taken its investors on a wild ride since it went public through a merger with a special purpose acquisition company (SPAC) on March 2, 2022. Its stock opened at $9.75 on that first day, sank to a record low of $0.38 on May 3, 2023, but soared to a record high of $56.34 on Oct. 15, 2025. Today, Rigetti's stock trades at about $22. Like many other SPAC-backed quantum stocks, it was a polarizing investment. The bulls pr ...

Quantum computing is growing, but it's still a work in progress.Technology investors have won big in the past by spotting new technologies and getting in early on companies developing or benefiting from them. Think internet companies several years ago, or in more recent times, social media players and artificial intelligence (AI) stocks. And that's why the area of quantum computing has caught the attention of investors over the past couple of years.Quantum computing offers the possibility of solving problem ...

Core Insights - Rigetti Computing is strategically positioning itself by integrating its quantum hardware with AI supercomputing and public-sector research ecosystems, focusing on hybrid computing environments [2][3] - The company is collaborating with academic institutions and government entities to foster innovation and talent development, exemplified by its partnership with Michigan State University and a memorandum with India's C-DAC [3] - Rigetti aims to launch a 150+ qubit system by late 2026 with a fidelity of approximately 99.7%, followed by a 1,000+ qubit platform around 2027 with fidelity nearing 99.8% [4] - D-Wave Quantum is enhancing its market presence through application-led partnerships with various commercial and research customers, focusing on practical quantum applications [6] - IonQ is expanding its partnerships in national-level infrastructure and commercial applications, including a national quantum communications network in Slovakia and a collaboration with CCRM in regenerative medicine [7][8] Group 1: Rigetti Computing - Rigetti is integrating its quantum processors with NVIDIA's NVQLink platform for low-latency connections to AI supercomputers, which is seen as a practical approach to achieving quantum value [2] - The company's collaboration strategy is designed to validate and test its technology in real-world scenarios, increasing the likelihood of achieving scalable quantum platforms [5] Group 2: D-Wave Quantum - D-Wave is focusing on application-led partnerships, including collaborations with a major U.S. airline and BASF for manufacturing optimization, highlighting its commitment to practical quantum applications [6] Group 3: IonQ - IonQ is strengthening its position in the quantum landscape through partnerships that enhance cybersecurity and advance healthcare applications, such as its work with Slovakia and CCRM [7][8]

Key Takeaways RGTI is integrating its quantum systems into hybrid AI environments, including support for NVIDIA's NVQLink.RGTI expanded academic and government ties with MSU and India's C-DAC to boost R&D and talent.RGTI targets 150 qubits by late 2026 and 1,000 qubits by 2027.Rigetti Computing (RGTI) is steadily carving out a differentiated position by tying its quantum hardware more closely to AI supercomputing and public-sector research ecosystems. Rather than building in isolation, the company is pluggi ...

Key Points Quantum computing is a highly competitive space. Rigetti Computing wasn't selected for an important government contract. 10 stocks we like better than Rigetti Computing › It's a scary notion for a stock to go to $0. That means that a company has gone bankrupt, and investors may receive almost nothing after the liquidation of assets is complete. Several companies are far less likely to go bankrupt than others, because they are operating in businesses that have continuous product sales. ...

Group 1: Rigetti Computing - Rigetti Computing's current market capitalization is $7.7 billion, with a current stock price of $23.45, reflecting a daily change of -6.05% [2][5] - The company reported $5.2 million in revenue for the first three quarters of 2025, which is a 39% decrease compared to the same period in 2024 [3][4] - Rigetti announced two sales in October 2025 that are expected to generate $5.7 million in revenue, but this revenue will not be recognized until the first half of 2026 [4][5] - Analysts predict that Rigetti will miss revenue forecasts of $7.6 million for Q4 2025 and will likely not achieve a reduction in net losses as expected [5] Group 2: D-Wave Quantum - D-Wave Quantum has a market capitalization of $9.0 billion and a current stock price of $25.63, with a daily change of -6.56% [6][10] - The company reported less than $22 million in revenue through the first three quarters of 2025, despite a more than three-fold increase in sales compared to previous years [7][8] - Analysts estimate that D-Wave will end 2025 with total revenue below $26 million and no profit, raising concerns about its high market capitalization [9][10] - The stock is viewed as driven more by hype than by substantial earnings, with expectations of profitability not forecasted before 2030 [10]

Core Viewpoint - Rigetti Computing is experiencing significant challenges in the quantum computing sector, particularly regarding accuracy and technology advancement, despite a recent rise in stock price and some positive analyst ratings [1][8]. Company Performance - Rigetti's stock price has seen a notable increase of over 45% in 2025 and more than 10% in 2026, but current market sentiment suggests caution [1][2]. - The current stock price is $23.45, with a market capitalization of $7.7 billion [2]. Technology and Competitiveness - Rigetti's quantum computing systems are reported to be over 1,000 times faster than those of competitor IonQ, but the company struggles with accuracy, achieving a two-qubit gate fidelity of only 99.5%, compared to IonQ's 99.99% [2][4]. - The company has not advanced to Stage B of the Quantum Benchmarking Initiative by DARPA, indicating a setback in its technological standing [5]. Challenges in Quantum Computing - Quantum computing systems, including those from Rigetti, are highly error-prone due to the instability of qubits, which are susceptible to external factors like vibrations and temperature changes [3]. - Rigetti's delay in launching its new 108-qubit Cepheus-1-108Q system is aimed at improving its error rate, highlighting ongoing challenges in achieving reliable performance [5]. Analyst Sentiment - Some analysts have expressed optimism about Rigetti, with Rossenblatt Securities initiating coverage with a "buy" rating and B. Riley upgrading the stock following an $8.4 million order from India's Centre for Development of Advanced Computing [7]. - Despite these positive mentions, the overall assessment suggests that Rigetti remains significantly behind its competitors in the quantum computing race [8].