Key Takeaways As quantum computing evolves from theory to commercialization, two distinct visions are emerging. Rigetti Computing (RGTI) and D-Wave Quantum Inc. (QBTS) represent divergent paths toward unlocking quantum advantage. Rigetti focuses on gate-based quantum systems, emphasizing modular superconducting qubit architectures for universal quantum computing. In contrast, D-Wave pioneers quantum annealing, a near-term, optimization-first approach that is already being used in real-world applications. Bo ...

Core Insights - Rigetti Computing's stock has seen a significant decline, trading 48% below its peak in January 2025 after a surge at the end of 2024 [1] - The company operates in the quantum computing sector, utilizing superconducting materials and a hybrid approach to integrate quantum and digital computing [3][4] - Despite a promising breakthrough in quantum error correction, the stock's gains were not sustainable, with Wall Street adopting a cautious stance [5][7] Company Overview - Founded in 2013, Rigetti Computing began offering quantum computing services in 2017, relying on costly superconducting materials [3] - The company aims to provide integrated solutions that combine quantum chips and traditional software for specific workloads [4] Financial Performance - Rigetti reported $10.8 million in revenue for 2024, a decrease from $12 million in 2023, while net losses increased from $75 million to $201 million [10] - The company incurred significant expenses, including $50 million on R&D and $24 million on SG&A, against its limited sales [10] Competitive Landscape - Rigetti faces competition from major players like Google, IBM, and Nvidia, which are also developing quantum computing technologies [11] - The recent advancements in quantum error correction were achieved by Google Quantum AI, highlighting the competitive pressure on Rigetti [11] Stock and Investment Dynamics - The company has raised capital through stock sales, leading to a 61.7% increase in share count over the past year, resulting in dilution for existing investors [12] - Despite a 52-week return of over 1,100%, the stock has experienced significant volatility, with a 76% drop in value at one point [14][17]

Key Takeaways RGTI's Fab 1 now supports the full chip lifecycle, from design to packaging and testing. A late 2022 expansion nearly doubled RGTI's Fab 1 capacity with added testing space. Vertical integration allows RGTI to reduce iteration cycles and tailor systems for sensitive use cases.Rigetti Computing (RGTI) is sharpening its competitive focus through deep vertical integration. The company’s Fab-1 facility in Fremont now supports the full quantum chip lifecycle, from design and fabrication to cryo-m ...

Rigetti Computing (RGTI 0.72%) is one of the more popular quantum computing start-up stocks on the market. It currently trades for around $11 per share, so if it reached $20, the stock would nearly double.While that may sound like a tall task, Rigetti Computing actually hit $20 during the first few days of the year before selling off. So, can the stock return to its all-time high before the end of 2025? Rigetti Computing is still solving the quantum computing accuracy problemRigetti Computing is a quantum c ...

Similar to artificial intelligence (AI), quantum computing is seen as a big technological disruption in the making that will revolutionize society. Quantum computers will ideally be able to solve complex problems that have stumped classical computers and do so in a much more efficient manner than humans have to this point.If you were one of the lucky few investors who managed to recognize this a year ago and purchased quantum computing stocks, then your portfolio has likely generated tremendous alpha. Inves ...

Most investors think quantum computing is science fiction. They're wrong -- it's a scientific fact, with quantum stock gains from the leading pure-play developers ranging from 504% to 1,220% over the past 12 months: Yes, this market is nascent. Yes, the technology faces massive hurdles. But that's exactly why the opportunity is so compelling for investors willing to think in decades, not quarters. Yet the quantum computing market remains largely uncharted territory -- a vast expanse where no single technolo ...

Most investors are now aware of the remarkable rallies that have been locked inside the technology sector of the United States. However, those extraordinary overnight gains have mainly been confined to the artificial intelligence level, with a few exceptions in the semiconductor and chipmaking industries. In today’s market, investors need to start figuring out where the next wave of innovation and excitement might come from. There are arguably three areas of innovation in the global economy, and artificial ...

Core Insights - Quantum computing is at a pivotal moment, with NVIDIA's CEO stating it is reaching an "inflection point" and IBM targeting a large-scale quantum computer by 2029 [1][2] Company Summaries IonQ - IonQ achieved a significant milestone with a $22 million sale of 50% compute capacity from its Forte Enterprise system to EPB Chattanooga, marking the first commercial deployment combining quantum networking and computing [6] - The company is pursuing strategic acquisitions, including a $1.1 billion acquisition of Oxford Ionics, and plans to acquire Lightsynq and Capella to enhance its technological capabilities [6][7] - IonQ's stock is currently trading 27.6% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings indicating a 69.9% improvement over 2024 [8] D-Wave Quantum - D-Wave Quantum reported a 509% year-over-year revenue increase in Q1 2025, primarily due to a system sale to the Julich Supercomputing Center, with an adjusted gross margin of 93.6% [11] - The company claimed quantum supremacy by simulating a problem that would take classical supercomputers millions of years to solve, showcasing its new Advantage2 system with over 4,400 qubits [12] - D-Wave's stock is trading 20.5% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings suggesting a 72% year-over-year improvement [13] Rigetti Computing - Rigetti is focusing on its gate-based superconducting quantum architecture, with key projects including participation in DARPA's Quantum Benchmarking Initiative and a $5.48 million project for chip fabrication technology [15] - The company experienced a revenue decline to $1.5 million in Q1 2025 from $3.1 million in the previous year, with a gross margin decrease to 30% [16][17] - Rigetti's stock is currently trading 47% below its 52-week high, with a Zacks Consensus Estimate for 2025 earnings indicating an 86.1% year-over-year improvement [17] Final Thoughts - IonQ and D-Wave Quantum are positioned as stronger investment options due to their significant technical and financial achievements, while Rigetti faces challenges with revenue declines and margin compression [19]

Key Takeaways Rigetti launched its 84-qubit Ankaa-2 system and expanded access via AWS Braket in August 2024. RGTI's Ankaa-2 offers 2.5x better performance and 98% two-qubit fidelity, boosting its commercial viability. RGTI aims to monetize quantum use via the cloud, reaching users without full system deployment.Rigetti Computing (RGTI) is sharpening its focus on commercial viability through a service-based approach, offering quantum access via cloud platforms. The company made a significant leap with the ...

Key Takeaways Rigetti posted Q1 revenue of $1.5M, missing estimates and trailing peers like IonQ and D-Wave. RGTI still relies on short-term government contracts, limiting revenue visibility and investor confidence. Despite tech gains with Ankaa-3, Rigetti projects a 3-5 year wait for real commercial traction.Rigetti Computing (RGTI) posted an impressive year-to-date gain, but a closer look at recent developments reveals growing competitive pressure. Recently, industry players like IonQ (IONQ) and D-Wave ...