Rigetti(RGTI)
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Quantum Computing Stocks Surge as Trump Seeks Stake in Exchange for Federal Funding
International Business Times· 2025-10-24 21:00
Group 1 - Quantum computing stocks experienced significant gains following reports that the US government plans to acquire equity stakes in these companies and provide federal funding for their growth and innovation [1][2] - Companies such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing saw notable increases in their share prices due to these developments [2] - The US Commerce Department is expected to invest a minimum of $10 million (£7.5 million) in these companies as part of a broader strategy to support national security [3] Group 2 - Despite initial gains, quantum computing stocks retraced some of their increases after the Commerce Department clarified that it is not currently negotiating equity stakes with these companies [4] - Rigetti Computing has been actively engaging with the US government regarding funding opportunities, reflecting ongoing interest in quantum computing from the Trump administration [5] - The Trump administration previously committed $1.2 billion (£900 million) for quantum research and an additional $2.7 billion (£2 billion) for developing practical quantum computing applications [5] Group 3 - In September, Rigetti Computing secured a $5.8 million (£4.3 million) contract with the US Air Force, while IonQ announced a partnership with the Department of Energy [6] - JPMorgan's announcement of a $1.5 trillion (£1.1 trillion) initiative to invest in industries critical to national security, including quantum computing, has contributed to the upward trend in quantum computing shares [6] - The US government has previously acquired stakes in companies like Intel, MP Materials, and Lithium Americas, indicating a strategic approach to investing in key industries [8]
The Time’s “Come And Gone” For Rigetti (RGTI), Says Jim Cramer
Yahoo Finance· 2025-10-24 19:41
Group 1 - Jim Cramer discussed Rigetti Computing, Inc. (NASDAQ:RGTI) as part of a broader conversation on quantum computing, highlighting its competition with major tech firms like Google and IBM [2][3] - Cramer expressed a preference for investing in IBM and Google over Rigetti, indicating a lack of confidence in Rigetti's stock due to insider selling [2][3] - Cramer noted that the time for Rigetti as a strong investment has passed, suggesting that investors should take profits now [3] Group 2 - The article acknowledges the potential of Rigetti as an investment but suggests that other AI stocks may offer better returns with lower risk [3]
Why Did Rigetti Computing Stock Fall 13.9% This Week?
The Motley Fool· 2025-10-24 19:15
Core Viewpoint - Rigetti Computing's stock has experienced significant volatility, with a notable decline of 13.6% this week despite gains in broader market indices like the S&P 500 and Nasdaq-100 [1][2]. Stock Performance - Rigetti's stock fluctuated dramatically, initially surging after JPMorgan's announcement of investment intentions in the quantum industry, but later plummeting due to rumors regarding the CEO's equity sales [2][4]. - The CEO, Subodh K. Kulkarni, sold a substantial portion of his stake but retains approximately 0.8% in stock options, which contributed to the stock's decline [4]. - Following a report about potential equity positions from the U.S. Department of Commerce, Rigetti shares rose again, but the unverifiable nature of the report led to a subsequent retreat in stock price [4]. Market Data - Current stock price of Rigetti is $38.82, with a market capitalization of $13 billion [5]. - The stock's trading range for the day was between $38.81 and $43.46, while the 52-week range has been from $1.06 to $58.15 [5]. - The trading volume for Rigetti was 2.8 million, with an average volume of 75 million [5]. Valuation Concerns - The quantum computing sector, particularly pure-play stocks like Rigetti, has seen inflated valuations driven by hype, leading to skepticism about the sustainability of these prices [6]. - The company is advised to be avoided until valuations align more closely with realistic expectations [6].
Why Did Rigetti Computing Stock Fall 13.9% This Week ?
Yahoo Finance· 2025-10-24 19:15
Group 1 - Rigetti Computing's shares fell 13.6% this week, contrasting with gains in the S&P 500 and Nasdaq-100, which rose 2.1% and 2.3% respectively [1] - The stock experienced volatility, initially surging after JPMorgan's announcement of investment intentions in the quantum industry, but then declining due to rumors about the CEO's equity sale [1][2] - CEO Subodh K. Kulkarni sold a significant portion of his stake but retains approximately 0.8% in stock options, which contributed to the stock's decline [2][6] Group 2 - Rigetti's stock is perceived as inflated, with concerns that investors are overly optimistic about the quantum computing sector, suggesting a potential correction in valuations [3] - The Motley Fool Stock Advisor analyst team has identified ten stocks they believe are better investment opportunities than Rigetti Computing [4][6] - Historical examples of successful stock recommendations from the Motley Fool highlight the potential for significant returns, contrasting with Rigetti's current standing [5]
Rigetti: Washington May Take A Quantum Stake In The Future
Seeking Alpha· 2025-10-24 18:01
Group 1 - Rigetti (NASDAQ: RGTI) stock has increased by 250% since the last analysis which issued a Buy rating [1] - There are reports that Washington may be in discussions to acquire stakes in quantum technology [1]
Quantum Computing Stocks Are on Fire: 3 to Watch Right Now
MarketBeat· 2025-10-24 13:26
Industry Overview - Quantum computing stocks have seen significant price increases, with some companies doubling or tripling in value due to speculative momentum and investor enthusiasm [1][2] - The excitement is driven by the potential of quantum technology to transform sectors like drug discovery, cryptography, and artificial intelligence, despite most companies being pre-revenue [1] Rigetti Computing - Rigetti Computing has experienced a remarkable stock surge, up approximately 183% year-to-date and over 4,500% in the past 12 months, despite a recent 25% pullback from its 52-week high [4][5] - In Q2 2025, Rigetti reported revenues of $1.8 million, a decline of 41.9% year-over-year, with net losses of $39.7 million and an EPS of -5 cents [5] - The company's current valuation is nearly $14 billion, trading at over 1,700 times sales, indicating a highly speculative investment [6] BTQ Technologies - BTQ Technologies has rapidly gained attention since its Nasdaq debut in late September 2025, focusing on post-quantum cryptography [8][9] - The stock has surged 281% year-to-date and 122% in the past month, driven by retail speculation and interest in quantum-proof cybersecurity [9][10] - For Q2, BTQ reported sales of approximately $47,000, down from $65,000 a year ago, with a net loss of roughly $1.4 million [10] Churchill Capital Corp X - Churchill Capital Corp X is positioned as a credible entry point into quantum computing following its merger announcement with Infleqtion, valued at $1.8 billion [11][12] - Infleqtion generated nearly $29 million in trailing 12-month revenue, growing at an impressive 80% CAGR, providing a tangible revenue base for the future merged entity [14] - Citron Research has rated Infleqtion as "far superior to Rigetti," with a fair value estimate of $55 per share, indicating a favorable risk-reward profile for investors [15]
Rigetti Computing: RGTI Stock To $80?
Forbes· 2025-10-24 12:50
Core Viewpoint - Rigetti Computing's stock is experiencing an upward trend due to potential U.S. government investments in quantum computing firms, which serves as a significant near-term driver for the stock [2][10] Group 1: Government Investment Impact - Government investment improves access to capital, allowing Rigetti to secure future funding at favorable valuations, thus extending its operational runway and reducing shareholder dilution [4] - Government involvement validates Rigetti's technology, distinguishing it from speculative firms and mitigating existential risks for institutional investors [5] - Government endorsement unlocks institutional capital, attracting large investments from pension and hedge funds, which generates sustained momentum for the stock [5] - Federal contracts related to national security initiatives provide reliable revenue streams for Rigetti, enhancing its financial stability [5] Group 2: Competitive Positioning - Government endorsement strengthens Rigetti's competitive position in the quantum computing landscape, indicating its technology is strategically vital and attracting commercial clients [6] - The historical precedent shows that confirmed government funding often leads to significant stock appreciation, reinforcing the positive outlook for Rigetti's stock [7][10] Group 3: Future Growth Potential - The confirmation of government funding could lead to a high likelihood of 2x growth for Rigetti's stock, potentially pushing its price beyond the $80 threshold [10] - The convergence of technical readiness and governmental interest suggests that the market is beginning to take quantum computing seriously, enhancing Rigetti's growth prospects [10]
Rigetti Computing (RGTI) Soars 9.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-10-24 12:31
Company Overview - Rigetti Computing, Inc. (RGTI) shares increased by 9.8% to $39.6 in the last trading session, with a notable trading volume, and have gained 14% over the past four weeks [1][2] Investor Sentiment - The rise in RGTI shares is linked to renewed investor optimism in quantum computing, particularly due to potential U.S. government equity stakes in leading quantum firms, which may enhance national competitiveness [2] - This potential policy indicates growing institutional support for the quantum computing sector and strengthens Rigetti's position as a publicly traded pure-play quantum computing company [2] Financial Expectations - Rigetti is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of +37.5%, with revenues anticipated at $2.39 million, a slight increase of 0.4% from the previous year [3] - The consensus EPS estimate for Rigetti has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Rigetti Computing is categorized under the Zacks Internet - Software industry, which includes other companies like Phunware (PHUN), that experienced a 3.8% increase in the last trading session [5] - Phunware's consensus EPS estimate has changed by +2.1% over the past month, indicating a +44% change from the previous year [6]
Jim Cramer on Rigetti: “Giant Insider Selling Does Not Work for Me”
Yahoo Finance· 2025-10-24 12:12
Rigetti Computing, Inc. (NASDAQ:RGTI) is one of the stocks Jim Cramer recently answered questions about. When Cramer was asked about the company during the lightning round, he said: “You mean the one that just had a giant seller, a giant insider selling, a director. No, I don’t want to be there. Giant insider selling does not work for me.” Rigetti Computing, Inc. (NASDAQ:RGTI) develops and operates superconducting quantum computers and provides access to its systems through cloud-based quantum computin ...
3 ETFs to Buy to Profit if the Quantum Computing Stocks Bubble Bursts
Yahoo Finance· 2025-10-24 12:00
Group 1 - Inverse or "bear" single-stock exchange-traded funds (ETFs) are gaining popularity, with an increase in new product launches, presenting opportunities for investors and traders who understand them [1][2] - Approximately 30 ETFs are designed to profit when specific stocks decline, but they are structured to work off a single day's performance, which can complicate long-term holding [3] - The investment math indicates that if a stock loses 10%, it requires an 11% gain to break even, highlighting the risks of holding inverse ETFs during stock price increases [3] Group 2 - MicroStrategy, now known as Strategy (MSTR), is identified as a stock that may be suitable for bearish bets due to its ties to the crypto business and a potential unwinding [5] - Rigetti Computing (RGTI) is noted for its high valuation despite not generating profits, drawing comparisons to the dot-com bubble, and is considered a candidate for bearish investment strategies [6]