Rigetti Rides Quantum Momentum: Will Strategic Deals Boost Growth?

Core Insights - Rigetti Computing (RGTI) has entered a strategic collaboration with Quanta Computer, involving a $35 million equity investment and a commitment of over $100 million each over five years for joint development in quantum computing technologies [1][6] Group 1: Partnership Details - The partnership aims to accelerate the commercialization of superconducting quantum processors, focusing on scalable and fault-tolerant systems for academic, enterprise, and government sectors [1][2] - Rigetti will leverage Quanta's manufacturing scale and operational infrastructure to transition from research-stage prototypes to commercially viable quantum computing systems [2][6] Group 2: Market Position and Performance - Rigetti's shares have decreased by 22.6% year-to-date, contrasting with the industry's growth of 10.5% [5] - The company has a price-to-book ratio of 16.38, which is above the industry average, and carries a Value Score of F [7] Group 3: Earnings Estimates - The Zacks Consensus Estimate for Rigetti's 2025 earnings indicates a significant 86.1% rise compared to the previous year [8] - Current estimates for the upcoming quarters show a projected EPS of -0.06 for the current quarter and -0.05 for the current year, with a year-over-year growth estimate of 86.11% [9]