Rigetti Computing (RGTI) Surges 30.2%: Is This an Indication of Further Gains?

Group 1: Rigetti Computing - Rigetti Computing, Inc. (RGTI) shares increased by 30.2% to $16.56 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 10.8% over the past four weeks, driven by advancements in quantum computing, including 99.5% two-qubit gate fidelity and scaling to over 100 qubits, positioning the company for significant growth [1] - The consensus EPS estimate for the upcoming quarter remains unchanged, with expectations of a quarterly loss of $0.06 per share, reflecting a year-over-year change of +14.3% [2][3] Group 2: Industry Context - Rigetti Computing belongs to the Zacks Internet - Software industry, which includes other companies like BigCommerce (BIGC) [3] - BigCommerce's consensus EPS estimate has decreased by 10% over the past month to $0.03, representing a 40% decline from the previous year [4] - Both Rigetti Computing and BigCommerce currently hold a Zacks Rank of 3 (Hold) [3][4]