Dear Rigetti Stock Fans, Mark Your Calendars for November 10

Core Insights - Rigetti Computing's stock experienced significant volatility, nearly doubling in early October due to $5.7 million in sales for its quantum computing systems, but has since dropped from its peak [1][5] - Analysts have downgraded RGTI stock to "Neutral" while raising the target price from $35 to $42, indicating that much of the expected commercial success is already priced in [2][5] - The company is seen as a potential candidate for a U.S. government stake, which could enhance investor sentiment despite its strong cash position of over half a billion dollars [3] Stock Performance - RGTI stock has increased by 134% year-to-date in 2025, significantly outperforming the Nasdaq Composite's 21.2% returns [5] - The stock's market capitalization has risen to $11.4 billion, following a dramatic recovery from a low of $6 earlier in the year [5] - The stock reached an all-time high of $56.34 in mid-October but is currently trading at a 39% discount to that peak [5] Company Overview - Rigetti Computing operates in the computer hardware industry, focusing on processors and quantum computers, and is headquartered in Berkeley, California [4] - The stock is characterized as high-risk, high-reward, often confused with speculative stocks despite having relatively decent fundamentals compared to peers [4]