Down 72%, Should You Buy the Dip on Rigetti Computing?

Group 1 - Quantum computing is anticipated to be a transformative technology, but widespread adoption may still be a decade away [1] - Rigetti Computing (NASDAQ: RGTI) is a leading stock in the quantum computing sector, experiencing significant volatility with a peak increase of 270% in 2025 before falling to around $15 per share [3][5] - The company generated $1.9 million in revenue in Q3, down from $2.4 million year-over-year, and reported a net loss of $201 million, indicating the early-stage nature of the quantum computing industry [6] Group 2 - Rigetti's stock surge was driven by improvements in error rates, major partnerships, and speculative interest in quantum computing [5] - The CEO indicated that achieving "quantum advantage" will take about four years, with broader commercial viability expected post-2030 [7] - The ongoing sell-off in Rigetti's stock is attributed to profit-taking and the stock being overvalued due to its previous price surge without corresponding sales or earnings [8]