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Down 48 Should You Buy The Dip On Rigetti Computing G6

Bonisiwe Shabane
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down 48 should you buy the dip on rigetti computing g6

Quantum computing specialist Rigetti Computing (NASDAQ: RGTI) soared sky-high at the end of 2024, but gave back a lot of those gains in the first half of 2025. On June 25, the stock is trading 48% below January’s peak prices. Will Rigetti’s stock get a second wind someday soon, or could the price chart continue its retreat? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »

Rigetti is no spring chicken. The company was founded in 2013 and delivered its first quantum computing services in the cloud four years later. Its systems rely on superconducting materials cooled nearly to absolute zero. It’s a proven approach, but also a costly one with specialized materials managed by massive super-cooling machinery. Nobody expects quantum computers to take over every data-crunching task, even in the long run. Rigetti proposes a hybrid approach where digital computers continue to be the workhorses of everyday computing needs, but with the option to tap into quantum computers for certain workloads.

So the company develops solutions across this stack of technologies, from quantum chips and systems to the old-school software that assigns quantum jobs and reads the results. Rigetti’s management sees a huge long-term market in this integrated system philosophy. Last summer, management said that “practical quantum computing is poised to happen in the next few years and have significant commercial potential.” Rigetti Computing missed Q3 expectations. The company was not selected for an important U.S. government contract.

10 stocks we like better than Rigetti Computing › If you look at 2025 as a whole, Rigetti Computing (NASDAQ: RGTI) investors have had a great year, as the stock has essentially doubled. However, after setting an all-time high in early October, the stock now sits about 50% off that level. That's a huge crash in just a few weeks, but is this sell-off warranted, or is this a fantastic opportunity to buy a hot quantum computing stock on the dip? Let's take a look at Rigetti Computing's stock and see if there's a salvageable investment here. Rigetti Computing aims to be a leader in the promising quantum computing industry.

For the time being, this is a highly speculative, pre-revenue business. Even though it’s cheaper than it was a few months ago, this is a stock with a very binary outcome, so invest accordingly. Rigetti Computing (NASDAQ: RGTI) has been one of the best-performing and most volatile stocks in recent history. Over the past year, Rigetti shares have gained about 1,400% as quantum computing hype has accelerated. However, since peaking in January of this year, the stock price has been rather volatile, plunging by as much as 70% from the peak before rebounding. As of this writing, Rigetti is trading for about 30% below its all-time high.

With quantum computing still in the early stages and Rigetti trying to establish a leading position before the technology goes mainstream, is now a smart time for patient investors to take a closer look? Rigetti Computing (NASDAQ: RGTI) saw its stock plummet by 47% on January 8, following comments from Nvidia (NASDAQ: NVDA) CEO Jensen Huang at CES 2025. Huang’s remarks about quantum computing being “20 years away from becoming very useful” sent shockwaves through the sector, leading to sharp declines in stocks like Rigetti, D-Wave Quantum (QBTS), and IonQ (IONQ). Rigetti Computing, a quantum computing firm located in California, creates advanced quantum processors and provides services via its cloud platform, Forest. The Novera QPU, the company’s main product, is intended for premium uses such as scientific studies and climate simulation. As Rigetti forges partnerships, notably one with Nvidia, it continues to depend significantly on government funds and research and development investments.

As quarterly losses increase and commercial quantum computing remains unprofitable, the stock is likely to experience fluctuations. The dramatic sell-off has placed Rigetti in a critical technical position. Key levels to watch include: Although the significant downturn has increased Rigetti’s appeal to investors with a high-risk appetite, careful consideration is advised. Experts continue to classify the stock as a “Strong Buy,” yet its prospects depend on the effective advancement of quantum technologies and market successes. Quantum computing specialist Rigetti Computing (NASDAQ: RGTI) soared sky-high at the end of 2024, but gave back a lot of those gains in the first half of 2025.

On June 25, the stock is trading 48% below January's peak prices. Will Rigetti's stock get a second wind someday soon, or could the price chart continue its retreat? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Rigetti is no spring chicken.

The company was founded in 2013 and delivered its first quantum computing services in the cloud four years later. Its systems rely on superconducting materials cooled nearly to absolute zero. It's a proven approach, but also a costly one with specialized materials managed by massive super-cooling machinery. Nobody expects quantum computers to take over every data-crunching task, even in the long run. Rigetti proposes a hybrid approach where digital computers continue to be the workhorses of everyday computing needs, but with the option to tap into quantum computers for certain workloads. So the company develops solutions across this stack of technologies, from quantum chips and systems to the old-school software that assigns quantum jobs and reads the results.

Rigetti's management sees a huge long-term market in this integrated system philosophy. Last summer, management said that "practical quantum computing is poised to happen in the next few years and have significant commercial potential." Quantum computing stocks like Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ (IONQ) have been top performers to start 2025, surging as investors and analysts bet on technological breakthroughs in the new year. However, those stocks hit a major roadblock on Wednesday, Jan. 8, causing popular names to plunge between 40% and 50%. At CES 2025, Nvidia (NVDA) CEO Jensen Huang told analysts that “very useful” quantum computers were roughly 20 years away.

That indicates that these red-hot stocks are a long way from commercial success, and therefore meaningful revenues and profits. Rigetti shares responded promptly, falling 45% to just above $10. This leaves them roughly 50% below their 52-week high of $21.42. Rigetti is a California-based company that creates quantum computers and also offers a quantum cloud platform, Forest. Currently, consumers can order its Novera QPU, a 9-qubit (quantum bit) computer that is a smaller version of its larger, most powerful systems. The company says that Novera can help users achieve “excel” in quantum computing with use cases in scientific experimentation, among other things.

A single Novera QPU retails for $900,000 and up.

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