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Is Rigetti Computing S 37 Stock Drop A Sign Of Trouble After Nvidia S

Bonisiwe Shabane
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is rigetti computing s 37 stock drop a sign of trouble after nvidia s

Written by Anders Bylund for The Motley Fool-> Rigetti Computing's stock plummeted 42% in November after reporting an 18% revenue decline and ballooning losses of $201 million in Q3 2025. The company's full-stack approach to quantum computing is impressive, but the technology remains years away from practical commercial advantages over traditional computers. This stock might just be "the next Aurora Cannabis," which would be an unfortunate fate. Shares of quantum computing expert Rigetti Computing (NASDAQ: RGTI) fell 42.2% in November 2025, according to data from S&P Global Market Intelligence. The bearish timeline included a disappointing earnings report, which erased October's 48.6% gain and then some.

Rigetti's stock lost 14.2% of its value across the two-month span from Sept. 30 to Nov. 29. After losing $8.3 in one trading session, Rigetti Computing's (RGTI, Financial) share price dropped by 45%, following Comments by Nvidia (NVDA, Financial) CEO Jensen Huang at CES 2025, warning that practical quantum computing maybe... His remarks triggered a sell-off in the quantum computing industry that crushed the stock of Rigetti and peers, including IonQ. Rigetti shares traded slightly higher in after-hours, rising 2.8% to $10.33.

However, analysts remain doubtful about the stock's prospects. Speculative interest lifted Rigetti to a record high of $19.38 earlier this month. However, fears of overvaluation and the company's continuing revenue woes have remained. Forbes set Rigetti's 12-month price target to $5.20, suggesting another 49.1% downside from that date. Further complicating investor concerns has been increased cash burn and the broader market volatility. Over the last year, volatility in its quantum computing stocks has grown from 22% to 35% a week.

We see Rigetti's short interest ratio at 0.6, indicating modestly bearish sentiment in a calm trading market. Both the long term potential and the near term risks of quantum computing are illustrated by the sharp decline. Investors are suggested to take the smart approach of keeping a close watchful eye on Rigetti's fundamentals and operational performance while they go through these challenges. Rigetti Computing (NASDAQ: RGTI), one of the most talked-about quantum computing stocks, suffered a dramatic plunge today. Shares fell over 47.60%, wiping out significant recent gains, following comments from Nvidia CEO Jensen Huang. During Nvidia’s analyst day, Huang cast doubt on the near-term utility of quantum computing, suggesting that “very useful” systems might be two decades away.

This sudden pullback comes as a reality check for Rigetti, which had soared over 1,500% in the past year. Investors are now questioning whether the stock can regain its momentum or if the hype around quantum computing is fizzling out. Looking at the chart, Rigetti Computing is currently trading at $9.65, down from its recent high of $21.39. This represents a significant decline of approximately 55% from its peak. Despite today’s sharp decline, Rigetti’s long-term prospects remain tied to the future of quantum computing. While Nvidia’s CEO provided a sobering outlook, Rigetti has positioned itself as a leader in the space, benefiting from recent advancements and partnerships.

However, the road ahead is challenging. Investors must weigh the stock’s speculative nature against its potential. For now, Rigetti’s ability to hold critical support levels and deliver tangible progress in its quantum technology will be the deciding factors in its 2025 outlook. Published: 2025-06-12 04:00:00 | Category: Trump GNEWS Search As the world increasingly moves towards advanced computing technologies, quantum computing has emerged as a focal point for innovation and investment. Nvidia CEO Jensen Huang recently declared that quantum computing is at a pivotal moment, sparking interest from investors and tech enthusiasts alike.

This declaration coincided with a slight uptick in Rigetti Computing's stock, although it's essential to scrutinize the broader context of the quantum computing market. In this article, we will delve into the current state of quantum computing, explore the implications of Huang's comments, and assess whether investing in Rigetti Computing is a sound decision amid recent fluctuations in... We will also consider expert insights from MIT and other perspectives to paint a comprehensive picture of what lies ahead in this dynamic field. Quantum computing represents a significant shift from traditional computing paradigms. Utilizing principles of quantum mechanics, these systems promise to perform calculations at speeds and efficiencies that classical computers simply cannot match. Key areas of potential application include:

Despite the promise, the technology is still in its infancy. Current quantum computers are plagued by high error rates and fragile hardware, which limits their practical applications. However, recent advancements, including better error correction algorithms and robust hardware platforms, are paving the way for more commercially viable solutions. Shares of Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) were down 1.2% during mid-day trading on Wednesday . The company traded as low as $21.93 and last traded at $22.15.

Approximately 23,055,970 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 69,407,094 shares. The stock had previously closed at $22.41. RGTI has been the topic of a number of research analyst reports. B. Riley cut their target price on Rigetti Computing from $42.00 to $35.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 12th. Jefferies Financial Group assumed coverage on Rigetti Computing in a research note on Tuesday, December 16th.

They set a "hold" rating and a $30.00 target price on the stock. Wedbush initiated coverage on shares of Rigetti Computing in a report on Wednesday, December 17th. They issued an "outperform" rating and a $35.00 price target on the stock. Alliance Global Partners restated a "buy" rating on shares of Rigetti Computing in a report on Tuesday, November 11th. Finally, Williams Trading set a $40.00 price objective on shares of Rigetti Computing in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company.

Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $31.22. The firm has a 50-day simple moving average of $28.89 and a 200-day simple moving average of $23.88. The stock has a market cap of $7.31 billion, a PE ratio of -17.04 and a beta of 1.68. Rigetti Computing (NASDAQ:RGTI - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. Rigetti Computing had a negative return on equity of 21.98% and a negative net margin of 4,741.49%.The company had revenue of $1.95 million for the quarter, compared to analyst estimates of $2.17 million.

Rigetti Computing's revenue was down 18.1% on a year-over-year basis. On average, research analysts expect that Rigetti Computing, Inc. will post -0.34 earnings per share for the current year. In other news, Director Helene Gail Sandford sold 62,000 shares of the firm's stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $44.89, for a total value of $2,783,180.00. Following the completion of the transaction, the director directly owned 120,371 shares in the company, valued at approximately $5,403,454.19.

This trade represents a 34.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Shares of Rigetti Computing Inc (NASDAQ:RGTI) are trading lower by 40% to $9.64 since Wednesday’s open following comments from Nvidia CEO Jensen Huang that cast doubt on the near-term potential of quantum computing. What Happened: During Nvidia’s analyst day, Huang suggested that practical quantum computers are still 15 to 30 years away, with 20 years being a more realistic estimate. He noted that while quantum computing excels in handling small datasets and specific computational tasks, it struggles with larger datasets. Huang's remarks this week have prompted investors to reevaluate their expectations for the quantum computing industry, which had recently gained momentum.

This reassessment may lead to a shift in investment strategies, potentially focusing more on companies demonstrating measurable progress. Read Also: Nvidia CEO Sends Quantum Stocks Lower: Poll Finds Over 50% Pick Rigetti Or Skip For 2025

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