Rigetti Computing Nasdaq Rgti Trading Up 1 1 Here S Why

Bonisiwe Shabane

-Jan 2, 2026, 4:57 PM

rigetti computing nasdaq rgti trading up 1 1 here s why

Rigetti Computing Inc (NASDAQ:RGTI) is trading lower Friday afternoon, marking a reversal after a surge earlier in the week driven by retail momentum and sector-wide optimism. The recent volatility comes amid a classic Santa Rally, where retail investors earlier this week rotated into high-beta quantum stocks while institutional trading desks thin out for the holidays. What To Know: Earlier gains this week were fueled by a wave of social media sentiment focused on Rigetti’s 2026 roadmap, which promises higher-qubit systems and significantly lower error rates. This retail interest was compounded by a halo effect from peers like IonQ and D-Wave, which also saw spikes following strategic milestones and bullish analyst coverage. Notably, Wedbush recently initiated coverage on Rigetti with an Outperform rating and a $35 price target, citing the company’s advanced chiplets and vertically integrated production capabilities as key differentiators. Market observers note that this week’s price action fits the pattern of a “Holiday Gap,” where lower trading volumes between Dec.

20 and New Year’s allow retail sentiment to move small-cap stocks more aggressively. While retail investors likely drove the stock higher earlier in the week on the belief that the “quantum age” could arrive by 2026, Friday’s downturn suggests a pause in the momentum as the holiday... Rigetti Computing, Inc. (RGTI Quick QuoteRGTI - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +0.7%, compared to the Zacks S&P 500 composite's +3% change.

During this period, the Zacks Internet - Software industry, which Rigetti Computing falls in, has gained 7.9%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually... Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.

And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. NEW YORK, Dec. 27, 2025, 2:06 p.m. ET — Market Closed (Weekend)

Rigetti Computing, Inc. (NASDAQ: RGTI) heads into the final trading days of 2025 on a volatile note after a sharp pullback in Friday’s post‑Christmas session. Shares ended Dec. 26 at $22.38, down $2.13 (‑8.69%), after trading as low as $22.33 and as high as $24.37. In after-hours trading, RGTI was last quoted around $22.46 (+0.36%) late Friday evening. AAII+2Yahoo Finance+2

With U.S. markets closed for the weekend, investors now have a full news cycle to digest a wave of fresh commentary published over the past 24–48 hours—from “big money” ownership spotlights to sharply different 2026 forecasts—before... Friday’s drop stood out not only for its size, but for how quickly sentiment turned after earlier-week momentum in high‑beta “pure-play” quantum names. Benzinga described the move as a Friday afternoon reversal following a surge earlier in the week, attributing the volatility to a mix of retail-driven momentum, sector-wide optimism, and thinner institutional participation during the holiday... Benzinga Written by Keith Noonan for The Motley Fool->

Rigetti Computing stock defied the market's bearish momentum today. Rigetti stock has gotten a big boost from analyst coverage earlier this week. Some investors may be betting that quantum computing tech will play a rising role in the competition between the U.S. and China. Rigetti Computing (NASDAQ: RGTI) stock managed to close Thursday's trading with strong gains despite moderately bearish momentum for the broader market. The company's share price jumped 9% in the daily session despite the S&P 500 falling 0.3% and the Nasdaq Composite declining 0.1%.

The stock had been up as much as 11.5% on the day before giving up some of its gains. Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum processing unit under the Novera QPU trade name; 84-qubit Ankaa-3 system under the name Novera QPU; and sells access to its quantum computers through QCa... [Read more] In 2024, Rigetti Computing's revenue was $10.79 million, a decrease of -10.14% compared to the previous year's $12.01 million.

Losses were -$200.99 million, 167.6% more than in 2023. According to 8 analysts, the average rating for RGTI stock is "Buy." The 12-month stock price target is $29.38, which is an increase of 32.64% from the latest price. When it comes to investing themes over the past several years, stocks with exposure to artificial intelligence or building AI products have been widely followed. A market expert shares with Benzinga w... Charlie Garcia responds to readers about the opportunities and obstacles for investors in quantum computing. Shares of quantum computing firm Rigetti Computing Inc (NASDAQ:RGTI) are trading higher on Thursday, fueled by a wave of positive developments that underscore growing investor confidence.

Here’s what investors need to know. What To Know: The rally follows a significant price target increase earlier this week from Benchmark analyst David Williams, who reiterated a Buy rating and raised his target to $50 from $20. Williams cited accelerating momentum across the quantum sector and pointed to Rigetti’s solid foundation of government and private-sector contracts as indicators of its favorable market position. The optimism is being bolstered by recent company announcements, including securing $21 million in contracts for 2025, which showcases tangible progress on its 4-year technology roadmap. Investors are also encouraged by Rigetti's strong financial position. The company boasts a $571 million war chest following a recent capital raise, providing a substantial cash runway to fund its ambitious goal of developing a 1,000+ qubit, error-corrected system.

Key partnerships, including with Nvidia, and a scalable chiplet architecture are seen as critical advantages in the race to achieve quantum advantage. Benzinga Edge Rankings: Highlighting the stock’s powerful price action, Benzinga Edge rankings assign RGTI an exceptional Momentum score of 99.92.

Rigetti Computing Nasdaq Rgti Trading Up 1 1 Here S Why

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