Rigetti Computing Rgti Faces Challenges Amid Quantum Computing

Bonisiwe Shabane

-Jan 2, 2026, 3:42 PM

rigetti computing rgti faces challenges amid quantum computing

Quantum computing exploded onto the investment scene in late 2024, igniting a frenzy that propelled pure-play stocks to astronomical heights. Rigetti Computing (RGTI) emerged as one of the biggest beneficiaries, with shares rocketing over 800% in a single month amid breakthrough announcements and surging optimism. Over the past three years, RGTI has delivered staggering gains of more than 3,200%, and at its peak, the stock was up over 8,200% from historic lows. Early investors have undeniably struck a rich motherlode, turning modest bets into life-changing wealth. Yet for those new to the quantum sector, the ride has been brutal. On Friday, RGTI tumbled almost 9% to close 61% below its October high of $58, erasing much of the year's explosive gains.

This pullback mirrors broader pain across quantum stocks like IonQ (IONQ) and D-Wave (QBTS), which have also plunged sharply after similar booms and busts. With the entire sector reeling, investors need to ask: Is the hype surrounding quantum computing finally over – and is RGTI still a buy? Quantum computing harnesses principles of quantum mechanics, using qubits that can exist in multiple states simultaneously (superposition) and become entangled. Unlike classical bits limited to 0 or 1, this enables quantum systems to explore vast solutions exponentially faster for certain problems. The potential is transformative: faster drug discovery by simulating molecules, optimized financial models, unbreakable encryption breakthroughs, and efficient logistics routing. Quantum could reshape industries from pharmaceuticals to materials science, unlocking solutions classical computers can't touch in reasonable time.

Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Rigetti Computing, Inc. (NASDAQ: RGTI) is ending the year the way quantum stocks often do: with big ideas, big volatility, and Wall Street trying to put numbers on a future that still feels a little sci‑fi. As of Dec. 24, 2025, RGTI traded around $24.42 (mid-session), down about 2.8% on the day after a turbulent stretch of sharp gains and pullbacks.

Below is what today’s news flow, forecasts, and recent analyst research collectively say about Rigetti stock—and what investors are watching next. On Dec. 24, RGTI traded in a roughly $24.28–$25.46 range, reflecting continued churn after large volume spikes earlier in the week. StockAnalysis Those prior sessions matter because they frame the current mood: Empirical evidence suggests that well-chosen quantum feature maps promise to enhance the performance of Machine Learning (ML) algorithms.

In this work, we harness the capabilities of the Amazon Braket SV1 on-demand state-vector simulator to experimentally test the use of quantum enhanced signature kernels up to 32 qubits to predict the mid-price using... Rigetti Computing, Inc. today announced its financial results for the third quarter ended September 30, 2025. This summer, we welcomed our largest intern cohort yet — 18 students eager to explore the emerging world of quantum technologies and ready to contribute to something meaningful. During their time at Rigetti, that spark of curiosity transformed into conviction: conviction in their skills, in their career paths, and in the power of collaboration to move technology — and humanity — forward. Rigetti Computingnannounced today that it is supporting NVIDIA NVQLink, NVIDIA’s new open platform for integrating AI supercomputing with quantum computers.

Rigetti Computing announced today that it will release third quarter 2025 results on November 10, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations on November 11, 2025 at 8:30 am ET. Rigetti Computing has emerged as one of the most intriguing companies at the intersection of quantum computing and practical business applications. Founded in 2013 by Chad Rigetti, a physicist and entrepreneur, Rigetti Computing set out with a bold mission: to democratize quantum computing and make it accessible to researchers, businesses, and developers around the world. Over the last decade, the company has navigated significant technological challenges, shifting market expectations, and the rapidly evolving landscape of quantum information science. Rigetti Computing was born in Berkeley, California, a hotbed of technological innovation and scientific research.

From the start, the company differentiated itself by focusing not just on quantum hardware, but also on building a full-stack solution—integrating quantum chips, control electronics, and cloud-based software into a seamless package. This vision contrasted with many competitors who concentrated narrowly on hardware or software, positioning Rigetti as a pioneer in building usable quantum computing platforms. In its initial years, Rigetti raised significant venture capital funding and attracted top-tier talent from academia and industry. The company’s approach to superconducting qubits—a type of quantum bit central to many quantum computers—formed the core of its hardware strategy. Rigetti’s researchers worked relentlessly on improving qubit coherence times, error rates, and scalability, aiming to bridge the gap between experimental physics and commercial applications. The company’s signature achievement in the mid-2010s was the development and public release of the Forest cloud platform.

This platform allowed developers to write, simulate, and run quantum algorithms remotely on Rigetti’s quantum processors. By prioritizing ease-of-use and open access, Rigetti fostered a community of early adopters who helped advance quantum programming techniques and identified real-world use cases. As the quantum computing race accelerated, Rigetti found itself competing against much larger players, including IBM, Google, and Microsoft. Despite its smaller size, Rigetti’s agile approach allowed it to innovate rapidly. The company achieved milestones such as demonstrating quantum advantage in select computational tasks and increasing the number of qubits on its devices.

Rigetti Computing Rgti Faces Challenges Amid Quantum Computing

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