Rigetti Computing Stock Down 37 As Nvidia Ceo Sees Inflection Point

Bonisiwe Shabane

-Jan 2, 2026, 9:59 AM

rigetti computing stock down 37 as nvidia ceo sees inflection point

Rigetti Computing stock saw fell in the first half of 2025 after surging 1,449% last year. Comments from Nvidia CEO Jensen Huang played a significant role in shaping Rigetti's stock moves across the first half of the year. Rigetti's share price has been skyrocketing in July. 10 stocks we like better than Rigetti Computing › Rigetti Computing (NASDAQ: RGTI) stock got hit with substantial sell-offs in the first half of this year. The company's share price fell 22.3% across the stretch, according to data from S&P Global Market Intelligence.

The stock lost ground even as the S&P 500 (SNPINDEX: ^GSPC) saw a 5.5% increase. 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.

The entire Quantum Computing stock industry took a massive hit on Wednesday as NVIDIA CEO, Jensen Huang, made comments about the industry during the company’s investor day. Juang commented that “If you said 15 years for very useful quantum computers, that would probably be on the early side,”. Juang followed-up with “If you said 30, it’s probably on the late side. But if you picked 20, I think a whole bunch of us would believe it.” Quantum computing has taken the lead role, in terms of performance, from Ai industry stocks over the last two months since Google announced the development of its “Willow” chip. The Willow chip demonstrates that quantum computers can solve specific problems much faster than classical supercomputers.

Google announced that Willow performed a standard benchmark computation in under five minutes that would take one of today’s fastest supercomputers 10 septillion years. Google is the strongest candidate for quantum computing hardware breakthroughs over the next 5 years. Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Jensen Huang says quantum computing is hitting an inflection point -- logical qubits are finally scaling fast Moore’s law–style explosion: "i could expect 10x more every 5 years, 100x every 10" Quantum-classical computing is... Jensen Huang in January: “Quantum is 15 to 30 years away” Jensen Huang today: “Quantum computing is reaching an inflection point.

We are within reach of being able to apply quantum computing in areas that can solve some interesting problems in the coming years.” Nvidia CEO Jensen Huang made headlines today, saying that quantum computing is reaching an "inflection point." His bullish outlook sent quantum computing stocks buzzing. IonQ, Rigetti Computing and Quantum Computing all popped following Huang's speech. @DianeKingHall breaks 1️⃣ Quantum stocks surge on Jensen Huang's comments, says technology is facing an "inflection point" 2️⃣ $LMT falls on demand woes ⏰ More market moves: $NVDA | Nvidia CEO Jensen Huang reiterated that quantum technology is at an "inflection point." Huang’s comments, made at the VivaTech conference in Paris, have ignited optimism across the sector.

$LAES $IONQ $QUBT $QBTS $QMCO $RGTI $ARQQ 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. Nvidia CEO says quantum computing is reaching “an inflection point” and Rigetti Computing stock is up slightly — but down 37% in 2025. Should you buy? Nvidia CEO Jensen Huang is now a quantum computing booster after a March conversion. Actively traded Rigetti Computing enjoyed a slight boost to its stock price which is down 37% in 2025 — after a 970% increase since June 2024. The company’s recent earnings report does not support a bull case for Rigetti stock.

Yet the longer-term opportunity for quantum computing could be significant, according to my June 10 interview with MIT expert Jonathan Ruane.

Rigetti Computing Stock Down 37 As Nvidia Ceo Sees Inflection Point

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Rigetti Computing Stock Saw Fell In The First Half Of

The Stock Lost Ground Even As The S&P 500 (SNPINDEX:

RGTI Has Been The Topic Of A Number Of Research

They Issued An "outperform" Rating And A $35.00 Price Target

The Stock Has A Market Cap Of $7.31 Billion, A