University of Kwazulu-Natal

Rigetti Computing Stock Downgraded Why This Analyst Prefers D Wave

Bonisiwe Shabane
-
rigetti computing stock downgraded why this analyst prefers d wave

Oakland, CA – November 12, 2025 – Rigetti Computing (NASDAQ: RGTI) experienced a significant downturn in its stock performance today, with shares declining notably following a series of analyst reassessments that have cast a... The cumulative effect of these downgrades and revised price targets reflects growing concerns among financial experts regarding the company's financial health, ambitious valuation, and heavy reliance on government contracts in a rapidly evolving technological... This recent market reaction underscores the volatile nature of the quantum computing sector and the challenges companies like Rigetti face in translating groundbreaking research into sustainable commercial success. The immediate implications for Rigetti Computing are clear: a dent in investor confidence and increased scrutiny on its operational efficiency and funding strategies. The stock's recent struggles highlight a pivotal moment for the company as it navigates the demanding path from innovation to profitability, with analysts questioning whether its current market valuation accurately reflects its underlying fundamentals... The recent slide in Rigetti Computing's stock can be traced back to a series of critical analyst reports issued around early to mid-November 2025.

On November 3, B. Riley Securities, led by analyst Craig Ellis, initiated a significant shift by downgrading Rigetti from a "Buy" to a "Neutral" rating. While Ellis raised the price target to $42.00 from $35.00 at that time, the downgrade was predicated on the belief that the stock's triple-digit gains had already priced in a "significant percentage of long-term... funding authorizations due to a federal government shutdown were flagged as a substantial sales risk, particularly for Rigetti, which is more heavily reliant on government funding compared to its peers. Adding to the bearish sentiment, on November 11, Seeking Alpha analyst Uttam Dey issued a stark "Sell" rating for Rigetti. Dey's assessment was based on a litany of concerns, including the company's weak financials, characterized by declining revenue and widening losses, coupled with what was deemed an "extremely high valuation" – trading at over...

Disappointing third-quarter 2025 results, which showed an 18% decline in revenue and a collapse of gross margins to 20.8%, further fueled this pessimistic outlook. The analyst also highlighted that a recent $625 million funding announcement from the U.S. Department of Energy (DOE) fell significantly short of industry expectations, which had hovered around $2.5 billion, thereby dampening near-term optimism. The market continued to react on November 12, with Benchmark analyst David Williams maintaining a "Buy" rating but lowering the price target to $40.00 from $50.00. Williams cited a broader slowdown in momentum across the quantum technology landscape following Rigetti's third-quarter results and noted that recent volatility across emerging technology and AI sectors had dampened investor enthusiasm for quantum-related shares. Concurrently, B.

Riley Securities, in an update on November 12, reiterated its "Neutral" rating and further lowered its price target from $42.00 to $35.00, reflecting persistent caution. These combined actions have created a challenging environment for Rigetti, with its stock experiencing significant downward pressure, including a reported 15.8% hit in the week leading up to November 12, and a notable decline... Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Chicago, IL – December 2, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Stocks recently featured in the blog include: Rigetti Computing RGTI and D-Wave Quantum QBTS. Here are highlights from Monday’s Analyst Blog: Quantum computing continues to attract outsized attention because it sits at the intersection of breakthrough science and massive commercial potential. The technology is still early, but the promise is clear: the ability to tackle optimization, simulation, and security problems that classical systems simply cannot handle. For investors, this space remains a rare chance to get in ahead of what could eventually become an industry measured in trillions. Within this landscape, Rigetti Computing and D-Wave Quantum offer two very different approaches to building momentum.

Rigetti is pushing ahead with a gate-based superconducting architecture designed for long-run universality and scalability, while D-Wave is focused on quantum annealing and hybrid solvers that can be deployed for specific use cases today. In this face-off, we break down how each company is advancing and what those paths mean for investors trying to balance near-term traction with the long-term race toward more capable quantum machines. Shares of Rigetti have soared 67.5%, while QBTS stock has surged 166.7% in the year-to-date period.

People Also Search

Oakland, CA – November 12, 2025 – Rigetti Computing (NASDAQ:

Oakland, CA – November 12, 2025 – Rigetti Computing (NASDAQ: RGTI) experienced a significant downturn in its stock performance today, with shares declining notably following a series of analyst reassessments that have cast a... The cumulative effect of these downgrades and revised price targets reflects growing concerns among financial experts regarding the company's financial health, ambitious va...

On November 3, B. Riley Securities, Led By Analyst Craig

On November 3, B. Riley Securities, led by analyst Craig Ellis, initiated a significant shift by downgrading Rigetti from a "Buy" to a "Neutral" rating. While Ellis raised the price target to $42.00 from $35.00 at that time, the downgrade was predicated on the belief that the stock's triple-digit gains had already priced in a "significant percentage of long-term... funding authorizations due to a ...

Disappointing Third-quarter 2025 Results, Which Showed An 18% Decline In

Disappointing third-quarter 2025 results, which showed an 18% decline in revenue and a collapse of gross margins to 20.8%, further fueled this pessimistic outlook. The analyst also highlighted that a recent $625 million funding announcement from the U.S. Department of Energy (DOE) fell significantly short of industry expectations, which had hovered around $2.5 billion, thereby dampening near-term ...

Riley Securities, In An Update On November 12, Reiterated Its

Riley Securities, in an update on November 12, reiterated its "Neutral" rating and further lowered its price target from $42.00 to $35.00, reflecting persistent caution. These combined actions have created a challenging environment for Rigetti, with its stock experiencing significant downward pressure, including a reported 15.8% hit in the week leading up to November 12, and a notable decline... D...

Stocks Recently Featured In The Blog Include: Rigetti Computing RGTI

Stocks recently featured in the blog include: Rigetti Computing RGTI and D-Wave Quantum QBTS. Here are highlights from Monday’s Analyst Blog: Quantum computing continues to attract outsized attention because it sits at the intersection of breakthrough science and massive commercial potential. The technology is still early, but the promise is clear: the ability to tackle optimization, simulation, a...