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Rigetti Computing Stock Rgti Climbs As Quantum Leap Brings Analyst Pt

Bonisiwe Shabane
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rigetti computing stock rgti climbs as quantum leap brings analyst pt

On Tuesday, Rigetti Computing Inc.’s stocks have been trading up by 6.76 percent amid growing investor confidence. Live Update At 16:05:04 EST: On Wednesday, August 13, 2025 Rigetti Computing Inc. stock [NASDAQ: RGTI] is trending up by 6.76%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below. As Tim Bohen, lead trainer with StocksToTrade says, “The best way to learn is by tracking trades, wins, losses, and lessons learned. Every trade has something to teach.” In the world of trading, every decision you make can offer invaluable insights if you take the time to analyze and reflect on them.

By keeping a detailed record of your trades, paying attention to what worked and what didn’t, and understanding the reasons behind your outcomes, you can continuously improve your skills and strategies. This approach not only helps in identifying patterns and refining techniques but also fosters a mindset of continuous learning and adaptation, essential qualities for anyone looking to succeed in the dynamic environment of trading. Rigetti Computing has been making strides in the quantum computing world, and its recent earnings report paints an intriguing picture. The company’s revenue surged to $10.79M, up from previous quarters, even though some profitability metrics fell short. The rapid ascent in stock prices highlights market enthusiasm, riding on recent tech breakthroughs. From a valuation standpoint, the company’s price-to-sales ratio stands significantly higher at 397.75, signaling investor anticipation for future growth.

Financial health isn’t apple-pie perfect, yet it features a solid current ratio of 18.8, indicating Rigetti’s substantial asset coverage relative to liabilities. Rigetti Computing (NASDAQ: RGTI) is riding a wave of investor enthusiasm today, fueled by a significant breakthrough in its quantum computing technology, and a boosted analyst price target. RGTI's stock price has added more than 19% through the early morning trade, reflecting the market's positive response to the announcement that its 36-qubit system has achieved an impressive 99.5% accuracy. The achievement of 99.5% median two-qubit gate fidelity is particularly noteworthy. It effectively halves the error rate compared to Rigetti's previous 84-qubit Ankaa-3 system, a critical improvement for performing complex quantum calculations. This advancement directly addresses one of the biggest challenges in quantum computing: maintaining qubit coherence and minimizing errors.

The higher the fidelity, the more reliable and useful the quantum computer becomes. Despite the positive sentiment, it's important to remember the volatility that Rigetti's stock has experienced this year. Early this year, the stock reached an all-time high above $20, fuelled by general excitement surrounding quantum computing, particularly in the wake of Google's announcement of its Willow quantum computer. However, the stock traded down from there before finding a new wave of buyers. Analyst consensus on Rigetti remains generally positive, with a “Buy” rating prevailing. Alliance Global Partners raised its price target from $16 to $18 today, reaffirming its Buy rating, indicating confidence in Rigetti's long-term prospects and the belief that the company is on it's way to scaling...

Rigetti Computing (NASDAQ: RGTI) has captivated the financial world with an astonishing stock surge, experiencing a "5,000% Quantum Leap" over the past year, with significant acceleration in momentum in mid-October 2025. This dramatic increase has pushed the quantum computing pioneer's market capitalization to an estimated $16.9 billion to $17.8 billion, reflecting a potent mix of speculative fervor for the nascent quantum industry and a series... The immediate implications are a blend of opportunity and caution. While the surge validates the growing interest in quantum computing as a transformative technology, it also raises concerns about potential overvaluation. With a hefty price-to-book ratio of 27.2x, the market is clearly pricing in lofty expectations for future growth, demanding flawless execution from Rigetti. The company's upcoming Q3 2025 earnings report, scheduled for November 11, 2025, will be a critical juncture for investors to scrutinize its financial health and assess the sustainability of this extraordinary rally.

Rigetti Computing's stock trajectory has been nothing short of spectacular, climbing an astounding 3,523% over the past year and a remarkable 200% in the last three months alone, culminating in consecutive 25% daily increases... This rapid appreciation is largely attributed to "quantum computing mania," with investors eagerly seeking the "next big theme" following the artificial intelligence (AI) boom. Despite warnings from industry titans like Nvidia (NASDAQ: NVDA) CEO Jensen Huang, who cautioned that "very useful" quantum computers are still decades away, and "Mad Money" host Jim Cramer's pessimism regarding overhyped quantum stocks,... A series of strategic deals and technological advancements have served as potent catalysts for this surge. A significant driver in mid-October 2025 was JPMorgan Chase's (NYSE: JPM) announcement of a colossal $10 billion "Security and Resiliency Initiative," which explicitly targets quantum computing among 27 critical industries. This led investors to speculate that Rigetti could be a major beneficiary of this capital injection.

Earlier in the year, in February and April 2025, Rigetti forged a strategic collaboration with Taiwan-based Quanta Computer Inc. (TWSE: 2382.TW), a global leader in server manufacturing. This partnership involves a commitment of over $100 million each over five years to accelerate superconducting quantum computing development, with Quanta also making a $35 million equity investment in Rigetti in April 2025. Further bolstering Rigetti's position were significant contracts secured in September 2025, including a three-year, $5.8 million agreement with the U.S. Air Force Research Laboratory (AFRL) to advance superconducting quantum networking, alongside other U.S. Air Force contracts.

The company also announced purchase orders for two of its 9-qubit Novera systems, totaling $5.7 million, from an Asian tech manufacturing company and a California-based physics and AI start-up. These commercial wins, coupled with a December 2024 partnership with Nvidia (NASDAQ: NVDA) for hybrid GPU-QPU development and international expansion through a Memorandum of Understanding with India's Centre for Development of Advanced Computing (C-DAC)... Technologically, the company has made strides with its Ankaa-3 and Cepheus-1 systems, setting new fidelity standards and advancing its chiplet-based architecture, with an ambitious goal of achieving over 100 qubits by the end of... Rigetti Computing Inc. (NASDAQ:RGTI) just flipped the switch on its biggest quantum breakthrough yet – and for once, Wall Street didn't sleep through it. The company's reveal of a 36-qubit modular quantum system with record-setting fidelity has investors scrambling, sending RGTI stock up 14.5% by 10 a.m.

ET. Quantum might still be years from going mainstream, but Rigetti's stock is having its moment right now. Rigetti has built the largest modular quantum computer yet by linking together four 9-qubit chips to create a 36-qubit system. But it's not just about size—the company also cut its error rate in half, reaching 99.5% accuracy in how its qubits work together. That's a major step toward making quantum computers more reliable. What makes this even more impressive is that Rigetti isn't just talking about modular quantum design – it's actually delivering.

With real data, real performance and a clear path to building a 100+ qubit system by the end of the year, Rigetti is turning big quantum ideas into working technology. Read Also: Quantum Stock Watch: Bullish Analyst Coverage On IonQ, D-Wave, Rigetti Computing

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The higher the fidelity, the more reliable and useful the quantum computer becomes. Despite the positive sentiment, it's important to remember the volatility that Rigetti's stock has experienced this year. Early this year, the stock reached an all-time high above $20, fuelled by general excitement surrounding quantum computing, particularly in the wake of Google's announcement of its Willow quantu...

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Rigetti Computing (NASDAQ: RGTI) has captivated the financial world with an astonishing stock surge, experiencing a "5,000% Quantum Leap" over the past year, with significant acceleration in momentum in mid-October 2025. This dramatic increase has pushed the quantum computing pioneer's market capitalization to an estimated $16.9 billion to $17.8 billion, reflecting a potent mix of speculative ferv...