University of Kwazulu-Natal

Rigetti Computing Time To Buy The Motley Fool

Bonisiwe Shabane
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rigetti computing time to buy the motley fool

Rigetti's 36-qubit multichip quantum computer achieves 99.5% state-of-the-art gate fidelity, validating its chiplet scaling approach. A strong balance sheet with $571.6 million in cash provides a runway through 2026, despite minimal revenues. Extreme valuation at 495 times sales highlights the speculative nature of quantum computing investments. Rigetti Computing(NASDAQ: RGTI) has surged 1,820% over the past 12 months -- topping D-Wave Quantum's (NYSE: QBTS) 1,550% gain and IonQ's 505% (NYSE: IONQ). Yet, today's $5.3 billion market cap looks disconnected from a company posting just $1.8 million in quarterly revenue while losing nearly $40 million in the most recent quarter. Investors are paying venture-style multiples for technology that still lacks commercial traction.

Yet, the massive opportunity inherent in quantum computing could make this tech stock a steal -- even at these elevated levels. Let's dig deeper to find out whether this premium-laden growth stock is worth the price of admission. Written by Anthony Di Pizio for The Motley Fool-> Rigetti Computing stock has delivered a blistering gain over the past year as investors try to capture a slice of the quantum computing revolution. Rigetti is an early leader in this space, but its products are still in the very early stages of commercialization. Rigetti stock is trading at a sky-high valuation, which could open the door to a sharp correction in the future.

The data centers, chips, and components used to develop artificial intelligence (AI) are exceptional at parallel processing, meaning they can complete multiple tasks simultaneously. However, those tasks tend to be quite simple, like identifying patterns in large datasets. Quantum computers, on the other hand, use a concept called superposition to simulate many different solutions to a problem at once, which can speed up highly complex workloads. Quantum computing stocks have tanked over the past month, and Rigetti Computing (NASDAQ: RGTI) is no exception. Since October, Rigetti has fallen from nearly $60 per share to less than $25 per share as I write this on Nov. 14.

But quantum computing -- which takes advantage of the counterintuitive physics of matter at the tiniest scale to create computers that process information in a fundamentally different way than traditional computers do -- remains... However, as is typical with stocks in early-stage industries, volatility for these companies is likely to remain high. However, this could prove beneficial for those who have been waiting for an opportune time to buy shares of Rigetti. © All rights reserved. Stock prices are provided by BSB-Software This page uses Cookies.

For proper functioning of the page Cookies are needed. You agree to using Cookies by clicking "OK". More infos can be found in our Privacy declaration. If you disagree this service is only available in very limited ways. 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. Like other quantum computing stocks, Rigetti Computing shares have pulled back sharply in recent weeks. Investors are focusing more on Rigetti's latest results rather than its potential.

The long-term story for Rigetti remains promising, but don't rush to open a position just yet. Quantum computing stocks have tanked over the past month, and Rigetti Computing (NASDAQ: RGTI) is no exception. Since October, Rigetti has fallen from nearly $60 per share to less than $25 per share as I write this on Nov. 14. But quantum computing -- which takes advantage of the counterintuitive physics of matter at the tiniest scale to create computers that process information in a fundamentally different way than traditional computers do -- remains... However, as is typical with stocks in early-stage industries, volatility for these companies is likely to remain high.

However, this could prove beneficial for those who have been waiting for an opportune time to buy shares of Rigetti. Shares of Rigetti Computing (NASDAQ: RGTI) have taken quite a ride, down 61% from their 52-week high yet still up a spectacular 362% over the past year. In some ways, that extreme volatility mirrors the quantum systems the company aims to harness, where particles exist in multiple states, defined by superposition, entanglement, and intrinsic uncertainty. These aren't just theoretical concepts. Recent advances in quantum technology have paved the way for practical commercial applications that Rigetti is well positioned to capitalize on through its unique full-stack strategy. 2025 is poised to be a pivotal year for the company with several key milestones on the horizon to support a significant growth runway.

Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Is the outlook strong enough for investors to look past the recent sell-off and buy Rigetti Computing ahead of a potential rebound? Here's what you need to know. Quantum computing has rapidly emerged as one of the most important themes in the stock market, with tech giants such as Alphabet and Microsoft announcing major investments to support the next generation of computing...

Industry forecasts estimate the quantum computing market could grow to $90 billion to $170 billion by 2040, a massive opportunity that Rigetti aims to capture -- highlighting the stock's allure as a potential investment.

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For Proper Functioning Of The Page Cookies Are Needed. You

For proper functioning of the page Cookies are needed. You agree to using Cookies by clicking "OK". More infos can be found in our Privacy declaration. If you disagree this service is only available in very limited ways. 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 o...