Should You Buy Rigetti Computing Stock On The Dip Aol

Bonisiwe Shabane

-Jan 2, 2026, 7:35 PM

should you buy rigetti computing stock on the dip aol

Quantum computing specialist Rigetti Computing (NASDAQ: RGTI) has been through a lot in recent months. As of this writing on April 7, the stock is down 61% from January's all-time high. But if you shift your focus to a six-month view, Rigetti has gained a staggering 1,014% in that period. The company didn't exactly earn its skyrocketing price jump, but the recent drop isn't Rigetti's fault either. Forces way beyond Rigetti's control are playing Wall Street lacrosse with the stock. So what's going on, and is this price dip a good time to buy Rigetti stock?

Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » I'm sure you know the good part. Fellow quantum computing expert Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) developed a new chip with superior error correction in early December. This large step forward helped Alphabet's Google Quantum AI team crush a performance benchmark to smithereens, making modern supercomputers look frozen in time by comparison.

This warmly welcome sign of progress sent all quantum single-focus computing stocks skyward, including Rigetti. But the fun didn't last forever. In January, just a month after the error-correcting breakthrough, Nvidia (NASDAQ: NVDA) CEO Jensen Huang said that truly useful quantum computers were still many years away. Two decades looked like a reasonable estimate in Huang's mind. Rigetti Computing missed Q3 expectations. The company was not selected for an important U.S.

government contract. 10 stocks we like better than Rigetti Computing › If you look at 2025 as a whole, Rigetti Computing (NASDAQ: RGTI) investors have had a great year, as the stock has essentially doubled. However, after setting an all-time high in early October, the stock now sits about 50% off that level. That's a huge crash in just a few weeks, but is this sell-off warranted, or is this a fantastic opportunity to buy a hot quantum computing stock on the dip? Let's take a look at Rigetti Computing's stock and see if there's a salvageable investment here.

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here Rigetti Computing (RGTI) is among the quantum computing stocks that has seen incredible volatility over the past year. After Nvidia (NVDA) CEO Jensen Huang quipped that quantum computing technology could be decades away from true commercialization in January, shares of quantum computing stocks like Rigetti plunged. From a peak near $20, RGTI stock now trades under $9 per share. That said, putting this move in context is important.

The quantum computing player has rebounded nicely off of its low following these comments below $6 per share and is moving in the right direction. Of course, the question now remains as to which direction Rigetti will head next. Is the future bright for the likes of Rigetti and is this dip worth buying? Or are investors best served by waiting and seeing what happens here? Let’s dive in. Nvidia CEO Jensen Huang is clearly among the most important movers and shakers in the tech world.

When Huang speaks about a particular topic, investors’ ears collectively perk up. Rigetti Computing (NASDAQ: RGTI) saw its stock plummet by 47% on January 8, following comments from Nvidia (NASDAQ: NVDA) CEO Jensen Huang at CES 2025. Huang’s remarks about quantum computing being “20 years away from becoming very useful” sent shockwaves through the sector, leading to sharp declines in stocks like Rigetti, D-Wave Quantum (QBTS), and IonQ (IONQ). Rigetti Computing, a quantum computing firm located in California, creates advanced quantum processors and provides services via its cloud platform, Forest. The Novera QPU, the company’s main product, is intended for premium uses such as scientific studies and climate simulation. As Rigetti forges partnerships, notably one with Nvidia, it continues to depend significantly on government funds and research and development investments.

As quarterly losses increase and commercial quantum computing remains unprofitable, the stock is likely to experience fluctuations. The dramatic sell-off has placed Rigetti in a critical technical position. Key levels to watch include: Although the significant downturn has increased Rigetti’s appeal to investors with a high-risk appetite, careful consideration is advised. Experts continue to classify the stock as a “Strong Buy,” yet its prospects depend on the effective advancement of quantum technologies and market successes. Rigetti Computing shows progress in quantum computing technology, but still trails IBM and Google.

Strong cash reserves and partnerships provide a financial runway through 2026. The stock remains highly speculative with minimal revenue and a very high valuation. Rigetti Computing (NASDAQ: RGTI) has recently attracted significant attention in financial markets as one of the leading companies working on quantum computing technology. The company has made progress with its new hardware, secured fresh funding, and established partnerships that could help in long-term growth. At the same time, its revenue remains very small compared to its market valuation, and the stock continues to behave in a highly speculative way. Looking at both the opportunities and the risks is important before deciding if it is a good buy at the current price.

Quantum computing stocks like Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ (IONQ) have been top performers to start 2025, surging as investors and analysts bet on technological breakthroughs in the new year. However, those stocks hit a major roadblock on Wednesday, Jan. 8, causing popular names to plunge between 40% and 50%. At CES 2025, Nvidia (NVDA) CEO Jensen Huang told analysts that “very useful” quantum computers were roughly 20 years away. That indicates that these red-hot stocks are a long way from commercial success, and therefore meaningful revenues and profits. Rigetti shares responded promptly, falling 45% to just above $10.

This leaves them roughly 50% below their 52-week high of $21.42. Rigetti is a California-based company that creates quantum computers and also offers a quantum cloud platform, Forest. Currently, consumers can order its Novera QPU, a 9-qubit (quantum bit) computer that is a smaller version of its larger, most powerful systems. The company says that Novera can help users achieve “excel” in quantum computing with use cases in scientific experimentation, among other things. A single Novera QPU retails for $900,000 and up. Rigetti Computing, Inc.

(RGTI Quick QuoteRGTI - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this company have returned +0.7%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Internet - Software industry, which Rigetti Computing falls in, has gained 7.9%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually...

Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Should You Buy Rigetti Computing Stock On The Dip Aol

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