University of Kwazulu-Natal

Why Did Rigetti Computing Shares Surge By 25 Today Bitget

Bonisiwe Shabane
-
why did rigetti computing shares surge by 25 today bitget

Rigetti Computing Inc (NASDAQ:RGTI) is trading lower Friday afternoon, marking a reversal after a surge earlier in the week driven by retail momentum and sector-wide optimism. The recent volatility comes amid a classic Santa Rally, where retail investors earlier this week rotated into high-beta quantum stocks while institutional trading desks thin out for the holidays. What To Know: Earlier gains this week were fueled by a wave of social media sentiment focused on Rigetti’s 2026 roadmap, which promises higher-qubit systems and significantly lower error rates. This retail interest was compounded by a halo effect from peers like IonQ and D-Wave, which also saw spikes following strategic milestones and bullish analyst coverage. Notably, Wedbush recently initiated coverage on Rigetti with an Outperform rating and a $35 price target, citing the company’s advanced chiplets and vertically integrated production capabilities as key differentiators. Market observers note that this week’s price action fits the pattern of a “Holiday Gap,” where lower trading volumes between Dec.

20 and New Year’s allow retail sentiment to move small-cap stocks more aggressively. While retail investors likely drove the stock higher earlier in the week on the belief that the “quantum age” could arrive by 2026, Friday’s downturn suggests a pause in the momentum as the holiday... One of the world's leading banks revealed it will commit billions to 27 key areas of investment, including quantum computing. Rigetti and other pure-play quantum stocks flew higher on the news. Shares of Rigetti Computing (NASDAQ: RGTI) soared on Monday, finishing up 25%. The spike came as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 1.5% and 2.2%, respectively.

The quantum computing stock surged after JPMorgan Chase revealed plans to invest $10 billion in various industries and technologies under its broad "Security and Resiliency Initiative" aimed at boosting U.S. economic and technological leadership. Quantum computing was among the 27 areas targeted. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »

A Wall Street firm maintained its buy rating on the stock and raised its price target. This article first appeared on our U.S. website. Shares of Rigetti Computing (NASDAQ: RGTI) were trading 10% higher as of 3 p.m. ET Monday, after a Wall Street analyst raised his price target on the stock and reiterated a buy rating for the quantum computing company. Needham analyst Quinn Bolton increased his price target on Rigetti by $3 to $18 per share, implying about 15% upside from current levels.

Bolton believes there is momentum in the quantum computing sector. He is specifically watching the Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmark Initiative (QBI) and a pending bill in Congress called the Department of Energy Quantum Leadership Act. An independent research and development (R&D) agency stashed within the U.S. Department of Defense, DARPA was created in response to the launch of Sputnik in 1957 and works to ensure the country is always prepared to “face a strategic technical surprise.” QBI’s goal is to... The initiative is currently in stage A. One of the world's leading banks revealed it will commit billions to 27 key areas of investment, including quantum computing.

Rigetti and other pure-play quantum stocks flew higher on the news. Shares of Rigetti Computing (NASDAQ: RGTI) soared on Monday, finishing up 25%. The spike came as the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 1.5% and 2.2%, respectively. The quantum computing stock surged after JPMorgan Chase revealed plans to invest $10 billion in various industries and technologies under its broad "Security and Resiliency Initiative" aimed at boosting U.S. economic and technological leadership. Quantum computing was among the 27 areas targeted.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Bullish comments on quantum computing’s potential from Microsoft's CEO boosted quantum stocks. CEO Satya Nadella called quantum computing "the next big accelerator" in the cloud. Investors should remain cautious; quantum technology’s commercial viability could still be a long way off.

Shares of Rigetti Computing (NASDAQ: RGTI) are jumping on Thursday. The quantum computing start-up's stock rose 4.8% as of 3:30 p.m. ET, but was up as much as 12.6% earlier in the day. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 0.2%. Rigetti and other quantum stocks saw a boost after Microsoft's earnings call, in which the tech giant's CEO called out quantum computing as "the next big accelerator" in cloud computing.

People Also Search

Rigetti Computing Inc (NASDAQ:RGTI) Is Trading Lower Friday Afternoon, Marking

Rigetti Computing Inc (NASDAQ:RGTI) is trading lower Friday afternoon, marking a reversal after a surge earlier in the week driven by retail momentum and sector-wide optimism. The recent volatility comes amid a classic Santa Rally, where retail investors earlier this week rotated into high-beta quantum stocks while institutional trading desks thin out for the holidays. What To Know: Earlier gains ...

20 And New Year’s Allow Retail Sentiment To Move Small-cap

20 and New Year’s allow retail sentiment to move small-cap stocks more aggressively. While retail investors likely drove the stock higher earlier in the week on the belief that the “quantum age” could arrive by 2026, Friday’s downturn suggests a pause in the momentum as the holiday... One of the world's leading banks revealed it will commit billions to 27 key areas of investment, including quantum...

The Quantum Computing Stock Surged After JPMorgan Chase Revealed Plans

The quantum computing stock surged after JPMorgan Chase revealed plans to invest $10 billion in various industries and technologies under its broad "Security and Resiliency Initiative" aimed at boosting U.S. economic and technological leadership. Quantum computing was among the 27 areas targeted. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best sto...

A Wall Street Firm Maintained Its Buy Rating On The

A Wall Street firm maintained its buy rating on the stock and raised its price target. This article first appeared on our U.S. website. Shares of Rigetti Computing (NASDAQ: RGTI) were trading 10% higher as of 3 p.m. ET Monday, after a Wall Street analyst raised his price target on the stock and reiterated a buy rating for the quantum computing company. Needham analyst Quinn Bolton increased his pr...

Bolton Believes There Is Momentum In The Quantum Computing Sector.

Bolton believes there is momentum in the quantum computing sector. He is specifically watching the Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmark Initiative (QBI) and a pending bill in Congress called the Department of Energy Quantum Leadership Act. An independent research and development (R&D) agency stashed within the U.S. Department of Defense, DARPA was created in respon...