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Why Rigetti Computing Stock Skyrocketed Today The Motley Fool

Bonisiwe Shabane
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why rigetti computing stock skyrocketed today the motley fool

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. Shares of Rigetti Computing (NASDAQ: RGTI) soared on Monday, finishing up 25%.

The spike came as the S 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. In the announcement, CEO Jamie Dimon said that American "security is predicated on the strength and resiliency of America's economy" and that the investments will help "modernize infrastructure, fortify supply chains, and implement policies... © All rights reserved.

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The company announced it has achieved a milestone in reducing its "gate errors." Rigetti is working on a promising technology, but investors should know it's many years from maturation. Shares of Rigetti Computing (NASDAQ: RGTI) are soaring on Thursday. The company's stock has jumped 28.9% as of 1:38 p.m. ET. The spike comes as the S&P 500 and Nasdaq Composite are mostly flat.

The quantum computing pioneer announced it has achieved a significant milestone in its development of commercially viable quantum computing. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » NEW YORK, Dec. 27, 2025, 2:06 p.m.

ET — Market Closed (Weekend) Rigetti Computing, Inc. (NASDAQ: RGTI) heads into the final trading days of 2025 on a volatile note after a sharp pullback in Friday’s post‑Christmas session. Shares ended Dec. 26 at $22.38, down $2.13 (‑8.69%), after trading as low as $22.33 and as high as $24.37. In after-hours trading, RGTI was last quoted around $22.46 (+0.36%) late Friday evening.

AAII+2Yahoo Finance+2 With U.S. markets closed for the weekend, investors now have a full news cycle to digest a wave of fresh commentary published over the past 24–48 hours—from “big money” ownership spotlights to sharply different 2026 forecasts—before... Friday’s drop stood out not only for its size, but for how quickly sentiment turned after earlier-week momentum in high‑beta “pure-play” quantum names. Benzinga described the move as a Friday afternoon reversal following a surge earlier in the week, attributing the volatility to a mix of retail-driven momentum, sector-wide optimism, and thinner institutional participation during the holiday... Benzinga

Rigetti Computing stock defied the market's bearish momentum today. Rigetti stock has gotten a big boost from analyst coverage earlier this week. Some investors may be betting that quantum computing tech will play a rising role in the competition between the U.S. and China. Rigetti Computing(NASDAQ: RGTI) stock managed to close Thursday's trading with strong gains despite moderately bearish momentum for the broader market. The company's share price jumped 9% in the daily session despite the S&P 500 falling 0.3% and the Nasdaq Composite declining 0.1%.

The stock had been up as much as 11.5% on the day before giving up some of its gains. Quantum computing stocks generally saw positive momentum in today's trading. Rigetti Computing benefited from the trend. The stock may have also gotten a boost from analyst coverage issued earlier this week and geopolitical developments. 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 »

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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...

The Spike Came As The S 500 (SNPINDEX: ^GSPC) And

The spike came as the S 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 amo...

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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.

The Company Announced It Has Achieved A Milestone In Reducing

The company announced it has achieved a milestone in reducing its "gate errors." Rigetti is working on a promising technology, but investors should know it's many years from maturation. Shares of Rigetti Computing (NASDAQ: RGTI) are soaring on Thursday. The company's stock has jumped 28.9% as of 1:38 p.m. ET. The spike comes as the S&P 500 and Nasdaq Composite are mostly flat.