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Why Rigetti Computing Stock Soared In September 2025

Bonisiwe Shabane
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why rigetti computing stock soared in september 2025

Written by Anders Bylund for The Motley Fool-> Rigetti's stock soared 84% in September, dramatically outperforming other quantum computing peers. Despite the exciting developments, companies like Rigetti remain years away from sustainable profits. Shares of Rigetti Computing (NASDAQ: RGTI) skyrocketed 83.6% in September, according to data from S&P Global Market Intelligence. Quantum computing stocks generally surged last month, with gains ranging from Quantum Computing's 17% jump to D-Wave Quantum's 58% spurt, but they couldn't keep up with Rigetti. Where to invest $1,000 right now?

Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Summary: 1. Rigetti Computing’s stock jumped 84% in September, surpassing other quantum stocks. 2. The surge was driven by government contracts and quantum orders, including a significant deal with the U.S.

Air Force Research Laboratory. 3. Despite the market excitement, the long-term financial sustainability of quantum computing technology remains uncertain. Article: Rigetti Computing experienced a remarkable surge in its stock price during September, outperforming all other quantum stocks in the market. The company’s shares skyrocketed by an impressive 84%, far surpassing the gains seen by competitors such as Quantum Computing and D-Wave Quantum. This surge was fueled by a combination of government contracts and quantum orders that drove investor optimism in the company’s future prospects.

One of the key drivers behind Rigetti’s market-moving momentum was a three-year contract with the U.S. Air Force Research Laboratory. This partnership aims to explore superconducting quantum networking, a cutting-edge technology that enables the transfer of quantum data over long distances, resulting in faster and more accurate data processing. Additionally, Rigetti secured two purchase orders for its advanced Novera systems, further boosting its stock price. While Rigetti’s recent successes have garnered attention and excitement in the quantum computing industry, it is essential to consider the risks associated with investing in this rapidly evolving sector. Despite the substantial increase in the company’s market capitalization following the recent contracts, the long-term profitability of quantum computing technology remains uncertain.

Investors should approach these developments with caution, recognizing the challenges and uncertainties that lie ahead. As the quantum computing landscape continues to evolve, companies like Rigetti face significant risks on their path to commercial success. While the allure of high returns may be tempting, investors should exercise prudence and consider the long-term viability of these technologies. By staying informed and vigilant, investors can navigate the complex and dynamic world of quantum computing with a balanced perspective on risk and reward. JPM Quick QuoteJPM IBM Quick QuoteIBM GOOGL Quick QuoteGOOGL RGTI Quick QuoteRGTI You follow Tirthankar Chakraborty - edit

Rigetti Computing, Inc.’s (RGTI Quick QuoteRGTI - Free Report) shares have gained more than 2,800% in the past year as investors showed excitement over its quantum breakthroughs. However, Rigetti’s weak fundamentals and lofty valuation raised doubts about its future growth trajectory and how investors should position themselves toward the stock. Let’s see in detail – Rigetti's shares have soared over the past year as the company secured major contracts and made significant progress in advanced quantum computing technology. Rigetti's 36-qubit quantum system achieved 99.5% accuracy in key operations, marking a breakthrough toward developing a 100+ qubit chiplet-based system by the year's end. Rigetti signed a $5.8 million deal with the U.S.

Air Force Research Laboratory to further develop quantum networking technology. It also received orders for two 9-qubit Novera quantum computing systems worth nearly $5.7 million, scheduled for delivery next year. Rigetti Computing (NASDAQ: RGTI) stock surged to an all-time high after announcing a $5.8 million, three-year contract from the Air Force Research Laboratory to advance superconducting quantum networking. This news, along with a recent deal from quantum computing peer IonQ, is boosting investor confidence in the potential of quantum technologies. Investors are recognizing the legitimacy and practicality of quantum computing, leading to increased interest in quantum computing stocks like Rigetti. Practical applications, such as secure communications, are driving this interest.

However, investors should be aware of the risks and potential volatility associated with investing in this emerging technology sector. While Rigetti Computing’s stock saw significant gains, it’s worth noting that the Motley Fool Stock Advisor’s top 10 stock picks did not include Rigetti. The top 10 stocks identified by the analyst team have the potential to generate substantial returns in the future, demonstrating the importance of thorough research and investment strategy in the stock market. Stock Advisor’s impressive average return of 1,056% highlights the market-crushing outperformance compared to the S&P 500. By staying informed and following expert recommendations, investors can make well-informed decisions to maximize their investment returns and navigate the dynamic stock market landscape effectively. Read more at Yahoo Finance: Why Rigetti Computing Stock Soared Today

Quantum computing companies like Rigetti Computing (RGTI), D-Wave Quantum (QBTS) and IonQ Inc. (IONQ) are charging higher in September, repeating a scene that the market saw in November of 2024 when some of these stocks saw 500%+ returns in just months. Quantum computing has long been the tech world’s favorite punchline, always 15-20 years away. But while CEOs slap “AI-powered” on everything they touch, quantum engineers are delivering breakthroughs that suggest “15 years away” is finally turning into “next quarter.” Microsoft recently announced a new state of matter for quantum systems. Google built a machine that completed, in five minutes, a task that would take today’s best supercomputers longer than the age of the universe.

IBM now promises a fault-tolerant quantum computer by 2029—cutting the classic five-year timeline down to four. Rigetti's stock soared 84% in September, dramatically outperforming other quantum computing peers. Despite the exciting developments, companies like Rigetti remain years away from sustainable profits. Shares of Rigetti Computing (NASDAQ: RGTI) skyrocketed 83.6% in September, according to data from S&P Global Market Intelligence. Quantum computing stocks generally surged last month, with gains ranging from Quantum Computing's 17% jump to D-Wave Quantum's 58% spurt, but they couldn't keep up with Rigetti. Where to invest $1,000 right now?

Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The stocks mentioned above often move as a group. When one quantum computing expert announces a technology breakthrough, all of them bask in that glory for a while. Rigetti’s stock soared 84% in September, dramatically outperforming other quantum computing peers. Despite the exciting developments, companies like Rigetti remain years away from sustainable profits.

Shares of Rigetti Computing (NASDAQ: RGTI) skyrocketed 83.6% in September, according to data from S&P Global Market Intelligence. Quantum computing stocks generally surged last month, with gains ranging from Quantum Computing‘s 17% jump to D-Wave Quantum‘s 58% spurt, but they couldn’t keep up with Rigetti. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The stocks mentioned above often move as a group.

When one quantum computing expert announces a technology breakthrough, all of them bask in that glory for a while. Shares of Rigetti Computing (NASDAQ: RGTI) skyrocketed 83.6% in September, according to data from S&P Global Market Intelligence. Quantum computing stocks generally surged last month, with gains ranging from Quantum Computing's 17% jump to D-Wave Quantum's 58% spurt, but they couldn't keep up with Rigetti. The stocks mentioned above often move as a group. When one quantum computing expert announces a technology breakthrough, all of them bask in that glory for a while. © All rights reserved.

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Rigetti Computing (NASDAQ:RGTI) has become a quantum computing poster child, soaring from obscurity to a $10 billion valuation in mere years. As quantum tech inches closer to practical applications — things like drug discovery or unbreakable encryption — RGTI’s stock has caught fire. Over the past month, shares have more than doubled, climbing from below $15 to over $31 per share. This isn’t just about tech progress; it’s also meme stock mania. Retail traders, buzzing on X and Reddit, are chasing quantum’s “next AI” allure, echoing GameStop’s (NYSE:GME) 2021 frenzy. Yesterday, RGTI stock jumped another 11% on no specific news, but an analyst at B.

Riley had hiked his price target hike two days prior from $19 to $35 per share, helping to fuel the momentum. With quantum computing blending breakthrough potential and speculative fever, RGTI’s rise is a high-stakes bet on a future still in the lab. Can it sustain this orbit, or is gravity calling? Rigetti’s string of wins keeps the hype alive. Earlier this month, a $5.8 million Air Force Research Laboratory (AFRL) contract paired RGTI with Dutch quantum networking pioneer QphoX, eyeing scalable systems akin to classical supercomputers. Another Air Force deal — a five-year qubit fabrication contract — ensures steady R&D funding.

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