Why Rigetti Computing Stock Soared In September 2025 G6
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. 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. 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.
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. 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 » Rigetti’s stock has been on a tear in 2025, with its ascent accelerating dramatically in recent weeks. On September 22, shares reached an intraday high of $29.59, marking a fresh 52-week peak Marketbeat.
This is a remarkable climb considering RGTI traded in the low-teens just a month prior. In fact, since late August, the stock has more than doubled, rising about 100% in under a month 247Wallst. Over a slightly longer span – mid-August to now – Rigetti is up roughly 85%, vaulting from around $12 to the high-$20s 247Wallst. Year-to-date, the gains are even more striking: TipRanks data showed RGTI up ~42% for 2025 before the latest spike Tipranks, and on a year-over-year basis the stock has skyrocketed by an almost unbelievable 3,300%... Such explosive growth hints that Rigetti may have been a heavily beaten-down name that caught fire as investor sentiment flipped to optimism on quantum computing. The trading activity behind this rally has been intense.
On the day it hit new highs, volume spiked to over 86.9 million shares, far above the typical daily turnover (average volume is around 46 million) Marketbeat Tipranks. This suggests a surge of interest from both retail traders and possibly institutional buyers, as well as short-sellers potentially getting squeezed. The stock’s market capitalization now stands near $9.2–$9.3 billion Carboncredits Tipranks – a lofty valuation for a company with annual revenues still in the single-digit millions. For context, Rigetti’s market cap puts it in small- to mid-cap territory and in league with some established tech firms, despite its status as a pre-commercial venture. Rigetti’s rally has far outpaced the broader indices. The S&P 500 and Nasdaq are roughly flat to modestly up in recent weeks, whereas RGTI has delivered multi-bagger returns in a matter of days.
It’s also instructive to compare Rigetti’s performance with that of its quantum computing peers. IonQ (NYSE: IONQ), often considered the leading pure-play quantum stock, saw its shares rocket from about $37 in mid-August to around $70 by mid-September 247Wallst, buoyed by its own positive news (more on that... D-Wave Quantum (NYSE: QBTS) likewise jumped from roughly $15 to $27 in that period 247Wallst. Rigetti’s move from ~$12 to ~$28 puts it in the same league with an ~80–90% jump 247Wallst. In short, an entire basket of quantum tech stocks has been on fire, indicating that Rigetti’s surge is part of a broader sector-wide rally in quantum computing names. Several factors have driven Rigetti’s stock performance.
One is undoubtedly momentum and market buzz – as the price started climbing, more investors took notice, and the fear of missing out (FOMO) kicked in. On forums and social media, Rigetti has trended as a “retail trader” favorite in tech recently Stocktwits. However, there are concrete triggers behind the move as well. Notably, on September 18, Rigetti announced a major government contract (discussed below) which immediately lit a fire under the stock, with shares jumping about 14% that day 247Wallst. Just a few days later, on September 22, a prominent Wall Street analyst issued a dramatically higher price target, which further catalyzed buying interest Marketbeat. This one-two punch of positive news helped propel RGTI to its new highs.
It hasn’t been a smooth ride straight up – the stock saw high volatility along the way. For instance, on September 22, Rigetti’s share price initially fell as much as 11% in early trading amid a broader market downdraft (investors were spooked by rising Treasury yields that morning, which often hurt... But remarkably, Rigetti reversed those losses and swung to a 2% gain by midday once the analyst upgrade news spread Nasdaq. This intra-day whipsaw underscores how sensitive RGTI is to news and market sentiment – it can plunge or soar rapidly depending on the narrative of the day. In late September, the narrative has been largely bullish, overwhelming any macroeconomic concerns. Rigetti Computing announced a new $5.8 million deal today.
It wasn't the only deal in the sector moving quantum computing stocks. Rigetti Computing (NASDAQ: RGTI) stock soared Thursday morning after the company announced a new deal. The news sent Rigetti shares to an all-time high. Shares of the developer and builder of quantum computing systems were up by 14.1% near the session high, as of 11:53 a.m. ET. Rigetti announced today that it was awarded a new three-year contract worth $5.8 million.
It wasn't the only deal in the quantum computing space that has the stock and its peers moving higher today. 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 »
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Rigetti’s Stock Soared 84% In September, Dramatically Outperforming Other Quantum
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 rang...
Continue » The Stocks Mentioned Above Often Move As A
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 Computin...
When One Quantum Computing Expert Announces A Technology Breakthrough, All
When one quantum computing expert announces a technology breakthrough, all of them bask in that glory for a while. © 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
More infos can be found in our Privacy declaration. If you disagree this service is only available in very limited ways. 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 ...
Let’s See In Detail – Rigetti's Shares Have Soared Over
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....