Rigetti Computing, Inc. Common Stock
RGTIRigetti Computing, Inc. is a quantum computing company focused on developing and delivering quantum hardware and software solutions. Founded in 2013, it aims to build scalable quantum processors and cloud-based quantum computing platforms to advance research and practical applications across various industries.
Company News
The article analyzes D-Wave Quantum's potential in the quantum computing market, concluding that despite industry growth projections, the company is unlikely to generate massive returns due to market limitations and intense competition.
Quantum computing stocks experienced a significant market correction in November 2025, with companies like IonQ, Rigetti, D-Wave, and Quantum Computing seeing steep declines due to financial pressures, low revenues, and shifting market sentiment.
GraniteShares launched two new ETFs (RGYY and QBYY) focused on quantum computing companies Rigetti Computing and D-Wave Quantum, designed to generate income through options strategies on leveraged ETFs.
The market is experiencing a significant pullback in speculative and high-risk tech sectors, with quantum computing, nuclear, and crypto stocks facing substantial declines while blue-chip indices remain relatively stable.
Rigetti Computing (RGTI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
