Contemplating a Purchase Amid a 48% Slump in Rigetti Computing Stock?
In the dynamic world of technology, the stock market for quantum computing companies is a fascinating arena, and Rigetti Computing is no exception. The Silicon Valley-based firm, founded in 2013, has been making waves in the quantum computing sector, developing solutions across a stack of technologies, from quantum chips and systems to software.
Current predictions and trends for Rigetti Computing's stock price suggest modest growth but also highlight some uncertainty and risk in the near future. According to one forecast, Rigetti's stock price started 2025 around $11.74 and has risen about 4% to approximately $12.25. The forecast expects a gradual increase to about $12.49 by the end of 2025 (+6% year-to-year change) and further climbing to $14.38 by the end of 2026 (+17% from the current price). Short-term monthly projections show a slow but steady increase throughout 2025 reaching around $12.48 by mid-July.
However, another forecast offers a higher target for late 2025, predicting Rigetti stock could start December 2025 around $17.35, with a maximum near $19.09 and a minimum around $16.27, indicating potential for a notable rise during the year.
Despite the promising forecasts, some market analysts regard betting on Rigetti reaching $20 per share by the end of 2025 as more speculative than a sure investment. The stock price movement is expected to be influenced heavily by announcements such as major contracts or technological breakthroughs in quantum computing, rather than steady fundamentals alone. Without such catalyst events, the stock may fluctuate along with the broader quantum computing sector sentiment.
Industry watchers acknowledge that while quantum computing stocks like Rigetti have upside potential, they remain highly volatile and sensitive to market hype and developments in the quantum and AI fields. The recent lag behind peers could be due to financial or fundamental challenges, but the sector outlook is cautiously optimistic, especially if AI trends drive more interest and investment into quantum technology.
Rigetti's systems rely on superconducting materials cooled nearly to absolute zero, and the company has been investing heavily in research and development, spending $50 million in 2024, and incurring $24 million in selling, general, and administrative expenses. Despite losing approximately half of its peak gains, Rigetti's stock is still up tenfold over the last year. Rigetti's stock returns showed a 52-week return of over 1,100%, despite share price drops between jumps.
Notable events such as a significant breakthrough in quantum computing error correction, which occurred five months later, caused Rigetti's stock to soar from roughly $1 to more than $21 per share in five weeks. However, the unprofitable operations, lofty valuation, and strong competition from well-heeled rivals suggest a potential lengthy downturn for Rigetti's investors.
Last summer, Rigetti's management stated that practical quantum computing is poised to happen in the next few years and have significant commercial potential. Rigetti Computing delivered its first quantum computing services in the cloud in 2017. The company considers Google, IBM, the Chinese government, and Nvidia as direct rivals in the quantum computing field.
Investors should weigh the speculative nature of the stock amid the evolving quantum computing market. The near-term trends for Rigetti Computing's stock indicate moderate price appreciation with upside potential contingent on significant positive industry developments or company-specific news. As the quantum computing sector continues to evolve, it will be interesting to see how Rigetti's stock price unfolds.
- In the dynamic world of technology, investing in Rigetti Computing's stock, a Silicon Valley-based quantum computing company, offers potential for growth, given the gradual increase predicted for the end of 2025 (+6% year-to-year change).
- However, the stock's volatility and sensitivity to market hype, financial challenges, and industry developments make it a risky venture, with some analysts viewing bets on a $20 per share price by the end of 2025 as more speculative.
- Despite the uncertainties, Rigetti Computing's heavy investment in research and development, such as the $50 million spent in 2024, could lead to significant breakthroughs in quantum computing, potentially driving the stock price upward and justifying the investment.
