Rigetti Computing (RGTI) Stock Up 61% Year-to-Date, Attracts Major Investments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- Investment Surge: SEC filings reveal that Vanguard acquired 22.8 million shares on June 30, 2025, and an additional 9.2 million shares on September 30, indicating strong institutional interest in quantum computing, which could further drive the company's stock price upward.
- Asset Management Activity: Blackrock purchased 15 million shares on March 30, 2025, and added 5.7 million more on June 30, reflecting confidence from major asset management firms in Rigetti, potentially influencing market perceptions of the quantum computing sector.
- Market Performance: As of December 24, Rigetti's stock has risen 61% year-to-date, with a current price of $22.38 and a market cap of $8.1 billion, showcasing investor optimism about the future potential of quantum computing.
- Financial Risks: Despite attracting significant investments, Rigetti reported a net loss of $351 million and trailing revenue of only $7.5 million, highlighting profitability risks under its high valuation, prompting investors to carefully assess risk versus reward.
RGTI
$22.38+Infinity%1D
Analyst Views on RGTI
Wall Street analysts forecast RGTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTI is 40.60 USD with a low forecast of 35.00 USD and a high forecast of 51.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 24.510
Low
35.00
Averages
40.60
High
51.00
Current: 24.510
Low
35.00
Averages
40.60
High
51.00
About RGTI
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





