What’s Behind the Surge in Rigetti (RGTI) Stock Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 21 2025
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Source: Yahoo Finance
Contract with U.S. Air Force: Rigetti Computing's stock surged 15% after securing a three-year, $5.8 million contract with the U.S. Air Force to advance superconducting quantum networking technology, highlighting the importance of U.S. leadership in quantum information science.
Market Performance and Analyst Outlook: Despite a significant year-to-date stock increase of over 2,400% and reaching an all-time high, Rigetti's financial results were mixed, with Q2 revenue slightly below forecasts. Analysts remain optimistic, with price targets being raised and continued support for the company's growth strategy.
Analyst Views on RGTIW
Wall Street analysts forecast RGTIW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTIW is USD with a low forecast of USD and a high forecast of 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.
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Current: 13.660
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Current: 13.660
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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.
