Quantum Market Cap
RGTI

Rigetti Computing

RGTISuperconducting
$21.36โ–ฒ+5.51%(+$1.11)
1W โ–ฒ+1.81%1M โ–ผ-3.09%1Y โ–ฒ+93.13%
Price History
Compare vs
Jun 12Jun 15Jun 16Jun 17Jun 18Jun 20$20$22$24
Key Statistics

Market Capโ“˜

$7.10B

Cash Runwayโ“˜

82 mo

52W Highโ“˜

$58.15

52W Lowโ“˜

$10.30

2Y Highโ“˜

$58.15

-63.3% below 2Y high

RSI (14-day)โ“˜

50.1

Neutral

Beta (1Y vs SPY)โ“˜

0.85

Below Market

Next Earningsโ“˜

Aug 10, 2026

in 51 days

Daily Short Vol %โ“˜

59.7%

2026-06-18

About Rigetti Computing

Rigetti Computing is a full-stack quantum-classical computing company using superconducting qubits. It fabricates its own chips at Fab-1 and provides cloud access through Quantum Cloud Services (QCS).

Sector

Semiconductors

Industry

Semiconductors

Founded

2013

Headquarters

Berkeley, CA

Shares Outstanding

332.3M

Quantum Division

https://www.rigetti.com/technology

Visit โ†—

Quantum Technology

Physical Qubits

108

2Q Gate Fidelity

99.1%

1Q Gate Fidelity

99.9%

Hardware Type

Physical Qubits (Superconducting, Modular Chiplet)

Cloud Access

AWS BraketQCS (Direct API)Azure Quantum (planned)

Roadmap Target

Lyra (336 qubits, late 2026 narrow advantage target); 1,000+ qubits by end of 2027; utility-scale ~2027โ€“2029

Cepheus-1-108Q (108 qubits, GA April 2026) uses a modular 12ร—9-qubit chiplet architecture โ€” the industry's largest modular quantum computing system. ~60 ns gate speed. 99.1% median 2Q fidelity; 99.9% demonstrated on adiabatic CZ gate prototype. Rigetti measures performance via CLOPS (Circuit Layer Operations Per Second). Ankaa-3 (84Q) was the prior GA system (Dec 2024).

Competing Approaches

Big tech companies using the same Superconducting approach

Superconducting

Willow chip achieved below-threshold error correction (Dec 2024); demonstrated quantum supremacy benchmark 10^25ร— faster than classical

Useful quantum computing beyond classical simulation by 2029

Willow

105

qubits

Nighthawk 120-qubit processor (Nov 2025) with 218 tunable couplers targets quantum advantage by end of 2026; experimental Loon chip (112 qubits) demonstrates fault-tolerant hardware building blocks

Quantum advantage by end of 2026; fault-tolerant Starling system 2029; 100,000+ qubit system by 2033

Nighthawk

120

qubits

Static data ยท These are diversified companies โ€” not pure-play quantum investments ยท Updated Apr 2025

Quantum Sector Market Cap Share

10.6% of sector
IONQ$21.10B31.4%
QNT$18.20B27.1%
QBTS$9.14B13.6%
RGTI$7.10B10.6%
XNDU$3.98B5.9%
INFQ$2.95B4.4%
QUBT$2.43B3.6%
HQ$1.65B2.5%
ARQQ$414M0.6%
QSI$218M0.3%

Analyst Price Targets

12 analystsBuy

Low Target

$15.91

-25.5%

Median Target

$30.00

+40.4%

High Target

$40.00

+87.3%

$15.91 low+36.9% to mean$40.00 high

Analyst Recommendations

Strong Buy (1)Buy (8)Hold (3)Sell (1)

Recommendation Trend

PeriodStrong BuyBuyHoldSellStrong SellTotal
Current1831013
1 mo ago1831013
2 mo ago1831013
3 mo ago1821012

Current Ratings by Analyst (7 firms)

RosenblattBuy
reiterated2026-06-11
MizuhoOutperform
reiterated2026-05-12
NeedhamBuy
reiterated2026-05-12
BenchmarkBuy
reiterated2026-03-20
B. Riley SecuritiesBuy
upgrade2026-01-22
WedbushOutperform
reiterated2026-01-21
JefferiesHold
initiated2025-12-16

Source: Finnhub ยท most recent rating per firm

Consensus Target History

05/0605/0705/1105/1205/1305/1505/1605/2705/2805/2905/3006/0406/0506/0606/0706/0906/1006/1106/1206/1306/1606/1706/1806/1906/20$14$22$30$43Price

Solid = mean ยท dashed = high/low range ยท horizontal line = current price