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
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
Physical Qubits
108
2Q Gate Fidelity
99.1%
1Q Gate Fidelity
99.9%
Hardware Type
Physical Qubits (Superconducting, Modular Chiplet)
Cloud Access
Roadmap Target
Lyra (336 qubits, late 2026 narrow advantage target); 1,000+ qubits by end of 2027; utility-scale ~2027โ2029
Cepheus-1-108Q (108 qubits, GA April 2026) uses a modular 12ร9-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
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
Low Target
$15.91
-25.5%
Median Target
$30.00
+40.4%
High Target
$40.00
+87.3%
Analyst Recommendations
Recommendation Trend
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Current | 1 | 8 | 3 | 1 | 0 | 13 |
| 1 mo ago | 1 | 8 | 3 | 1 | 0 | 13 |
| 2 mo ago | 1 | 8 | 3 | 1 | 0 | 13 |
| 3 mo ago | 1 | 8 | 2 | 1 | 0 | 12 |
Current Ratings by Analyst (7 firms)
Source: Finnhub ยท most recent rating per firm
Consensus Target History
Solid = mean ยท dashed = high/low range ยท horizontal line = current price