Archived explainer. For the current picture see today's RGTI page.
RIGETTI COMPUTING IN (RGTI) is up +10.53% in the latest session. Our newswire has captured 18 stories on RGTI across 10 sources in the last 36 hours, with AI sentiment reading bullish (avg 61/100).
RGTI stock is up 10.53% to $15.64 in a session driven by renewed investor interest in the quantum computing sector. The rally follows a wave of positive coverage from analysts and news of Rigetti's ongoing collaboration with HPE and the Pittsburgh Supercomputing Center. Benchmark has reinstated coverage of quantum computing stocks, including Rigetti, with a favorable outlook for the industry's growth potential.
Rigetti Computing's stock surged as quantum computing firms gained attention from analysts and media outlets. Benchmark, a key industry analyst firm, has issued "Buy" ratings for Rigetti, IonQ, and D-Wave, emphasizing that 2025, 2026 will be critical years for the sector's legitimacy. The firm also projected the quantum computing industry could generate $1.5 billion in revenue by 2026. Rigetti is also making progress in its collaboration with HPE and the Pittsburgh Supercomputing Center, where it is developing a 9-qubit hybrid quantum-classical system as part of a $5 million project. These developments have drawn investor attention and contributed to the stock’s upward momentum.
Over the last eight sessions, RGTI has risen 7.3% from $14.57 to $15.64. The stock remains within its 52-week range of $12.53 to $58.15. Insiders have been active sellers, with six transactions totaling $20.2 million in the last 90 days, most recently on June 22. The company has a market cap of $4.7 billion, but it remains unprofitable with a trailing twelve-month EPS of -0.86. Despite a recent revenue increase of 8.8% TTM, the stock's high beta of 1.96 reflects its volatility and sensitivity to sector trends.
Rigetti Computing does not have an upcoming earnings date. Investors should monitor the breadth of analyst coverage and the progress of its hybrid quantum-classical projects with HPE and the Pittsburgh Supercomputing Center for potential catalysts.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.
Quantum computing stocks D-Wave Quantum ($QBTS) and Rigetti Computing ($RGTI) rallied 18% and 10.3%, respectively, on Monday (at the time of writing) after QBTS ann...
Benchmark projects the quantum industry should generate roughly $1.5 billion in revenue in 2026.
Benchmark restarts quantum computing coverage: Buy ratings for Rigetti, IonQ, and D-Wave, with 2025–2026 as key legitimacy years.
Quantum computing stocks may be the future -- but how far in the future are quantum profits?
Rigetti Computing deepens its collaboration with HPE and Pittsburgh Supercomputing Center to deliver a cutting-edge 9-qubit quantum computing system, as part of a $5 million project to advance hybrid quantum-classical supercomputing for research and education.
Benchmark said multiple quantum hardware platforms can succeed as enterprise adoption expands, reducing the likelihood of a single dominant player emerging.
Benchmark Co. analyst Gary Mobley reinstated coverage of quantum computing stocks, including IonQ ($IONQ), Rigetti Computing ($RGTI), and D-Wave Quantum ($QBTS), as...
Rigetti and HPE team up on NSF-funded TangleLab hybrid quantum-classical supercomputer at PSC.
More on RGTI: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier RGTI move explainers: 2026-07-28 · 2026-07-27