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An announcement from Rigetti Computing ( (RGTI) ) is now available.
On July 16, 2025, Rigetti Computing announced it achieved a significant milestone by reaching a 99.5% median two-qubit gate fidelity on its modular 36-qubit system. This achievement marks a 2x reduction in error rate compared to their previous 84-qubit system, indicating a substantial improvement in their quantum computing capabilities.
The most recent analyst rating on (RGTI) stock is a Buy with a $3.50 price target. To see the full list of analyst forecasts on Rigetti Computing stock, see the RGTI Stock Forecast page.
Spark’s Take on RGTI Stock
According to Spark, TipRanks’ AI Analyst, RGTI is a Neutral.
The overall stock score is heavily influenced by financial challenges, including declining revenue and profitability issues. Technical indicators suggest bullish momentum, but overbought signals and valuation concerns limit upside potential. Strategic initiatives and partnerships provide a positive outlook, but immediate financial pressures persist.
To see Spark’s full report on RGTI stock, click here.
More about Rigetti Computing
Rigetti Computing, Inc. operates in the quantum computing industry, focusing on developing quantum processors and systems. The company is known for its modular and scalable quantum computing solutions, aiming to advance computational capabilities and performance.
Average Trading Volume: 52,411,404
Technical Sentiment Signal: Buy
Current Market Cap: $4.84B
Find detailed analytics on RGTI stock on TipRanks’ Stock Analysis page.