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The latest update is out from Rigetti Computing ( (RGTI) ).
On January 20, 2026, Rigetti Computing announced an $8.4 million order from India’s Centre for Development of Advanced Computing (C-DAC) for a 108-qubit quantum computer that will be installed on-premises at C-DAC’s Bengaluru center, with deployment planned for the second half of 2026. The system will feature Rigetti’s proprietary chiplet-based architecture and marks the first quantum computer to be integrated into C-DAC’s supercomputing data center, reinforcing Rigetti’s role in supplying state-of-the-art, on-premises quantum systems to national research institutions. This contract deepens Rigetti’s existing relationship with C-DAC, following a September 2025 memorandum of understanding to co-develop hybrid quantum computing systems, and underscores growing government demand for hybrid classical-quantum supercomputing infrastructure as part of broader national quantum technology initiatives.
The most recent analyst rating on (RGTI) stock is a Buy with a $50.00 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 score is held down primarily by weak financial performance (declining revenue, sizable losses, and negative cash flow). Technicals are mixed and do not provide a clear momentum tailwind. The earnings call adds some support via a strong cash position and contract momentum, but this is tempered by margin pressure, higher spending, and recent execution risk from the product-delay corporate event.
To see Spark’s full report on RGTI stock, click here.
More about Rigetti Computing
Rigetti Computing is a pioneer in full-stack quantum computing that builds superconducting qubit-based systems, offering both on-premises quantum computers ranging from 9 to 180 qubits and cloud access via its Quantum Cloud Services platform for enterprise, government, and research clients. The company’s Cepheus 36-qubit to 108-qubit systems use proprietary chiplet-based architecture and in-house manufactured processors from its Fab-1 facility, targeting high-speed, scalable quantum-classical infrastructure for national laboratories and quantum computing centers.
Average Trading Volume: 46,634,358
Technical Sentiment Signal: Buy
Current Market Cap: $8.46B
Find detailed analytics on RGTI stock on TipRanks’ Stock Analysis page.