Rigetti Computing ( (RGTI) ) has fallen by -16.12%. Read on to learn why.
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Trade RGTI with leverageRigetti Computing shares dropped 16.12% over the past week as investor enthusiasm around quantum computing collided with some harsh financial realities. The slide followed a weak fourth-quarter earnings report, where the company posted a significant revenue shortfall and a steep $216.2 million net loss for the year. That raised fresh concerns about Rigetti’s heavy cash burn and the long, uncertain path to making its quantum technology commercially profitable.
Options trading activity underscored this growing caution. While overall options volume stayed near typical levels, put–call skew steepened and demand for downside protection picked up, signaling that traders are increasingly positioning for further weakness in the stock. Implied volatility remains elevated, reflecting expectations of big daily price swings even as it sits in the lower end of its one-year range, suggesting the market has already priced in a good deal of risk.
At the same time, the story is not entirely one‑sided. Rigetti Computing has outlined ambitious expansion plans, including a commitment to invest up to $100 million in the UK and deploy a 1,000‑qubit system within three to four years, aligning with the UK government’s multibillion‑pound quantum push. And despite recent target cuts from some firms, the analyst consensus still skews bullish, with several top-rated analysts maintaining Buy ratings and projecting substantial upside from current levels—highlighting the classic high‑risk, high‑reward profile that continues to define this quantum computing pioneer.