Rigetti Computing is upgraded to Buy as catalysts like DARPA's QBI program and Rigetti's advancements boost its growth prospects. Rigetti's progress toward a 100-qubit, >99.5% fidelity system positions it for lucrative DARPA Stage B grants, potentially improving revenue. Valuation remains attractive, with potential for a 33% upside if book value multiples expand to historical averages, targetin...
Shares of quantum computing company Rigetti Computing (RGTI 13.78%) soared as much as 20% in early trading on Friday before giving back about half its gains -- all on no obvious news.
BERKELEY, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has signed a Memorandum of Understanding (MOU) with the Centre for Development of Advanced Computing (C-DAC), India's premier R&D organization of the Ministry of Electronics and Information Technolo...
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