Rigetti Computing Stock

last updated on

Rigetti Computing Stock

Rigetti Computing Stock Price Is Set To Decline

Quantum computing remains an attractive theme for investors. After all, it represents the next age of computing. So it's only natural to have the desire to buy quantum computing stocks while they are still in early stages.

Because once quantum computing hits mainstream, the stock prices of the relevant companies will skyrocket. However, it is also a reality that not all quantum computing stocks have a business that can justify the share price. One such company is Rigetti Computing.

Rigetti's Revenue Is Declining

Rigetti's revenue in 2025 was $7 million. This is a decline of almost 34% from the last year. Despite this, its market value is still in the billions. This easily puts the company's P/S ratio into the hundreds. A quick look at established tech companies shows their P/S ratio is in single or double digits at max.

So, it is clear that Rigetti Computing stock is overvalued. That's one of the key reasons why analysts think Rigetti Computing stock will go through a selloff in 2H2026.

Another risk faced by Rigetti is associated with dilution. The company can sell new shares in the open market directly without worrying about the share prices. Rigetti has already used this option to raise around $100 million.

The company also received $100 million from the US Federal quantum funding. By receiving this fund, Rigetti has now given an equity stake to the US government.

So, the number of shares is increasing, which will ultimately send the share prices lower. So, that's also yet another factor that will weigh on the Rigetti Computing stock prices.

With all things considered, it is safe to stay away from the Rigetti Computing stock for now. But once the share prices fall to more reasonable levels, then an entry can be considered.

It is also worth noting that Rigetti is years away from being profitable. So, if you do decide to take the risk of buying Rigetti, then you should keep this in mind.

Trending Stories