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Rigetti's Stock Soars, But Analysts Warn of Risks

1/28/2026

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Summary

Story summary

Rigetti Computing's stock has been volatile since its SPAC debut, rising from $0.38 to $56.34 before settling around $22.
Analysts express mixed views on its future.
Bulls cite ambitious plans to launch new quantum systems and 168% revenue growth in 2026.
Bears say the stock is overvalued at 160 times projected sales and point to competition from newer technologies plus concerns about older, costly technology and revenue declines.

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Story summary

Rigetti Computing's stock has been volatile since its SPAC debut, rising from $0.38 to $56.34 before settling around $22.
Analysts express mixed views on its future.
Bulls cite ambitious plans to launch new quantum systems and 168% revenue growth in 2026.
Bears say the stock is overvalued at 160 times projected sales and point to competition from newer technologies plus concerns about older, costly technology and revenue declines.