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Rigetti Shares Surge After 36-Qubit Deal, Eyes 100-Qubit Processor

7/19/2026

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Rigetti Shares Surge
  • Rigetti Computing’s shares rose to $26.75 after breaking the $26.97 2.618 Fibonacci level, confirmed by a volume surge and bullish engulfing candles.
  • In Q1 2026 Rigetti delivered a 36-qubit system to a U.S. government client and earned $4.8 million, primarily from contracts.
  • The company plans to launch the Lyra processor with over 100 high-fidelity qubits in late 2026.
  • Fibonacci targets are $28.65, $29.91 and $31.36 with a stop-loss at $24.26.
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