Is RGTI stock a buy right now?
As of early May 2025, Rigetti Computing Inc. (NASDAQ: RGTI) is trading near $9.14 on robust daily volume, averaging approximately 54.5 million shares—an unmistakable sign of sustained market attention toward quantum computing firms. The stock’s dramatic one-year rally, exceeding 590%, has recently entered a consolidation phase, with technical indicators showing neutrality and modest short-term trading ranges. Recent developments, including a strategic investment from Quanta Computer and award funding from U.S. and U.K. research agencies, underscore Rigetti’s growing validation among both industry and government stakeholders. These events, while inherently subject to sector volatility, demonstrate manageable execution risk given the company’s continued innovation and expanding partnership network. Market sentiment remains constructive: analysts widely cite Rigetti’s pioneering role in full-stack quantum computing as a source of significant upside. In a sector marked by rapid advances in AI and quantum technologies, Rigetti’s leadership and unique value proposition stand out. The consensus target price among more than 29 national and international banks is $11.90, reflecting confidence in Rigetti’s ability to capitalize on the accelerating adoption of advanced computing, even as the company navigates a path to consistent commercial viability.
- Leading pure-play quantum computing firm with proprietary technology and unique public market exposure.
- Strong government and research contracts, including DARPA and the U.S. Air Force.
- Solid strategic partnerships with top-tier hardware manufacturers and technology players.
- Operates world’s first dedicated quantum device manufacturing facility (Fab-1).
- Sector tailwinds driven by rising enterprise and government demand for quantum solutions.
- Company remains unprofitable with high cash burn typical of early-stage innovators.
- Quantum market still developing, with timeline to widespread commercial adoption uncertain.
- What is RGTI?
- How much is RGTI stock?
- Our full analysis on RGTI </b>stock
- How to buy RGTI stock in Canada?
- Buying Rigetti Computing (RGTI) Stock Online: Simple & Secure
- Our 7 tips for buying RGTI stock
- The latest news about RGTI
- FAQ
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At HelloSafe, our expert has been monitoring the performance of RGTI for over three years. Every month, hundreds of thousands of users across Canada rely on us to decode market trends and help identify the most promising investment opportunities. Our analyses are provided for informational purposes only and should not be taken as investment advice. Following our ethical guidelines, we have never received, and will never accept, any form of payment from RGTI.
What is RGTI?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | United States | US-based, subject to US regulations and geopolitical market influences. |
| 💼 Market | NASDAQ | Listed on NASDAQ, providing access to global tech-focused investors. |
| 🏛️ ISIN code | US76655K1034 | Unique global identifier for Rigetti Computing common stock. |
| 👤 CEO | Dr. Subodh Kulkarni | CEO since December 2022, brings deep semiconductor and quantum technology experience. |
| 🏢 Market cap | $2.62 billion | Reflects recent stock surge and high investor expectations in quantum computing. |
| 📈 Revenue | $10.79 million (2024) | Revenue decreased YoY; growth is reliant on commercialization of emerging quantum applications. |
| 💹 EBITDA | -$186.5 million (2024 est.) | Large negative EBITDA highlights ongoing R&D investments and lack of near-term profitability. |
| 📊 P/E Ratio (Price/Earnings) | Not applicable (unprofitable) | No P/E since net losses persist; future valuation relies on anticipated technology breakthroughs. |
How much is RGTI stock?
The price of RGTI stock is rising this week. RGTI is currently trading at $9.14 USD, up +3.04% (+$0.27) over the past 24 hours, and showing a strong weekly gain of approximately +17%. The company’s market capitalization now stands at $2.62 billion, with a robust 3-month average daily trading volume of 54.55 million shares.
RGTI does not currently have a P/E ratio, nor does it pay a dividend, and its beta is 1.42, signaling elevated volatility. Given these sharp price movements alongside significant sector momentum, investors should be mindful of both the opportunities and risks presented by this high-growth, high-volatility stock.
Compare the best brokers in Canada!Compare brokersOur full analysis on RGTI stock
Rigetti Computing (RGTI) has recently come under renewed investor scrutiny following its latest financial disclosure and the remarkable trajectory of its stock over the past three years. By synthesizing current financial indicators, price action, technical signals, comparative peer analysis, and sector data through our proprietary analytics engine, we offer a granular view into RGTI’s risk-reward profile as of early May 2025. So, why might RGTI stock once again become a strategic entry point into the quantum technology sector in 2025?
Recent Performance and Market Context
RGTI’s price momentum has been nothing short of spectacular. As of May 2025, the stock has surged to $9.14, marking a year-to-date gain of approximately 643%, and nearly 600% over the trailing twelve months. Notably, the past week alone saw a +17% move, substantial even by high-growth technology standards. Trading activity remains robust, with a 3-month average daily volume exceeding 54 million shares—signalling investor conviction and liquidity, even for large institutional positions.
Several drivers underpin this rally. The company’s recent investment from industry heavyweight Quanta Computer affirms industry confidence in RGTI’s full-stack quantum approach. Further, its selection for key government initiatives—such as the DARPA Quantum Benchmarking Initiative and a $5.48 million Air Force Office of Scientific Research award—demonstrates growing public sector support for Rigetti’s differentiated chip fabrication capabilities.
The broader sector context is equally constructive. As quantum computing takes centre stage among next-generation information technologies, a confluence of rising AI adoption, government funding, and shifting enterprise IT priorities has propelled the quantum theme squarely into investor focus. For Canadian and North American investors alike, a new wave of public and private capital is seeking exposure to this paradigm-shifting domain, frequently singling out pure-play quantum firms like Rigetti for their asymmetric upside potential.
Technical Analysis
From a technical standpoint, RGTI provides compelling entry signals. The current 14-day Relative Strength Index (RSI) sits around 53.7—well within neutral territory—implying neither overbought nor oversold conditions and, thus, room for further upward movement. Meanwhile, the Moving Average Convergence Divergence (MACD) at -0.11 hints at mild consolidation following an extraordinary run, but the price remains above key long-term moving averages, confirming an established positive trend structure.
Recent price action has respected robust support in the $8.75-$8.86 zone, underpinned by high volume accumulation across these levels. Overhead resistance between $9.30 and $9.35 represents the next hurdle; a clean break above could catalyze a renewed bullish phase. The market is currently digesting prior gains, with technical structure suggesting a classic base-building scenario that historically precedes the next leg higher in momentum-driven tech stocks.
Short-to-medium-term chart dynamics thus point to consolidation within a healthy uptrend—a setup that has often foreshadowed strong rallies, particularly when coupled with fundamental catalysts.
Fundamental Analysis
While Rigetti remains a pre-profit company, its fundamentals underscore a well-constructed growth story. The firm generated $10.79 million in revenue in 2024, marginally exceeding analyst projections for the latest quarter (Q4 revenue of $2.3 million surpassed estimates by over 5%). While annual revenues have declined slightly year over year, what stands out is Rigetti’s transition from research-focused R&D to commercial partnerships, as evidenced by contracts and joint ventures with blue-chip partners and government agencies.
It is important to contextualize current losses—$200.99 million in 2024—as necessary outlays in a high-barrier, early-stage field. RGTI’s capital allocation prioritizes quantum processor advancement, cloud-based quantum access, and chip-level innovation, all of which have long-tailed potential for exponential returns. With no meaningful price-to-earnings (P/E) ratio applicable, investors are focused on the price/sales metric and future addressable market—notably, Rigetti’s $2.62 billion market capitalization translates to a price/sales ratio that, while high by legacy tech standards, is not uncommon for first-mover deep tech businesses at the edge of commercial inflection.
- Technological edge: One of the world’s first dedicated quantum device fabs (Fab-1) places RGTI in a rare league, setting the foundation for scale.
- Full-stack innovation: RGTI delivers integrated quantum-classical systems—crucial for real-world sector adoption.
- Brand and partnerships: Recent Quanta Computer investment validates execution capability and global relevance.
With a “Strong Buy” analyst consensus and price targets 59% above present levels, the fundamental setup justifies meaningful renewed investor interest, especially as the quantum industry approaches commercial reality.
Volume and Liquidity
Liquidity is a clear hallmark of RGTI’s current appeal. A sustained three-month average daily volume of 54.55 million shares underscores broad institutional and retail participation. This high-volume pattern is typical of stocks in accumulation phases and provides price stability even amid substantial market swings.
Notably, the sizeable public float accommodates both short-term trading strategies and larger, conviction-driven positioning without major liquidity constraints. Historically, such robust turnover has coincided with dynamic valuation reratings in emerging tech segments, further reinforcing the case for upside amid continued sector rotation into quantum names.
Catalysts and Positive Outlook
- Fresh partnerships and funding: The Quanta Computer minority investment brings not just capital but strategic hardware expertise—an essential factor for global scale.
- Government recognition: Being tapped for high-profile initiatives, including the DARPA Quantum Benchmarking Initiative and significant U.S. Air Force research awards, anchors Rigetti’s reputation atop the innovation curve.
- Product pipeline: Every incremental advance in QPU (Quantum Processing Unit) capability—and cloud-based Quantum Computing-as-a-Service (QCaaS)—expands the addressable customer universe in sectors as diverse as pharmaceuticals, finance, cybersecurity, and logistics.
- ESG and sustainability positioning: As quantum technologies mature, there is growing interest in their potential to drastically reduce computational power consumption, a future-facing ESG narrative gaining traction with global funds.
- Favourable macro context: The North American technology ecosystem, particularly for quantum computing, continues to benefit from targeted regulatory incentives, an accelerating talent pipeline, and increasing capital flows seeking exposure to next-wave computing innovations.
In concert, these factors create a context ripe for positive surprises, as anticipated and unanticipated catalysts could trigger new phases of rerating.
Investment Strategies
- Short-term: Traders may view current consolidation within the $8.75-$9.30 band as a technically ideal entry, seeking confirmation of a breakout above near-term resistance for a strong momentum play. The continued high volume and volatility provide ample opportunity for nimble positioning.
- Medium-term: Medium-horizon investors could capitalize on announced and prospective product milestones, including new QPU releases, commercialization contracts, or government awards. Positioning ahead of earnings or major conference announcements may offer attractive upside.
- Long-term: As one of the few pure-play, publicly traded quantum computing companies, Rigetti presents a compelling avenue for investors aiming to capture the exponential expansion of the quantum sector. Strategic accumulation at technical lows, or during periods of temporary consolidation—such as now—can be especially effective in building a growth-centric portfolio.
The combination of technical strength, multi-pronged catalysts, and a strategic position at the intersection of industry and government innovation makes RGTI a highly differentiated candidate for portfolio inclusion.
Is it the Right Time to Buy RGTI?
The synthesis of technical structure, recent news flow, and robust market sentiment points to a compelling opportunity for further capital appreciation in RGTI. The stock stands out within the rapidly maturing quantum computing sector: its strategic partnerships, public recognition, unique technological infrastructure, and high-conviction analyst coverage form a foundation for sustained bullishness, even as volatility remains high.
With technical indicators suggesting a consolidation phase following an exceptional rally—and the company positioned at the heart of transformative, multi-billion-dollar industry trends—the fundamentals justify renewed interest. Investors seeking exposure to the next wave of disruptive computing innovation may find that conditions have rarely been more advantageous to accumulate positions ahead of anticipated product milestones and potential sector reratings.
Rigetti Computing thus seems to represent an excellent opportunity for those wishing to harness the growth of quantum technology, combining near-term technical stability and ambitious long-term vision—a dual attraction that merits serious consideration as the quantum investment story enters a new chapter in 2025.
How to buy RGTI stock in Canada?
Buying Rigetti Computing (RGTI) Stock Online: Simple & Secure
Purchasing RGTI shares online in Canada is straightforward, secure, and accessible, thanks to regulated online brokers subject to Canadian and U.S. securities oversight. As an investor, you have two main approaches: a direct (spot) purchase of RGTI shares to own them outright, or trading RGTI via Contracts for Difference (CFDs) for more flexible, leveraged exposure without physical ownership. Both methods are available through trustworthy online platforms. Each has unique features, fees, and risk profiles—explore our detailed broker comparison further down the page to find the best fit for your needs.
Spot Buying (Cash Purchase)
Cash buying means purchasing RGTI shares directly on the stock exchange. You become a registered shareholder and can hold or sell your shares at any time. Canadian brokers typically charge a fixed commission of around $5 to $10 per order (CAD), plus currency conversion fees if trading in U.S. dollars.
Important Example
Example: Suppose RGTI is trading at $9.14 USD and you want to invest $1,000 CAD. Assuming a conversion rate of 1.37 (CAD/USD), that’s about $730 USD after conversion and a $5 commission. With $725 USD available, you could buy approximately 79 shares ($725 / $9.14 ≈ 79 shares).
✔️ Gain scenario: If RGTI rises by 10% to $10.05 USD, your holdings are now worth about $795 USD. Result: +$70 USD gross gain—or roughly +10% on your investment.
Trading via CFD
CFD (Contract for Difference) trading allows you to speculate on RGTI’s price movements without owning the actual shares. CFDs are available through specialized brokers and offer the possibility to use leverage, amplifying both potential gains and losses. Instead of a fixed commission, you pay a spread (the difference between buy and sell prices), and overnight financing fees if you hold positions beyond one trading day.
Important Example
Example: With a $1,000 CAD deposit, you open a CFD on RGTI with 5x leverage, giving $5,000 of effective exposure.
✔️ Gain scenario: If RGTI’s price climbs by 8%, your position gains 8% × 5 = 40%. You make +$400 (before fees) from a $1,000 deposit. Be mindful—losses are also magnified, and fees can reduce returns if positions are held long-term.
Final Advice
Before investing in RGTI, it’s essential to compare the fees, features, and trading conditions between brokers—our detailed broker comparator further down the page will help you make an informed choice. Your strategy should reflect your financial goals: spot buying is ideal for long-term investors seeking direct ownership, while CFD trading suits those looking for flexibility and short-term opportunities—but with greater risks. Always choose the method that best aligns with your investment objectives and risk tolerance.
Our 7 tips for buying RGTI stock
| 📊 Step | 📝 Specific tip for RGTI |
|---|---|
| Analyze the market | Evaluate the quantum computing sector’s growth in North America and review the strong upward trend of RGTI within this context. |
| Choose the right trading platform | Select a Canadian broker that gives access to US markets (like NASDAQ) and supports purchases in USD for efficient RGTI trading. |
| Define your investment budget | Decide in advance how much to allocate to RGTI, considering its high volatility and ensuring you diversify beyond tech stocks. |
| Choose a strategy (short or long term) | For most Canadians, a long-term strategy fits RGTI’s profile, allowing time for its quantum innovations to mature. |
| Monitor news and financial results | Stay informed on RGTI’s quarterly earnings, technology milestones, and government contracts, as these impact stock direction. |
| Use risk management tools | Implement stop-loss orders or set portfolio alerts to manage downside risk, given RGTI’s rapid price swings and speculative profile. |
| Sell at the right time | Consider gradually taking profits on rallies or before expected periods of volatility, especially if RGTI releases key news. |
The latest news about RGTI
RGTI stock surged approximately 17% over the past week, demonstrating strong positive momentum. This impressive weekly performance is part of a broader trend, as RGTI has appreciated by over 640% in the last six months and nearly 600% over the past year, confirming robust investor interest and solidifying its position as one of the highest performing quantum computing stocks on the NASDAQ. Such remarkable growth highlights a marked shift in market sentiment and points toward increased demand for exposure to the quantum technology sector, which is closely watched by institutional investors in Canada for early opportunities in next-generation computing.
Rigetti Computing’s recent partnership developments, including a significant investment from Quanta Computer, strengthen its strategic outlook. This partnership with Quanta, a globally recognized technology manufacturer, has fueled optimism regarding the robustness of RGTI’s supply chain, scalability, and access to advanced hardware expertise. For Canadian investors and technology sector observers, alliances with major international players reduce operational risk and bolster Rigetti’s credibility as a key contender in the quantum computing space, which is receiving increasing attention from Canadian research and venture capital funds seeking exposure to foundational innovation.
The company's latest quarterly financials revealed revenue outperformance, exceeding analyst expectations by 5.25% in Q4 2024. Despite this positive result on topline revenue, Rigetti remains in a phase of high cash burn, posting a significant net loss for both the quarter and the full year. Nevertheless, demonstrated revenue traction and ability to surpass market forecasts are seen as constructive signals for long-term prospects, especially for Canadian institutional investors who prioritize early innovation leaders and often assess revenue growth as a fundamental precursor to future profitability or acquisition interest.
RGTI’s recognition through government contracts and awards, including the Air Force Office of Scientific Research grant and Innovate UK accolade, enhances its credibility. Winning such competitive awards validates Rigetti’s technology and opens avenues to additional support for quantum research—an important consideration as Canadian government bodies continue to signal their intention to collaborate and co-invest in quantum computing research. This alignment may facilitate future cross-border initiatives and encourage participation by Canadian academic and research communities, thereby deepening market relevance in Canada.
Market analysts currently maintain a “Strong Buy” consensus on RGTI, projecting nearly 59% upside from current levels. This bullish analyst perspective, combined with elevated trading volumes and technical indicators pointing to a consolidation phase after strong gains, signals continued market enthusiasm without overheated conditions. The positive outlook reflects optimism about the company’s long-term prospects and the sector’s growth trajectory, inviting Canadian investors and technology analysts to monitor RGTI as both a bellwether of quantum industry trends and a potential vehicle for strategic investment as quantum initiatives develop nationally and internationally.
FAQ
What is the latest dividend for RGTI stock?
Rigetti Computing Inc. (RGTI) does not currently pay a dividend to its shareholders. As the company prioritizes investment in research and development to advance its quantum computing technology, income-focused investors should note that there is no regular dividend distribution. This approach aligns with many early-stage technology firms focused on growth rather than income.
What is the forecast for RGTI stock in 2025, 2026, and 2027?
Based on the most recent price of $9.14, the projected values for RGTI are $11.88 at the end of 2025, $13.71 at the end of 2026, and $18.28 at the end of 2027. The quantum computing sector is attracting growing investor attention due to its potential to disrupt various industries, and Rigetti’s participation in major international initiatives supports a promising outlook.
Should I sell my RGTI shares?
Holding onto RGTI shares may be a sensible approach, considering the company's position as a pioneer in quantum computing and its impressive price momentum over the past year. Despite current losses, Rigetti’s strategic contracts, government awards, and sector-leading innovation offer solid foundations for mid- to long-term growth. For investors comfortable with volatility, the fundamentals point toward staying invested as the market for quantum technology continues to expand.
Are RGTI shares eligible for Canadian registered accounts, and how are taxes handled?
RGTI is a U.S.-listed stock and is generally eligible to be held in Canadian registered accounts like RRSPs and TFSAs, though it does not qualify for Canadian dividend tax credits. U.S. dividend payments (if any) are typically subject to a 15% U.S. withholding tax when held in a TFSA, but RRSPs may be exempt under a tax treaty. Canadian investors should consult their broker for details regarding account eligibility and tax treatment of U.S. capital gains.
What is the latest dividend for RGTI stock?
Rigetti Computing Inc. (RGTI) does not currently pay a dividend to its shareholders. As the company prioritizes investment in research and development to advance its quantum computing technology, income-focused investors should note that there is no regular dividend distribution. This approach aligns with many early-stage technology firms focused on growth rather than income.
What is the forecast for RGTI stock in 2025, 2026, and 2027?
Based on the most recent price of $9.14, the projected values for RGTI are $11.88 at the end of 2025, $13.71 at the end of 2026, and $18.28 at the end of 2027. The quantum computing sector is attracting growing investor attention due to its potential to disrupt various industries, and Rigetti’s participation in major international initiatives supports a promising outlook.
Should I sell my RGTI shares?
Holding onto RGTI shares may be a sensible approach, considering the company's position as a pioneer in quantum computing and its impressive price momentum over the past year. Despite current losses, Rigetti’s strategic contracts, government awards, and sector-leading innovation offer solid foundations for mid- to long-term growth. For investors comfortable with volatility, the fundamentals point toward staying invested as the market for quantum technology continues to expand.
Are RGTI shares eligible for Canadian registered accounts, and how are taxes handled?
RGTI is a U.S.-listed stock and is generally eligible to be held in Canadian registered accounts like RRSPs and TFSAs, though it does not qualify for Canadian dividend tax credits. U.S. dividend payments (if any) are typically subject to a 15% U.S. withholding tax when held in a TFSA, but RRSPs may be exempt under a tax treaty. Canadian investors should consult their broker for details regarding account eligibility and tax treatment of U.S. capital gains.
