Rigetti Computing boasts an interesting picks-and-shovels strategy. But commercially viable quantum devices remain years away. For now, companies like Rigetti rely more on hype than fundamentals. It's generally not a good idea to buy stocks that have recently rallied based on hype.

This is allowing IBM to attack quantum computing with two very different chips.

Company director Fitzgerald Alissa sold nearly 60,000 shares. ・Rigetti is one of several companies advancing quantum computing technologies aimed at solving complex problems in areas such as cryptography,

Quantum computing stocks like Rigetti surged on hype but are now plunging. We examine whether the quantum boom is over and if RGTI is still worth buying amid major risks.

Rigetti stock has more than doubled over the past 12 months alone, and its market capitalization stands at $8.5 billion as I write this. But the company might struggle to maintain that valuation in 2026 based on its minimal revenue, which is why I predict its stock will plunge in the new year. Read on.

If you are wondering whether Rigetti Computing's current share price lines up with its underlying worth, you are not alone. That is exactly what this article will tackle. The stock recently closed at US$23.

Rigetti Computing (NASDAQ: RGTI) is one of the leading quantum computing pure-play companies to invest in. Pure plays are exciting investment opportunities, as they're slated to soar if their version of quantum computing becomes the industry standard.

Rigetti's technology is much faster than IonQ's, but more error-prone.