Rigetti Computing Inc

Rigetti Computing Inc

Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Companyโ€™s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Companyโ€™s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts suggest buying Rigetti Computing's stock with a target price of $26.83, indicating growth potential.

Average

Financial Health

Rigetti Computing is generating modest revenue and cash flow, but profitability remains a challenge.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why Youโ€™ll Want to Watch This Stock

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Quantum hardware focus

Rigettiโ€™s strength is in superconducting qubit design and onโ€‘premises or cloud access; progress on error rates and scale matters, though results can be unpredictable.

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Commercial potential

Hybrid quantumโ€‘classical services could unlock new applications over time, but commercial revenue depends on customer adoption and technological maturation.

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Competitive landscape

The field includes large tech firms and specialist rivals; regulatory, funding and partnership developments will influence outcomes, and volatility is common.

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Taiwan Semiconductor Manufacturing Co Ltd is a Taiwan-based company mainly engaged in the provision of integrated circuit manufacturing services. The integrated circuit manufacturing services include process technology, special process technology, design ecosystem support, mask technology, 3DFabricTM advanced packaging and silicon stacking technology services. The Company has completed the transfer and mass production of 5nm technology, and is engaged in the research and development of 3nm process technology and 2nm process technology. The product application range covers the entire electronic application industry, including personal computers and peripheral products, information application products, wired and wireless communication system products, servers and data centers.

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