Rigetti Stock Price: Why RGTI Stock (NASDAQ: RGTI) in focus?

New York, 24 February 2026: The leading company in the field of quantum computing, Rigetti Computing Inc (NASDAQ: RGTI), has recently shown good movement on US Wall Street. The RGTI stock closed at $16.02 on 23 February 2026, marking a 0.63% increase. The market cap is around $5.29 billion. Over the past 52 weeks, the Rigetti stock has ranged from a low of $6.86 to a high of $58.15, but it has dropped more than 70% since the October 2025 peak. Still, analysts and traders are keeping an eye on the Q4 earnings (4 March 2026) and the launch of the company’s 108-qubit system.

Rigetti Q4 2025 Earnings: Will AI trading lift it again?

Rigetti will announce its Q4 and full-year 2025 financial results after the market closes on 4 March 2026. A conference call will follow at 5 pm (ET).

Analysts estimate EPS of -$0.03 for Q4 (6 analysts) and -$0.14 for FY2025. Revenue for Q3 2025 fell 18% to $1.9 million, but Q4 is expected to see sequential improvement due to Novera System’s $5.7 million orders and AFRL’s $5.8 million contract.

Company CEO Subodh Kulkarni said that hybrid quantum-classical computing could play an important role in the development of AI. Partnerships with platforms like NVIDIA’s NVQLink and progress in reducing quantum error rates could give Rigetti AI trades another boost. If Q4 results are good, a 20-30% jump in the stock is possible, according to discussions on platforms like Zacks and TipRanks.

What are the traders looking at?

Traders are mainly keeping an eye on the following things:

• Revenue growth and margin: Increasing revenue from Novera system sales and government contracts.
• 108-qubit Cepheus-1 system: Commercial launch expected by the end of Q1 2026. As part of this, an $8.4 million order was received from India’s C-DAC (20 January 2026) – this will deliver a 108-qubit quantum computer in Bengaluru.
• Roadmap update: 150+ qubits in 2026, 1000+ qubit system by 2027.
• Cash position: around $447 million in cash, no debt – 5-6 years of runway.

Other news in the sector, like the White House’s quantum strategy, NSF funding, and results from other companies (IONQ, QBTS), will also have an impact.

What do US market analysts say about RGTI’s price target?

Rigetti has a Strong Buy / Moderate Buy rating on Wall Street:

• Yahoo Finance: Average price target $38.85 (100%+ upside), B. Riley maintained Buy rating ($35).
• MarketBeat (12 analysts): average $32.60 (103% upside), high $50, low $15.
• TradingView: $40.30 average (10 analysts), high $51.

Despite recent upgrades (B. Riley, Wedbush) and some downgrades (TD Cowen – Hold), the overall sentiment is positive. Analysts say revenue could jump 168% by 2026 thanks to strong on-premises demand and government support.

What are the triggers for the next rally in Rigeti stock?

The following triggers can spark a rally:

• Q4 results and 2026 guidance: revenue exceeds expectations and Cepheus launch update.
• New contracts: International orders like those from India and US projects like DARPA, AFRL.
• Tech breakthrough: Lower error rate, higher fidelity, expanding NVIDIA partnership.
• Sector momentum: quantum funding boost (96% funding in 45 hubs), White House executive order
• AI-Quantum Sync: Hybrid systems will supercharge AI models.

RGTI stock 2030 forecast: What are analysts saying?

The long-term forecast is mixed but hopeful

Algorithmic models like CoinCodex: $17.19 by 2030 (up 7% from the current price).
The company itself could see the quantum market at $1-2 billion before 2030, and $15-30 billion between 2030-2040. If it captures 25% market share, revenue could be $7.5 billion+.

Motley Fool / Forbes: Market cap of $67B+ possible by 2035 (30x earnings multiple).

Others: some in the $11-20 range, but with commercial success (1000+ qubit scaling), a jump to $50-100+ is possible (speculative).

Rigetti is still at the pre-revenue stage (TTM revenue $7.49 million, net loss – $351 million), yet long-term investors are optimistic due to the future potential of Quantum Tech and its sync with AI.

Conclusion:

Rigetti stock is high-risk high-reward. Q4 earnings and the Cepheus launch are immediate catalysts. With the AI and quantum wave ongoing, the rally could resume if the right triggers appear. Do your own research and understand the risks before investing. Quantum stocks (RGTI, IONQ, QBTS) are currently buzzing on Wall Street – March 4 is a big day!

This news is based on publicly available information. Investing in the stock market is risky.