Rigetti Computing (RGTI) is capturing Wall Street’s attention as quantum computing stocks experience explosive growth. Analysts predict the sector could deliver substantial gains throughout 2026. The pure-play quantum computing company specializes in gate-based quantum computers.
🔥 Quick Facts
- RGTI gained approximately 55% in 2025, making it one of Wall Street’s hottest quantum computing plays
- Wall Street analysts provide an average 12-month price target of $39.75, suggesting 76.9% upside from current levels
- The quantum computing market is projected to grow from $1.6 billion in 2025 to $7.3 billion by 2030 according to research firms
- Rigetti expects 185.6% revenue growth in 2026 with 75.9% earnings growth based on analyst consensus
Rigetti’s Gate-Based Quantum Technology Draws Analyst Praise
Powerball winner scoops $1.817 billion on Christmas Eve, what happens next will change their life forever
Zendaya shuts down pregnancy rumors after viral London outing with Tom Holland goes too far—here’s what she actually said
Rigetti differentiates itself through gate-based quantum computing technology. Unlike quantum annealing approaches used by competitors, gate-based systems solve precise problems requiring exact answers. The company designs superconducting quantum computers that could theoretically break encryption or solve complex optimization problems.
JPMorgan, Jefferies, Evercore ISI, Cantor Mizuho, and other major institutions initiated coverage in 2025. This unprecedented analyst attention reflects growing institutional recognition of quantum computing’s commercial potential. Wedbush rated the stock Outperform with a $35 price target.
| Metric | 2025 Performance | 2026 Analyst Estimate |
| Current Stock Price | $26.81 | $39.75 (target) |
| Year-to-Date Gain | +55% | Expected: +76.9% |
| High Price Target | Not applicable | $51.00 |
| Analyst Coverage | Growing institutional interest | 10+ major analysts |
Wall Street Discovers Quantum Computing as 2026 Opportunity
Arkansas lottery wins $1.817 billion Powerball jackpot on Christmas Eve, here’s what happens to the money
Powerball winner scoops $1.817 billion jackpot on Christmas Eve, but nobody knows who they are yet
The quantum computing sector emerged as one of 2025’s most explosive investment themes. D-Wave Quantum surged 219%, IonQ appreciated 16%, and Rigetti advanced 55% through mid-December. Wall Street’s collective shift toward quantum exposure represents a turning point in technology investing.
According to McKinsey’s 2025 Quantum Technology Monitor, the quantum industry could generate $97 billion in annual revenue by 2035 and approach $200 billion by 2040. This massive market opportunity explains why analysts rate most pure-play quantum computing stocks as buys despite current valuations.
Revenue Growth and Commercial Momentum Signal Potential
Rigetti expects earnings growth of 75.9% in 2026 on top of 185.6% revenue growth according to current analyst consensus. The company is expanding its customer base through long-term contracts and demonstrating the commercial viability of its quantum systems.
Management reaffirmed guidance for more than 100% revenue growth going forward. This acceleration in sales suggests the company is moving from early-stage development toward productive commercialization. Larger average contract values in 2025 provided confidence that customers view Rigetti’s technology as essential to their quantum computing strategies.
Technical Challenges and Competition Create Investment Risks
Despite bullish analyst sentiment, significant technical hurdles remain. Gate-based quantum computers face exponential error challenges as the system scales. Error correction improvements are underway, but commercial-grade systems remain years away for many applications.
Rigetti shares already exploded from $22 to $56 before retracing to $23 during macro risk-off selling. This volatility demonstrates the speculative nature of quantum computing investments. Investors should expect continued price swings as technical breakthroughs and setbacks influence sentiment.
What Performance Should Investors Expect From Rigetti in 2026?
Analyst consensus suggests 76.9% potential upside from current price levels based on average $39.75 price targets. However, this projection assumes continued technical progress and successful commercialization. If the company fails to deliver on revenue growth expectations or faces unexpected technical setbacks, the stock could decline significantly.
‘Pure-play quantum companies like IonQ, D-Wave, and Rigetti offer the highest upside potential but carry substantial volatility and execution risk.’
— Industry Research Analysis, Quantum Computing Market Review
Sources
- The Motley Fool – Analysis of Wall Street analyst sentiment on quantum computing stocks
- TipRanks – Rigetti Computing analyst price targets and consensus ratings
- NASDAQ / Yahoo Finance – Real-time stock data and analyst coverage updates
Daniel Harris is a specialist journalist focused on the crossroads of breaking news, extraordinary history, and enduring legends. With a background in historical research and storytelling, he blends timely reporting with timeless narratives, making complex events and ancient myths resonate with today’s readers. Daniel’s work often uncovers surprising links between present-day headlines and legendary tales, offering unique perspectives that captivate diverse audiences. Beyond reporting, he is passionate about preserving oral traditions and exploring how extraordinary stories continue to shape culture and identity.