Rigetti Computing Inc. (RGTI) Stock Price Prediction: 2025, 2026, 2030

Analysts are saying that Rigetti Computing could rise by 2030. Bullish on RGTI? Invest in Rigetti Computing on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025.

Rigetti Computing Inc. (RGTI) has been gaining traction with strategic government contracts and advances in quantum computing technology. The company is building out its hardware development pipeline and expanding partnerships, which is reflected in near-term stock price increases while setting the stage for longer-term growth considerations.

In this article, we’ll review RGTI’s current price and valuation, examine price-target forecasts through 2030, analyze Wall Street’s latest sentiment, and break down the bullish and bearish outlooks shaping the stock’s risk/reward proposition.

Current RGTI Stock Overview

• Market Cap: $10.26 billion
• Trailing P/E: --
• Forward P/E: --
• 1 Year Return: +3,908%
• YTD Return: 104%
  

Shares of Rigetti Computing are currently trading near all-time highs of around $32 as of October 2025, reflecting significant gains from a 52-week low near $0.75 last October. Recent momentum underscores strong investor interest fueled by expanding market applications for quantum hardware and renewed optimism in the sector.

The company successfully executed an at-the-market equity offering of $350 million in gross proceeds in June, substantially reinforcing its balance sheet and providing a strong cash runway for continued research and development investment. 

Rigetti Computing  has made strides in its chiplet-based architecture, introducing the multi-chip Cepheus-1-36Q system and demonstrating the ability to halve its two-qubit gate error rate to 99.5%. It has also secured important strategic partnerships, including a collaboration agreement with Taiwan-based Quanta Computer, and government contracts, such as a $5.8 million award from the Air Force Research Laboratory to advance superconducting quantum networking. 

Wall Street currently holds a consensus price target of around $15 on RGTI based on the ratings of seven analysts, according to Benzinga. The highest target is about $35, issued by B. Riley Securities in September 2025, suggesting moderate upside to the current price. The three most recent analyst ratings, released by B. Riley Securities, Benchmark, and Needham in August and September 2025, result in an average price target of around $24. This implies a downside potential of about 24% from the current market price, which is in line with the current Hold consensus rating. 

Quick Snapshot Table of Predictions

The forecast range in this table is based on algorithmic projections provided by CoinCodex. These models use historical price trends, volatility patterns, and moving averages to estimate future stock prices over multiple time horizons.

Bull & Bear Case

Rigetti Computing sits in a nascent industry with substantial upside from quantum computing breakthroughs, but it also faces considerable risks due to technology uncertainty and valuation challenges.

Bull Case

• The company’s focus on chiplet-based architecture (Cepheus platform) demonstrates a clear path toward scalable quantum systems, leveraging proven semiconductor manufacturing techniques to build larger, more reliable quantum processors.
• Rigetti Computing achieved a major milestone by reaching 99.5% median two-qubit gate fidelity on its multi-chip systems, a crucial metric that accelerates the timeline toward achieving quantum advantage in real-world applications.
• The $350 million equity raise substantially bolsters cash reserves, currently around $571 million, giving management the necessary capital to sustain R&D and weather operational losses for years without immediate dilution concerns.
• Collaborations with major international players provide vital access to manufacturing scale, distribution networks, and emerging quantum markets outside the US.
• Consistent success in securing non-dilutive, high-value government contracts validates the quality and strategic importance of Rigetti Computing's superconducting quantum technology.
• The modality the company utilizes offers gate speeds that are significantly faster than competing technologies like ion traps.

Bear Case

• Rigetti Computing operates in a sector dominated by corporate giants like IBM and well-funded, publicly-traded pure-plays like IonQ, which are pursuing competing quantum modalities.
• The company continues to report significant net losses, and its revenue stream remains highly dependent on cyclical government contracts and R&D grants, which can lead to quarterly variability and financial uncertainty.
• Its highly ambitious goal of delivering a 100+ qubit chiplet-based system with high fidelity before the end of 2025 is subject to extreme technical hurdles and potential delays that could negatively impact investor confidence.
• The stock's surge this year means its current valuation is based on speculative long-term potential, creating a significant risk if Rigetti Computing fails to commercialize its technology into scalable, recurring enterprise contracts swiftly.

RGTI Stock Price Prediction for 2025

Bullish Prediction

$26.76

Average Prediction

$23.07

Bearish Prediction

$20.23

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According to CoinCodex, Rigetti Computing’s stock price is expected to hold steady in 2025, showing limited projected volatility with narrow trading bands. Recent rally momentum combined with key contract awards supports this stability. Investors may see modest gains or small fluctuations, reflecting a cautious but optimistic market stance on quantum advancements this year. The stock’s high volatility and emerging industry status suggest investors should monitor key milestones in technology development and commercialization. 

RGTI Stock Price Prediction for 2026

Bullish Prediction

$38.44

Average Prediction

$25.19

Bearish Prediction

$17.93

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In 2026, Rigetti Computing is forecast to trade in a narrow channel. Slight decreases in early months may be part of normal price consolidation. January 2026 forecasts suggest a minor dip followed by stabilization, highlighting continued high interest tempered by typical startup phase market dynamics. 

RGTI Stock Price Prediction for 2030

Bullish Prediction

$61.15

Average Prediction

$47.61

Bearish Prediction

$40.25

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Long-term projections for 2030 envision Rigetti Computing’s stock fluctuating. A moderate growth outlook reflects industry maturation and possible commercialization breakthroughs in quantum hardware and networking. Investors might expect experimental quantum technologies to become more established commercially by this time, yet the forecast remains conservative given ongoing uncertainty around practical quantum computing adoption rates and competitive landscape.

Investment Considerations

Financial stability is the first critical factor for investors. Rigetti Computing has successfully de-risked its near-term balance sheet by completing a $350 million equity offering, providing a robust cash position and the flexibility needed to aggressively fund R&D through the next few years, alleviating immediate concerns about funding stability. 

But this financial strength must be viewed alongside the persistent challenge of commercializing technology. Revenue remains volatile and heavily reliant on government contracts, which contrasts sharply with Rigetti Computing’s multi-billion dollar valuation that prices in significant future commercial success in pharmaceuticals, logistics, or materials science. Investors should monitor quarterly earnings specifically for a shift in revenue mix, indicating a successful conversion of technical capability into scalable enterprise partnerships beyond the public sector.

The second critical factor is the pace of technical execution and competitive positioning against rivals who are also accelerating their roadmaps. Rigetti Computing’s focus on chiplet-based architecture is a powerful strategic move, offering a scalable path to 100+ qubits and demonstrating a commitment to high-fidelity, which is crucial for effective quantum computation. Yet the company must maintain its technical lead over well-funded, full-stack competitors. IonQ, for example, uses the ion trap modality and has also reported strong technical milestones and commercial traction, while IBM continues to command the superconducting landscape with its extensive corporate ecosystem. 

Rigetti Computing’s strategic collaboration with Quanta Computer in Taiwan, a key move for scaling hardware production, places it squarely at the intersection of international IP protection and export control policies, especially since quantum technology is often classified as a critical national security asset. Any shift in U.S. or global trade regulations, or a rise in geopolitical tensions, could disrupt the supply chain or trigger regulatory scrutiny over technology transfer, potentially derailing the manufacturing and commercial deployment timelines that are central to the bullish thesis for RGTI.

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