Rigetti Computing, Inc. (RGTI)

Investors are always on the lookout for the next Nvidia, whose shares have rallied more than 21,800% over the trailing decade. Quantum computing is likely to take years to mature and evolve as a technology.

Rigetti creates end-to-end quantum computing solutions that investors are optimistic about. The company's sales are declining, and management doesn't expect significant revenue growth for several years.

Since January 2023, shares of Rigetti Computing and D-Wave Quantum are up 3,500% and 1,700%, respectively. Rigetti Computing is a vertically integrated company that developed the first multichip quantum processor, but the stock trades at 1,025 times sales.

Rigetti Computing (RGTI 3.87%) is advancing quantum hardware by improving qubit fidelity, chiplet technology, and hybrid integration through collaborations such as with Nvidia's NVQLink platform. Despite ongoing losses, the company is positioning itself within a rapidly growing quantum ecosystem that could unlock long-term value as the technology matures.

Rigetti announced some big sales in October -- that won't happen until 2026. Rigetti's 2025 sales could fall significantly below 2024 levels.

Benzinga examined the prospects for many investors' favorite stocks over the last week - here's a look at some of our top stories.

IonQ and Rigetti present a compelling long/short pair trade due to stark divergences in technology, commercial traction, and capital requirements. IONQ's 99.99% two-qubit fidelity and scalable manufacturing position it far ahead of RGTI, whose roadmap faces significant technical and capex hurdles. IONQ's revenue scale, recurring contracts, and 18% cash-to-market cap ratio contrast sharply with RGTI's grant-driven revenues and only 6.5% cash coverage.

Pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have soared by as much as 545% over the trailing year. Investors have been enamored with the sizable addressable opportunity that quantum computers bring to the table.

The era of buying stock based on science fiction potential has finally ended. Throughout 2025, the quantum computing sector underwent a massive, necessary shift in investor sentiment.

Quantum computing could be a $205 billion market within a decade, according to an analyst who recommends IonQ, Rigetti and D-Wave shares for investors willing to look past “lumpy” revenue.

These stocks have rewarded shareholders generously in the last few years. The underlying businesses, on the other hand, leave much to be desired.

IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) slid on Wednesday as the quantum sector cooled off after an earlier rally.IONQ fell about 5% af

Quantum computing ‘promises a major transformation in high-performance computing tasks,' say analysts.

Rigetti Computing (RGTI 7.44%) has the potential to generate significant shareholder wealth.

RGTI's push toward a future quantum fab signals tighter process control, higher fidelities and a potential long-term edge.

Quantum computing pure-play stocks have been on fire this year, with one estimate projecting that this technology can create up to $850 billion in global economic value by 2040. Insiders at Wall Street's high-flying quantum computing stocks are sounding a warning that investors would be wise not to ignore.