{
  "id": 18769477,
  "title": "Where Will Rigetti Computing Stock Be in 3 Years?",
  "url": "https://urgent.news/2026/11/07/where-will-rigetti-computing-stock-be-in-3-years",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T18:37:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/11/07/where-will-rigetti-computing-stock-be-in-3-years/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "As of late November 2026, Rigetti Computing's stock (RGTI) had fallen by 48.1% year-to-date, a decline that was part of a broader sell-off across the quantum computing sector following IonQ's announcement of a $2.0 billion equity offering earlier in October. The company's shares were trading at over 300 times trailing sales, a valuation that left little room for error. Rigetti's recent progress included a letter of intent with the U.S. Department of Commerce for up to $100 million over three years to fund superconducting quantum research under the CHIPS Act, though the deal's final terms were still to be determined. The company's revenue for the second quarter of 2026 was $5.1 million, up from $1.8 million in the same period a year prior, driven by sales of its Novera on-premises quantum computers. Rigetti's flagship 108-qubit chip demonstrated a median two-qubit fidelity of 99.1%, falling short of the company's three-year target of 99.9%. The primary barrier to achieving this target was the coherence time of Rigetti's qubits, which ranged from 25 to 30 microseconds, a figure the company aimed to improve significantly over time. CEO Subodh Kulkarni emphasized the importance of coherence time in the company's roadmap, stating that meeting the fidelity and scale targets by around 2029 would make the current valuation appear more justified. However, missing any of these goals posed the risk of a significant stock price decline. Given the high valuation and the associated risks, The Motley Fool advised that investors should consider Rigetti's stock as part of a diversified multi-ticker quantum computing portfolio rather than a standalone investment.",
  "summary": "Will Rigetti Computing hit its quantum milestones by 2029? Here is how to judge the stock's risk before it does.",
  "key_points": [
    "Rigetti Computing stock down 48.1% YTD, part of quantum sector sell-off",
    "$100 million CHIPS Act funding for superconducting quantum research",
    "108-qubit chip achieves 99.1% two-qubit fidelity, short of 99.9% target"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}