Rigetti Computing Shares Prediction: Will They Reach $20 before 2025 Concludes?
In the rapidly evolving landscape of quantum computing, Rigetti Computing, a pioneering start-up, is making strides towards becoming a complete quantum computing solution. With a 9-qubit quantum processing unit (QPU), the Novera QPU, available for purchase at a starting price of $900,000, Rigetti is positioning itself as a key player in the industry [1].
The Novera QPU delivers a remarkable 99.4% 2-qubit gate fidelity, a testament to Rigetti's dedication to precision in quantum computing calculations [1]. However, the accuracy of quantum computing calculations remains a significant challenge, as qubits can exist in a superposition between a 0 and a 1, making calculations prone to errors [1]. Rigetti's success will hinge on its ability to overcome this challenge and outperform competitors in accuracy.
Rigetti's stock, currently trading at around $11 per share, has shown potential for growth. The company recently completed a $350 million at-the-market equity offering, bolstering its cash reserves to approximately $575 million, with no debt [2]. This strong financial position allows Rigetti to scale up its superconducting gate-based quantum computers and pursue strategic initiatives, which could positively impact stock performance.
Several factors could potentially drive Rigetti's stock price towards its all-time high by the end of 2025. Technological advancements, such as moving from single-chip to multi-chip quantum processors and developing larger qubit systems, like the planned 336-qubit Lyra in 2026, can boost investor confidence and boost stock valuation [1][2].
Growing U.S. government investment in quantum computing, key trade deals, and expectations of Federal Reserve rate cuts have increased risk appetite in the tech sector, benefitting companies like Rigetti [1]. Additionally, strategic collaborations, acquisitions, or partnerships could foster growth opportunities and enhance competitive positioning, potentially lifting the stock price [2].
The recent surge in Rigetti’s stock (nearly 70% gain over four months as of July 2025) and similar gains in quantum computing peers reflect increased investor optimism in quantum technology stocks [1]. However, as with any emerging technology, volatility remains a key risk to consider.
Despite the potential for growth, it's important to note that Rigetti's stock reaching $20 per share by the end of the year is more of a gamble than an investment. The stock price previously reached $20 per share during the first few days of the year before selling off, underscoring the market's unpredictability [1].
Most institutions interested in Rigetti's quantum technology are waiting for U.S. government grants, which could provide a significant boost to the company's revenue [1]. Quantum computing sales are expected to be lumpy initially due to the grant-dependent nature of the market. Rigetti's revenue in Q1 was $1.5 million [1].
In conclusion, Rigetti Computing's journey towards quantum dominance is marked by technological advancements, a robust financial position, favourable market conditions, and strategic growth plans. If the company successfully executes on these fronts and the broader quantum computing sector maintains momentum, Rigetti's stock could return to its all-time high by the end of 2025 [1][2]. However, investors should be aware of the inherent volatility in the emerging quantum computing market.
[1] VentureBeat, (2025). Rigetti Computing's stock could return to all-time highs by year-end if it executes on these fronts. [online] Available at: https://venturebeat.com/2025/07/01/rigetti-computings-stock-could-return-to-all-time-highs-by-year-end-if-it-executes-on-these-fronts/
[2] TechCrunch, (2025). Rigetti Computing raises $350M to scale its superconducting gate-based quantum computers. [online] Available at: https://techcrunch.com/2025/04/21/rigetti-computing-raises-350m-to-scale-its-superconducting-gate-based-quantum-computers/
Rigetti's financial position, bolstered by a recent $350 million equity offering, enables the company to invest in scaling up its quantum computers and pursuing strategic initiatives, which could potentially lead to growth in its stock value.
The company's stock price could increase as a result of technological advancements, such as the development of multi-chip quantum processors and larger qubit systems, like the proposed 336-qubit Lyra in 2026.
Successfully executing on these technological and strategic fronts, and maintaining momentum in the quantum computing sector, could help Rigetti's stock return to its all-time high by the end of 2025. However, investors should be mindful of the inherent volatility in the emerging quantum computing market.
