Rigetti Computing ( (RGTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Rigetti Computing’s stock has surged following its Q1 2025 earnings release, despite a revenue miss. The company’s net income was significantly impacted by non-cash gains related to derivative warrant and earn-out liabilities. Key developments include strategic collaborations, such as the DARPA Quantum Benchmarking Initiative and an AFOSR award, as well as a major investment from Quanta Computer. Additionally, increased bullish option activity and rising implied volatility indicate growing investor confidence. These elements, coupled with Rigetti’s advancements in quantum systems and error correction, have fueled a positive market outlook.
More about Rigetti Computing
YTD Price Performance: -50.68%
Average Trading Volume: 48,382,100
Technical Sentiment Signal: Buy
Current Market Cap: $3.31B
For further insights into RGTI stock on TipRanks’ Stock Analysis page.
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