Rigetti Computing ( (RGTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Rigetti Computing shares are on the rise following Needham analyst N. Quinn Bolton’s decision to raise the price target. This upward movement is attributed to the growing momentum in the quantum computing industry and the potential for increased U.S. government funding, driven by legislative developments such as the Quantum Leadership Act of 2025 and DARPA’s Quantum Benchmarking Initiative. These factors are expected to enhance Rigetti’s growth prospects, attracting both public and private interest.
More about Rigetti Computing
YTD Price Performance: -29.40%
Average Trading Volume: 53,759,895
Technical Sentiment Signal: Buy
Current Market Cap: $4.56B
For further insights into RGTI stock on TipRanks’ Stock Analysis page.
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