{"id":43538,"date":"2025-08-04T19:31:12","date_gmt":"2025-08-04T19:31:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/43538\/"},"modified":"2025-08-04T19:31:12","modified_gmt":"2025-08-04T19:31:12","slug":"why-shares-of-rigetti-computing-are-soaring-today","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/43538\/","title":{"rendered":"Why Shares of Rigetti Computing Are Soaring Today"},"content":{"rendered":"\n<p class=\"yf-1090901\">Shares of Rigetti Computing (NASDAQ: RGTI) traded nearly 10% higher, as of 10:49 a.m. ET today, after a Wall Street analyst raised his price target on the stock and reiterated a buy rating on the name.<\/p>\n<p class=\"yf-1090901\">Needham analyst Quinn Bolton increased his price target on Rigetti by $3 to $18 per share, implying about 15% upside from current levels. Bolton believes there is momentum in the <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/information-technology\/ai-stocks\/quantum-computing-stocks\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=e9ac46e8-ed99-40cb-87fc-c64f02c1c26a\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:quantum computing sector;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">quantum computing sector<\/a>. He is specifically watching the Defense Advanced Research Projects Agency&#8217;s (DARPA) Quantum Benchmark Initiative (QBI) and a pending bill in Congress called the Department of Energy Quantum Leadership Act.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Two people smiling and looking at tablet.\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-1gfnohs loader\"\/> Image source: Getty Images.      <\/p>\n<p class=\"yf-1090901\">An independent research and development (R&amp;D) agency stashed within the U.S. Department of Defense, DARPA was created in response to the launch of Sputnik in 1957 and works to ensure the country is always prepared to &#8220;face a strategic technical surprise.&#8221; QBI&#8217;s goal is to determine the plausibility of building a quantum computer with a &#8220;computational value&#8221; that surpasses its cost by the year 2033. The initiative is currently in stage A.<\/p>\n<\/p>\n<p class=\"yf-1090901\">Meanwhile, the Department of Energy Quantum Leadership Act is a bipartisan bill that would increase R&amp;D in the quantum information space, potentially allocating $2.5 billion over the next five years to research. The bill is currently pending in the Senate and has been referred to the Committee on Energy and Natural Resources.<\/p>\n<p class=\"yf-1090901\">Quantum computing stocks have generated significant buzz over the last year, given the technology&#8217;s potential to revolutionize society. Rigetti is believed to be one of the leaders in the space.<\/p>\n<p class=\"yf-1090901\">Still, quantum computers haven&#8217;t really been commercialized yet and many <a href=\"https:\/\/www.fool.com\/investing\/2025\/08\/03\/stock-split-watch-is-rigetti-computing-next\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=e9ac46e8-ed99-40cb-87fc-c64f02c1c26a\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:companies like Rigetti;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">companies like Rigetti<\/a> are losing money and generating very little in revenue, while trading at multibillion-dollar market caps. For this reason, I would keep positions smaller and more speculative.<\/p>\n<p class=\"yf-1090901\">Before you buy stock in Rigetti Computing, consider this:<\/p>\n<p class=\"yf-1090901\">The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=de40247a-18e5-4e12-819e-5bd15baeda59&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001088%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D17500&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=e9ac46e8-ed99-40cb-87fc-c64f02c1c26a\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:10 best stocks;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">10 best stocks<\/a> for investors to buy now\u2026 and Rigetti Computing wasn\u2019t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.<\/p>\n<p> Story Continues <\/p>\n<p class=\"yf-1090901\">Consider when Netflix made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $624,823!* Or when Nvidia made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation, you\u2019d have $1,064,820!*<\/p>\n<p class=\"yf-1090901\">Now, it\u2019s worth noting\u00a0Stock Advisor\u2019s total average return is 1,019% \u2014 a market-crushing outperformance compared to 178% for the S&amp;P 500. Don\u2019t miss out on the latest top 10 list, available when you join Stock Advisor.<\/p>\n<p class=\"yf-1090901\"><a class=\"link \" href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=de40247a-18e5-4e12-819e-5bd15baeda59&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001088%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D17500%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DRigetti%2520Computing&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=e9ac46e8-ed99-40cb-87fc-c64f02c1c26a\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:See the 10 stocks \u00bb;elm:context_link;itc:0;sec:content-canvas\">See the 10 stocks \u00bb<\/a><\/p>\n<p class=\"yf-1090901\">*Stock Advisor returns as of August 4, 2025<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/www.fool.com\/author\/20255\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Bram Berkowitz;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Bram Berkowitz<\/a> has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:disclosure policy;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">disclosure policy<\/a>.<\/p>\n<p class=\"yf-1090901\"><a href=\"https:\/\/www.fool.com\/investing\/2025\/08\/04\/why-shares-of-rigetti-computing-are-soaring-today\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Why Shares of Rigetti Computing Are Soaring Today;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Why Shares of Rigetti Computing Are Soaring Today<\/a> was originally published by The Motley Fool<\/p>\n","protected":false},"excerpt":{"rendered":"Shares of Rigetti Computing (NASDAQ: RGTI) traded nearly 10% higher, as of 10:49 a.m. ET today, after a&hellip;\n","protected":false},"author":2,"featured_media":43539,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,9338,38101,38102,2292,38103,2290,105],"class_list":{"0":"post-43538","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-au","9":"tag-australia","10":"tag-computing","11":"tag-congress","12":"tag-defense-advanced-research-projects-agency","13":"tag-industry-momentum","14":"tag-quantum-computing","15":"tag-quinn-bolton","16":"tag-rigetti-computing","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/43538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=43538"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/43538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/43539"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=43538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=43538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=43538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}