{"id":55908,"date":"2025-08-09T18:00:08","date_gmt":"2025-08-09T18:00:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/55908\/"},"modified":"2025-08-09T18:00:08","modified_gmt":"2025-08-09T18:00:08","slug":"rigetti-computing-stock-rgti-opinions-on-36-qubit-system-milestone","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/55908\/","title":{"rendered":"Rigetti Computing Stock (RGTI) Opinions on 36-Qubit System Milestone"},"content":{"rendered":"<p class=\"author\">\n<p>              By: Quiver DiscussionTracker<\/p>\n<p>      Posted: 28\u00a0minutes ago \/ Aug. 9, 2025 5:31 p.m. UTC<\/p>\n<p>Recent discussions on X about Rigetti Computing (RGTI) have centered around the company\u2019s latest technical achievement with its 36-qubit Ankaa system, boasting a remarkable 99.5% two-qubit gate fidelity. Many users are buzzing with optimism, viewing this milestone as a potential turning point for the quantum computing firm, especially as it hints at future commercial applications. However, some caution that financial challenges, including recent revenue misses, could temper the excitement.<\/p>\n<p>Conversations also reflect a split in perspectives, with some highlighting a surge in stock price as a sign of investor confidence, while others point to insider selling and concerns over market hype as red flags. As the company approaches its upcoming Q2 results, posts on X suggest that many are closely watching for updates on financial performance and further technical progress. The polarized views keep the dialogue lively and dynamic, reflecting the high stakes in the quantum computing race.<\/p>\n<p>Note: This discussion summary was generated from an AI condensation of post data.<\/p>\n<p>Rigetti Computing Insider Trading Activity<\/p>\n<p>Rigetti Computing insiders have traded $RGTI stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.<\/p>\n<p>Here\u2019s a breakdown of <a href=\"https:\/\/www.quiverquant.com\/stock\/RGTI\/insiders\/\" rel=\"nofollow noopener\" target=\"_blank\">recent trading of $RGTI stock<\/a> by insiders over the last 6 months:<\/p>\n<p><a href=\"https:\/\/www.quiverquant.com\/insiders\/1388191\/SUBODH-K-KULKARNI\" rel=\"nofollow noopener\" target=\"_blank\">SUBODH K KULKARNI<\/a>  (President and CEO)  sold 1,000,000 shares for an estimated $12,004,400<a href=\"https:\/\/www.quiverquant.com\/insiders\/1910690\/David-Rivas\" rel=\"nofollow noopener\" target=\"_blank\">DAVID RIVAS<\/a>  (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 3 sales selling 671,600 shares for an estimated $5,772,340.JEFFREY A. BERTELSEN  (CHIEF FINANCIAL OFFICER) has made 0 purchases and 3 sales selling 231,250 shares for an estimated $2,696,334.<a href=\"https:\/\/www.quiverquant.com\/insiders\/1827853\/Michael-S.-Clifton\" rel=\"nofollow noopener\" target=\"_blank\">MICHAEL S. CLIFTON<\/a>  has made 0 purchases and 4 sales selling 125,000 shares for an estimated $1,688,000.CATHY L MCCARTHY  sold 150,000 shares for an estimated $1,200,240RAY O JOHNSON  sold 40,420 shares for an estimated $606,300HELENE GAIL SANDFORD  sold 47,648 shares for an estimated $532,952<\/p>\n<p>To track insider transactions, check out Quiver Quantitative&#8217;s <a href=\"https:\/\/www.quiverquant.com\/insiders\/\" rel=\"nofollow noopener\" target=\"_blank\">insider trading dashboard.<\/a><\/p>\n<p>Rigetti Computing Hedge Fund Activity<\/p>\n<p>We have seen 243 institutional investors add shares of Rigetti Computing stock to their portfolio, and 101 decrease their positions in their most recent quarter.<\/p>\n<p>Here are some of the largest recent moves:<\/p>\n<p><a href=\"https:\/\/www.quiverquant.com\/institutions\/Invesco%20Ltd.\/\" rel=\"nofollow noopener\" target=\"_blank\">INVESCO LTD.<\/a> removed 4,472,199 shares (-97.6%) from their portfolio in Q1 2025, for an estimated $35,419,816<a href=\"https:\/\/www.quiverquant.com\/institutions\/American%20Assets%20Investment%20Management,%20LLC\/\" rel=\"nofollow noopener\" target=\"_blank\">AMERICAN ASSETS INVESTMENT MANAGEMENT, LLC<\/a> added 3,746,149 shares (+inf%) to their portfolio in Q2 2025, for an estimated $44,429,327<a href=\"https:\/\/www.quiverquant.com\/institutions\/STATE%20STREET%20CORP\/\" rel=\"nofollow noopener\" target=\"_blank\">STATE STREET CORP<\/a> added 3,577,137 shares (+82.6%) to their portfolio in Q1 2025, for an estimated $28,330,925<a href=\"https:\/\/www.quiverquant.com\/institutions\/BlackRock,%20Inc.\/\" rel=\"nofollow noopener\" target=\"_blank\">BLACKROCK, INC.<\/a> added 3,253,889 shares (+27.4%) to their portfolio in Q1 2025, for an estimated $25,770,800<a href=\"https:\/\/www.quiverquant.com\/institutions\/VANGUARD%20GROUP%20INC\/\" rel=\"nofollow noopener\" target=\"_blank\">VANGUARD GROUP INC<\/a> added 2,430,758 shares (+20.7%) to their portfolio in Q1 2025, for an estimated $19,251,603<a href=\"https:\/\/www.quiverquant.com\/institutions\/MORGAN%20STANLEY\/\" rel=\"nofollow noopener\" target=\"_blank\">MORGAN STANLEY<\/a> added 2,132,120 shares (+123.9%) to their portfolio in Q1 2025, for an estimated $16,886,390<a href=\"https:\/\/www.quiverquant.com\/institutions\/JPMORGAN%20CHASE%20&amp;%20CO\/\" rel=\"nofollow noopener\" target=\"_blank\">JPMORGAN CHASE &amp; CO<\/a> removed 2,004,329 shares (-94.7%) from their portfolio in Q1 2025, for an estimated $15,874,285<\/p>\n<p>To track hedge funds&#8217; stock portfolios, check out Quiver Quantitative&#8217;s <a href=\"https:\/\/www.quiverquant.com\/sec13f\/\" rel=\"nofollow noopener\" target=\"_blank\">institutional holdings dashboard.<\/a><\/p>\n<p>Rigetti Computing Analyst Ratings<\/p>\n<p>Wall Street analysts have issued reports on $RGTI in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.<\/p>\n<p>Here are some recent analyst ratings:<\/p>\n<p>Needham issued a &#8220;Buy&#8221; rating on 08\/04\/2025B. Riley Securities issued a &#8220;Buy&#8221; rating on 07\/23\/2025Cantor Fitzgerald issued a &#8220;Overweight&#8221; rating on 07\/02\/2025Benchmark issued a &#8220;Buy&#8221; rating on 05\/15\/2025<\/p>\n<p>To track analyst ratings and price targets for Rigetti Computing, check out Quiver Quantitative&#8217;s <a href=\"https:\/\/www.quiverquant.com\/stock\/RGTI\/forecast\/\" rel=\"nofollow noopener\" target=\"_blank\">$RGTI forecast page.<\/a><\/p>\n<p>Rigetti Computing Price Targets<\/p>\n<p>Multiple analysts have issued price targets for $RGTI recently. We have seen 4 analysts offer price targets for $RGTI in the last 6 months, with a median target of $16.5.<\/p>\n<p>Here are some recent targets:<\/p>\n<p>Quinn Bolton from Needham set a target price of $18.0 on 08\/04\/2025 Craig Ellis from B. Riley Securities set a target price of $19.0 on 07\/23\/2025 Troy Jensen from Cantor Fitzgerald set a target price of $15.0 on 07\/02\/2025 David Williams from Benchmark set a target price of $14.0 on 05\/15\/2025 <\/p>\n<p>This article is not financial advice. See Quiver Quantitative&#8217;s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.<\/p>\n","protected":false},"excerpt":{"rendered":"By: Quiver DiscussionTracker Posted: 28\u00a0minutes ago \/ Aug. 9, 2025 5:31 p.m. UTC Recent discussions on X about&hellip;\n","protected":false},"author":2,"featured_media":55909,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,105],"class_list":{"0":"post-55908","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-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/55908","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=55908"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/55908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/55909"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=55908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=55908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=55908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}