Rigetti Computing recently announced a Memorandum of Understanding with India’s Centre for Development of Advanced Computing to explore co-developing hybrid quantum computing systems aimed at supporting government and academic R&D efforts.

This collaboration builds on heightened sector momentum, as major investments like Nvidia’s US$600 million commitment to quantum peers signal escalating global interest in practical quantum computing applications.

We’ll explore how Rigetti’s partnership with C-DAC and increased quantum sector investments factor into the company’s evolving investment narrative.

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For a shareholder of Rigetti Computing, conviction often rests on belief in the commercialization of quantum hardware and hybrid systems, not just pioneering science. The recent MOU with India’s C-DAC marks an ambitious step in aligning Rigetti with government-backed quantum R&D, reflecting the company’s strategy to tap global public sector interest, a notable catalyst given Rigetti’s historic reliance on contract wins and grants. Yet, this announcement comes on the heels of declining sales and persisting losses, even in the face of large sector investments like Nvidia’s. While heightened market attention has driven options activity sharply higher around Rigetti, there may be limited immediate impact on revenue or profitability, as most government alliances unfold over longer cycles. Risks like continued shareholder dilution and operational volatility remain central to the thesis, but this new partnership could sharpen Rigetti’s narrative and shift focus toward potential growth, especially as competition and spending in quantum accelerate.
But despite a promising alliance, Rigetti’s ongoing losses are a risk investors should keep in mind.

Our comprehensive valuation report raises the possibility that Rigetti Computing is priced higher than what may be justified by its financials.

RGTI Community Fair Values as at Sep 2025 RGTI Community Fair Values as at Sep 2025

The Simply Wall St Community’s 34 individual fair value estimates for Rigetti range from US$0.22 up to US$24.50. While outlooks differ widely, options trading spiked recently, underscoring how shifts in sentiment can move the company’s share price even before fundamentals catch up. Consider these diverse views as you weigh Rigetti’s shifting risk profile.

Explore 34 other fair value estimates on Rigetti Computing – why the stock might be worth as much as 51% more than the current price!

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include RGTI.

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