Rigetti stock slips as quantum shares cool ahead of Fed minutes

Rigetti stock slips as quantum shares cool ahead of Fed minutes

NEW YORK, December 30, 2025, 03:15 ET — Market closed

Rigetti Computing, Inc. (RGTI) shares fell 0.49% to close at $22.27 on Monday and slipped 0.13% in after-hours trading to $22.24. The stock has pulled back about 17% from its Dec. 22 close after a sharp late-December run, and traded between $21.53 and $22.77 on volume of about 33.4 million shares. 1

The move matters because quantum-computing pure plays have been whipsawed into year-end, with investors booking gains after a Dec. 22 surge and a subsequent sell-off in holiday-thinned trading. Valuation worries and the still-speculative path from lab progress to commercial revenue have kept the group sensitive to shifts in risk appetite. 2

For traders, Rigetti has become a high-beta proxy for sentiment toward frontier tech, with swings often amplified when volumes thin and macro headlines reset rate expectations.

In the broader quantum group on Monday, IonQ (IONQ) fell 1.63% and Quantum Computing Inc (QUBT) slipped 0.39%, while D-Wave Quantum (QBTS) rose 3.41%, underscoring how stock-specific flows have driven day-to-day moves across the sector.

A research note published Monday by Harshit Gupta at Zacks Investment Research said Rigetti ended the third quarter with about $559 million in cash and that warrant exercises pushed liquidity above $600 million, allowing the company to “press ahead with its technical roadmap without leaning on near-term equity dilution.” Gupta wrote that management has pointed to targets including a 100-plus-qubit system (a qubit is a quantum bit) with 99.5% fidelity, a plain-English measure of how accurately the hardware performs operations, and a 150-plus-qubit platform targeted for 2026. 3

Before the next session, the main macro test comes at 2:00 p.m. ET, when the Federal Reserve releases minutes from its December policy meeting, a potential catalyst for rate expectations and high-growth stocks. 4

Earlier on Tuesday, investors will also parse U.S. data including home-price measures and other scheduled releases that can shape the rates outlook. 5

On the chart, traders are watching whether RGTI holds above Monday’s $21.53 low and whether it can reclaim late-December levels after a string of lower closes since Dec. 22. Near-term resistance sits around Monday’s $22.77 intraday high, with the recent downtrend still intact. 6

The next company catalyst is less clear-cut: Rigetti has not confirmed its next earnings publication date, but MarketBeat estimates an earnings release on March 4, 2026 based on past reporting patterns. Investors typically focus on cash burn, updates to the product roadmap, and any new customer or partner traction in addition to headline revenue. 7

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