analyst report

Key Facts: Rigetti Computing (NASDAQ: RGTI) has been on a historic tear in 2025, rising roughly 50× from penny-stock levels to intraday highs near $56 ts2.tech. By Oct. 30, 2025 it closed around $42.52 (up 7.9% on the day) stockanalysis.com. Its YTD gain (~2,800–5,000%) far eclipses peers like IonQ (+270%) or D-Wave (up thousands of %) ts2.tech. Recent catalysts include major deals and tech wins: in late Sept 2025 Rigetti (with Dutch partner QphoX) won a $5.8 M U.S. Air Force quantum-networking contract and concurrently booked ~$5.7 M in orders for two new 9-qubit Novera™ systems ts2.tech rigetti.com. In late Oct, Rigetti