Rigetti Computing announced its Q3 2026 financial results with $1.4 million in revenue and a GAAP net loss of $3.1 million. The company achieved a significant technology milestone by reaching 99.5% median two-qubit gate fidelity on its 108-qubit Cepheus-1 system, validating its chiplet-based quantum processor design. Rigetti also secured a $100 million agreement with the U.S. Department of Commerce to support advanced quantum computing R&D. Looking ahead, Rigetti aims to develop a 300-plus-qubit system with even higher fidelity and faster gate speeds by mid-2028, positioning itself for future quantum computing breakthroughs.
Rigetti Computing's stock fell sharply by 9.78% in one day, trading at USD 11.71 on Pluang. The stock's market cap stands at $4.33 billion as of Nov 11, 2026 04:12 WIB.
D-Wave Quantum's stock fell 7% after its Q3 2026 report showed revenue growth of 20.7% to $4.51 million, beating estimates, but a wider GAAP loss of $0.13 per share due to rising operating expenses. The company’s costs surged 84% year over year, driv...
IonQ's stock rose 8% following a record Q3 2026 revenue of $173.8 million, surpassing estimates and prompting an upward revision of its full-year revenue guidance to $505-$515 million. This strong performance, partly fueled by the acquisition of SkyW...
Quantum computing stocks D-Wave Quantum and Rigetti Computing have dropped over 50% this year, with Q3 earnings reports due November 10. Investors will watch if revenue growth can offset heavy cash burn, as both companies face pressure to meet guidan...
IonQ's stock surged 18% after reporting a Q3 revenue of $173.8 million, beating expectations and raising its full-year 2026 revenue guidance to $505-$515 million. The growth was partly driven by its acquisition of SkyWater, contributing $83.5 million...
Rigetti Computing (RGTI) has been downgraded to Sell because its extremely high valuation multiples—217 times trailing sales and 141 times forward sales—pose significant risks that outweigh potential gains. Although the company benefits from federal ...
