Rigetti Delay And IonQ Expansion Reframe Quantum Computing Valuation Debate - Yahoo Finance
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Rigetti Delay And IonQ Expansion Reframe Quantum Computing Valuation Debate Simply Wall St Wed, February 4, 2026 at 8:22 AM EST 2 min read RGTI -8.93% IONQ -8.50% Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Rigetti Computing postponed the launch of its Cepheus-1-108Q quantum computer due to technical issues. The delay affects one of the company’s most closely watched products at a time of rising competition. IonQ announced a major acquisition to increase its in-house quantum hardware manufacturing capabilities. The combination of Rigetti’s delay and IonQ’s expansion is drawing fresh attention to competitiveness in quantum computing. For investors watching NasdaqCM:RGTI, the Cepheus-1-108Q delay comes as the stock trades at $18.21, with a return of 32.7% over the past year. That longer term gain contrasts with a 22.8% decline year to date and over the past 30 days, plus an 18.4% decline in the last week, which highlights how quickly sentiment can shift around key product milestones. IonQ’s move to build out manufacturing and Rigetti’s pause on Cepheus-1-108Q put a spotlight on execution risk and capacity in this early stage sector. As new details emerge on the timing of Cepheus-1-108Q and Rigetti’s broader roadmap, investors will be watching how the company responds to competitive pressure and communicates its progress. Stay updated on the most important news stories for Rigetti Computing by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Rigetti Computing. NasdaqCM:RGTI Earnings & Revenue Growth as at Feb 2026 How Rigetti Computing stacks up against its biggest competitors Quick Assessment ✅ Price vs Analyst Target: At $18.21 versus a consensus target of about $38.85, the share price sits roughly 53% below analyst expectations. ✅ Simply Wall St Valuation: Shares are described as trading 59.8% below an estimated fair value, which is a sizable valuation gap. ❌ Recent Momentum: The 30 day return of about 22.8% decline shows weak short term sentiment around the Cepheus 1 108Q delay. Check out Simply Wall St's in depth valuation analysis for Rigetti Computing. Key Considerations 📊 The postponement tests confidence in Rigetti’s execution at the same time the stock trades well below both estimated fair value and the analyst target. 📊 Watch updates on a revised Cepheus 1 108Q timeline, IonQ’s manufacturing build out, and whether Rigetti’s revenue path starts to close the gap to its valuation story. ⚠️ The company is loss making with net income of about $350.96m loss and faces four flagged risks, including dilution over the past year and share price volatility.
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Simply Wall St has no position in any stocks mentioned.Companies discussed in this article include RGTI.Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.