Rigetti: Not The Quantum Computing Stock To Own - There Are Better Alternatives - Seeking Alpha
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Melissa Tucker932 FollowersFollow5ShareSavePlay(7min)Comments(5)SummaryRigetti Computing trades at an $8B market cap despite sub-$10M revenue and persistent declines, making it a clear short candidate versus quantum peers.RGTI faces significant technology limitations, lags in product commercialization, and expects its first logical qubit only by the decade’s end.Despite $558M in cash and no debt, RGTI has heavily diluted shareholders, increasing outstanding shares by over 70% in the past year.Valuation remains disconnected from fundamentals; RGTI could fall over 50% if the premium compresses, but sector enthusiasm and meme dynamics create short-term risk. Just_Super/E+ via Getty Images Investment thesis Rigetti Computing (RGTI) has a market capitalization of $8 billion, yet the company has seen its revenue decline over the last few years and is now below $10 million. Moreover, the lack of contracts and products to sell does not bode wellThis article was written byMelissa Tucker932 FollowersFollowWith a professional background spanning multiple industries, from logistics, construction to retail, I bring a diverse perspective to investing. My international education and career experiences have provided me with a global outlook and the ability to analyze market dynamics from different cultural and economic perspectives. I have been actively investing for over a decade, honing a strategy that focuses on cyclical industries while maintaining a diversified portfolio that includes bonds, commodities, and forex. My interest in cyclical sectors stems from their potential for significant returns during periods of economic recovery and growth. However, I also recognize the importance of balancing risk, which is why I incorporate fixed-income investments (long or short).Show moreShow moreAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CCCX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For YouLumentum: In The Middle Of The AI BoomNebius: When Betting The Farm Leads To A SurgeSealsq: The High-Growth Quantum Stock That The Market Is OverlookingCloudflare: Crashing Back To RealityAMD: Regret Comes Later (Rating Downgrade)CoreWeave: Why I'm Buying This Controversial AI StockSuper Micro: Likely The Most Hated AI StockKraken Robotics: Growth, Valuation And Risks As We Go Into 2026Intel Bulls Are Betting Big; 14A Process Now Becomes A Make Or BreakMicron: Peak Cycle Margins And Unprecedented Capex RiskAbout RGTI StockSymbolLast Price% ChgRGTIRigetti Computing, Inc.24.99-2.46%Pre25.421.72%1D5D1M6M1Y5Y10YChartChart with 120 data points.View as data table, ChartThe chart has 1 X axis displaying Time. Data ranges from 2026-01-15 09:30:00 to 2026-01-20 16:00:00.The chart has 1 Y axis displaying values. Data ranges from 23.75 to 26.31.Created with Highcharts 12.5.0Jan 15Jan 16Jan 2022242628End of interactive chart.Market Cap$8.25BPE-Yield -Rev Growth (YoY)-36.98%Short Interest13.68%Prev. Close$25.62rgti SummaryCompare to PeersMore on RGTIRigetti in focus as Wedbush ups price target after quantum orderRigetti Computing: Too Much Hype, Waiting For Better EntryRigetti: What Everybody's MissingRigetti secures $8.4M order for 108-qubit quantum computerRelated StocksSymbolLast Price% ChgRGTIRGTI24.99-2.46%Pre:25.421.72%1D5D1M6M1Y5Y10YChartChart with 120 data points.View as data table, ChartThe chart has 1 X axis displaying Time. Data ranges from 2026-01-15 09:30:00 to 2026-01-20 16:00:00.The chart has 1 Y axis displaying values. Data ranges from 23.75 to 26.31.Created with Highcharts 12.5.0Jan 15Jan 16Jan 2022242628End of interactive chart.