Rigetti: What Everybody's Missing

Tyler Wiedwald53 FollowersFollow5ShareSavePlay(11min)CommentsSummaryRigetti Computing is rated Strong Sell due to extreme overvaluation, missed milestones, and formidable competition from better-capitalized leaders like Google.RGTI faces timeline delays, with key product launches pushed to 2026 and technology targets still years behind market leaders.Revenue consistently misses estimates, margins are pressured by lower-quality contracts, and heavy insider selling signals diminished long-term confidence.With a forward P/S over 1,100x, persistent dilution risk, and limited near-term profitability, current valuation is unsustainable despite quantum sector hype. Peter Hansen/iStock via Getty Images Investment Thesis Rigetti Computing, Inc. (RGTI) has been near the center of the quantum hype cycle, but a quick look at its operations suggests the business is still early and highly speculative. Not only isThis article was written byTyler Wiedwald53 FollowersFollowHi, my names Tyler! While I am currently a student at University of South Carolina well on my way to earning majors in Finance and Risk Management, I spend nearly all my free time analyzing companies and the market. My credentials include a Level 2 certification through the Adventis FMC program as well as certificates from Bloomberg Market Concepts.I have been investing since middle school, however, I am much more focused on investing now than I was then. Overall, I am event-driven, opportunistic investor who is just looking for the next best thing.I was particularly inspired by Cornwall Capital, who found stocks others deemed "risky" and completed in-depth research to find the true story. This is my main strategy today, finding ignored or underfollowed stocks that bring more to the table than people think. This led me to make my first "Cornwall" trade back in May acquiring shares and LEAP option contracts of Opendoor Technologies at $0.75, before the meme rally. I acquired more shares around $0.56 and $2.00 and although I sold my option contracts for a profit of 4000%+, I continue to hold my shares to this day. Today, I am on my next "Cornwall" trade, Gamesquare Holdings, I highly encourage you take a look.I write and post anything that I find interesting or I believe has a strong opportunity ahead across any industry or sector. I've always enjoyed sharing my thoughts on companies with family members and friends so I figured, why not share with everybody!Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.