Rigetti’s India Quantum Order Versus Volatile Stock And Valuation Upside - simplywall.st

United States/Semiconductors/NasdaqCM:RGTIRigetti’s India Quantum Order Versus Volatile Stock And Valuation Upside January 27, 2026Simply Wall StReviewed by Bailey PembertonShareCopy Link Rigetti Computing secured an order from India's Centre for Development of Advanced Computing for a 108 qubit quantum system. The deal marks the company's entry into India's supercomputing market. The order comes after recent setbacks in U.S. government projects, including exclusion from DARPA's Stage B trial. For investors watching NasdaqCM:RGTI, this new C DAC order comes at a time when the stock has been volatile, with a 15.1% decline over the past week and a 2.8% decline over the past month. The shares currently trade at $21.75, with a very large 3 year return that reflects how sharply the name has moved over a relatively short public history. The India win gives Rigetti a fresh commercial foothold in a supercomputing market outside the U.S., alongside its existing government and research relationships. As the company works to improve error rates and reset timelines for new technology, investors may watch how effectively it converts this kind of systems order into a repeatable revenue base and broader international presence. 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 Jan 2026 How Rigetti Computing stacks up against its biggest competitors AdvertisementQuick Assessment ✅ Price vs Analyst Target: At US$21.75, the share price sits well below the US$38.85 analyst target range midpoint. ✅ Simply Wall St Valuation: Simply Wall St flags the shares as undervalued, trading about 51.7% below its estimated fair value. ❌ Recent Momentum: The 30 day return of roughly 2.8% decline points to weak short term momentum. Check out Simply Wall St's in depth valuation analysis for Rigetti Computing. Key Considerations 📊 The C DAC order gives Rigetti a concrete entry into India’s supercomputing market at a time when investors are weighing past U.S. project setbacks. 📊 Watch how this system deployment translates into reported revenue versus the current US$7.49m base and whether it leads to follow on contracts. ⚠️ The company remains loss making, with a net loss of US$350.96m and shareholder dilution over the past year, so funding needs and execution risk stay front of mind.

Dig Deeper For the full picture including more risks and rewards, check out the complete Rigetti Computing analysis. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.comAbout NasdaqCM:RGTIRigetti ComputingThrough its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.See The Free Research ReportExcellent balance sheet with slight risk.See The Free Research ReportSimilar CompaniesNasdaqGS:INTCIntelNasdaqGS:GOOGLAlphabetMarket InsightsHow to invest when commodity prices get messy ⚖️Richard BowmanWhy Didn’t Oil React to Venezuela? 🇻🇪Stella OngWhich Markets Will Sink or Swim in 2026? 🌍Richard BowmanAdvertisementDiscover moreNYSESimply Wall StSimply WallNew York Stock ExchangeWeekly PicksJolt_Communications on Myseum · 5 days agoThe Future of Social Sharing Is Private and People Are ReadyFair Value:US$7.9575.3% undervalued4 followersusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeTokyo on ASML Holding · 12 days agoEU#3 - From Philips Management Buyout to Europe’s Biggest CompanyFair Value:€1.31k7.0% undervalued19 followersusers have followed this narrative·1 commentusers have commented on this narrative·7 likesusers have liked this narrativeYIyiannisz on Booking Holdings · 13 days agoBooking Holdings: Why Ground-Level Travel Trends Still Favor the Platform GiantsFair Value:US$5.47k5.7% undervalued5 followersusers have followed this narrative·0 commentsusers have commented on this narrative·2 likesusers have liked this narrativeCOcomposite32 on Shell · 21 days agoA fully integrated LNG business seems to be ignored by the market.Fair Value:UK£36.125.3% undervalued21 followersusers have followed this narrative·0 commentsusers have commented on this narrative·5 likesusers have liked this narrativeRecently Updated NarrativesANandre_santos on LVMH Moët Hennessy - Louis Vuitton Société Européenne · about 14 hours agoLVMH - A Fundamental and Historical ValuationFair Value:€586.40.5% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeVAValueInvestor_2026 on VeriSign · about 17 hours agoBad management practices jeopardize long-term future of VRSNFair Value:US$16551.3% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeANandre_santos on Hims & Hers Health · 1 day agoHims & Hers Health - ValuationFair Value:US$34.8514.8% undervalued3 followersusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativePopular NarrativesWEWealthAP on PayPal Holdings · about 1 month agoThe "Sleeping Giant" Stumbles, Then Wakes UpFair Value:US$8232.3% undervalued82 followersusers have followed this narrative·6 commentsusers have commented on this narrative·35 likesusers have liked this narrativeOOOOO97 on Neo Performance Materials · 26 days agoUndervalued Key Player in Magnets/Rare EarthFair Value:CA$25.3321.9% undervalued70 followersusers have followed this narrative·0 commentsusers have commented on this narrative·18 likesusers have liked this narrativeANAnalystConsensusTarget on NVIDIA · about 1 month agoNVDA: Expanding AI Demand Will Drive Major Data Center Investments Through 2026Fair Value:US$253.0225.5% undervalued1041 followersusers have followed this narrative·6 commentsusers have commented on this narrative·31 likesusers have liked this narrativeTrending DiscussionHOHolger on IREN · 4 days agoReported: Revenue growth: 2024 → 2025 sharp increase of approx. 165%. Assuming moderate annual growth of 40%, a fair value in three years would be approx. $170. Given the customer base and the story, this should be possible. I find the most valuable “property” particularly interesting, as it solves the electricity problem.1|0WIwindows96 on Oracle · 5 days ago45x is exactly what NVDA is trading at right now... if the data centre hype comes true, could happen1|0ELEl_Vikingo on 01 Quantum · about 23 hours agoWill certainly invest in this after appropriate DD. Curious what the competitive landacape looks like. As a 10 year crypto guy, QRL - Quantum Resistant Ledger is at about 200M MC and Lockheed Martin has it named in a patent.. so it may not be the only game in town.. but sounds solid.