Where Will Rigetti Computing Be by 2030?
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Rigetti has fallen from $58 to around $16. Is it a buy?Rigetti Computing (RGTI +2.87%) stock has come back to Earth -- somewhat. After riding a wave of enthusiasm to $58, shares now sit around $16. If all goes well for Rigetti The bull case requires a lot to go right: Rigetti must make fundamental technological breakthroughs that allow it to land sustained commercial contracts that will lead to annual revenues orders of magnitude larger than the $7.5 million it brought in during the last 12 months. ExpandNASDAQ: RGTIRigetti ComputingToday's Change(2.87%) $0.46Current Price$16.48Key Data PointsMarket Cap$5.4BDay's Range$15.65 - $16.7352wk Range$6.86 - $58.15Volume25MAvg Vol33MGross Margin-6849.48% Rigetti has real strengths -- its technology is advanced, it manufactures its own machines, and it has about $450 million in cash and equivalents, giving it years of runway. If it can develop commercially viable quantum computing in the next handful of years, then Rigetti will be in good shape. If things don't go according to plan for Rigetti But quantum computing has been a few years away for nearly 20 years -- at least according to executives and PR teams within the industry. If quantum computing is much further away -- and there is plenty of reason to believe this is possible -- Rigetti has to think about its own survival while big tech players like Alphabet, IBM, and Microsoft can wait decades for their investments to pay off. Image source: Getty Images. The bottom line By 2030, I think we'll be in a similar situation to today, with quantum computing still just a few years off. If that's the case, I wouldn't want to have bought Rigetti stock near today's prices.Read NextFeb 21, 2026 •By Johnny RiceVanguard Owns 36 Million Shares of Rigetti Computing. Here's Why That $577 Million Position Doesn't Mean What You Think It Does.Feb 20, 2026 •By Johnny Rice2 Incredibly Popular Stocks to Sell Before They PlummetFeb 19, 2026 •By Rick OrfordUnfortunate News Hides Behind Rigetti's 1300% SurgeFeb 17, 2026 •By Anthony Di PizioCathie Wood's Ark Invest Just Delivered Bad News for Quantum Computing Stock Rigetti ComputingFeb 17, 2026 •By Dave KovaleskiDown 72%, Should You Buy the Dip on Rigetti Computing?Feb 17, 2026 •By Lyle DalyShould You Invest $500 in Rigetti Computing Right Now?About the AuthorJohnny Rice is a contributing writer for The Motley Fool covering tech stocks. He previously contributed to various financial publications.TMFJohnnyRiceStocks MentionedRigetti ComputingNASDAQ: RGTI$16.48 (+2.87%) $+0.46*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.