Rigetti shares jumped 34.9% after unveiling the 108-qubit Cepheus-1 quantum system and amid reports that odds of a U.S. Commerce Department stake rose to 24%.
The new modular quantum computer, now accessible via the cloud, achieved a sales milestone with an Indian research center, fueling sector optimism and bullish analyst price targets up to $43.
Despite four insider stock sales in six months and a Q4 2025 revenue drop to $1.9M, Wall Street analysts remain positive, though some question Rigetti’s $6 billion valuation amid ongoing quantum industry hype.
Why are Rigetti executives selling shares after their biggest technological breakthrough?
With a $6B valuation but falling revenue, is Rigetti's quantum leap a bubble?
How does Rigetti's new quantum computer stack up against giants like Google and IBM?
Rigetti sold advanced quantum hardware to India. What are the national security implications?
Can a 108-qubit quantum computer solve any real-world business problems today?
Is massive government funding enough to bridge the gap to true quantum advantage?