From Yahoo Finance: 2025-05-17 04:17:00

Investors are eyeing quantum computing stocks like Rigetti Computing, which surged 823% in the past year. However, the stock is down 23% this year, raising caution. Rigetti sells quantum computing hardware, software, and cloud systems to big tech names. The market could be worth $170 billion by 2040, but mass adoption remains speculative.

Rigetti’s revenue is declining, with sales at just $1.5 million in the first quarter, down 52% from last year. Commercial sales are years away, and the company’s losses are widening. Despite having $237.7 million in cash, revenue growth is uncertain, making investing in Rigetti risky.

Rigetti’s stock has a high price-to-sales ratio of 197. With dwindling sales and over 800% gains, buying now seems unwise. Waiting for improved sales performance may be a better move. The Motley Fool’s top 10 stock picks don’t include Rigetti, emphasizing the uncertainty surrounding the company’s future prospects.



Read more at Yahoo Finance: Down 23%, Should You Buy the Dip on Rigetti Computing Stock?