From Nasdaq: 2025-05-22 07:41:00

Quantum computing stocks, like Rigetti Computing (NASDAQ: RGTI), have soared 943% in the past year. Quantum computers have the potential to revolutionize industries by processing data in multiple states simultaneously, with the market projected to reach $173 billion by 2040. Rigetti offers a comprehensive quantum computing solution used by tech giants like Microsoft and Amazon.

However, quantum computers still make more mistakes than traditional computers, and practical applications are debated. Rigetti’s recent financials show sales declining and substantial operating losses. Management doesn’t expect significant revenue for several years, making Rigetti a highly speculative investment. With a price-to-sales ratio of 290, the stock is considered expensive.

The Motley Fool’s Stock Advisor team recommends 10 other stocks over Rigetti Computing, citing the company’s lack of revenue growth projections and high valuation. Past stock recommendations by the team have yielded impressive returns, outperforming the S&P 500. Consider joining Stock Advisor for access to potential market-crushing stock picks and insights.

In conclusion, Rigetti Computing may not be the best investment choice currently due to its uncertain revenue outlook, high valuation, and lack of growth potential. With better stock options available, investors are advised to explore other opportunities for potentially higher returns.



Read more at Nasdaq: Where Will Rigetti Computing Be in 3 Years?