Down More Than 30% This Year, Is Rigetti Computing Too Cheap to Pass Up Right Now?
From Yahoo Finance: 2025-05-07 06:15:00
Quantum computing is seen as a big growth opportunity, but it may take over 10 years before truly useful quantum computers are available. Rigetti’s valuation has been falling due to concerns about the long timeline. Despite the excitement, it could be a while before quantum computers are commonplace.
Quantum computing has the potential to greatly increase efficiency in the tech world. Google designed a quantum computer in 2019 that could do in 200 seconds what a supercomputer would take 10,000 years to do. The need for more efficient computers is crucial for the growth of artificial intelligence.
Despite advancements, it could be until 2035 or even 2040 before a quantum computer can run without significant issues. Rigetti’s recent struggles highlight the uncertainty in the industry. Revenue for the company is minimal compared to its market cap, posing a risky investment.
Rigetti Computing remains a high-risk, high-reward investment. For most investors, it may be too soon to get involved given the uncertainty ahead. The company’s revenue is insignificant compared to its market cap, making it a risky investment with no clear path to profitability.
The Motley Fool Stock Advisor did not include Rigetti Computing in its list of top 10 stocks for investors to buy. Rigetti Computing has seen a significant decline in value this year, but its high-risk nature suggests caution for potential investors. Stock Advisor’s returns have outperformed the S&P 500 significantly.
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