Rigetti Computing’s shares have surged by over 1,860% in the past six months, thanks to a marketwide uptick in all things quantum. Even so, the company’s quarterly revenue remains modest at $2.4 million in the most recent quarter,

Rigetti stock is up 1,756% in the last year — but 74% overvalued. Investors who did not buy Nvidia stock before GenAI wave, fear missing out on quantum computing.

Rigetti offers full-stack quantum-classical computing. RGTI's advancements promise significant growth and reduced error rates. Find out why the stock is a hold.

Rigetti Computing, Inc. (NASDAQ:RGTI – Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $19.02, but opened at $18.54. Rigetti Computing shares last traded at $20.

When investors discuss the artificial intelligence (AI) market, they often focus on GPU makers like Nvidia, generative AI software developers like OpenAI, AI-driven cloud giants like Microsoft, and data center and networking chipmakers like Broadcom.

Rigetti shares have gained some 445% over the past month amid marked strength in quantum computing-related stocks. The company's December release of its 84-qubit Ankaa-3 quantum computer has also captured investor attention.

The stock quickly rallied from $2 to $10, where shares had become overbought from a technical perspective. Buyers returned in full force after a fast and aggressive selloff to $7.50and have now doubled the stock to their current price of $15 in just three trading days.

Quantum computing stocks are very hot right now. Could some exposure turbocharge Edward Sheldon’s Stocks and Shares ISA in 2025? The post Quantum computing stocks like Rigetti and IonQ are on fire. Should I buy some for my Stocks and Shares ISA?