Hello, Thanks for signing up for MarketBeat Daily Ratings—we’re excited to have you on board. Every weekday, you’ll get a curated summary of new “Buy” and “Sell” ratings from Wall Street’s top-rated analysts, the latest stock news, and bonus investing content—all delivered straight to your inbox. You’re just two quick steps away from completing your sign-up: 1. Make sure our emails go to your inbox Gmail users:
Mobile: Tap the three dots (…) in the top right and select Move to Inbox or Move to Primary
Desktop: Click the folder icon at the top and select Move to Inbox or Primary Apple Mail users:
Tap our email address at the top (next to From: on mobile), then select Add to VIP Other providers:
Reply to this message and add newsletters@analystratings.net to your contacts 2. Confirm your subscription Click this link to confirm your subscription. This verifies your account and ensures you receive your newsletters without interruption instead of getting stuck in your spam filter. Confirm your subscription here. After you confirm, feel free to download our popular free report, "7 Stocks to Buy and Hold Forever" with this link. Thanks again for subscribing—we look forward to being part of your investing journey. 
Matthew Paulson
Founder and CEO, MarketBeat. P.S. If you didn’t mean to subscribe, no problem—you can unsubscribe here.
Today's Bonus Article Rigetti's Q3 Miss Reveals Quantum Funding and Timing PressuresWritten by Chris Markoch. Published 11/14/2025. 
Key Points - Rigetti Computing missed Q3 revenue expectations and remains unprofitable.
- Losing DARPA funding pressures Rigetti to self-finance its quantum roadmap.
- The company’s 1,000-qubit goal may be years behind larger rivals like IBM.
Rigetti Computing Inc. (NASDAQ: RGTI) entered its third-quarter earnings report with high expectations. The results fell short, and RGTI stock has dropped more than 5% since the report. The company reported revenue of $1.95 million, missing expectations of $2.17 million and declining 18.1% year over year. On the upside, its quarterly loss of $0.03 per share was narrower than the forecasted $0.05 per share. Discover the 10 Best AI Stocks to Buy Now!
The AI revolution is reshaping the investment landscape, and knowing where to place your bets is crucial. Our free report reveals the 10 top AI stocks that should be on your radar right now. Don't miss your chance to get in on these high-potential tech plays. Download your free report today. Overall, the report underscored the gap between the promise and the practicality of quantum computing. Rigetti is one of several companies racing to develop the technology — a process that will likely take years and billions of dollars — and investors appear to be recalibrating their view of RGTI based on that timeline. What Makes Rigetti Different in Quantum Technology? Rigetti's approach centers on a chiplet architecture, demonstrated in its 36-qubit Cepheus-1 system. Each 9-qubit chiplet is a modular building block that can be linked to form larger processors. Rigetti is moving from a single chiplet to four in its upcoming system, a proof of concept that its tiling approach can scale without degrading performance while maintaining 99.5% two-qubit gate fidelity. To that end, Rigetti announced two milestones on its 2026–2027 roadmap. The company expects to deploy: - A 150+ qubit system by around the end of 2026 with an anticipated 99.7% median two-qubit gate fidelity.
- A 1,000+ qubit system by around the end of 2027 with an anticipated 99.8% median two-qubit gate fidelity.
That roadmap is distinctive but effectively places Rigetti roughly two to three years behind companies such as International Business Machines (NYSE: IBM) and IonQ Inc. (NYSE: IONQ). Rigetti's proprietary fabrication facility, however, could help narrow the gap by accelerating design cycles. Rigetti Needs to Overcome a DARPA Setback A key takeaway from Rigetti's earnings call was its exclusion from the Defense Advanced Research Projects Agency's (DARPA) Phase B program. Phase B evaluates quantum systems capable of demonstrating "quantum advantage" — outperforming classical computers on specific tasks. Rigetti participated in Phase A, which covered feasibility studies and prototype development. Missing Phase B means losing both non-dilutive government funding and a valuable credibility boost. Like many early-stage quantum companies, Rigetti relies on such contracts to support R&D while the technology remains pre-commercial. Rigetti Is Betting on Itself, But Maybe Not by Choice Despite the setback, Rigetti is pressing ahead. Chief executive officer Subodh Kulkarni said on the earnings call: "A lot of our focus has been and continues to be on getting to quantum advantage in the next three to five years with 1,000 qubit and 99.9% two-qubit gate fidelity, gate speeds, and with some error correction." That statement signals that Rigetti remains committed to reaching quantum advantage on its own timeline, even without selection for DARPA's Phase B. Kulkarni also said the company received constructive feedback from DARPA and expects that input will be incorporated into future phases. For now, Rigetti will need to rely on its own resources and partnerships. Investors should therefore view the company as a smaller, more agile player aiming to carve out a niche in hybrid quantum–classical applications. RGTI Stock Isn't for Every Investor Rigetti is a highly speculative investment. That doesn't rule out the possibility it could become profitable — if it does, early investors could see substantial gains — but the company remains pre-commercial. At the moment, price action in RGTI is driven more by traders seeking volatile swings than by fundamentals. Short interest is down about 4.4% in the last 30 days but still sits above 12% of the stock's float. By the company's own admission, Rigetti is likely about five years away from commercial viability, with profits potentially taking even longer. Investors looking for exposure to quantum computing and other technology stocks with less idiosyncratic risk may prefer the Defiance Quantum ETF (NASDAQ: QTUM). It has more than $816 million in assets under management and an expense ratio of 0.40%. As of Nov. 12, RGTI was the largest holding in the fund at 3.12%. The QTUM fund is up over 36% in 2025 and more than 209% over the last five years — performance that may appeal to investors seeking a less volatile way to gain exposure to the quantum theme.
| 
Post a Comment
Post a Comment