Rigetti Computing Inc. (RGTI) is a notable company in the quantum computing space, focused on developing superconducting qubit systems. As of late May 2025, the stock is trading around $14.19, marking a sharp rise from its earlier levels this year.
The stock has rallied more than 1,200% over the past six months, pushing RGTI toward the upper boundary of its current ascending channel. The $15.00–$15.50 range is acting as a psychological resistance area. After such a strong move, a technical pullback toward the $12.50 zone would be considered healthy, potentially allowing the stock to reset while remaining within its bullish structure. If $12.50 fails to hold, the next notable support sits near $7.59, a previous area of accumulation.
Rigetti’s growth outlook is supported by several key drivers:
Technological Innovation: The company is on track to roll out more advanced quantum systems, including a 36-qubit system by mid-2025 and a 100+ qubit system by year-end. These advances are built on its modular chip architecture, aimed at scaling performance.
Strategic Collaborations: Rigetti has been expanding its reach by partnering with leading cloud platforms, making its quantum systems more widely accessible and integrated with broader tech ecosystems.
Government Support: The company is also involved in government-backed quantum initiatives, strengthening its credibility and positioning in the national quantum strategy.
As the global quantum computing market continues to gain momentum, Rigetti is well-positioned to benefit. If the bullish trend persists, some forecasts suggest the stock could potentially reach the $100 level by the end of 2026.
Traders and investors should watch key levels: $12.50 and $7.59 on the downside as support, and $15.50 as the immediate resistance to confirm momentum or identify pullback opportunities.
The stock has rallied more than 1,200% over the past six months, pushing RGTI toward the upper boundary of its current ascending channel. The $15.00–$15.50 range is acting as a psychological resistance area. After such a strong move, a technical pullback toward the $12.50 zone would be considered healthy, potentially allowing the stock to reset while remaining within its bullish structure. If $12.50 fails to hold, the next notable support sits near $7.59, a previous area of accumulation.
Rigetti’s growth outlook is supported by several key drivers:
Technological Innovation: The company is on track to roll out more advanced quantum systems, including a 36-qubit system by mid-2025 and a 100+ qubit system by year-end. These advances are built on its modular chip architecture, aimed at scaling performance.
Strategic Collaborations: Rigetti has been expanding its reach by partnering with leading cloud platforms, making its quantum systems more widely accessible and integrated with broader tech ecosystems.
Government Support: The company is also involved in government-backed quantum initiatives, strengthening its credibility and positioning in the national quantum strategy.
As the global quantum computing market continues to gain momentum, Rigetti is well-positioned to benefit. If the bullish trend persists, some forecasts suggest the stock could potentially reach the $100 level by the end of 2026.
Traders and investors should watch key levels: $12.50 and $7.59 on the downside as support, and $15.50 as the immediate resistance to confirm momentum or identify pullback opportunities.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.