Rigetti's Quantum Leap: Can RGTI Ride the Hype to $100?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.
