On January 22, 2026, B. Riley raised its rating on Rigetti Computing from Neutral to Buy, reflecting heightened investor optimism in the company’s quantum computing roadmap. Despite this upgrade, Rigetti’s share price fell by 5.28% over the trading session, demonstrating persistent market volatility. The stock fluctuated between 22.41 and 26.27 during the day, and over the past 12 months has traded as high as 58.15 and as low as 6.86, underscoring the dynamic nature of the quantum computing sector. Rigetti’s market capitalization stands at approximately 7.81 billion, and today’s trading volume reached 47.47 million shares, signaling active engagement from institutional and retail investors alike.

Rigetti’s modular chiplet architecture has achieved a crucial milestone with 36-qubit units demonstrating 99.5% gate fidelity, paving a clear path toward systems exceeding 1,000 qubits by 2027. By integrating multiple chiplets on a single interposer, the company aims to overcome current scaling challenges in qubit coherence and error correction. Early-stage partnerships with major hardware suppliers and cloud service providers are expected to accelerate validation and deployment of multi-chiplet processors. Industry projections estimate that quantum computing could generate up to 1 trillion in global economic value by 2035, and Rigetti’s recent technical progress positions it as a leading contender in this rapidly evolving market.