Rigetti Computing Stock Rises on Quantum Expansion Partnerships

Rigetti Computing shares gained over 3% following strategic partnerships with India’s Centre for Development of Advanced Computing and Montana State University. The collaborations aim to expand quantum research capabilities in high-growth markets while providing academic access to Rigetti’s Novera quantum system.

Despite a projected 19.7% revenue decline and persistent losses, analysts maintain a Buy rating on RGTI stock, which has climbed 9.4% year-to-date in 2025. The company’s Cepheus platform advancements—featuring chiplet-based architecture—could improve quantum scalability and error correction.

Global expansion through these partnerships strengthens Rigetti’s long-term positioning, though commercial adoption remains gradual. The stock trades at a high price-to-book ratio of 9.77x, with volatility warnings underscoring the speculative nature of quantum computing investments.