Rigetti stock fell 21% monthly amid quantum sector commercialization pressure.
Context
What happened: Rigetti Computing (NASDAQ: RGTI) shares fell 21% over the past month as investors weighed commercialization pressure across the quantum computing sector.
Key numbers: RGTI down 21% in a month, versus QBTS down 27.6% and QUBT down 19%. S&P 500 up 0.9% and software up 3.5% over the same period.
Why it matters: Most customers still use Rigetti systems for research rather than commercial workloads, and revenue depends on system delivery timing and government milestones. The company is expected to remain unprofitable despite forecast 2026 revenue growth.