--- title: "Weekly Recap | Rigetti Computing -12.95%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/297390304.md" description: "Rigetti Computing (RGTI) fell 12.95% this week to close at $15.59, down from $17.91 the previous Friday. The stock swung 11.77% peak-to-trough on a fade-from-the-open pattern: Monday started at $17.495 and printed the week’s high of $17.50, then drifted lower through the week. Tuesday’s bounce to $17.24 failed to hold, and after breaking below $16 on Wednesday the stock kept sliding, finishing Friday at $15.59, near its weekly low. Volume totalled 80.5m shares, averaging 16." datetime: "2026-08-29T06:19:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297390304.md) - [en](https://longbridge.com/en/news/297390304.md) - [zh-HK](https://longbridge.com/zh-HK/news/297390304.md) generator: "portal-rs" --- # Weekly Recap | Rigetti Computing -12.95%, most brokers rate it buy ## The Week Rigetti Computing (RGTI) fell 12.95% this week to close at $15.59, down from $17.91 the previous Friday. The stock swung 11.77% peak-to-trough on a fade-from-the-open pattern: Monday started at $17.495 and printed the week’s high of $17.50, then drifted lower through the week. Tuesday’s bounce to $17.24 failed to hold, and after breaking below $16 on Wednesday the stock kept sliding, finishing Friday at $15.59, near its weekly low. Volume totalled 80.5m shares, averaging 16.1m a day, about 29% below the median — a lighter week of trading. ## Key Events Rigetti had no company-specific news this week — no earnings release, no major partnership announcement. Price action tracked the broader quantum computing group. Overnight and intraday selling pushed RGTI down as much as 3% to 8% across Monday and Tuesday, with one intraday print showing an 8.29% drop that traders read as rotation into names like IonQ. Wednesday brought a sector rebound, with RGTI up more than 4% at one point, before Thursday’s sell-off knocked it down nearly 6% intraday. Friday began weak in pre-market, with RGTI off 1.22%, and the stock faded into the close. Across the week, RGTI moved in near lockstep with IonQ, D-Wave, and Quantum Computing Inc., suggesting sector-wide flows rather than idiosyncratic developments. ## Analyst Ratings Thirteen analysts cover Rigetti: 8 rate it buy, 1 rate it overweight, and 4 rate it hold. No analyst assigns underweight or sell. The consensus rating is buy, with a consensus target of $28.8125, about 84.8% above the last close of $15.59. Targets range from $18 to $40, a wide spread that points to meaningful disagreement. Within the semiconductor manufacturers group, Rigetti ranks 28th out of 77 names by analyst rating. ## The Week Ahead Next week brings a run of US macro data: Dallas Fed manufacturing activity on Monday (prior 1.3), S&P Global manufacturing PMI final and ISM manufacturing PMI on Tuesday (prior 55.6, estimate 55.2), JOLTS job openings on Tuesday (prior 7.359m, estimate 7.3m), and ADP private payrolls plus factory orders on Wednesday (prior 44, estimate 47; prior -0.3, estimate 0.6). Rigetti itself has no earnings on the calendar, so the sector is likely to keep taking cues from macro sentiment, especially the manufacturing and labour data. ## In Short RGTI booked a 12.95% weekly decline as the quantum group pulled back in sync. The analyst backdrop remains constructive: 9 of 13 analysts rate the stock buy or overweight, and the consensus target sits about 84.8% above spot. But the $18–$40 target range shows wide dispersion, and the latest session’s fund-flow snapshot shows large-lot money becoming a net seller while small-lot money turns net buyer. The tension now sits between supportive sell-side ratings and a high-multiple growth name facing macro-driven de-risking. The question for next week is whether the manufacturing and jobs data calm or deepen that rotation. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [RGTI.US](https://longbridge.com/en/quote/RGTI.US.md) - [RGTU.US](https://longbridge.com/en/quote/RGTU.US.md) - [RGTX.US](https://longbridge.com/en/quote/RGTX.US.md) - [RGTZ.US](https://longbridge.com/en/quote/RGTZ.US.md) ## Related News & Research - [Quantum Forecasting Pilot Could Test The Case For Rigetti Stock](https://longbridge.com/en/news/304679630.md) - [D-Wave and Rigetti face high stakes after quantum peers raise the earnings bar](https://longbridge.com/en/news/304903841.md) - [IONQ vs. RGTI: Which Quantum Computing Stock Has More Upside, According to Analysts?](https://longbridge.com/en/news/304113751.md) - [Are These 3 Quantum Computing Stocks Worth Buying Before 2027?](https://longbridge.com/en/news/303836676.md) - [Rigetti Computing (RGTI) Lands CHIPS Act Funding, Is It A Bargain?](https://longbridge.com/en/news/303528901.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**