--- title: "Weekly Recap | Rigetti Computing -8.46%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/300851227.md" description: "Rigetti Computing (RGTI) closed the week at $15.25, down 8.46%. That compares with a 0.27% decline for the S&P 500, leaving the stock about 8.19 percentage points behind. The week opened at roughly $16.45 on Monday, slipped through midweek, bounced modestly on Wednesday, then gave back ground on Friday to finish near the weekly low of $15.15. The intraweek range ran from $15.15 to a high of $16.70, an amplitude of 9.42%. Trading was relatively quiet: daily volume averaged about 13." datetime: "2026-10-03T07:35:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300851227.md) - [en](https://longbridge.com/en/news/300851227.md) - [zh-HK](https://longbridge.com/zh-HK/news/300851227.md) generator: "portal-rs" --- # Weekly Recap | Rigetti Computing -8.46%, consensus target above spot ## The Week Rigetti Computing (RGTI) closed the week at $15.25, down 8.46%. That compares with a 0.27% decline for the S&P 500, leaving the stock about 8.19 percentage points behind. The week opened at roughly $16.45 on Monday, slipped through midweek, bounced modestly on Wednesday, then gave back ground on Friday to finish near the weekly low of $15.15. The intraweek range ran from $15.15 to a high of $16.70, an amplitude of 9.42%. Trading was relatively quiet: daily volume averaged about 13.4 million shares, roughly 24% below the 60-day median. ## Key Events This was a news-flow-driven week for the quantum computing sector rather than a company-specific one. No product updates, earnings or major partnerships came from Rigetti itself. The stock fell over 2% in premarket on Monday alongside peers, then dropped nearly 4% intraday on Tuesday. During that session a note circulated on how quantum stocks such as QBTS, IONQ and RGTI moved lower as yields surged, pointing to macro pressure on long-duration assets. On Wednesday RGTI rose 2.10% in regular trading as the sector broadened its gains. Thursday brought more gradual overnight advances of around 1%. Friday opened higher, with a premarket gain of 1.09% and an intraday rise of 1.79%, but the move faded and the stock closed near the week’s low. Overall, there was no single-stock catalyst; price action tracked the quantum complex and the macro rate backdrop. ## Analyst Ratings Thirteen brokers cover Rigetti Computing. Eight rate it a buy, one an overweight and four a hold; none assign an underweight or sell. The consensus rating is buy, with a consensus target price of $28.525. That sits roughly 87.05% above the latest price of $15.25. The target range is wide: from $17.30 at the low end to $40.00 at the high end, reflecting meaningful disagreement about long-term value. Rigetti ranks 32nd among 78 companies in its industry group. ## The Week Ahead The macro calendar starts with US services data on Monday: the S&P Global services PMI final (prior 58.7) and the ISM non-manufacturing PMI (prior 55.4, estimate 55). Tuesday brings international trade and goods trade balance figures. A services or trade beat could keep upward pressure on yields and weigh further on long-duration growth names; softer data could ease the recent pullback. There are no earnings due from the company, so the focus remains on whether the quantum computing group can decouple from macro-driven swings. ## In Short Rigetti Computing spent the week caught between an upbeat sell-side view and a weakening tape. Nine of 13 brokers rate the stock a buy or overweight, and the consensus target sits about 87% above spot, signalling an upward lean from analysts. Yet the stock fell 8.46% and closed near its weekly low on below-median volume, suggesting buyers were not stepping in. The tension to watch is whether next week’s US services data shifts rate expectations again, and whether the quantum sector can produce a catalyst independent of the macro backdrop. *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 - [SA Asks: Is now the time to buy quantum stocks? If so, which ones?](https://longbridge.com/en/news/301489762.md) - [Rigetti Computing Q2 2026 Earnings Call Transcript](https://longbridge.com/en/news/301676092.md) - [Prediction: Rigetti Computing Stock Could Double by 2031. Here's Why I'm Still Cautious.](https://longbridge.com/en/news/301483284.md) - [Should You Buy These 4 Quantum Computing Stocks Before 2027?](https://longbridge.com/en/news/301299105.md) - [BUZZ-Quantum computing co Rigetti climbs on $100 million US government deal](https://longbridge.com/en/news/298313038.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**