IB Net Payout Yields Model

Rigetti Computing: Sell On Any Nvidia Quantum Day Pop

Update - March 21, 2025

Quantum Day didn't go very well. Rigetti CEO appeared to double-down on current quantum technology not being very useful. 

Finviz Chart


Original article posted on Mar. 19

  • Rigetti Computing, Inc. reported weak Q4 results, with revenues dipping YoY.
  • Nvidia's Quantum Day at the GTC 2025 event could temporarily boost Rigetti's stock based on quantum computing hype.
  • Rigetti's CEO continues to emphasize limited commercial sales in the near future, relying heavily on government contracts and R&D milestones for now.
  • Investors should consider cashing out if the stock surges due to the Nvidia event, as true commercialization is still 5 years away.
The quantum computing space could see a major pop on any announcements coming out of the Quantum Day at the Nvidia (NVDA) GTC 2025 event this week. Rigetti Computing, Inc. (NASDAQ:RGTI) just reported weak Q4 results and investors should hone in on the actual prospects of the quantum business versus any hype from an event. My investment thesis is ultra Bearish on the stock, especially on any further jump on quantum computing excitement.

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


Comments

Popular posts from this blog

Occidental: Still Producing Too Much Oil

ChargePoint: Low Quality Beat

Baidu: Historical Support At $80