Rigetti Computing Surges 4.51% on $740M Volume as Quantum Breakthrough Propels Stock to 143rd in Market Activity

Rigetti Computing (RGTI) surged 4.51% on August 5, 2025, with a trading volume of $740 million, ranking 143rd in market activity. The stock’s rise follows a major breakthrough in quantum computing, as the company achieved a 99.5% median two-qubit gate fidelity in its 36-qubit system, a significant leap in operational precision. This milestone, coupled with plans to launch a 100+ qubit system by year-end, has drawn renewed investor attention to the firm’s technological leadership in the sector.

Analysts have responded positively, with Needham upgrading its price target to $18 and Alliance Global Partners reaffirming a buy rating with an adjusted $18 target. These moves reflect growing confidence in Rigetti’s ability to capitalize on quantum computing’s long-term potential, despite current financial challenges such as low profitability margins. The company’s strong liquidity position and strategic focus on high-impact R&D underscore its commitment to maintaining a competitive edge in a rapidly evolving market.

While quantum computing remains a nascent field, Rigetti’s advancements position it as a key player in addressing complex problems across industries like cryptography and materials science. However, the stock’s volatility—driven by speculative demand for cutting-edge technology—requires investors to balance optimism with caution. The recent 4.51% gain aligns with broader market enthusiasm for quantum innovation, yet sustained growth will depend on the company’s ability to translate technical milestones into scalable commercial applications.

The strategy of purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to the present, far outpacing the benchmark’s 29.18% gain. This highlights the power of liquidity-focused approaches in volatile markets, where high-volume stocks often reflect concentrated investor interest and short-term momentum. Rigetti’s inclusion in such strategies underscores its role as a focal point for capital seeking exposure to disruptive tech narratives.