Rigetti Computing Hits Day High with 12.51% Surge in Strong Intraday Performance

Sep 19 2025 01:41 PM IST
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Rigetti Computing, Inc. has seen notable stock activity, achieving a significant intraday high. Over the past year, the company has demonstrated extraordinary growth, vastly outperforming the S&P 500. However, it faces challenges, including a decline in net sales and negative EBITDA, within the competitive IT hardware sector.
Rigetti Computing, Inc. has experienced significant activity today, with the stock surging by 12.51% on September 18, 2025. The company, operating in the IT - Hardware sector, reached an intraday high of USD 26.21, reflecting a notable performance against broader market trends.

In terms of performance metrics, Rigetti Computing has shown remarkable growth over various time frames. Over the past year, the stock has skyrocketed by 2301.94%, significantly outperforming the S&P 500, which recorded a gain of only 17.14%. Year-to-date, Rigetti has achieved a 62.12% increase, while the S&P 500 has risen by 12.22%.

Despite these impressive short-term gains, the company faces challenges, including a decline in net sales, which fell by 21.78% in the most recent quarter. Additionally, the company has reported a negative EBITDA and a concerning annual growth rate of -50.83% in net sales over the last five years. With a market capitalization of USD 4,911 million, Rigetti Computing remains a small-cap player in the competitive IT hardware landscape.
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