Down 57% From All-Time Highs, Is This Quantum Computing Stock the Bargain of the Decade?
Portfolio Pulse from
The quantum computing sector is experiencing a significant pullback, with Rigetti Computing (RGTI) down 57% from its all-time highs. Despite initial excitement around quantum computing and AI, the company's high price-to-sales ratio of 225 and substantial net losses suggest the stock may not be a bargain at current levels.
March 30, 2025 | 8:45 am
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NEGATIVE IMPACT
The Defiance Quantum ETF experienced similar price movements to individual quantum computing stocks, indicating sector-wide investment trends and volatility.
ETF performance suggests broader market skepticism about near-term quantum computing investment potential
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75
NEGATIVE IMPACT
Rigetti Computing is experiencing significant stock price pressure due to high valuation, limited revenue ($10.8M), and substantial net losses ($201M). The company's high price-to-sales ratio suggests potential overvaluation.
High P/S ratio, significant net losses, and limited revenue indicate potential continued downward pressure on stock price
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100