Down 70%, Should You Buy the Dip on Rigetti Computing?

2026-03-05 02:20:00 ET

Shares of Rigetti Computing (NASDAQ: RGTI) are down nearly 70% from their 52-week high (as of Feb. 27, 2026). Not surprisingly, bargain hunters are paying attention. Sharp pullbacks in emerging technology stocks, especially in industries like quantum computing, often prompt investors to ask whether this dip can be an entry point to earn exceptional long-term returns.

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But a lower share price does not automatically make a stock attractive. Rigetti remains an early-stage quantum hardware developer operating in a capital-intensive field with minimal revenue, heavy operating losses, negative cash flows, and a concentrated customer base. While the company is advancing its superconducting (electrical circuits that conduct electricity with zero resistance when cooled to extremely low temperatures) quantum processors and cloud-based quantum services, the path to sustainable profitability is still unclear.

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