Rigetti Computing's Cepheus-108Q Launch Viewed as Major Milestone, Wedbush Says,
Idag, 17:32
11:32 AM EDT, 05/12/2026 (MT Newswires) -- Rigetti Computing's (RGTI) launch of its Cepheus-108Q system on major cloud platforms last month represents an important product and commercial milestone for the company, Wedbush Securities said Tuesday in a report.
Rigetti's progress on its chiplet-based architecture provides a credible and scalable path toward building higher-qubit superconducting systems, the report said.
Wedbush cited the company's plan to invest up to $100 million in the UK over the coming years as a meaningful step toward establishing a second major operating base.
Wedbush reiterated its outperform rating on Rigetti stock and its $40 price target.
Price: 18.89, Change: -1.62, Percent Change: -7.90
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Rigetti Computing's Cepheus-108Q Launch Viewed as Major Milestone, Wedbush Says,
Idag, 17:32
11:32 AM EDT, 05/12/2026 (MT Newswires) -- Rigetti Computing's (RGTI) launch of its Cepheus-108Q system on major cloud platforms last month represents an important product and commercial milestone for the company, Wedbush Securities said Tuesday in a report.
Rigetti's progress on its chiplet-based architecture provides a credible and scalable path toward building higher-qubit superconducting systems, the report said.
Wedbush cited the company's plan to invest up to $100 million in the UK over the coming years as a meaningful step toward establishing a second major operating base.
Wedbush reiterated its outperform rating on Rigetti stock and its $40 price target.
Price: 18.89, Change: -1.62, Percent Change: -7.90
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