Rigetti Computing, Inc. (RGTI) Collaborates With Montana State University, launching QCORE; Cantor Fitzgerald Raises PT to $18

With significant upside potential, Rigetti Computing, Inc. (NASDAQ:RGTI) secures a spot on our list of the 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

On August 13, 2025, Cantor Fitzgerald raised its price target for Rigetti Computing, Inc. (NASDAQ:RGTI) from $15 to $18, keeping an Overweight rating. The firm highlighted Rigetti’s potential for 15% of the worldwide quantum market by 2035, with a present value of $477 million in projected revenue.

On August 20, Rigetti Computing, Inc. (NASDAQ:RGTI) announced a collaboration with Montana State University, launching QCORE, a new research hub with an on-premises 9-qubit Novera™ QPU. The project will support R&D in quantum hardware and hybrid systems and promote workforce development. Together, the improved outlook and academic collaboration highlight Rigetti’s growing importance in developing next-generation quantum technology.

Rigetti Computing, Inc. (NASDAQ:RGTI) develops superconducting quantum processors and provides quantum computing systems and cloud services to businesses, governments, and academic organizations worldwide. It is one of the Best Quantum Computing Stocks.

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