May. 14 at 8:36 PM
$RGTI
Rigetti Computing's Cepheus-108Q Launch Viewed as Major Milestone, Wedbush Says,
11:32:09 AM ET, 05/12/2026 - MT Newswires
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.
