Investors who bought Rigetti Computing a year ago have parlayed their $100 investment into a tidy four-figure windfall.
Another 33x surge higher may not be in the cards, but don't rule out further outsized price appreciation.
Even if the federal government ends up not making a strategic investment in Rigetti, further monetization progress could still send this stock up by triple-digit percentages over the coming year.
With quantum computing beginning to supplant artificial intelligence as the hot investing trend, it's no surprise that stocks like Rigetti Computing (NASDAQ: RGTI) performed so well over the past year. Stocks in companies operating in this space, Rigetti included, experienced a sell-off in recent weeks, but they remain up substantially from where they were 12 months ago.
Unfortunately, we can't turn back the clock and buy into stock market winners like this one at prior prices. We can, however, take a closer look at this name and see whether it still has some outsized price growth left in it.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
A $100 investment rarely produces life-changing returns, but it can sometimes produce a tidy windfall. That's what happened here, for investors who bought Rigetti Computing a year ago on Oct. 28, 2025, when the stock was trading for around $1.22 per share.
Twelve months later, breakthroughs in quantum computing have made this a hot sector. Rigetti itself has also made some serious progress toward breaking out of the pre-revenue stage; shares have gained over 33x, turning that $100 investment into $3,369.
At current prices, the company has a market cap of over $13.2 billion. Unless quantum computing ends up being a trillion-dollar industry, it may prove difficult for Rigetti to surge another 33x again.
That said, don't assume Rigetti's latest surge will be its last. Rumors that the U.S. federal government has considered investing in quantum computing start-ups may prove untrue, but commercialization progress alone still stands to serve as a strong catalyst for the stock.
In fact, Rigetti is already selling units of its Novera quantum computing system, securing two new orders last month. The company is moving into the revenue stage far sooner than publicly traded competitors like Quantum Computing. While tough to quantify, reaching new commercialization milestones over the next 12 months could fuel the next big move for this industry first-mover.
Before you buy stock in Rigetti Computing, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rigetti Computing wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $590,287!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,173,807!*
Now, it’s worth noting Stock Advisor’s total average return is 1,047% — a market-crushing outperformance compared to 195% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of October 27, 2025
Thomas Niel has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.