10 Best Quantum Computing Stocks to Buy for 2026
๐ Rosenblatt analyst John McPeake initiated coverage of Rigetti Computing with a 'Buy' rating and a $40 price objective.
๐ฌ The firm highlights Rigetti's modular approach to qubit scaling and its internal fabrication strategy as key competitive advantages.
๐ค Rigetti is collaborating with Riverlane on quantum error correction, viewed as promising for medium- to long-term growth.
๐ Rigetti revised its roadmap for the Cepheusโข-1-108Q system, targeting general availability by the end of Q1 2026.
๐ฏ The company is focused on achieving a 99.5% median two-qubit gate fidelity in its next-generation systems.
๐ผ Rigetti operates as an integrated systems provider building quantum computers and superconducting processors.
Bullish Signals
- Rosenblatt initiated coverage with a 'Buy' rating and a $40 price objective, citing the company's modular approach to qubit scaling.
- The firm praises Rigetti's internal fabrication capabilities as a significant strength for its quantum computing business.
- Rigetti's partnership with Riverlane on quantum error correction is viewed as promising for medium- to long-term strategic value.
Full Analysis
Rigetti Computing, Inc. (NASDAQ: RGTI) is included in a list of top quantum computing stocks for 2026, highlighted by analyst John McPeake from Rosenblatt who initiated coverage with a 'Buy' rating and a $40 price objective. The analyst specifically praises Rigetti's modular approach to qubit scaling and its internal fabrication capabilities as key strengths.
The article notes that Rigetti is working with Riverlane, a leading partner in quantum error correction, which the firm views as promising for medium- to long-term value. Additionally, Rigetti recently revised its roadmap for its Cepheusโข-1-108Q system, anticipating general availability around the end of Q1 2026.
The company aims to achieve a 99.5% median two-qubit gate fidelity as it builds higher-qubit-count systems. Rigetti is described as an integrated systems company that builds quantum computers and superconducting quantum processors, positioning it within the broader sector expected to grow from $4 billion to $70 billion over the next decade.