Rigetti Computing to Participate in Fireside Chat at 21st Annual Needham Technology, Media, & Consumer Conference
Rhea-AI Summary
Rigetti Computing (Nasdaq: RGTI) announced that CEO Dr. Subodh Kulkarni will participate in a fireside chat and that Dr. Kulkarni and CFO Jeff Bertelsen will hold one-on-one investor meetings at the 21st Annual Needham Technology, Media, & Consumer Conference on Wednesday, May 13, 2026 at 8:45 AM ET.
Investors can watch a live webcast via Rigetti's investor relations Events page; a replay will be available for 90 days after the event.
AI-generated analysis. Not financial advice.
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News Market Reaction – RGTI
On the day this news was published, RGTI gained 3.22%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.2% during that session. Argus tracked a trough of -2.2% from its starting point during tracking. Our momentum scanner triggered 64 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $209M to the company's valuation, bringing the market cap to $6.69B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
RGTI gained 1.14% while quantum peers showed mixed moves: QBTS +2.32%, QUBT +3.91%, IONQ -1.68%, LOGI -0.27%, PSTG +3.61%. No consistent sector-wide direction is evident.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 27 | Earnings date notice | Neutral | -3.1% | Announcement of Q1 2026 results release and conference call timing. |
| Apr 07 | Product milestone | Positive | +5.0% | General availability of 108-qubit Cepheus-1-108Q via cloud platforms. |
| Mar 31 | Product sale | Positive | -3.9% | Sale of a 9-qubit Novera QPU to the University of Saskatchewan. |
| Mar 25 | Expansion plan | Positive | -4.8% | Plan to invest up to $100 million in UK quantum development. |
| Mar 04 | Earnings results | Negative | -4.5% | Q4 2025 and full-year 2025 results with sizeable GAAP net loss. |
Recent stock reactions to news have often skewed negative, even on operational milestones, with only the 108-qubit system launch showing a positive move.
Over the last few months, Rigetti has reported multiple operational and financial updates. On Mar 4, 2026, Q4 2025 and full-year results preceded a -4.45% move. Investment and expansion news, including a planned $100 million UK investment on Mar 25, saw a -4.82% reaction. Product milestones like the 108-qubit system launch on Apr 7 produced a +4.99% move. An earnings-date announcement on Apr 27 coincided with a -3.08% move. Today’s conference-participation news fits within this mix of strategic and investor-relations updates.
Market Pulse Summary
This announcement highlights Rigetti’s participation in a high-profile Needham conference, with a fireside chat on May 13, 2026 at 8:45 AM ET and a webcast replay available for 90 days. It continues the company’s pattern of frequent operational and investor updates, following recent product, expansion, and earnings news. Investors may watch this event for qualitative commentary on roadmap, commercialization progress, and how management frames recent milestones.
AI-generated analysis. Not financial advice.
BERKELEY, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, today announced that CEO Dr. Subodh Kulkarni and CFO Jeff Bertelsen will host one-on-one meetings, and that Dr. Kulkarni will participate in a fireside chat at the 21st Annual Needham Technology, Media, & Consumer Conference on Wednesday, May 13, 2026.
Information for the event is as follows:
Webcast registration link: https://event.summitcast.com/view/aZxVFEntdXZooQDEsVxUoT/h2oENPxwUnC3M9VFutZyyb
Presentation date: Wednesday, May 13, 2026
Time: 8:45 AM ET
Investors can view a live webcast of the event by visiting the “Events” section of Rigetti’s Investor Relations website at https://investors.rigetti.com/news-events/events. A replay will be available at the same location for 90 days following the conclusion of the event.
About Rigetti
Rigetti is a pioneer in full-stack quantum computing. Rigetti quantum computers are based on superconducting qubits, which are widely believed to be the leading qubit modality given their maturity, clear path to scaling, and fast gate speeds. Current Rigetti quantum computing systems achieve gate speeds of 50-70 nanoseconds, which is about 1,000 times faster than alternative modalities such as trapped-ion and neutral-atom systems.
Rigetti sells on-premises 9-qubit to 108-qubit quantum computing systems, supporting national laboratories and quantum computing centers. Rigetti’s Cepheus 36-qubit to 108-qubit systems are based on the Company’s proprietary chiplet-based technology and include the Company’s control electronics. Rigetti’s 9-qubit Novera QPU supports a broader R&D community with a high-performance, on-premises QPU designed to plug into a customer’s existing cryogenic and control systems.
The Company operates quantum computers over the cloud through its Rigetti Quantum Cloud Services (QCS) platform, enabling global enterprise, government, and research clients to pursue R&D. The Company’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing.
Rigetti developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. Leveraging this proprietary technology, Rigetti deployed the industry’s largest multi-chip quantum computer in 2026 with Cepheus-1-108Q, based on twelve 9-qubit chiplets tiled together. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at https://www.rigetti.com/
Rigetti Computing Media Contact:
press@rigetti.com
Rigetti Computing Investor Relations Contact:
IR@rigetti.com
