Rigetti Computing to Participate in Fireside Chat at 28th Annual Needham Growth Conference
Rhea-AI Summary
Rigetti Computing (Nasdaq: RGTI) 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 28th Annual Needham Growth Conference on Tuesday, January 13, 2026.
The presentation is scheduled for 12:45 PM ET. Investors can register for the live webcast via the provided registration link and view the live stream or a replay on Rigetti’s Investor Relations Events page; a replay will be available for 90 days after the event.
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News Market Reaction
On the day this news was published, RGTI gained 5.97%, reflecting a notable positive market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $480M to the company's valuation, bringing the market cap to $8.53B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Key quantum peers showed mixed but mostly positive moves, with QBTS up 4.4%, QUBT up 4.36%, and IONQ up 1.65%, while LOGI slipped 0.92% and PSTG rose 0.85%. Momentum scans only flagged WDC (+4.15%) and no peers had same-day news, suggesting stock-specific rather than broad sector drivers.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 10 | Q3 2025 earnings | Negative | -2.0% | Quarterly results with declining revenue and large operating and net losses. |
| Oct 28 | AI collaboration | Positive | -7.9% | Support for NVIDIA NVQLink to integrate AI supercomputing with quantum systems. |
| Oct 28 | Earnings scheduling | Neutral | -7.9% | Announcement of Q3 release date and investor call logistics details. |
| Sep 30 | System orders | Positive | +0.5% | Purchase orders totaling <b>$5.7M</b> for two 9‑qubit Novera quantum systems. |
| Sep 18 | AFRL contract win | Positive | +12.5% | Award of a <b>$5.8M</b> AFRL contract to advance superconducting quantum networking. |
Recent history shows stronger positive reactions to clear commercial wins and government contracts, while technology partnerships and earnings updates have sometimes coincided with negative or muted price moves.
Over the last few months, Rigetti has reported Q3 2025 results with a $1.947M revenue base alongside significant operating and net losses, supported by a sizable cash and U.S. Treasury position. The company announced support for NVIDIA’s NVQLink AI–quantum platform and scheduled its Q3 earnings call. Commercial traction included $5.7M in Novera system purchase orders and a $5.8M AFRL contract for superconducting quantum networking. This conference appearance fits into a pattern of active investor outreach alongside growing commercial and partnership activity.
Market Pulse Summary
The stock moved +6.0% in the session following this news. A strong positive reaction aligns with past enthusiasm around Rigetti’s visibility and commercial progress, such as the 12.51% move after the $5.8M AFRL contract. However, earlier AI collaboration news saw a -7.88% move, showing that sentiment has been volatile. A conference-driven surge could depend on how convincingly management updates the roadmap and commercial pipeline, and whether prior financing and insider selling activity shape investor risk perceptions.
Key Terms
quantum-classical computing technical
AI-generated analysis. Not financial advice.
BERKELEY, Calif., Jan. 05, 2026 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack 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 28th Annual Needham Growth Conference on Tuesday, January 13, 2026.
Information for the event is as follows:
Webcast registration link: https://wsw.com/webcast/needham148/rigg/2246727
Presentation date: Tuesday, January 13, 2026
Time: 12:45 PM 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. 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. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. In 2021, Rigetti began selling on-premises quantum computing systems with qubit counts between 24 and 84 qubits, supporting national laboratories and quantum computing centers. Rigetti’s 9-qubit Novera QPU was introduced in 2023 supporting 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’s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. 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/.
Contacts
Rigetti Computing Investor Contact:
IR@rigetti.com
Rigetti Computing Media Contact:
press@rigetti.com