{{articledata.title}}

Rigetti Computing (NASDAQ: $RGTI ) is a small-cap stock that's betting big on the future.

The Silicon Valley-based company is a leading player in the race to develop quantum computers, which are essentially supercomputers capable of incredible computations.

As one might expect, the stock of Rigetti, which makes the circuits used in quantum computers, can be volatile, offering investors a high risk-reward premium.

While RGTI stock is up 27% this year, it has jumped an astounding 1,785% in the past 12 months. Over five years, the share price is up a little more than 150%.

Such volatility comes with the territory in an unproven sector such as quantum computing. Still, there are many investors and analysts that are forecasting a bright future for Rigetti Computing.

The company recently reported mixed financial results for this year's third quarter.

Rigetti Computing announced an earnings per share loss of -$0.03 U.S., which was abetter than a consensus estimate of a -$0.04 U.S. loss.

Revenue in the quarter totaled $1.94 million U.S., which missed analyst forecasts of $2.17 million U.S.

Management at Rigetti said they expect to deploy a 150-plus qubit system by or around the end of 2026 and anticipate deploying a 1,000+ qubit system by the end of 2027.

Those deployments are anticipated to dramatically increase the company's computing capacity.

With a market capitalization of $8.40 billion U.S., Rigetti Computing remains a small-cap stock. And there's no dividend offered by the still unprofitable company.

Investors who can stomach the volatility might find a bet on RGTI stock worth it in the long run but should expect many highs and lows along the way.