New York, Feb 27, 2026, 07:44 EST — Premarket
- Rigetti Computing dropped almost 3% in premarket, giving back some of Thursday’s 6% pop.
- Quantum names have tended to trade in sync lately, tracking each other as fresh earnings and forecasts hit the tape.
- Rigetti will post its results March 4, followed by a conference call at 5 p.m. ET.
Rigetti Computing slipped 2.9% to around $18.10 before the bell Friday, pulling back after a 5.7% rally the previous session that took shares to $18.64.
This swift reversal stands out, as quantum-computing stocks have been moving in unison rather than on their own merits lately. Traders have jumped in and out, reacting to momentum shifts tied to the sector’s earnings reports and forecasts.
Rigetti hasn’t posted results yet, so the immediate setup is straightforward. But once the next company drops its numbers and budgets, any sympathy move could unwind just as quickly.
IonQ reported late Wednesday that its fourth-quarter revenue hit $61.9 million, with projections for 2026 coming in at $225 million to $245 million. CEO Niccolo de Masi described 2025 as “a strategic and financial inflection point.” CFO and COO Inder Singh also noted commercial customers are expected to generate over 60% of next year’s revenue. IonQ Investors
D-Wave Quantum, a peer in the space, reported closing out 2025 with liquidity north of $884 million and flagged “Bookings”—the company’s shorthand for customer orders lining up as future revenue—as an early gauge of interest. CEO Alan Baratz described “exceptional momentum” going into 2026, pointing to January bookings topping $30 million and an enterprise quantum-computing-as-a-service deal in the eight figures. D-Wave
Tech stocks traded unevenly Thursday. Nvidia stumbled post-earnings, dragging the Nasdaq down 1.2%, while the S&P 500 slipped 0.5%. Quantum names held their ground.
The risk remains. Some of the strongest print-and-raise names are showing solid revenue growth—but they’re still reporting steep losses and leaning into ambitious investment. Those targets? They can swing fast if a deal gets delayed or customers defer projects.
Next up, traders are watching to see if Rigetti can keep Thursday’s advance once the regular session kicks off. Attention then shifts to the company’s March 4 earnings report after the bell, with the 5 p.m. ET call expected to bring any fresh detail on demand projections and spending plans out to 2026.
