11 Best Computer Hardware Stocks to Buy for the Long Term

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10. Rigetti Computing Inc. (NASDAQ:RGTI)

Rigetti Computing Inc. (NASDAQ:RGTI) is one of the 11 best computer hardware stocks to buy for the long term.

On March 5, Kevin Garrigan from Jefferies decreased the firm’s price target on Rigetti Computing Inc. (NASDAQ:RGTI) to $20 from $30. The analyst maintains a Hold rating on the stock, which currently yields almost 18% upside potential following the revision.

Despite the target adjustment, Garrigan views Rigetti’s operational momentum positively, citing improved system sales momentum and multiple 2026 contract wins. Additionally, management’s progress in speed and error rates, along with reassurance on their March timeline for the 108-qubit system deployment, turns out to be the key encouraging factor for the company’s near-term outlook.

Earlier on March 5, Rigetti Computing Inc. (NASDAQ:RGTI) announced Q4 revenue of $1.9 million versus the consensus forecasts of $2.3 million. Cash & equivalents, and available-for-sale investments as of Dec 31, 2025, were $589.8 million. CEO Dr. Subodh Kulkarni stated the company made significant progress in fidelity, scale, and system architecture during 2025.

The focus remains on achieving practical quantum advantage, with key strategy elements validated, including improved two-qubit gate fidelity across monolithic and chiplet-based systems and continued scaling momentum in superconducting quantum technology. The vertically integrated full-stack development approach enables faster iteration, IP protection, and performance improvements as the company scales beyond 100 qubits.

Rigetti Computing Inc. (NASDAQ:RGTI) is a quantum computing and semiconductor hardware company that designs and builds superconducting quantum processors. Through its cloud-based platform, the company provides quantum-computing-as-a-service to commercial, academic, and government partners. By combining advanced hardware with specialized software, it enables organizations to explore and develop powerful, next-generation computational applications.

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