Rigetti Computing (RGTI)
NASDAQ:RGTI
RGTI Stock Chart & Stats
$14.19
-$8.86(-48.15%)
At close: 4:00 PM EST
$14.19
-$8.86(-48.15%)
Day’s Range― - ―
52-Week Range$6.86 - $58.15
Previous CloseN/A
Volume201.44M
Average Volume (3M)26.80M
Market Cap
$4.71B
Enterprise Value$4.68B
Total Cash (Recent Filing)$443.51M
Total Debt (Recent Filing)$7.17M
Price to Earnings (P/E)―
Beta2.58
Next Earnings
May 18, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding332,150,540
10 Day Avg. Volume25,002,931
30 Day Avg. Volume26,802,094
Financial Highlights & Ratios
PEG Ratio0.89
Price to Book (P/B)12.56
Price to Sales (P/S)968.01
P/FCF Ratio-88.85
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue660.11
Enterprise Value/Gross Profit2.27K
Enterprise Value/Ebitda-18.21
Forecast
1Y Price Target
$32.63Price Target Upside129.95% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.17
Revenue Forecast (FY)$23.22M
Bulls Say, Bears Say
Bulls Say
Commercial TractionGrowing orders for on‑premises processors, an expanding sales pipeline for system sales, and rising cloud usage through major partners point to improving commercial momentum and revenue diversification.
Qubit PerformanceDemonstrated high two‑qubit gate fidelity using an adiabatic controlled‑Z scheme and rapid gate speeds indicate improved qubit performance that supports stronger computational accuracy.
Scaling TechnologyAnalyst highlights a multi‑chip architecture with a tunable coupler approach as advancing the company's ability to network chips and scale processor size, which could materially ease progress toward larger quantum systems.
Bears Say
Competitive And Technical GapHigher two‑qubit gate error rates compared with leading peers, combined with delayed system rollouts, could weaken competitiveness unless error rates improve and timelines are met.
Funding And Capital RiskPotential need to build a new fabrication facility presents significant funding risk because specialized equipment has long lead times and could strain cash resources as development scales.
Revenue VolatilityLumpy sales and a quarter with no machine shipments led to revenues falling short of forecasts, underscoring revenue volatility tied to discrete system orders.
Rigetti Computing News
RGTI FAQ
What was Rigetti Computing’s price range in the past 12 months?
Rigetti Computing lowest stock price was $6.86 and its highest was $58.15 in the past 12 months.
What is Rigetti Computing’s market cap?
Rigetti Computing’s market cap is $4.71B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s upcoming earnings report date is May 18, 2026 which is in 41 days.
How were Rigetti Computing’s earnings last quarter?
Rigetti Computing released its earnings results on Mar 04, 2026. The company reported -$0.03 earnings per share for the quarter, beating the consensus estimate of -$0.033 by $0.003.
Is Rigetti Computing overvalued?
According to Wall Street analysts Rigetti Computing’s price is currently Undervalued.
Does Rigetti Computing pay dividends?
Rigetti Computing does not currently pay dividends.
What is Rigetti Computing’s EPS estimate?
Rigetti Computing’s EPS estimate is -0.04.
How many shares outstanding does Rigetti Computing have?
Rigetti Computing has 332,150,540 shares outstanding.
What happened to Rigetti Computing’s price movement after its last earnings report?
Rigetti Computing reported an EPS of -$0.03 in its last earnings report, beating expectations of -$0.033. Following the earnings report the stock price went down -4.448%.
Which hedge fund is a major shareholder of Rigetti Computing?
Currently, no hedge funds are holding shares in RGTI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Rigetti Computing Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$32.63 (129.95% Upside)
$32.63 (129.95% Upside)
Blogger Sentiment
Neutral
RGTI Sentiment 60%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 202.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $718.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Neutral
Bullish news 57%
Bearish news 43%
Bearish news 43%
Technicals
SMA
Negative
20 days / 200 days
Momentum
67.13%
12-Months-Change
Fundamentals
Return on Equity
-51.53%
Trailing 12-Months
Asset Growth
180.35%
Trailing 12-Months
Company Description
Rigetti Computing
Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
RGTI Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantial technical progress (industry-leading gate fidelities, sub-30 ns gate speeds, validated chiplet scaling, strategic partnerships) and a materially stronger balance sheet ($590M cash) that support the multi-year roadmap. Near-term financials showed revenue decline and margin compression in Q4, plus elevated operating expenses and an intentional delay to address tunable-coupler issues on the 108-qubit system. On balance, strong technical momentum and cash runway outweigh the near-term revenue and margin headwinds, though execution risks and the long commercialization timeline remain.View all RGTI earnings summariesRGTI Stock 12 Month Forecast
Average Price Target
$32.63
▲(129.95% Upside)
Technical Analysis
Ownership Overview
0.65% Insiders
14.80% Mutual Funds
8.51% Other Institutional Investors
59.61% Public Companies and Individual Investors