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Rigetti Computing Inc. (RGTI)
NASDAQ:RGTI
RGTI Stock Chart & Stats
$16.17
-$8.86(-48.15%)
At close: 4:00 PM EST
$16.17
-$8.86(-48.15%)
Day’s Range― - ―
52-Week Range$6.86 - $58.15
Previous CloseN/A
Volume201.44M
Average Volume (3M)28.38M
Market Cap
$5.36B
Enterprise Value$5.32B
Total Cash (Recent Filing)$443.51M
Total Debt (Recent Filing)$7.17M
Price to Earnings (P/E)―
Beta2.43
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. Volume26,895,949
30 Day Avg. Volume28,376,632
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/Revenue751.02
Enterprise Value/Gross Profit2.58K
Enterprise Value/Ebitda-20.72
Forecast
1Y Price Target
$35.13Price Target Upside117.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.16
Revenue Forecast (FY)$23.13M
Bulls Say, Bears Say
Bulls Say
Cloud Channel GrowthStrong growth in cloud‑access quantum revenues driven largely by AWS sales highlights an expanding go‑to‑market channel that can generate recurring revenue without immediate hardware shipments.
Sales Pipeline And OrdersPurchase orders for both a larger Cepheus system and a smaller Novera processor, along with rising demand for on‑premises hardware, signal growing commercial traction and a strengthening sales pipeline.
Technical PerformanceA demonstration of very high two‑qubit gate fidelity using an adiabatic controlled‑Z approach indicates improving qubit performance that can enhance the platform's computational accuracy and appeal to researchers.
Bears Say
Fabrication Funding RiskA potential need to build a new fabrication facility creates significant funding risk because specialized equipment has long lead times and could strain available cash resources.
Revenue VolatilityRevenue fell short of forecasts because no machines were sold, underscoring lumpy sales patterns that increase near‑term earnings uncertainty and make forecasting more difficult.
Technical CompetitivenessHigher‑than‑peer two‑qubit gate error rates combined with a delayed system rollout weaken competitiveness and may slow customer adoption unless error rates materially improve.
Rigetti Computing News
RGTI FAQ
What was Rigetti Computing Inc.’s price range in the past 12 months?
Rigetti Computing Inc. lowest stock price was $6.86 and its highest was $58.15 in the past 12 months.
What is Rigetti Computing Inc.’s market cap?
Rigetti Computing Inc.’s market cap is $5.36B.
When is Rigetti Computing Inc.’s upcoming earnings report date?
Rigetti Computing Inc.’s upcoming earnings report date is May 18, 2026 which is in 62 days.
How were Rigetti Computing Inc.’s earnings last quarter?
Rigetti Computing Inc. 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 Inc. overvalued?
According to Wall Street analysts Rigetti Computing Inc.’s price is currently Undervalued.
Does Rigetti Computing Inc. pay dividends?
Rigetti Computing Inc. does not currently pay dividends.
What is Rigetti Computing Inc.’s EPS estimate?
Rigetti Computing Inc.’s EPS estimate is -0.04.
How many shares outstanding does Rigetti Computing Inc. have?
Rigetti Computing Inc. has 332,150,540 shares outstanding.
What happened to Rigetti Computing Inc.’s price movement after its last earnings report?
Rigetti Computing Inc. 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 Inc.?
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$35.13 (117.25% Upside)
$35.13 (117.25% Upside)
Blogger Sentiment
Neutral
RGTI Sentiment 50%
Sector Average ―
Sector Average ―
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 >0.1%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Bearish
Bullish news 39%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Negative
20 days / 200 days
Momentum
43.85%
12-Months-Change
Fundamentals
Return on Equity
-51.53%
Trailing 12-Months
Asset Growth
180.35%
Trailing 12-Months
Company Description
Rigetti Computing Inc.
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
$35.13
▲(117.25% Upside)
Technical Analysis
Ownership Overview
0.65% Insiders
14.80% Mutual Funds
8.51% Other Institutional Investors
59.61% Public Companies and Individual Investors