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RGTI Stock Chart & Stats
$19.81
-$8.86(-48.15%)
At close: 4:00 PM EST
$19.81
-$8.86(-48.15%)
Day’s Range― - ―
52-Week Range$10.30 - $58.15
Previous CloseN/A
Volume201.44M
Average Volume (3M)53.58M
Market Cap
$6.10B
Enterprise Value$6.69B
Total Cash (Recent Filing)$418.25M
Total Debt (Recent Filing)$6.78M
Price to Earnings (P/E)―
Beta2.88
Next Earnings
Aug 06, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.71
Shares Outstanding332,398,800
10 Day Avg. Volume38,805,859
30 Day Avg. Volume53,580,185
Financial Highlights & Ratios
PEG Ratio0.88
Price to Book (P/B)12.56
Price to Sales (P/S)968.01
P/FCF Ratio-88.85
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue667.74
Enterprise Value/Gross Profit-3.37K
Enterprise Value/Ebitda-30.85
Forecast
1Y Price Target
$30.63Price Target Upside54.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)-0.19
Revenue Forecast (FY)$23.53M
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetRigetti's large cash and investment base and negligible debt provide a multiyear funding runway to support R&D, elevated CapEx and Fab buildout without near-term reliance on market financing. This financial cushion sustainably reduces execution risk while the company scales hardware and chiplet development.
108‑qubit Chiplet LaunchGeneral availability of the 108‑qubit, chiplet‑based Cepheus-1 validates Rigetti's technical scaling approach and delivers a durable product differentiation. That milestone reduces execution risk for larger systems, strengthens roadmap credibility and supports multi-year commercialization of superconducting hardware.
Multi‑cloud Distribution & CustomersDistribution across major cloud marketplaces and early on‑prem sales create multiple durable revenue channels and partnerships. Multi‑cloud access broadens addressable demand, embeds Rigetti in enterprise/government workflows, and increases the odds of recurring service and systems contracts over the next several quarters.
Bears Say
Ongoing Cash BurnNegative operating and free cash flow at meaningful absolute levels, relative to tiny revenue, imply continued reliance on the balance sheet or external financing. Persisting cash burn can force dilution, slow program spending or compress runway if revenue growth and margin improvements do not materialize within months.
Modest, Lumpy RevenueRevenue remains low and timing dependent on system deliveries and milestone recognition, limiting near‑term ability to absorb fixed R&D and CapEx. This structural revenue volatility impairs predictability, making it harder to steadily improve margins or demonstrate self‑funding over a 2–6 month horizon.
Coherence Limits At ScaleEngineering shows coherence time as the primary bottleneck beyond 100 qubits. Achieving the needed multi‑fold coherence gains is a technical challenge that could delay fidelity targets and commercial applicability of larger systems, posing a durable execution risk to the company’s multi‑year quantum advantage timeline.
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 $10.30 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 $6.10B.
When is Rigetti Computing Inc.’s upcoming earnings report date?
Rigetti Computing Inc.’s upcoming earnings report date is Aug 06, 2026 which is in 37 days.
How were Rigetti Computing Inc.’s earnings last quarter?
Rigetti Computing Inc. released its earnings results on May 11, 2026. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.041 by $0.001.
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 -0.05.
How many shares outstanding does Rigetti Computing Inc. have?
Rigetti Computing Inc. has 332,398,800 shares outstanding.
What happened to Rigetti Computing Inc.’s price movement after its last earnings report?
Rigetti Computing Inc. reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.041. Following the earnings report the stock price went down -7.021%.
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$30.63 (54.59% Upside)
$30.63 (54.59% Upside)
Blogger Sentiment
Neutral
RGTI Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 56.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Neutral
Bullish news 55%
Bearish news 45%
Bearish news 45%
Technicals
SMA
Negative
20 days / 200 days
Momentum
65.25%
12-Months-Change
Fundamentals
Return on Equity
-43.94%
Trailing 12-Months
Asset Growth
141.77%
Trailing 12-Months
Company Description
Rigetti Computing Inc.
Rigetti Computing, Inc. operates as a full-stack quantum computing enterprise. This company develops and manufactures both quantum computers and the crucial superconducting quantum processors that enable their operation. Its sophisticated machines are made accessible through diverse cloud environments—public, private, or hybrid—via its specialized Quantum Cloud Services platform. The firm was established in 2013 and has its headquarters in Berkeley, California.
RGTI Company Deck
RGTI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized meaningful technical and commercial progress — notably the general availability of a 108‑qubit modular system with competitive fidelity and multi‑cloud distribution, strong year‑over‑year revenue growth, a healthy cash position and strategic partnerships/investment plans — while acknowledging near‑term operational challenges: elevated R&D and CapEx, lumpy revenue recognition, GAAP volatility from noncash items, and the need to improve coherence to lift fidelity at scale. On balance, the positive technology milestones, customer traction and financial flexibility outweigh the near‑term cost and timing headwinds.View all RGTI earnings summariesRGTI Stock 12 Month Forecast
Average Price Target
$30.63
▲(54.59% Upside)
Technical Analysis
Ownership Overview
0.42% Insiders
14.34% Mutual Funds
9.48% Other Institutional Investors
57.11% Public Companies and Individual Investors