Rigetti Computing Inc. (RGTI)
NASDAQ:RGTI
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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)30.71M
Market Cap
$5.93B
Enterprise Value$5.48B
Total Cash (Recent Filing)$48.15M
Total Debt (Recent Filing)$6.78M
Price to Earnings (P/E)35.2
Beta2.65
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. Volume31,308,785
30 Day Avg. Volume30,707,499
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 Cap0.92
Enterprise Value/Revenue547.43
Enterprise Value/Gross Profit-2.76K
Enterprise Value/Ebitda-21.05
Forecast
1Y Price Target
$30.00Price Target Upside51.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)-0.16
Revenue Forecast (FY)$23.54M
Bulls Say, Bears Say
Bulls Say
Manufacturing CapabilityResolution of a Cepheus qubit fidelity issue via a quick fix and the benefits of an in‑house fabrication facility demonstrate improved manufacturing control and enable the machine to ship at targeted fidelity.
Sales MomentumAnalyst notes rising demand for on‑premises quantum processors, recent purchase orders for both larger and smaller systems, and growing cloud revenues through partners such as AWS, supporting a strengthening sales pipeline.
Technical PerformanceAnalyst highlights substantial technical progress on a multi‑chip architecture and a demonstrated adiabatic controlled‑Z gate with very high two‑qubit fidelity, indicating meaningful improvements in qubit performance and scalability.
Bears Say
Capital And Manufacturing RiskPotential need to build a new fabrication facility creates significant funding risk due to long lead times for specialized equipment, while outsourcing to external foundries could slow innovation and lab‑to‑fab turnaround.
Revenue VolatilityRevenue fell short of forecasts because no machines were sold, illustrating lumpy and unpredictable revenue patterns that can pressure near‑term financial results.
Technical CompetitivenessAnalyst cautions that two‑qubit gate error rates are higher than leading peers and that a delayed system rollout could weaken the company's competitiveness unless error rates 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 $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 $5.93B.
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 79 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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Analyst Consensus
Moderate Buy
Average Price Target:
$30.00 (51.44% Upside)
$30.00 (51.44% 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
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Neutral
Bullish news 59%
Bearish news 41%
Bearish news 41%
Technicals
SMA
Negative
20 days / 200 days
Momentum
54.67%
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 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 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
$30.00
▲(51.44% Upside)
Technical Analysis
Ownership Overview
0.58% Insiders
14.48% Mutual Funds
9.48% Other Institutional Investors
58.43% Public Companies and Individual Investors