Rigetti Computing Announces New Stock Sale Agreement

Rigetti Computing ( (RGTI) ) has provided an announcement.

On May 29, 2025, Rigetti Computing entered into an Open Market Sale Agreement with Jefferies LLC for an ‘at-the-market’ offering program, allowing the company to issue and sell shares of its common stock up to $350 million. This agreement provides Rigetti with flexibility in raising capital, potentially impacting its financial strategy and market positioning.

The most recent analyst rating on (RGTI) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Rigetti Computing stock, see the RGTI Stock Forecast page.

Spark’s Take on RGTI Stock

According to Spark, TipRanks’ AI Analyst, RGTI is a Neutral.

Rigetti Computing’s overall stock score is primarily impacted by its financial struggles, with declining revenues and profitability issues being major concerns. While technical indicators show short-term positive momentum, the company’s high volatility and weak valuation metrics weigh heavily on its attractiveness. Strategic collaborations and technological advancements provide some optimism for future growth, but immediate financial pressures remain significant.

To see Spark’s full report on RGTI stock, click here.

More about Rigetti Computing

Rigetti Computing, Inc. is a company operating in the quantum computing industry, focusing on developing quantum integrated circuits and quantum cloud services.

Average Trading Volume: 51,702,254

Technical Sentiment Signal: Buy

Current Market Cap: $3.82B

Find detailed analytics on RGTI stock on TipRanks’ Stock Analysis page.