New insider activity at Rigetti Computing ( (RGTI) ) has taken place on May 22, 2025.
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In recent transactions, Rigetti Computing’s top executives have made significant stock sales. CFO Jeffrey Bertelsen sold 227,402 shares, amounting to $2,649,641. Meanwhile, President & CEO Subodh Kulkarni parted with 1,000,000 shares, totaling a substantial $12,000,000.
Recent Updates on RGTI stock
Rigetti Computing has experienced significant developments recently, with a mixed sentiment emerging from its Q1 earnings call. The company announced strategic wins, including participation in DARPA’s Quantum Benchmarking Initiative and a $35 million investment from Quanta Computer, which are expected to bolster its future growth. However, these positive strides are overshadowed by financial challenges, such as declining revenue and gross margins, increased operating expenses, and a dependency on government funding. Despite these hurdles, Rigetti’s strategic partnerships and technological advancements, such as its involvement in high-profile government projects and successful quantum optimization algorithms, suggest a promising outlook. The stock has seen bullish options activity, with call volumes significantly above average, reflecting investor optimism about Rigetti’s potential to overcome its current financial difficulties and capitalize on its strategic initiatives.
Spark’s Take on RGTI Stock
According to Spark, TipRanks’ AI Analyst, RGTI is a Neutral.
Rigetti Computing’s overall score reflects significant financial challenges with declining revenues and cash flow issues, offset by positive technical indicators and strategic partnerships. While the company is making strides in strategic initiatives and partnerships, its financial health remains a concern, impacting its valuation negatively.
To see Spark’s full report on RGTI stock, click here.
More about Rigetti Computing
YTD Price Performance: -40.40%
Average Trading Volume: 48,596,361
Technical Sentiment Signal: Buy
Current Market Cap: $3.5B