RGTI Stock Chart & Stats
$272.60
$24.55(9.90%)
At close: 4:00 PM EDT
$272.60
$24.55(9.90%)
Day’s Range― - ―
52-Week Range$227.86 - $1,070.57
Previous CloseN/A
Volume2.77K
Average Volume (3M)6.84K
Market Cap
$106.84B
Enterprise Value$6.05K
Total Cash (Recent Filing)$393.71M
Total Debt (Recent Filing)$7.70M
Price to Earnings (P/E)―
Beta0.67
Next Earnings
Nov 16, 2026EPS Estimate
-0.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.74
Shares OutstandingN/A
10 Day Avg. Volume3,177
30 Day Avg. Volume6,842
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$462.89Price Target Upside69.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)-3.21
Revenue Forecast (FY)$405.03M
Bulls Say, Bears Say
Bulls Say
Balance Sheet Strength / LiquidityA large cash balance and minimal debt provide multi-quarter runway to fund R&D, Fab‑1 CapEx and deployment without immediate solvency pressure. Structurally this lowers near‑term financing risk, enabling the company to pursue capital‑intensive technical milestones and customer deployments.
Technical Leadership & RoadmapDemonstrated high fidelities on the Cepheus‑1‑108Q and being one of only a few gate‑based, >100‑qubit systems establishes durable technical differentiation. A published roadmap toward ~1,000 qubits with fidelity and speed targets creates a clear product evolution path to compete for long‑term commercial and government workloads.
Top‑line Momentum & Improving MarginsRapid YoY revenue growth driven by on‑prem Novera sales and a meaningful gross margin increase indicate improving product/contract mix and early unit economics. If sustained, this structural trend supports scaling commercial deployments and improves the likelihood of moving toward self‑funding operations over time.
Bears Say
Negative Cash Generation / Cash BurnPersistent negative operating and free cash flow implies ongoing cash burn to fund R&D and build manufacturing infrastructure. Even with strong cash reserves today, continued negative cash generation plus elevated CapEx increases dependence on external financing or dilution, constraining long‑term financial flexibility.
Large Operating Losses & Limited Earnings QualityVery large trailing losses and negative gross profit show the business has not yet achieved sustainable unit economics. Revenue remains small relative to the cost base, meaning profitability hinges on substantial scaling and cost control; investors currently finance experimental development rather than receive operating returns.
Technical Scalability Risk (coherence)Coherence time is a fundamental limiter on gate fidelity and error rates; current 25–30 μs requires materials and process advances that remain experimental. Structural technical risk could delay fidelity and scaling targets, slowing commercial usefulness and jeopardizing roadmap timelines and competitive positioning.
Rigetti Computing News
RGTI FAQ
What was Rigetti Computing’s price range in the past 12 months?
Rigetti Computing lowest stock price was $227.86 and its highest was $1070.57 in the past 12 months.
What is Rigetti Computing’s market cap?
Rigetti Computing’s market cap is $106.84B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s upcoming earnings report date is Nov 16, 2026 which is in 90 days.
How were Rigetti Computing’s earnings last quarter?
Rigetti Computing released its earnings results on Aug 06, 2026. The company reported -$0.853 earnings per share for the quarter, missing the consensus estimate of -$0.785 by -$0.068.
Is Rigetti Computing overvalued?
According to Wall Street analysts Rigetti Computing’s price is currently Undervalued.
Does Rigetti Computing pay dividends?
Rigetti Computing does not currently pay dividends.
What is Rigetti Computing’s EPS estimate?
Rigetti Computing’s EPS estimate is -0.85.
How many shares outstanding does Rigetti Computing have?
Currently, no data Available
What happened to Rigetti Computing’s price movement after its last earnings report?
Rigetti Computing reported an EPS of -$0.853 in its last earnings report, missing expectations of -$0.785. Following the earnings report the stock price went up 6.993%.
Which hedge fund is a major shareholder of Rigetti Computing?
Currently, no hedge funds are holding shares in MX: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:
$462.89 (69.81% Upside)
$462.89 (69.81% Upside)
Blogger Sentiment
Neutral
MX:RGTI Sentiment 54%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $226.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.29%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1.81%
Trailing 12-Months
Company Description
Rigetti Computing
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasizes meaningful technical progress (108-qubit Cepheus system fidelity and speed), accelerating commercial and government engagements (LOI for up to $100M, HPE/PSC collaboration), and strong YoY revenue growth and improved gross margin. These positives are tempered by rising operating expenses, larger GAAP and non-GAAP losses, continued experimental technical risks (coherence time limitations), modest absolute revenue, elevated CapEx, and conditionality around the CHIPS funding. On balance the call projects confident execution and strategic momentum while acknowledging near-term financial and technical headwinds.View all MX:RGTI earnings summariesRGTI Stock 12 Month Forecast
Average Price Target
$462.89
▲(69.81% Upside)