RGTI Stock Chart & Stats
$279.05
$24.55(9.90%)
At close: 4:00 PM EDT
$279.05
$24.55(9.90%)
Day’s Range― - ―
52-Week Range$210.00 - $824.70
Previous CloseN/A
Volume2.77K
Average Volume (3M)10.58K
Market Cap
$71.91B
Enterprise Value$6.05B
Total Cash (Recent Filing)$393.71M
Total Debt (Recent Filing)$7.70M
Price to Earnings (P/E)―
Beta0.49
Next Earnings
Nov 16, 2026EPS Estimate
-0.94Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.74
Shares Outstanding333,768,740
10 Day Avg. Volume1,584
30 Day Avg. Volume10,584
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
$550.72Price Target Upside97.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-3.52
Revenue Forecast (FY)$435.17M
Bulls Say, Bears Say
Bulls Say
Revenue And Margin ImprovementStrong year-over-year revenue growth combined with a higher gross margin indicates improving commercial traction and product economics. If Rigetti can repeat Novera sales and convert growing cloud, academic, and government demand into deliveries, operating leverage may improve over the next several quarters.
Low Leverage And LiquidityA substantial cash position and absence of debt provide financial flexibility to fund fabrication, refrigeration, research, and customer deployments. This reduces near-term balance-sheet pressure and gives Rigetti more time to commercialize its technology before external financing becomes necessary.
Technology Scale And Government FundingThe definitive CHIPS award can accelerate Rigetti’s superconducting systems roadmap by funding critical infrastructure and fabrication capabilities. The program also reinforces the company’s strategic role in U.S. quantum infrastructure, potentially supporting technical scale and future customer credibility.
Bears Say
Persistent Losses And Cash BurnLarge losses and negative operating and free cash flow show that the business is not yet self-funding. Continued investment in hardware and infrastructure may be necessary, but persistent cash consumption could require additional financing and limit flexibility if commercialization takes longer than expected.
Small, Timing-dependent Revenue BaseRapid growth is coming from a modest revenue base, while customer acceptance, system deliveries, and government milestones can shift recognition between periods. This makes near-term revenue less predictable and leaves the company’s large cost structure insufficiently supported by recurring commercial scale.
Execution And Compliance BurdenThe CHIPS program adds valuable funding but also creates execution obligations that could increase costs and constrain strategic flexibility. Missed milestones may delay later tranches or trigger clawback, while the 7.7 million share issuance introduces dilution for existing shareholders.
Rigetti Computing News
RGTI FAQ
What was Rigetti Computing’s price range in the past 12 months?
Rigetti Computing lowest stock price was $210.00 and its highest was $824.70 in the past 12 months.
What is Rigetti Computing’s market cap?
Rigetti Computing’s market cap is $71.91B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s upcoming earnings report date is Nov 16, 2026 which is in 21 days.
How were Rigetti Computing’s earnings last quarter?
Rigetti Computing released its earnings results on Aug 06, 2026. The company reported -$0.935 earnings per share for the quarter, missing the consensus estimate of -$0.86 by -$0.075.
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 -0.94.
How many shares outstanding does Rigetti Computing have?
Rigetti Computing has 333,768,740 shares outstanding.
What happened to Rigetti Computing’s price movement after its last earnings report?
Rigetti Computing reported an EPS of -$0.935 in its last earnings report, missing expectations of -$0.86. 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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$550.72 (97.36% Upside)
$550.72 (97.36% Upside)
Blogger Sentiment
Neutral
MX:RGTI Sentiment 53%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $5.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Bearish
Bullish news 20%
Bearish news 80%
Bearish news 80%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.90%
12-Months-Change
Fundamentals
Return on Equity
-46.82%
Trailing 12-Months
Asset Growth
1.81%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
$550.72
▲(97.36% Upside)