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$227.86 - $1,070.57
Previous CloseN/A
Volume2.77K
Average Volume (3M)4.30K
Market Cap
$89.15B
Enterprise Value$6.05K
Total Cash (Recent Filing)$393.71M
Total Debt (Recent Filing)$7.70M
Price to Earnings (P/E)―
Beta0.68
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. Volume6,146
30 Day Avg. Volume4,303
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
$487.45Price Target Upside74.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)-3.21
Revenue Forecast (FY)$405.03M
Bulls Say, Bears Say
Bulls Say
Definitive CHIPS FundingThe definitive award materially strengthens funding for Rigetti’s scaling roadmap and targets key hardware bottlenecks in readout, cryogenics, and fabrication. This external support can accelerate technology development and reinforce the company’s strategic position in U.S. quantum infrastructure.
Quantum Hardware CapabilityOperating a modular system above 100 qubits with strong reported gate fidelity gives Rigetti a differentiated technical foundation in an emerging market. Continued hardware progress could improve customer value, support larger deployments, and strengthen credibility with enterprise and government users.
Revenue And Margin ImprovementStrong year-over-year revenue growth and a meaningful gross-margin improvement indicate that on-premise system sales are beginning to contribute more substantially to the business. If sustained, this combination can improve operating leverage and support broader investment in products and customer deployments.
Bears Say
Very Weak ProfitabilityThe company has not yet established sustainable earnings power: revenue remains small relative to its cost base, while gross profit and net income are negative. Persistent losses can constrain strategic flexibility and make future progress dependent on continued access to external capital.
Continued Cash BurnNegative operating and free cash flow show that Rigetti is not currently self-funding its operations or investment program. Although liquidity is substantial, continued cash consumption reduces the runway available for research, fabrication expansion, and customer deployment if losses remain elevated.
CHIPS Execution And Dilution RiskThe funding supports Rigetti’s roadmap but carries durable execution and governance burdens: later tranches depend on technical milestones, funds may be clawed back, and the equity issuance dilutes existing holders. Government rights and compliance conditions may also limit strategic flexibility.
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 $89.15B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s upcoming earnings report date is Nov 16, 2026 which is in 67 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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$487.45 (74.68% Upside)
$487.45 (74.68% Upside)
Blogger Sentiment
Neutral
MX:RGTI Sentiment 57%
Sector Average 60%
Sector Average 60%
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.63%
12-Months-Change
Fundamentals
Return on Equity
―
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
All Analysts
Top Analysts
Average Price Target
$487.45
▲(74.68% Upside)
Technical Analysis
1 Day
3 Days
1 Week
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