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RGTI Stock Chart & Stats
$16.94
-$0.70(-4.71%)
At close: 4:00 PM EDT
$16.94
-$0.70(-4.71%)
Day’s Range― - ―
52-Week Range$11.11 - $44.52
Previous CloseN/A
Volume16.00M
Average Volume (3M)15.80M
Market Cap
$3.89B
Enterprise Value$6.05B
Total Cash (Recent Filing)$393.71M
Total Debt (Recent Filing)$7.70M
Price to Earnings (P/E)―
Beta2.89
Next Earnings
Nov 16, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.74
Shares Outstanding333,768,740
10 Day Avg. Volume16,014,552
30 Day Avg. Volume15,799,486
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 Cap1.56
Enterprise Value/Revenue453.21
Enterprise Value/Gross Profit-16.58K
Enterprise Value/Ebitda-26.46
Forecast
1Y Price Target
$29.50Price Target Upside74.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.19
Revenue Forecast (FY)$23.25M
Bulls Say, Bears Say
Bulls Say
Definitive CHIPS FundingThe definitive CHIPS agreement provides substantial support for Rigetti’s superconducting quantum roadmap and funds specific fabrication, cryogenic, and readout projects. This can accelerate capacity expansion, improve technical capabilities, and strengthen the company’s position in U.S. quantum infrastructure.
Quantum Technology PositionRigetti’s 108-qubit modular system and reported fidelity and speed metrics indicate meaningful technical progress in a specialized market. A credible hardware platform can support future enterprise, government, and research deployments while reinforcing differentiation as the company scales.
Revenue GrowthThe sharp year-over-year revenue increase shows that Rigetti is converting interest in its quantum systems into commercial sales, particularly through on-premises Novera deployments. Continued customer adoption would improve operating leverage and help establish a broader recurring business base.
Bears Say
Severe Operating LossesRigetti’s cost base remains far larger than its current revenue scale, leaving profitability unestablished despite recent sales growth. Persistent operating losses reduce financial flexibility, make future funding more important, and could delay the point at which commercial growth translates into sustainable earnings.
Continued Cash BurnNegative operating and free cash flow show that Rigetti is not yet self-funding its operations and technology investments. Continued cash consumption can constrain capital allocation, increase reliance on external financing, and weaken the durability of its balance-sheet strength if losses persist.
Funding Conditions And DilutionAlthough the CHIPS agreement adds funding, its milestone requirements and clawback provisions create execution exposure, while the government share issuance dilutes existing holders. Security, production, intellectual-property, and reporting conditions may also reduce strategic flexibility and raise compliance costs.
Rigetti Computing News
RGTI FAQ
What was Rigetti Computing’s price range in the past 12 months?
Rigetti Computing lowest stock price was $11.11 and its highest was $44.52 in the past 12 months.
What is Rigetti Computing’s market cap?
Rigetti Computing’s market cap is $3.89B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s upcoming earnings report date is Nov 16, 2026 which is in 24 days.
How were Rigetti Computing’s earnings last quarter?
Rigetti Computing released its earnings results on Aug 06, 2026. The company reported -$0.05 earnings per share for the quarter, missing the consensus estimate of -$0.046 by -$0.004.
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 -0.05.
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 -$0.05 in its last earnings report, missing expectations of -$0.046. Following the earnings report the stock price went up 8.53%.
Which hedge fund is a major shareholder of Rigetti Computing?
Currently, no hedge funds are holding shares in 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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.50 (74.14% Upside)
$29.50 (74.14% Upside)
Blogger Sentiment
Neutral
RGTI Sentiment 55%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 20.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $314.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-69.87%
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 RGTI earnings summariesRGTI Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$29.50
▲(74.14% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.70% Insiders
14.28% Mutual Funds
1.50% Other Institutional Investors
63.01% Public Companies and Individual Investors












