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Rigetti Computing (RGTI) Stock Price & Analysis

RGTI Stock Chart & Stats

$11.39$0.14(1.24%)
At close: 11:30 AM EST
$12.5$15$17.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$10.82 - $11.52
52-Week Range
$10.82 - $44.52
Previous Close
$12.06
Volume
N/A
Average Volume (3M)
14.80M
Market Cap
$3.75B
Enterprise Value
$6.05B
Total Cash (Recent Filing)
$393.71M
Total Debt (Recent Filing)
$7.70M
Price to Earnings (P/E)
―
Beta
2.93
Next Earnings
Nov 10, 2026 (Est.)
EPS Estimate
-0.05
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

CHIPS Act Funding

The definitive CHIPS Act award strengthens funding for Rigetti’s superconducting quantum roadmap and supports major infrastructure projects. Initial proceeds reduce near-term financing pressure while milestone-based tranches align capital with technology progress and domestic production objectives.

Quantum Technology Position

Rigetti’s reported 108-qubit system performance and modular architecture indicate meaningful technical positioning in an early-stage market. A credible hardware lead can support enterprise, government, and research adoption while creating a platform for larger systems and future service revenue.

Revenue And Gross-margin Growth

Strong year-over-year revenue growth, driven by on-premises Novera sales, shows increasing commercial monetization of Rigetti’s systems. The simultaneous margin improvement suggests product mix and scale can improve economics, although sustained deliveries remain important to make the trend durable.

Bears Say

Persistent Cash Burn And Losses

Rigetti remains materially dependent on external funding because operations and investment consume substantial cash. Large losses relative to revenue limit self-funding capacity, reduce financial flexibility, and make execution of the technology roadmap more sensitive to capital availability and spending discipline.

Small And Lumpy Revenue Base

Despite high growth, Rigetti’s absolute revenue remains modest and dependent on uneven system deliveries and program milestones. This makes quarterly performance less predictable and leaves the company needing sustained customer conversion before fixed engineering and infrastructure costs can be absorbed.

Execution And Technical Constraints

Current coherence limitations could slow progress toward higher-fidelity, larger-scale systems, while planned materials and process improvements still require validation. Failure to achieve roadmap milestones could delay customer deployments, government programs, and the commercial benefits expected from technical leadership.

Rigetti Computing News

RGTI FAQ

What was Rigetti Computing’s price range in the past 12 months?
Rigetti Computing lowest stock price was $10.82 and its highest was $44.52 in the past 12 months.
What is Rigetti Computing’s market cap?
Rigetti Computing’s market cap is $3.75B.
When is Rigetti Computing’s upcoming earnings report date?
Rigetti Computing’s next earnings report is estimated for Nov 10, 2026 (not yet confirmed), which is in 8 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?
Hedge funds hold Rigetti Computing shares: the largest hedge-fund position in Rigetti Computing is 71,886,357 shares, and hedge funds increased their holdings by 3.1M shares last quarter.
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