Rigetti Computing (RGTI) Stock Price, News & Analysis

Company Overview

Rigetti Computing develops superconducting quantum computers and related software. Its work spans the design and manufacture of quantum processors, as well as systems that connect quantum processors with conventional computing infrastructure.

The company offers access to its quantum computers and development tools through its Quantum Cloud Services platform. It also provides quantum hardware for on-premises use, serving customers and research organizations exploring quantum applications.

Founded in 2013 by physicist Chad Rigetti, the company is based in Berkeley, California. Its activities include advancing superconducting quantum technology and making quantum computing resources available to users through cloud-based services and hardware offerings.

Key Stats

• Today's Range: $11.67 to $13.23
• 50-Day Range: $9.85 to $16.66
• 52-Week Range: $9.19 to $34.71
• Volume: 16.24 million shs
• Average Volume: 28.06 million shs
• Market Capitalization: $4.35 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $29.33
• Consensus Rating: Hold

Rigetti Computing Stock Analysis - MarketRank™

Rigetti Computing scored higher than 45% of companies evaluated by MarketBeat, and ranked 409th out of 585 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Hold

Consensus Rating

Rigetti Computing has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on no strong buy ratings, 7 buy ratings, 5 hold ratings, and 1 sell rating.

Upside Potential

Rigetti Computing has a consensus price target of $29.33, representing about 129.2% upside from its current price of $12.80.

Amount of Analyst Coverage

Rigetti Computing has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Rigetti Computing are expected to decrease in the coming year, from ($0.26) to ($0.29) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rigetti Computing is -14.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rigetti Computing is -14.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Rigetti Computing has a P/B Ratio of 7.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

21.63% of the float of Rigetti Computing has been sold short.

Short Interest Ratio / Days to Cover

Rigetti Computing has a short interest ratio ("days to cover") of 4.55.

Change versus previous month

Short interest in Rigetti Computing has recently increased by 8.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Rigetti Computing does not currently pay a dividend.

Dividend Growth

Rigetti Computing does not have a long track record of dividend growth.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.10

News Sentiment

Rigetti Computing has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 33 news articles for Rigetti Computing this week, compared to 7 articles on an average week.

Search Interest

56 people have searched for RGTI on MarketBeat in the last 30 days. This is an increase of 19% compared to the previous 30 days.

MarketBeat Follows

38 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 81% compared to the previous 30 days.

Company Ownership

• Score: 1.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rigetti Computing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,570,890.00 in company stock.

Percentage Held by Insiders

1.60% of the stock of Rigetti Computing is held by insiders.

Percentage Held by Institutions

35.38% of the stock of Rigetti Computing is held by institutions.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 11/09/2026
• Next Earnings (Estimated): 11/10/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:RGTI
• CIK: 1838359
• Web: www.rigetti.com
• Phone: 510-210-5550
• Fax: N/A
• Employees: 164
• Year Founded: 2013

Price Target and Rating

• Average Price Target for Rigetti Computing: $29.33
• High Price Target: $40.00
• Low Price Target: $18.00
• Potential Upside/Downside: +125.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.46
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.90)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$216.21 million
• Net Margins: -2,189.54%
• Pretax Margin: -1,787.40%
• Return on Equity: -17.50%
• Return on Assets: -13.75%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.94
• Quick Ratio: 3.94

Sales & Book Value

• Annual Sales: $13.35 million
• Price / Sales: 325.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.65 per share
• Price / Book: 7.89

Miscellaneous

• Outstanding Shares: 333,769,000
• Free Float: 328,429,000
• Market Cap: $4.34 billion
• Optionable: Optionable
• Beta: 2.15