Rigetti Computing (RGTI) Stock Price, News & Analysis

Company Overview

Rigetti Computing is a pioneering quantum computing company that designs and manufactures superconducting quantum processors alongside a complementary software stack. Founded in 2013 by CEO Chad Rigetti, the company has developed end-to-end quantum systems—from cryogenic hardware to control electronics—to advance the performance and scalability of quantum machines.

At the core of Rigetti’s offering is its Quantum Cloud Services (QCS) platform, which enables developers and enterprises to access quantum processing units (QPUs) and hybrid quantum-classical workflows via the cloud. Rigetti’s Forest software development kit supports programming in familiar languages such as Python, allowing users to develop, simulate and run quantum algorithms against both simulators and live QPUs.

Headquartered in Berkeley, California, Rigetti serves a global customer base that includes academic researchers, government agencies and commercial firms in sectors such as pharmaceuticals, materials science and financial services. The company collaborates with strategic partners and cloud providers to broaden access to quantum resources and accelerate use-case development in areas like optimization, machine learning and quantum chemistry.

Under Chad Rigetti’s leadership, the company completed a public listing in 2022, further fueling its efforts to scale quantum hardware capacity and software capabilities. Rigetti’s executive team combines expertise in quantum physics, engineering and enterprise IT to drive ongoing innovation in what is widely regarded as the next frontier in high-performance computing.

Key Stats

• Today's Range: $15.44 to $16.36
• 50-Day Range: $13.22 to $21.38
• 52-Week Range: $12.53 to $58.15
• Volume: 14.56 million shs
• Average Volume: 18.79 million shs
• Market Capitalization: $5.20 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $30.67
• Consensus Rating: Hold

Rigetti Computing Stock Analysis - MarketRank™

Rigetti Computing scored higher than 72% of companies evaluated by MarketBeat, and ranked 247th out of 600 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: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Rigetti Computing has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on no strong buy ratings, 7 buy ratings, 4 hold ratings, and 2 sell ratings.

Upside Potential

Rigetti Computing has a consensus price target of $30.67, representing about 96.7% upside from its current price of $15.59.

Amount of Analyst Coverage

Rigetti Computing has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Rigetti Computing are expected to grow in the coming year, from ($0.27) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rigetti Computing is -17.32, 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 -17.32, 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 9.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

17.95% 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 2.88, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rigetti Computing has recently decreased by 6.98%, indicating that investor sentiment is improving 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: 2.8 / 5
• News Sentiment: 0.47

News Sentiment

Rigetti Computing has a news sentiment score of 0.47. 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 0.88 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Rigetti Computing this week, compared to 8 articles on an average week.

Search Interest

Only 61 people have searched for RGTI on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

71 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 122% 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 $4,662,494.00 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: 8/30/2026
• Next Earnings (Estimated): 11/09/2026
• 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.offerpad.com
• Phone: 510-210-5550
• Fax: N/A
• Employees: 160
• Year Founded: 2013

Price Target and Rating

• Average Price Target for Rigetti Computing: $30.67
• High Price Target: $40.00
• Low Price Target: $18.00
• Potential Upside/Downside: +96.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• 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: $7.09 million
• Price / Sales: 733.92
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.61 per share
• Price / Book: 9.68

Miscellaneous

• Outstanding Shares: 333,770,000
• Free Float: 328,429,000
• Market Cap: $5.20 billion
• Optionable: Optionable
• Beta: 1.99