Rigetti Computing (RGTI) Stock Price, News & Analysis

Company Overview

Rigetti Computing, Inc. is a quantum computing company that develops full-stack quantum computing systems based on superconducting qubit technology. The company designs and manufactures quantum processors, develops the software and control systems used to operate them, and provides access to its quantum computing capabilities through cloud-based services.

Rigetti’s products and services include its quantum processing units (QPUs), quantum-classical computing infrastructure, and the Rigetti Quantum Cloud Services platform. The company also offers the Novera QPU, a commercially available quantum processor intended for research, development, and integration by universities, laboratories, and other organizations. Its systems are designed to support experimentation and the development of quantum applications in areas such as optimization, simulation, and machine learning.

Founded in 2013 by Chad Rigetti, the company serves customers and research partners through cloud access and collaborations in the United States and international markets. Rigetti has worked with government agencies, academic institutions, and commercial organizations to advance quantum computing technology. Subodh Kulkarni has served as the company’s chief executive officer, while founder Chad Rigetti has remained associated with the company’s board and strategic activities.

Key Stats

• Today's Range: $13.74 to $14.61
• 50-Day Range: $14.59 to $18.82
• 52-Week Range: $12.53 to $58.15
• Volume: 9.43 million shs
• Average Volume: 29.52 million shs
• Market Capitalization: $4.61 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 70% of companies evaluated by MarketBeat, and ranked 220th out of 598 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 2.46, 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 $30.67, representing about 121.3% upside from its current price of $13.86.

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 -15.44, 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 -15.44, 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 8.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.99% 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 3.83, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Rigetti Computing has recently increased by 5.86%, 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: 4.1 / 5
• News Sentiment: 0.57

News Sentiment

Rigetti Computing has a news sentiment score of 0.57. 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 higher news sentiment than the 0.43 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Rigetti Computing this week, compared to 8 articles on an average week.

Search Interest

49 people have searched for RGTI on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.

MarketBeat Follows

51 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 96% 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: 10/08/2026
• 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.rigetti.com
• Phone: 510-210-5550
• Fax: N/A
• Employees: 164
• 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: +122.1%
• 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: $7.09 million
• Price / Sales: 650.03
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.65 per share
• Price / Book: 8.37

Miscellaneous

• Outstanding Shares: 333,770,000
• Free Float: 328,429,000
• Market Cap: $4.61 billion
• Optionable: Optionable
• Beta: 2.02