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: $24.73 to $29.09
• 50-Day Range: $12.72 to $28.52
• 52-Week Range: $0.71 to $29.09
• Volume: 127.54 million shs
• Average Volume: 51.93 million shs
• Market Capitalization: $9.25 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.43
• Consensus Rating: Buy

Rigetti Computing Stock Analysis - MarketRank™

Rigetti Computing scored higher than 27% of companies evaluated by MarketBeat, and ranked 533rd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rigetti Computing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Downside Risk

Rigetti Computing has a consensus price target of $17.43, representing about 38.9% downside from its current price of $28.52.

Amount of Analyst Coverage

Rigetti Computing has been the subject of 5 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 ($0.34) to ($0.28) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rigetti Computing is -37.53, 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 -37.53, 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 63.38. 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

16.28% 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 1.2, 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 9.61%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.28% 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 1.2, 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 9.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 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 lower news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Rigetti Computing this week, compared to 20 articles on an average week.

Search Interest

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

MarketBeat Follows

126 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 121% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 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 $8,062,530.00 in company stock.

Percentage Held by Institutions

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

RGTI Stock Analysis - Frequently Asked Questions

How have RGTI shares performed this year?

Rigetti Computing's stock was trading at $15.26 on January 1st, 2025. Since then, RGTI shares have increased by 86.9% and is now trading at $28.52.

How were Rigetti Computing's earnings last quarter?

Rigetti Computing, Inc. (NASDAQ:RGTI) issued its quarterly earnings results on Tuesday, August, 12th. The company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. The company earned $1.80 million during the quarter, compared to the consensus estimate of $1.87 million. Rigetti Computing had a negative trailing twelve-month return on equity of 29.05% and a negative net margin of 2,134.92%.
Read the conference call transcript.

Who are Rigetti Computing's major shareholders?

Top institutional investors of Rigetti Computing include State Street Corp (3.05%), Marex Group plc (2.54%), Geode Capital Management LLC (2.23%) and Ameriprise Financial Inc. (0.64%). Insiders that own company stock include Bessemer Venture Partners X L, Chad Rigetti, Richard Danis, David Rivas, Mike Harburn, Michael S Clifton, Ray O Johnson, Helene Gail Sandford, Alissa Fitzgerald and Thomas J Iannotti.
View institutional ownership trends.

How do I buy shares of Rigetti Computing?

Shares of RGTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Rigetti Computing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rigetti Computing investors own include Scilex (SCLX), Pfizer (PFE), BioNTech (BNTX), Butterfly Network (BFLY), Pangaea Logistics Solutions (PANL).

Company Calendar

• Last Earnings: 8/12/2025
• Today: 9/21/2025
• Next Earnings (Estimated): 11/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Trading
• 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: $17.43
• High Price Target: $20.00
• Low Price Target: $12.00
• Potential Upside/Downside: -38.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.76)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$200.99 million
• Net Margins: -2,134.92%
• Pretax Margin: -2,079.86%
• Return on Equity: -29.05%
• Return on Assets: -21.76%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 41.57
• Quick Ratio: 41.57

Sales & Book Value

• Annual Sales: $10.79 million
• Price / Sales: 856.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.45 per share
• Price / Book: 63.38

Miscellaneous

• Outstanding Shares: 324,170,000
• Free Float: N/A
• Market Cap: $9.25 billion
• Optionable: Optionable
• Beta: 1.44