Rigetti Computing (RGTI) to Release Quarterly Earnings on Tuesday

Key Points

• Rigetti Computing is set to release its Q3 2025 earnings on November 11, with analysts expecting a loss of ($0.05) per share and revenue of $2.17 million.
• In the previous quarter, Rigetti reported earnings of ($0.05) per share, beating estimates but missing revenue expectations, with a negative return on equity of 29.05%.
• A significant amount of insider trading occurred, with directors selling a total of 454,204 shares worth over $10 million in the last quarter.

Rigetti Computing (NASDAQ:RGTI - Get Free Report) will likely be issuing its Q3 2025 results after the market closes on Tuesday, November 11th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $2.17 million for the quarter. Individuals may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Tuesday, November 11, 2025 at 8:30 AM ET.

Rigetti Computing (NASDAQ:RGTI - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. Rigetti Computing had a negative return on equity of 29.05% and a negative net margin of 2,134.92%.The business had revenue of $1.80 million during the quarter, compared to analysts' expectations of $1.87 million. On average, analysts expect Rigetti Computing to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Rigetti Computing Stock Performance

Shares of Rigetti Computing stock traded down $1.08 on Tuesday, hitting $38.04. The company's stock had a trading volume of 15,142,264 shares, compared to its average volume of 74,611,945. Rigetti Computing has a 1 year low of $1.06 and a 1 year high of $58.15. The firm has a fifty day moving average price of $31.60 and a 200-day moving average price of $19.41. The company has a market capitalization of $12.33 billion, a price-to-earnings ratio of -50.20 and a beta of 1.64.

Insider Activity at Rigetti Computing

In other news, Director Ray O. Johnson sold 126,295 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $20.00, for a total value of $2,525,900.00. Following the completion of the sale, the director directly owned 293,461 shares in the company, valued at $5,869,220. This represents a 30.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Helene Gail Sandford sold 62,000 shares of the company's stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $44.89, for a total value of $2,783,180.00. Following the completion of the sale, the director owned 120,371 shares of the company's stock, valued at $5,403,454.19. This trade represents a 34.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 454,204 shares of company stock worth $10,300,876 in the last quarter.

Institutional Investors Weigh In On Rigetti Computing

A number of large investors have recently made changes to their positions in RGTI. Geneos Wealth Management Inc. lifted its holdings in Rigetti Computing by 88.8% in the second quarter. Geneos Wealth Management Inc. now owns 5,097 shares of the company's stock valued at $60,000 after acquiring an additional 2,397 shares during the last quarter. FORA Capital LLC lifted its holdings in Rigetti Computing by 30.2% in the second quarter. FORA Capital LLC now owns 151,419 shares of the company's stock valued at $1,796,000 after acquiring an additional 35,080 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Rigetti Computing by 5.1% in the second quarter. Tower Research Capital LLC TRC now owns 28,108 shares of the company's stock valued at $333,000 after acquiring an additional 1,353 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Rigetti Computing by 38.1% in the second quarter. Captrust Financial Advisors now owns 28,454 shares of the company's stock valued at $337,000 after acquiring an additional 7,852 shares during the last quarter. Finally, Two Sigma Securities LLC lifted its holdings in Rigetti Computing by 111.4% in the second quarter. Two Sigma Securities LLC now owns 23,189 shares of the company's stock valued at $275,000 after acquiring an additional 12,220 shares during the last quarter. 35.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RGTI. Williams Trading set a $50.00 price target on Rigetti Computing in a research note on Tuesday, October 7th. B. Riley restated a "neutral" rating and issued a $42.00 price target (up previously from $35.00) on shares of Rigetti Computing in a research note on Monday. Weiss Ratings restated a "sell (e+)" rating on shares of Rigetti Computing in a research note on Wednesday, October 8th. Benchmark boosted their price objective on Rigetti Computing from $20.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, October 7th. Finally, Needham & Company LLC boosted their price objective on Rigetti Computing from $15.00 to $18.00 and gave the stock a "buy" rating in a research note on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $29.29.

About Rigetti Computing

Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.

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