Rigetti Computing Stock Performance Analysis
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy RGTI?
Source: NASDAQ.COM
- Stock Movement: Rigetti Computing, Inc. closed at $14.67, marking a 2.52% increase from the previous trading day, outperforming the broader market's decline, indicating investor interest in its upcoming earnings performance.
- Earnings Expectations: The company's upcoming earnings report is projected to show an EPS of -$0.05, reflecting a 37.5% increase from the same quarter last year, suggesting potential improvements in profitability that may attract more investor attention.
- Revenue Growth: The Zacks Consensus Estimate projects net sales of $3.25 million, up 120.75% year-over-year, indicating strong growth momentum in the market that could enhance the company's market valuation.
- Industry Ranking: Rigetti Computing's industry, Internet - Software, holds a Zacks Industry Rank of 95, placing it in the top 39% of all industries, which reflects the overall health of the sector and may bolster investor confidence.
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Analyst Views on RGTI
Wall Street analysts forecast RGTI stock price to rise
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 16.870
Low
30.00
Averages
39.75
High
51.00
Current: 16.870
Low
30.00
Averages
39.75
High
51.00
About RGTI
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rigetti Computing Faces Financial Challenges Amid Quantum Computing Hopes
- Escalating Financial Losses: Rigetti reported an operating loss of $84.7 million in 2025, worsening from a $68.5 million loss the previous year, indicating ongoing pressure on profitability that may undermine investor confidence.
- Accelerating Cash Burn: The company's operating cash burn increased from $50.6 million in 2024 to $58.5 million, suggesting that as it pursues quantum computing technology, the pace of cash outflow is intensifying, potentially leading to long-term survival risks.
- Stock Price Volatility and Market Reaction: Although Rigetti's stock price has risen approximately 14% over the past two weeks, from $12.90 to $14.70, it remains below its 52-week high of $58.15, reflecting a cautious market sentiment regarding its future prospects.
- High Market Valuation: Despite Rigetti's market cap nearing $5 billion and a price-to-sales ratio exceeding 600, the intense competition in the quantum computing space may render this high valuation too risky for most investors.
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- Significant Price Surge: D-Wave Quantum's stock closed at $20.81 on Wednesday, marking a 22.63% increase, primarily driven by Nvidia's new open-source Ising quantum AI models, indicating strong market interest in quantum computing.
- Trading Volume Spike: The trading volume reached 90.2 million shares, which is 227% above the three-month average of 27.6 million shares, reflecting a notable increase in investor enthusiasm and activity in the quantum computing sector.
- Strong Market Performance: Within the quantum computing industry, peers IonQ and Rigetti Computing saw their stock prices rise by 20.95% and 13.28%, respectively, showcasing that the broader sector's growth narratives are attracting investor attention, further propelling D-Wave's stock price.
- Future Growth Focus: Despite D-Wave's significant revenue growth, its bookings and sales targets remain under review, leading investors to closely monitor whether the renewed interest in quantum optimization translates into measurable bookings growth and customer adoption, rather than being confined to trading-driven momentum.
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D-Wave Quantum Stock Surges 22.63% Amid Quantum AI Rally
- Significant Stock Surge: D-Wave Quantum's stock closed at $20.81 on Wednesday, marking a 22.63% increase, primarily driven by Nvidia's new open-source Ising quantum AI models that sparked a broad rally in the quantum computing sector.
- Trading Volume Spike: The company's trading volume reached 90.2 million shares, which is 227% above its three-month average of 27.6 million shares, indicating strong market interest and active investor participation in quantum computing.
- Strong Industry Performance: Within the quantum computing space, peers IonQ and Rigetti Computing saw stock increases of 20.95% and 13.28%, respectively, reflecting investor enthusiasm for growth stories in the sector, which further propelled D-Wave's stock price.
- Future Growth Focus: Despite significant revenue growth, D-Wave Quantum's bookings and sales targets remain under review, prompting investors to closely monitor whether the current market enthusiasm can translate into sustainable customer growth and revenue enhancement.
See More
IonQ Shares Surge 20.95% on Positive Developments
- Significant Price Surge: IonQ's stock rose by 20.95% to close at $43.25, reflecting strong market confidence driven by a new government contract and a technical breakthrough, indicating heightened investor optimism in the quantum computing sector.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 285% above its three-month average, suggesting a significant increase in market interest in IonQ, which may signal future investment opportunities.
- Major Contract Awarded: IonQ secured a contract with the U.S. Defense Advanced Research Projects Agency (DARPA) aimed at enhancing the design and scalability of quantum computing systems, laying a foundation for potential revenue growth in the future.
- Technical Breakthrough Achieved: IonQ successfully linked two remote quantum systems, marking a significant milestone in the quantum computing field, which could further enhance the company's competitive edge and technological leadership.
See More
IonQ Shares Surge 20.95% Following Major Announcements
- Significant Stock Surge: IonQ's stock closed at $43.25 on Wednesday, marking a 20.95% increase driven by positive announcements including a new government contract and a technical breakthrough, reflecting strong market confidence in quantum computing.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 285% above its three-month average of 22.1 million shares, indicating heightened investor interest and enthusiasm for IonQ's future prospects.
- Technical Breakthrough: IonQ achieved a major milestone by successfully linking two remote quantum systems, which not only enhances its competitive edge in the quantum computing sector but also lays the groundwork for future commercial applications.
- Earnings Report Anticipation: IonQ is set to report its Q1 earnings on May 6, and investors will be closely watching how its recent achievements translate into future revenue, assessing the company's potential for sustained growth.
See More
Nvidia's Quantum Model Accelerates Industry Commercialization
- Quantum Industry Catalyst: TD Cowen analyst Krish Sankar noted that Nvidia's newly launched Ising model would serve as a critical catalyst for the commercialization of the quantum industry, expected to accelerate the development and application of quantum processors, thereby driving overall industry progress.
- Positive Market Reaction: Quantum stocks have rallied for the fourth consecutive day, with shares of Rigetti Computing, IonQ, D-Wave Quantum, and others rising between 12% and 56% under the optimism fueled by Nvidia's AI-driven quantum push, reflecting strong market sentiment towards quantum technology.
- Major Contracts and Breakthroughs: IonQ confirmed it has secured a contract for DARPA's HARQ initiative and achieved a breakthrough in quantum networking by successfully interconnecting two independent trapped-ion quantum systems, further enhancing its competitive position in the market.
- Retail Investor Sentiment High: On Stocktwits, retail investor sentiment around RGTI, IONQ, QBTS, QUBT, and XNDU is extremely bullish, with users referring to these companies as 'The Fabulous Five' and suggesting that the future of quantum computing could redefine accelerated computing concepts.
See More
Rigetti Computing Faces Financial Challenges Amid Quantum Computing Hopes
- Escalating Financial Losses: Rigetti reported an operating loss of $84.7 million in 2025, worsening from a $68.5 million loss the previous year, indicating ongoing pressure on profitability that may undermine investor confidence.
- Accelerating Cash Burn: The company's operating cash burn increased from $50.6 million in 2024 to $58.5 million, suggesting that as it pursues quantum computing technology, the pace of cash outflow is intensifying, potentially leading to long-term survival risks.
- Stock Price Volatility and Market Reaction: Although Rigetti's stock price has risen approximately 14% over the past two weeks, from $12.90 to $14.70, it remains below its 52-week high of $58.15, reflecting a cautious market sentiment regarding its future prospects.
- High Market Valuation: Despite Rigetti's market cap nearing $5 billion and a price-to-sales ratio exceeding 600, the intense competition in the quantum computing space may render this high valuation too risky for most investors.
See More
D-Wave Quantum Stock Surges 22.45% Amid Quantum AI Rally
- Significant Price Surge: D-Wave Quantum's stock closed at $20.81 on Wednesday, marking a 22.63% increase, primarily driven by Nvidia's new open-source Ising quantum AI models, indicating strong market interest in quantum computing.
- Trading Volume Spike: The trading volume reached 90.2 million shares, which is 227% above the three-month average of 27.6 million shares, reflecting a notable increase in investor enthusiasm and activity in the quantum computing sector.
- Strong Market Performance: Within the quantum computing industry, peers IonQ and Rigetti Computing saw their stock prices rise by 20.95% and 13.28%, respectively, showcasing that the broader sector's growth narratives are attracting investor attention, further propelling D-Wave's stock price.
- Future Growth Focus: Despite D-Wave's significant revenue growth, its bookings and sales targets remain under review, leading investors to closely monitor whether the renewed interest in quantum optimization translates into measurable bookings growth and customer adoption, rather than being confined to trading-driven momentum.
See More
D-Wave Quantum Stock Surges 22.63% Amid Quantum AI Rally
- Significant Stock Surge: D-Wave Quantum's stock closed at $20.81 on Wednesday, marking a 22.63% increase, primarily driven by Nvidia's new open-source Ising quantum AI models that sparked a broad rally in the quantum computing sector.
- Trading Volume Spike: The company's trading volume reached 90.2 million shares, which is 227% above its three-month average of 27.6 million shares, indicating strong market interest and active investor participation in quantum computing.
- Strong Industry Performance: Within the quantum computing space, peers IonQ and Rigetti Computing saw stock increases of 20.95% and 13.28%, respectively, reflecting investor enthusiasm for growth stories in the sector, which further propelled D-Wave's stock price.
- Future Growth Focus: Despite significant revenue growth, D-Wave Quantum's bookings and sales targets remain under review, prompting investors to closely monitor whether the current market enthusiasm can translate into sustainable customer growth and revenue enhancement.
See More
IonQ Shares Surge 20.95% on Positive Developments
- Significant Price Surge: IonQ's stock rose by 20.95% to close at $43.25, reflecting strong market confidence driven by a new government contract and a technical breakthrough, indicating heightened investor optimism in the quantum computing sector.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 285% above its three-month average, suggesting a significant increase in market interest in IonQ, which may signal future investment opportunities.
- Major Contract Awarded: IonQ secured a contract with the U.S. Defense Advanced Research Projects Agency (DARPA) aimed at enhancing the design and scalability of quantum computing systems, laying a foundation for potential revenue growth in the future.
- Technical Breakthrough Achieved: IonQ successfully linked two remote quantum systems, marking a significant milestone in the quantum computing field, which could further enhance the company's competitive edge and technological leadership.
See More
IonQ Shares Surge 20.95% Following Major Announcements
- Significant Stock Surge: IonQ's stock closed at $43.25 on Wednesday, marking a 20.95% increase driven by positive announcements including a new government contract and a technical breakthrough, reflecting strong market confidence in quantum computing.
- Surge in Trading Volume: The trading volume reached 85.2 million shares, approximately 285% above its three-month average of 22.1 million shares, indicating heightened investor interest and enthusiasm for IonQ's future prospects.
- Technical Breakthrough: IonQ achieved a major milestone by successfully linking two remote quantum systems, which not only enhances its competitive edge in the quantum computing sector but also lays the groundwork for future commercial applications.
- Earnings Report Anticipation: IonQ is set to report its Q1 earnings on May 6, and investors will be closely watching how its recent achievements translate into future revenue, assessing the company's potential for sustained growth.
See More
Nvidia's Quantum Model Accelerates Industry Commercialization
- Quantum Industry Catalyst: TD Cowen analyst Krish Sankar noted that Nvidia's newly launched Ising model would serve as a critical catalyst for the commercialization of the quantum industry, expected to accelerate the development and application of quantum processors, thereby driving overall industry progress.
- Positive Market Reaction: Quantum stocks have rallied for the fourth consecutive day, with shares of Rigetti Computing, IonQ, D-Wave Quantum, and others rising between 12% and 56% under the optimism fueled by Nvidia's AI-driven quantum push, reflecting strong market sentiment towards quantum technology.
- Major Contracts and Breakthroughs: IonQ confirmed it has secured a contract for DARPA's HARQ initiative and achieved a breakthrough in quantum networking by successfully interconnecting two independent trapped-ion quantum systems, further enhancing its competitive position in the market.
- Retail Investor Sentiment High: On Stocktwits, retail investor sentiment around RGTI, IONQ, QBTS, QUBT, and XNDU is extremely bullish, with users referring to these companies as 'The Fabulous Five' and suggesting that the future of quantum computing could redefine accelerated computing concepts.
See More
