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RGTI Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
17.110
Open
16.510
VWAP
16.69
Vol
18.02M
Mkt Cap
5.65B
Low
16.120
Amount
300.77M
EV/EBITDA(TTM)
--
Total Shares
332.15M
EV
5.21B
EV/OCF(TTM)
--
P/S(TTM)
753.25
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.
Show More

Events Timeline

(ET)
2026-03-04
16:20:00
Rigetti Reports Q4 Revenue of $1.9M
select
2026-03-04
15:50:00
IonQ Q4 Exceeds Expectations with $61.9 Million Revenue
select
2026-02-27 (ET)
2026-02-27
15:30:00
Rigetti Computing Shares Drop to $17.18, Mixed Options Sentiment
select
2026-02-26 (ET)
2026-02-26
15:00:00
Fermilab and MIT Successfully Manipulate Ions
select
link

News

Benzinga
4.5
03-07Benzinga
Middle East Conflict Drives Oil Prices Surge
  • Oil Price Surge: The escalation of conflict in the Middle East has driven crude oil prices close to $90 per barrel within a week, marking one of the sharpest weekly gains in years, which directly threatens global energy supply and rattles investor confidence.
  • Labor Market Deterioration: The U.S. labor market unexpectedly lost 92,000 nonfarm jobs in February, exacerbating concerns about weakening economic momentum and undermining market confidence in future economic prospects.
  • Energy Stocks Rise: The surge in energy costs quickly impacted equity markets, lifting energy stocks while severely hitting fuel-sensitive sectors like airlines and cruise operators, as investors feared rising jet fuel prices would squeeze margins.
  • Fragile Market Sentiment: The geopolitical shock has added to already fragile market sentiment, prompting traders to reassess inflation risks associated with rising oil prices and supply disruptions, leading to increased overall market volatility.
Barron's
9.5
03-06Barron's
Wall Street Excited About Growth Potential of Quantum Pure-Play Companies Like IonQ
  • Quantum Computing Significance: BofA Securities analysts have identified quantum computing as a pivotal technological advancement, referring to it as “the next fire moment.”
  • Historical Impact: This development is considered one of the most significant in hundreds of thousands of years, highlighting its potential to transform various industries.
seekingalpha
9.5
03-05seekingalpha
Rigetti Computing Q4 2025 Earnings Call Insights
  • Significant Technical Progress: Rigetti achieved a 99.9% 2-qubit gate fidelity at a 28-nanosecond gate speed in Q4 2025, showcasing the technological advantages of its ProDrive platform, which marks a continued advancement in quantum computing and enhances its competitive position in the market.
  • Growing Commercial Orders: The company secured an $8.4 million order from India's C-DAC for a 108-qubit quantum computer scheduled for deployment in the second half of 2026, along with $5.7 million in orders for two 9-qubit Novera systems, indicating strong international demand for its products.
  • Financial Performance Fluctuations: Revenue for Q4 2025 was $1.9 million, down from $2.3 million in Q4 2024, with gross margins declining from 44% to 35%, reflecting cost pressures and market challenges faced during the company's expansion.
  • Clear Future Outlook: Management anticipates launching a 150-qubit system by the end of 2026 with a target of 99.7% 2-qubit gate fidelity, demonstrating the company's strong confidence in technical execution and market expansion, aiming to solidify its leadership in the quantum computing sector.
CNBC
2.0
03-05CNBC
Tech Stocks Rebound While Airline Shares Decline
  • Tech Sector Recovery: The iShares Expanded Tech-Software Sector ETF (IGV) rose over 2%, with Salesforce up 5% and Microsoft and Oracle each gaining 1%, indicating a rebound in investor confidence towards tech companies previously impacted by AI fears, suggesting a potential improvement in market sentiment.
  • Travel Stocks Surge: Expedia's shares jumped nearly 11% and Booking Holdings rose about 8% as OpenAI scaled back its direct shopping plans within ChatGPT, alleviating concerns over potential disruptions to booking sites, signaling a recovery in market confidence in the travel sector.
  • Airline Stocks Under Pressure: United Airlines and Delta Air Lines saw their shares tumble 7% as oil prices resumed their ascent, with Southwest Airlines down over 6%, reflecting the direct impact of oil price volatility on the airline industry, which may lead to increased operating costs and profit compression.
  • Victoria's Secret Plummets: The lingerie retailer's stock fell 15% after projecting free cash flow of $220 million to $250 million by January 2027, significantly below analysts' consensus estimate of $301.9 million, highlighting financial pressures and declining market confidence facing the company.
Newsfilter
9.5
03-05Newsfilter
Rigetti Computing Stock Plummets After Q4 Earnings Report
  • Earnings Impact: Rigetti Computing's stock plummeted significantly following the release of its Q4 earnings report, indicating market disappointment with the company's financial performance, although specific financial figures were not disclosed.
  • Sales Momentum: Despite the stock decline, analysts remain optimistic about the ongoing momentum in machine sales, suggesting that this could support future revenue growth and reflects confidence in product demand.
  • Market Reaction: The negative investor reaction to the earnings report may lead to increased short-term stock volatility, potentially affecting the company's image in the capital markets and its ability to raise funds, necessitating close monitoring of subsequent market developments.
  • Strategic Outlook: Rigetti Computing must implement effective strategies to restore investor confidence, which may include enhancing marketing efforts and product innovation to address current market challenges and improve long-term growth potential.
Benzinga
9.5
03-05Benzinga
Rigetti Computing Reports Disappointing Q4 Earnings, Analysts Adjust Ratings
  • Disappointing Earnings: Rigetti Computing's fourth-quarter earnings report revealed revenues 20% below expectations, leading to a 9.04% drop in share price to $16.15 during early trading on Thursday, indicating market disappointment with the company's performance.
  • Analyst Rating Adjustments: Needham analyst Quinn Bolton reaffirmed a Buy rating but slashed the price target from $51 to $31, although he raised the fiscal 2026 revenue estimate from $18.5 million to $21 million, signaling acceleration in system sales.
  • Increased Sales Orders: The company announced two purchase orders for its Cepheus-1-108-qubit system and Novera 9-qubit QPU, suggesting a strengthening sales momentum in the quantum computing sector, despite overall revenue remaining lumpy.
  • Confidence in Technical Roadmap: Management expressed confidence in Rigetti Computing's technical roadmap through 2027, indicating a commitment to ongoing advancements, even as development revenues remain inconsistent, particularly in quarters without machine sales.
Wall Street analysts forecast RGTI stock price to rise
10 Analyst Rating
Wall Street analysts forecast RGTI stock price to rise
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
30.00
Averages
39.75
High
51.00
Current: 0.000
sliders
Low
30.00
Averages
39.75
High
51.00
Mizuho
Outperform
to
NULL
downgrade
$50 -> $43
AI Analysis
2026-03-05
New
Reason
Mizuho
Price Target
$50 -> $43
AI Analysis
2026-03-05
New
downgrade
Outperform
to
NULL
Reason
Mizuho lowered the firm's price target on Rigetti Computing to $43 from $50 and keeps an Outperform rating on the shares. The firm views the company's December quarter as "soft" but says Rigetti continues to execute on its superconducting roadmap.
Needham
Buy
to
Buy
downgrade
$51 -> $31
2026-03-05
New
Reason
Needham
Price Target
$51 -> $31
2026-03-05
New
downgrade
Buy
to
Buy
Reason
Needham lowered the firm's price target on Rigetti Computing to $31 from $51 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RGTI
Unlock Now

Valuation Metrics

The current forward P/E ratio for Rigetti Computing Inc (RGTI.O) is -166.20, compared to its 5-year average forward P/E of -30.41. For a more detailed relative valuation and DCF analysis to assess Rigetti Computing Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-30.41
Current PE
-166.20
Overvalued PE
27.03
Undervalued PE
-87.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-24.64
Current EV/EBITDA
-128.93
Overvalued EV/EBITDA
23.63
Undervalued EV/EBITDA
-72.92

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
101.29
Current PS
476.91
Overvalued PS
288.19
Undervalued PS
-85.61

Financials

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Annual
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Whales Holding RGTI

M
Mubadala Investment Company PJSC
Holding
RGTI
+15.77%
3M Return
C
Clear Street LLC
Holding
RGTI
-9.36%
3M Return
M
Marex Group plc
Holding
RGTI
-10.95%
3M Return

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Frequently Asked Questions

What is Rigetti Computing Inc (RGTI) stock price today?

The current price of RGTI is 16.83 USD — it has decreased -1.06

What is Rigetti Computing Inc (RGTI)'s business?

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.

What is the price predicton of RGTI Stock?

Wall Street analysts forecast RGTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTI is39.75 USD with a low forecast of 30.00 USD and a high forecast of 51.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Rigetti Computing Inc (RGTI)'s revenue for the last quarter?

Rigetti Computing Inc revenue for the last quarter amounts to 1.95M USD, decreased -18.12

What is Rigetti Computing Inc (RGTI)'s earnings per share (EPS) for the last quarter?

Rigetti Computing Inc. EPS for the last quarter amounts to -0.62 USD, increased 675.00

How many employees does Rigetti Computing Inc (RGTI). have?

Rigetti Computing Inc (RGTI) has 137 emplpoyees as of March 09 2026.

What is Rigetti Computing Inc (RGTI) market cap?

Today RGTI has the market capitalization of 5.65B USD.