RGTI

Rigetti Computing Inc

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Advanced Chart

15.990

-0.48(-2.914%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.340

Open

16.302

VWAP

15.94

Vol

24.35M

Mkt Cap

5.16B

Low

15.700

Amount

388.22M

EV/EBITDA(TTM)

Total Shares

171.92M

5.11B

EV/OCF(TTM)

P/S(TTM)

397.25

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

2.90M

+27.55%

-0.035

-43.55%

2.43M

+2.08%

-0.040

-55.31%

1.87M

-39.3%

-0.040

-56.57%

Estimates Revision

The market is revising Downward the revenue expectations for Rigetti Computing, Inc. (RGTI) for FY2025, with the revenue forecasts being adjusted by -33.43% over the past three months. During the same period, the stock price has changed by 63.41%.

Revenue Estimates for FY2025

Revise Downward

-33.43%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+13.33%

In Past 3 Month

Stock Price

Go Up

+63.41%

In Past 3 Month

7 Analyst Rating

-3.69% Downside

Wall Street analysts forecast RGTI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTI is 15.40 USD with a low forecast of 14.00 USD and a high forecast of 18.00 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.

7 Buy

0 Hold

0 Sell

Strong Buy

-3.69% Downside

Current: 15.990

Low

14.00

Averages

15.40

High

18.00

-3.69% Downside

Current: 15.990

Low

14.00

Averages

15.40

High

18.00

Needham

N. Quinn Bolton

Buy

maintain

$15 -> $18

2025-08-04

New

Reason

Needham

N. Quinn Bolton

Price Target

$15 -> $18

2025-08-04

New

maintain

Buy

Reason

Needham analyst N. Quinn Bolton raised the firm's price target on Rigetti Computing to $18 from $15 and keeps a Buy rating on the shares. The firm cites growing industry momentum for the target increase. Momentum in the quantum computing industry has continued to build since Needham's last industry report published on January 27, the analyst tells investors in a research note. Needham believes DARPA's Quantum Benchmarking Initiative and progress in Congress of the Department of Energy Quantum Leadership Act on 2025 are two key items to watch. Should the bill be signed into law, the firm expects a significant increase in U.S. government funding for quantum computing research.

B. Riley

NULL -> Buy

upgrade

$15 -> $19

2025-07-23

Reason

B. Riley

Price Target

$15 -> $19

2025-07-23

upgrade

NULL -> Buy

Reason

B. Riley raised the firm's price target on Rigetti Computing to $19 from $15 and keeps a Buy rating on the shares. The firm upped price targets in quantum computing as part of a Q2 preview.

Alliance Global Partners

Brian Kinstlinger

Buy

maintain

$16 -> $18

2025-07-16

Reason

Alliance Global Partners

Brian Kinstlinger

Price Target

$16 -> $18

2025-07-16

maintain

Buy

Reason

Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Rigetti Computing to $18 from $16 and keeps a Buy rating on the shares after the company said it achieved its mid-year performance milestone of 99.5% median two-qubit gate fidelity on its 36-qubit system. The firm believes Rigetti is on the path to scaling well beyond 100 qubits.

Cantor Fitzgerald

Overweight

initiated

$15

2025-07-02

Reason

Cantor Fitzgerald

Price Target

$15

2025-07-02

initiated

Overweight

Reason

Cantor Fitzgerald initiated coverage of Rigetti Computing (RGTI) with an Overweight rating and $15 price target. Quantum computing is in the early stages but remains one of the most highly coveted technical milestones with significant economical implications, the analyst tells investors in a research note. While Rigetti is competing with Google (GOOGL), IBM (IBM), Intel (INTC), and Microsoft (MSFT), this ecosystem of technology leaders will help pave the way toward quantum capabilities within superconducting and positions Rigetti to benefit from the efforts of other, the firm argues.

Cantor Fitzgerald

NULL -> Overweight

initiated

$15

2025-07-01

Reason

Cantor Fitzgerald

Price Target

$15

2025-07-01

initiated

NULL -> Overweight

Reason

Cantor Fitzgerald initiated coverage of Rigetti Computing with an Overweight rating and $15 price target.

Needham

Quinn Bolton

Strong Buy

Reiterates

$17

2025-03-06

Reason

Needham

Quinn Bolton

Price Target

$17

2025-03-06

Reiterates

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Rigetti Computing Inc (RGTI.O) is -106.01, compared to its 5-year average forward P/E of -15.19. 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.

N/A

5Y Average PE

-15.19

Current PE

-106.01

Overvalued PE

8.33

Undervalued PE

-38.70

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.

N/A

5Y Average EV/EBITDA

-12.31

Current EV/EBITDA

-86.30

Overvalued EV/EBITDA

10.57

Undervalued EV/EBITDA

-35.18

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.

N/A

5Y Average PS

54.00

Current PS

473.72

Overvalued PS

152.77

Undervalued PS

-44.77

Financials

Annual

Quarterly

FY2025Q1

YoY :

-51.77%

1.47M

Total Revenue

FY2025Q1

YoY :

+30.43%

-21.63M

Operating Profit

FY2025Q1

YoY :

-305.17%

42.62M

Net Income after Tax

FY2025Q1

YoY :

-200.00%

0.14

EPS - Diluted

FY2025Q1

YoY :

-13.06%

-16.20M

Free Cash Flow

FY2025Q1

YoY :

-38.90%

30.03

Gross Profit Margin - %

FY2025Q1

YoY :

+42.93%

-643.77

FCF Margin - %

FY2025Q1

YoY :

-525.38%

2.90K

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

2.4M

USD

3-6

Months

21.1M

USD

6-9

Months

1.9M

USD

0-12

Months

4.7M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

583.3K

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

1.2M

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

2.4M

USD

3-6

Months

21.1M

USD

6-9

Months

1.9M

USD

0-12

Months

4.7M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

RGTI News & Events

Events Timeline

2025-07-28 (ET)

2025-07-28

16:58:05

Moderately bullish activity in Rigetti Computing with shares up 0.78%

2025-07-25 (ET)

2025-07-25

11:51:41

Mixed options sentiment in Rigetti Computing with shares down 2.66%

2025-07-24 (ET)

2025-07-24

16:18:27

Mixed options sentiment in Rigetti Computing with shares down 1.18%

News

7.5

08-06TipRanks

IONQ Stock Jumps as Amazon Discloses $36.7M Stake Ahead of IonQ’s Q2 Results

4.0

08-05Barron's

D-Wave Gains Another Bull. Why This Analyst Sees ‘Longer-Term Potential’ in Quantum.

3.5

08-05TipRanks

Quantum Computing Could Surpass AI by 2033, Says Bank of America Strategist

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FAQ

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

The current price of RGTI is 15.99 USD — it has decreased -2.91 % in the last trading day.

RGTI

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

RGTI News & Events

Events Timeline

News

People Also Watch

FAQ

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