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RGTI Overview

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$
0.000
0.000(0.000%)
At close
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
17.050
Open
16.260
VWAP
16.63
Vol
10.59M
Mkt Cap
5.50B
Low
16.205
Amount
176.09M
EV/EBITDA(TTM)
--
Total Shares
332.40M
EV
5.55B
EV/OCF(TTM)
--
P/S(TTM)
577.99
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.
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Events Timeline

(ET)
2026-07-07
11:30:00
Rigetti Computing Shares Down, Mixed Options Sentiment
select
2026-06-29 (ET)
2026-06-29
14:30:00
Rigetti Computing Shares Rise 4.52% to $19.19
select
2026-06-24 (ET)
2026-06-24
16:00:00
Trump Signs Executive Order to Advance Quantum Computing
select
2026-06-23 (ET)
2026-06-23
10:30:00
Trump Signs Executive Orders Boosting Infleqtion Shares
select
2026-06-23
10:00:00
Trump Signs Executive Order to Advance Quantum Computing
select
2026-06-23
07:00:00
Trump Signs Executive Order to Accelerate Post-Quantum Cryptography
select
link
2026-06-23
06:31:00
Trump Accelerates Quantum Computing Industry Development
select
link

News

CNBC
7.5
00:03 AMCNBC
Trump and OpenAI CEO Discuss Potential Stake
  • Government Stake Proposal: OpenAI proposed granting a 5% stake to the Trump administration, yet Kalshi traders estimate less than a 30% chance of this deal occurring, indicating market skepticism regarding government involvement.
  • Quantum Computing Investment Opportunities: Kalshi traders see over a 60% likelihood of government stakes in quantum computing firms like Rigetti Computing and D-Wave Quantum, highlighting the administration's focus on emerging technologies.
  • Drone Company Collaborations: The Trump administration may establish equity deals with drone companies such as Performance Drone Works and Neros Technologies, with over a 50% chance for Performance and less than 40% for Neros, reflecting varying levels of market interest.
  • Fiscal Support Initiatives: The U.S. Commerce Department plans to award $2 billion in grants to nine firms in the quantum computing sector, underscoring the government's proactive investment strategy in technological innovation.
CNBC
2.0
07-07CNBC
Cognizant Expands Google Cloud Partnership Amid Tech Stock Volatility
  • Cognizant Partnership Expansion: Cognizant Technology Solutions saw its stock rise over 6% after announcing an expansion of its partnership with Google Cloud, aimed at accelerating enterprise adoption of Gemini AI, thereby enhancing its competitive edge in the rapidly evolving AI market.
  • USA Rare Earth Inquiry Intensifies: USA Rare Earth shares dropped more than 7% following a Wall Street Journal report that Democratic lawmakers are expanding their inquiry into the government's $1.6 billion investment, seeking information on potential conflicts of interest involving Commerce Secretary Howard Lutnick, which could impact the company's reputation and future financing capabilities.
  • Adobe Stock Surge: Despite Bank of America downgrading Adobe to underperform, the stock rose over 5%, indicating market confidence in its long-term growth potential, although analysts warned that generative AI could increase competitive pressures on the company.
  • Rivian's Significant Decline: Rivian's stock plummeted 14% after announcing a sale of 75 million new shares for a major capital raise, even though its revenue and delivery guidance exceeded market expectations, raising investor concerns about future growth prospects.
PRnewswire
8.5
07-06PRnewswire
Quantum Computing Gains Government Funding Support
  • Government Funding Injection: In May 2026, the U.S. Department of Commerce announced approximately $2 billion in funding for the quantum industry under the CHIPS and Science Act, with direct equity investments for several companies, significantly boosting quantum stock performance and indicating strong governmental support for the sector.
  • Diverse Quantum Computing Architectures: Companies like IonQ, Rigetti Computing, and D-Wave Quantum are pursuing different technological paths in quantum computing, with IonQ focusing on trapped-ion systems and Rigetti developing modular superconducting chips, highlighting the market's demand for diverse technologies amid future uncertainties.
  • Urgency of Encryption Security: With the NSA's CNSA 2.0 framework establishing a timeline for adopting quantum-safe algorithms, enterprises and governments must rapidly replace existing encryption technologies before quantum computers become powerful enough to break current systems, emphasizing the critical need for timely action.
  • Market Risks and Opportunities: Despite government backing, the quantum sector remains in the NISQ era, lacking mature commercial applications, prompting investors to approach with caution and consider quantum investments as small, diversified long-term positions rather than expecting immediate returns.
CNBC
8.5
07-03CNBC
Congress Members Disclose SpaceX Stock Purchases Post-IPO
  • Congressional Trading Disclosure: Representatives Dan Meuser and Gil Cisneros disclosed stock purchases in SpaceX following its IPO, with Meuser's dependent child buying between $15,001 and $50,000 on June 15, and Cisneros purchasing between $1,001 and $15,000 on June 18, indicating confidence in the company's future prospects.
  • IPO Market Response: SpaceX went public on June 12 with a market cap exceeding $2 trillion, marking the largest IPO in history, opening at $150 and quickly pushing its valuation past $2 trillion, reflecting strong market demand for Musk's ventures and artificial intelligence initiatives.
  • Political Sensitivity: The trades are politically sensitive due to the members' committee assignments, with Meuser serving on the Financial Services Committee overseeing securities and exchanges, while Cisneros is on the Armed Services Committee, which oversees the Defense Department, a major SpaceX customer.
  • Future Trading Expectations: More disclosures from Congress members are anticipated in the coming weeks, with ethics watchdogs suggesting this may only be the tip of the iceberg, as many lawmakers are likely to have engaged in trading related to SpaceX's IPO, highlighting ongoing interest in tech company listings.
Fool
2.0
07-01Fool
Intense Competition Among Quantum Computing Firms
  • Changing Competitive Landscape: Companies like IonQ, IBM, D-Wave, Rigetti, and Quantum Computing Inc. are vying for market attention in quantum computing, indicating an intensifying competition that could influence investor decisions.
  • Dual Challenge of Technology and Funding: While technological advancements are crucial, the outcome of the race to 2028 may increasingly depend on cash runway and dilution risks, making financial management a key factor for survival.
  • Market Dynamics Analysis: Market prices as of June 24, 2026, reveal fluctuations in quantum computing stocks, reflecting varying investor expectations about future technological developments, which may lead to a reassessment of these companies' valuations.
  • Investor Focus: With technology still maturing, investors need to pay close attention to the financial health of these companies to determine which ones can survive and achieve profitability in the future competition.
NASDAQ.COM
5.0
07-01NASDAQ.COM
Intense Competition Among Quantum Computing Firms
  • Competitive Landscape: Companies like IonQ, IBM, D-Wave, Rigetti, and Quantum Computing Inc. are vying for attention in the quantum computing sector, indicating an intensifying competition that could influence investor decisions and market dynamics.
  • Cash Flow and Dilution Risks: As the race to 2028 unfolds, the sustainability of cash flow and the risk of equity dilution will be critical factors determining which companies survive, thereby impacting potential investor returns.
  • Investment Recommendations: While IBM was not included in the current list of top investment stocks, the other 10 stocks recommended by the analyst team could yield substantial returns in the coming years, reflecting a cautious market sentiment towards the quantum computing sector.
  • Market Performance Comparison: With Stock Advisor's total average return at 902%, significantly surpassing the S&P 500's 209%, it highlights the higher risks and uncertainties that quantum computing companies may face when selecting investments.
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
Vijay Rakesh
Outperform
downgrade
$33 -> $27
AI Analysis
2026-05-12
Reason
Mizuho
Vijay Rakesh
Price Target
$33 -> $27
AI Analysis
2026-05-12
downgrade
Outperform
Reason
Mizuho analyst Vijay Rakesh lowered the firm's price target on Rigetti Computing to $27 from $33 and keeps an Outperform rating on the shares.
Northland
Nehal Chokshi
initiated
$20
2026-04-20
Reason
Northland
Nehal Chokshi
Price Target
$20
2026-04-20
initiated
Reason
Northland analyst Nehal Chokshi initiated coverage of Rigetti Computing with a Market Perform rating and $20 price target.
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 0.00, compared to its 5-year average forward P/E of -31.52. 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
-31.52
Current PE
0.00
Overvalued PE
26.62
Undervalued PE
-89.67

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
-24.20
Current EV/EBITDA
-21.86
Overvalued EV/EBITDA
22.40
Undervalued EV/EBITDA
-70.80

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
108.78
Current PS
125.50
Overvalued PS
288.52
Undervalued PS
-70.96

Financials

AI Analysis
Annual
Quarterly

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Whales Holding RGTI

M
Mubadala Investment Company PJSC
Holding
RGTI
+35.52%
3M Return
C
Clear Street LLC
Holding
RGTI
+14.78%
3M Return
M
Marex Group plc
Holding
RGTI
+7.24%
3M Return
A
American Assets Investment Management, LLC
Holding
RGTI
+1.81%
3M Return

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Frequently Asked Questions

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

The current price of RGTI is 16.65 USD — it has increased 0.6

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 4.40M USD, increased 198.91

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 -0.06 USD, decreased -146.15

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

Rigetti Computing Inc (RGTI) has 162 emplpoyees as of July 08 2026.

What is Rigetti Computing Inc (RGTI) market cap?

Today RGTI has the market capitalization of 5.50B USD.