stocks logo

RGTI

Rigetti Computing Inc
$
17.240
+1.04(6.420%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
|
Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
18.155
Open
16.220
VWAP
16.60
Vol
92.45M
Mkt Cap
5.59B
Low
15.660
Amount
1.54B
EV/EBITDA(TTM)
--
Total Shares
171.92M
EV
4.80B
EV/OCF(TTM)
--
P/S(TTM)
518.66
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

Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q4
FY2026Q1
2.00M
-15.9%
-0.040
-55.31%
2.33M
+2.61%
-0.040
-35.48%
3.50M
+138.03%
-0.045
-40.55%
Estimates Revision
The market is revising Downward the revenue expectations for Rigetti Computing, Inc. (RGTI) for FY2025, with the revenue forecasts being adjusted by -1.04% over the past three months. During the same period, the stock price has changed by 48.11%.
Revenue Estimates for FY2025
Revise Downward
down Image
-1.04%
In Past 3 Month
EPS Estimates for FY2025
No Change
down Image
0.00%
In Past 3 Month
Stock Price
Go Up
up Image
+48.11%
In Past 3 Month
7 Analyst Rating
down Image
-2.55% 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 16.80 USD with a low forecast of 14.00 USD and a high forecast of 19.00  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
down Image
-2.55% Downside
Current: 17.240
sliders
Low
14.00
Averages
16.80
High
19.00
Needham
N. Quinn Bolton
Buy
maintain
$15 -> $18
2025-08-04
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 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 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 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 initiated coverage of Rigetti Computing with an Overweight rating and $15 price target.
Needham
Quinn Bolton
Strong Buy
Reiterates
$17
2025-03-06
Reason

Valuation Metrics

The current forward P/E ratio for Rigetti Computing Inc (RGTI.O) is -104.52, compared to its 5-year average forward P/E of -15.60. For a more detailed relative valuation and DCF analysis to assess Rigetti Computing Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-15.60
Current PE
-104.52
Overvalued PE
8.61
Undervalued PE
-39.81

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-12.66
Current EV/EBITDA
-87.55
Overvalued EV/EBITDA
10.74
Undervalued EV/EBITDA
-36.06

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
56.02
Current PS
480.33
Overvalued PS
158.80
Undervalued PS
-46.77

Financials

Annual
Quarterly
FY2025Q2
YoY :
-41.64%
1.80M
Total Revenue
FY2025Q2
YoY :
+23.61%
-19.88M
Operating Profit
FY2025Q2
YoY :
+219.25%
-39.65M
Net Income after Tax
FY2025Q2
YoY :
+85.71%
-0.13
EPS - Diluted
FY2025Q2
YoY :
+40.32%
-21.84M
Free Cash Flow
FY2025Q2
YoY :
-51.26%
31.43
Gross Profit Margin - %
FY2025Q2
YoY :
+91.63%
-827.32
FCF Margin - %
FY2025Q2
YoY :
+447.03%
-2.20K
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
4
3-6
Months
21.1M
USD
6
6-9
Months
1.9M
USD
3
0-12
Months
4.7M
USD
11
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
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
0
3-6
Months
0.0
Volume
0
6-9
Months
583.3K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
1
1.2M
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
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
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

RGTI News & Events

Events Timeline

2025-08-12 (ET)
2025-08-12
16:58:09
Moderately bullish activity in Rigetti Computing with shares up 1.56%
select
2025-08-12
16:42:19
Rigetti Computing reports Q2 EPS (13c), consensus (4c)
select
2025-07-28 (ET)
2025-07-28
16:58:05
Moderately bullish activity in Rigetti Computing with shares up 0.78%
select
Sign Up For More Events

News

9.5
00:15 AMTipRanks
PinnedPost Q2 Earnings, Let’s Look at Who Owns Rigetti Computing Stock (RGTI)
9.5
08-13Benzinga
PinnedRigetti Computing Stays The Course In Push For Quantum Advantage
9.5
08-12Benzinga
PinnedRigetti Computing Q2 FY2025 Earnings Call Transcript
Sign Up For More News

FAQ

arrow icon

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

The current price of RGTI is 17.24 USD — it has increased 6.42 % in the last trading day.

arrow icon

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

arrow icon

What is the price predicton of RGTI Stock?

arrow icon

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

arrow icon

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

arrow icon

What changes have occurred in the market's expectations for Rigetti Computing Inc (RGTI)'s fundamentals?

arrow icon

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

arrow icon

What is Rigetti Computing Inc (RGTI) market cap?