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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
18.840
Open
18.795
VWAP
18.22
Vol
7.14M
Mkt Cap
6.10B
Low
17.885
Amount
130.15M
EV/EBITDA(TTM)
--
Total Shares
332.35M
EV
5.65B
EV/OCF(TTM)
--
P/S(TTM)
812.15
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)
2026-05-06
12:50:00
Rigetti Computing Shares Up 7.03% to $19.55
select
2026-04-22 (ET)
2026-04-22
16:00:00
Infleqtion Secures $2M DARPA Contract
select
2026-04-21 (ET)
2026-04-21
10:50:00
Rigetti Computing Shares Down, Mixed Options Sentiment
select
2026-04-17 (ET)
2026-04-17
12:50:00
Rigetti Computing Shares Up 0.64% to $19.57
select
2026-04-08 (ET)
2026-04-08
15:50:00
Rigetti Computing Launches 108-Qubit Quantum System
select
2026-04-07 (ET)
2026-04-07
16:20:00
Rigetti Launches 108-Qubit Quantum Computing System Cepheus-1-108Q
select

News

seekingalpha
9.5
14:11 PMseekingalpha
PinnedRigetti Computing Set to Report Q1 Results Amid Quantum Sector Challenges
  • Earnings Expectations: Rigetti Computing is expected to report a loss of 4 cents per share with revenues of $4.13 million for Q1, indicating significant short-term financial pressure despite the long-term potential of quantum computing.
  • Orders and Investments: The company secured an $8.4 million order for a 108-qubit quantum computer and plans to invest up to $100 million in the UK, demonstrating confidence in the quantum computing market despite challenges from system delays.
  • Market Sentiment Shift: Quantum computing stocks have come under pressure as market sentiment turned risk-off, with analysts rating Rigetti as a “Sell” with an overall score of 2.05, reflecting a conflict between growth potential and profitability concerns.
  • Financial Performance: Over the past year, Rigetti has beaten EPS and revenue estimates 50% of the time, but recent EPS estimates have seen no upward revisions, indicating cautious market sentiment regarding its future performance.
PRnewswire
8.5
05-07PRnewswire
Launch of First-to-Market Leveraged ETF for Xanadu Quantum Technologies
  • First Leveraged ETF Launch: Tradr ETFs has launched the Tradr 2X Long XNDU Daily ETF, the first single stock leveraged ETF in the market, aiming to deliver two times (200%) the daily performance of Xanadu Quantum Technologies, indicating strong investor interest in cutting-edge technology narratives.
  • Asset Management Scale: Tradr's lineup of 64 leveraged ETFs manages over $5 billion in assets, showcasing its significant influence in the high-end investment tools market while providing investors with the convenience of avoiding margin use and complex options trading.
  • Positive Market Response: Matt Markiewicz, Head of Product at Tradr ETFs, noted that Xanadu's public listing reflects strong market demand for advanced technology narratives, which is expected to drive the company's growth trajectory in the coming years.
  • Investor Risk Advisory: While leveraged ETFs offer high return potential, they also come with significant risks, requiring investors to understand the implications of leverage on returns and to actively monitor and manage their investments in the short term.
Fool
8.5
05-05Fool
Rigetti Computing Faces Major Challenges in Quantum Race
  • Market Position Lagging: With a market cap around $5 billion, Rigetti Computing has potential in quantum computing, but its failure to advance in DARPA's Quantum Benchmarking Initiative indicates its products are behind competitors, which could impact future market share.
  • Revenue Decline: Rigetti's revenue in Q4 2024 was $1.9 million, down from $2.3 million in Q4 2023, while rival IonQ saw a 429% increase to $61.9 million, highlighting Rigetti's disadvantage in market competition.
  • Technical Path Choice: By opting for superconducting qubits, Rigetti follows a popular but competitive route, facing stiff competition from well-funded players like IBM and Google, which diminishes its chances of success.
  • Cautious Investment Advice: Given Rigetti's underperformance in the quantum computing sector, analysts recommend avoiding its stock and considering other technology-leading and rapidly growing quantum computing companies or related ETFs to mitigate investment risk.
Yahoo Finance
8.5
05-05Yahoo Finance
Rigetti Computing Faces Competitive Pressure in Quantum Race
  • Intensifying Market Competition: Rigetti Computing failed to advance in the Quantum Benchmarking Initiative, indicating its products are lagging behind competitors, particularly against well-funded firms like IBM and Google, which may lead to a further shrinkage of its market share.
  • Poor Financial Performance: In Q4 2024, Rigetti reported revenue of $1.9 million, down from $2.3 million in Q4 2023, highlighting its lackluster growth, while rival IonQ saw a staggering 429% year-over-year increase in revenue to $61.9 million, further emphasizing Rigetti's disadvantage.
  • Risky Technology Path: By opting for superconducting qubits as the core technology for its quantum computing, Rigetti faces significant competitive pressure due to the same approach taken by IBM and Google, thereby reducing its chances of success in the market.
  • Cautious Investment Recommendation: Given Rigetti's market performance and slow technological progress, analysts suggest investors consider other more promising quantum computing companies or related ETFs, as Rigetti's stock is not recommended under current circumstances.
Fool
8.5
05-04Fool
Nvidia Reshapes Quantum Computing Landscape
  • Stock Rebound: Following Nvidia's announcement of the new quantum computing model Ising, quantum start-ups saw significant stock increases, with Rigetti rising 13.3%, IonQ up 21%, and D-Wave climbing 22.6%, indicating a renewed market confidence in quantum technology.
  • Collaboration Opportunities: Nvidia's Ising model will provide an open-source and AI-powered platform for quantum computing, with IonQ and Rigetti actively partnering with Nvidia, enhancing their technological capabilities and potentially accelerating the adoption of quantum computing.
  • Market Outlook: As the world's largest company by market cap, Nvidia's investment in quantum computing signals strong business potential, attracting attention from giants like Alphabet and IBM, which will provide quantum start-ups with greater support and resources in a competitive landscape.
  • Technology Integration: Nvidia's Ising model positions AI as the operating system for quantum machines, improving the usability and reliability of quantum computing, thereby enhancing the market competitiveness of quantum start-ups and driving industry growth.
Fool
8.5
04-29Fool
Evaluating Quantum Computing Stocks: Rigetti vs Quantum Computing
  • Market Valuation Comparison: Rigetti Computing is valued at $5.5 billion, significantly higher than Quantum Computing's $2 billion, indicating greater market confidence in Rigetti's leadership position in the quantum computing sector.
  • Product Comprehensive Advantage: Rigetti offers a more comprehensive product lineup, including quantum processing chips and control systems, and has developed a quantum cloud services platform, making it more appealing to customers and driving its annual revenue to exceed Quantum Computing's by over ten times.
  • Technology Application Differences: Quantum Computing focuses on photonics and manufactures quantum computing components, but its business leans more towards component manufacturing rather than complete quantum computers, limiting its market potential and revenue growth.
  • Investment Risk Assessment: Although both stocks are speculative and carry high risks, Rigetti is viewed as a more attractive investment option in the current market environment, especially during price dips, which may yield better returns.
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
Northland
Nehal Chokshi
initiated
$20
AI Analysis
2026-04-20
Reason
Northland
Nehal Chokshi
Price Target
$20
AI Analysis
2026-04-20
initiated
Reason
Northland analyst Nehal Chokshi initiated coverage of Rigetti Computing with a Market Perform rating and $20 price target.
Northland
Nehal Chokshi
initiated
$20
2026-04-20
Reason
Northland
Nehal Chokshi
Price Target
$20
2026-04-20
initiated
Reason
As previously reported, Northland analyst Nehal Chokshi initiated coverage of Rigetti Computing with a Market Perform rating and $20 price target. Quantum computing's market potential could be between $100B and $250B, estimates the analyst, who believes technology execution risk is "far less on an industry level." For that reason, the firm argues that investing across all quantum computing companies diversifies away the risk and assures participating in the "asymetrically positively skewed projected returns." Among the five quantum names on which the analyst launched coverage, it has Outperform ratings on IonQ, Quantum Computing and Xanadu Quantum and assigns Market Perform ratings to D-Wave Quantum and Rigetti Computing.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RGTI
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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 -30.53. 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
-30.53
Current PE
0.00
Overvalued PE
26.96
Undervalued PE
-88.02

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
-23.40
Current EV/EBITDA
-12.15
Overvalued EV/EBITDA
23.48
Undervalued EV/EBITDA
-70.28

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
103.93
Current PS
145.58
Overvalued PS
284.74
Undervalued PS
-76.87

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M
Mubadala Investment Company PJSC
Holding
RGTI
+59.83%
3M Return
C
Clear Street LLC
Holding
RGTI
+18.25%
3M Return
C
CloudAlpha Capital Management Limited
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RGTI
+10.21%
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M
Marex Group plc
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3M Return

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Frequently Asked Questions

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

The current price of RGTI is 17.94 USD — it has decreased -2.18

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 1.87M USD, decreased -17.85

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 -91.04

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

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

What is Rigetti Computing Inc (RGTI) market cap?

Today RGTI has the market capitalization of 6.10B USD.