Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · Real-Time Price · USD
16.56
+3.84 (30.19%)
At close: Jul 16, 2025, 4:00 PM
15.91
-0.65 (-3.93%)
Pre-market: Jul 17, 2025, 9:01 AM EDT
30.19%
Market Cap4.84B
Revenue (ttm)9.21M
Net Income (ttm)-137.60M
Shares Out 292.44M
EPS (ttm)-0.65
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume193,609,369
Open13.80
Previous Close12.72
Day's Range13.78 - 16.84
52-Week Range0.66 - 21.42
Beta1.44
AnalystsStrong Buy
Price Target14.20 (-14.25%)
Earnings DateAug 7, 2025

About RGTI

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum processing unit under the Novera QPU trade name; 84-qubit Ankaa-3 system under the name Novera QPU; and sells access to its quantum computers through QCa... [Read more]

Sector Technology
Founded 2013
Employees 140
Stock Exchange NASDAQ
Ticker Symbol RGTI
Full Company Profile

Financial Performance

In 2024, Rigetti Computing's revenue was $10.79 million, a decrease of -10.14% compared to the previous year's $12.01 million. Losses were -$200.99 million, 167.6% more than in 2023.

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for RGTI stock is "Strong Buy." The 12-month stock price target is $14.2, which is a decrease of -14.25% from the latest price.

Price Target
$14.2
(-14.25% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rigetti Computing stock price: Why shares took a quantum leap today

Shares in the quantum computing firm Rigetti Computing are experiencing what you might call quantum leap.

16 hours ago - Fast Company

Rigetti stock may be overreacting to 36-qubit breakthrough: here's why

Rigetti Computing Inc (NASDAQ: RGTI) soared as much as 30% on Wednesday after announcing a major technical achievement: the successful demonstration of a 36-qubit modular quantum computer with 99.5% f...

17 hours ago - Invezz

RGTI Rallies 30% Amid Quantum Computing Breakthrough

Rigetti Computing (RGTI) makes a quantum leap. The company announced that its 36-qubit quantum computer system reduced error rates in half.

18 hours ago - Schwab Network

Rigetti Just Made A Quantum Leap - Fueling A Rally That's Hard To Ignore

Rigetti Computing Inc. RGTI just flipped the switch on its biggest quantum breakthrough yet – and for once, Wall Street didn't sleep through it. The company's reveal of a 36-qubit modular quantum syst...

22 hours ago - Benzinga

Rigetti Demonstrates Industry's Largest Multi-Chip Quantum Computer; Halves Two-Qubit Gate Error Rate

BERKELEY, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it ha...

1 day ago - GlobeNewsWire

Rigetti Computing: Quantum Cash Pile Changes Everything

Rigetti holds a $575 million cash reserve with no debt, giving it over six years of R&D runway. Recent $350 million ATM equity offering boosted liquidity, fueling milestones like scaling to a 36-qubit...

1 day ago - Seeking Alpha

Quantum Stock Watch: Bullish Analyst Coverage On IonQ, D-Wave, Rigetti Computing

Quantum computing stocks had a big week with a completed offering and bullish analyst coverage of several stocks.

Other symbols: IONQQBTS
13 days ago - Benzinga

What's Next For Rigetti Stock?

Rigetti Computing (NASDAQ: RGTI), a company specializing in quantum computing, experienced a 15% increase on July 2 — a significant movement that concluded nearly a 70% rise over the preceding four mo...

13 days ago - Forbes

Quantum Computing's Dark Horse Rigetti Stands At The Edge Of Greatness

Rigetti Computing RGTI is back in the spotlight. After a punishing stretch in 2022 and 2023, the quantum computing firm has staged a remarkable turnaround—its stock soaring more than 1,000% over the p...

14 days ago - Benzinga

Analyst Names RGTI, IONQ & QBTS as Buys in Crowded Quantum Space

Several quantum stocks like Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ Inc. (IONQ) rallied after Cantor Fitzgerald initiated coverage with buy ratings. George Tsilis notes the risk-rewa...

Other symbols: IONQQBTS
14 days ago - Schwab Network

The Quantum Computing Industry Is Crowded. Why D-Wave, IonQ, and Rigetti Are a Buy.

Rigetti and D-Wave will be able to break away from the pack, while Quantum Computing's technology poses a challenge, an analyst says.

Other symbols: IONQQBTS
14 days ago - Barrons

Analyst: buy Rigetti stock as it warms up to blow past its May high

Rigetti Computing Inc (NASDAQ: RGTI) is inching up this morning after Troy Jensen, a Cantor Fitzgerald analyst, issued a bullish note in its favour. Jensen recommended loading up on RGTI shares at cur...

14 days ago - Invezz

Quantum Stocks Surge And Stumble: Here's What Happened This Week

Earlier this week, Quantum Computing, Inc. QUBT announced a $200 million private placement and Microsoft Corp.'s MSFT CEO said quantum computing could take scientific advancements to the next level.

Other symbols: IONQQUBT
18 days ago - Benzinga

Top 4 quantum computing stocks to buy today

Quantum computing stocks have become highly volatile in the past few months, often rising by double digits in a day and then plunging on the following day.  Analysts have a mixed opinion on the indust...

Other symbols: GOOGGOOGLIONQQUBT
22 days ago - Invezz

Quantum Volatility? Tradr's New ETFs QUBX, RGTU Are Built for It, Says Matt Markiewicz

Tradr ETFs is doubling down, literally, on the quantum theme. On Tuesday, the company rolled out two new daily single-stock leveraged ETFs: the Tradr 2X Long QUBT Daily ETF QUBX and the Tradr 2X Long ...

Other symbols: RGTUQUBXQUBT
22 days ago - Benzinga

Tradr Launches Leveraged ETFs on Quantum Computing Inc. (QUBT) and Rigetti Computing (RGTI)

QUBX, a first-to-market fund, and RGTU offer 2X daily exposure on disruptive quantum computing stocks NEW YORK , June 24, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated...

Other symbols: QUBTRGTUQUBX
23 days ago - PRNewsWire

Rigetti Computing: Selling More Shares Than Quantum Computers

Rigetti Computing is rapidly diluting shareholders by issuing more stock to raise capital, giving the company ~$575 million in cash now. The quantum computing sector is highly competitive, with giants...

4 weeks ago - Seeking Alpha

Rigetti Computing Stock Down 37% As Nvidia CEO Sees ‘Inflection Point'

Nvidia CEO says quantum computing is reaching “an inflection point” and Rigetti Computing stock is up slightly — but down 37% in 2025. Should you buy?

4 weeks ago - Forbes

Nvidia CEO Changes Tune on Quantum Computing. D-Wave, Rigetti, and IonQ Stocks Rise.

Jensen Huang says quantum machines will be used to solve ‘interesting problems in the coming years.'

Other symbols: IONQNVDAQBTSQUBT
5 weeks ago - Barrons

Rigetti Computing Completes $350 Million At-the-Market Equity Offering

BERKELEY, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it ha...

5 weeks ago - GlobeNewsWire

RGTI Stock: What's Next After An 1,100% Rally?

Rigetti Computing (NASDAQ: RGTI) has emerged as a standout performer in the quantum computing sector, with its stock price surging a remarkable 1,080% over the past twelve months. This extraordinary g...

6 weeks ago - Forbes

Technical Tuesday: SPX, CRWD, RGTI

Kevin Horner's Technical Tuesday charts cover the SPX, CrowdStrike (CRWD), and Rigetti Computing (RGTI). He says $5,900 “feels good” on the SPX, and a leg higher could bring us near all-time highs.

Other symbols: CRWD
7 weeks ago - Schwab Network

Rigetti Founder Launches New Quantum Firm to Boost AI

Chad Rigetti says his new startup, Sygaldry, will stand out from competitors in the quantum space because those rivals formed their business roadmaps years before AI was widely adopted. Rigetti speaks...

7 weeks ago - Bloomberg Technology

Why Did Rigetti Computing Analyst Cut His Price Forecast?

Rigetti Computing, Inc. RGTI shares are surging on Wednesday, reversing from yesterday's decline.

2 months ago - Benzinga

Rigetti Computing: I Think It Is Still A Little Too Early For This Sector

Rigetti Computing is a speculative investment due to the quantum computing market's immaturity and the company's high cash burn rate and declining financials. Q1/2025 results were disappointing, with ...

2 months ago - Seeking Alpha