Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · Real-Time Price · USD
11.06
-0.29 (-2.56%)
At close: Jun 20, 2025, 4:00 PM
10.80
-0.26 (-2.35%)
Pre-market: Jun 23, 2025, 7:46 AM EDT
-2.56%
Market Cap 3.23B
Revenue (ttm) 9.21M
Net Income (ttm) -137.60M
Shares Out 292.44M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 27,759,452
Open 11.51
Previous Close 11.35
Day's Range 11.01 - 11.58
52-Week Range 0.66 - 21.42
Beta 1.51
Analysts Strong Buy
Price Target 14.00 (+26.58%)
Earnings Date Aug 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 Forecast

According to 4 analysts, the average rating for RGTI stock is "Strong Buy." The 12-month stock price forecast is $14.0, which is an increase of 26.58% from the latest price.

Price Target
$14.0
(26.58% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

5 days 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?

10 days 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
12 days 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...

12 days 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...

19 days 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
26 days 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...

26 days 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.

5 weeks 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 ...

5 weeks ago - Seeking Alpha

Quantum computing is a 'super super computer using less energy,' Rigetti CEO

Quantum computing company Rigetti Computing (RGTI) released its first quarter earnings results on Monday, which saw revenues decrease from its previous quarter as the company pursues quantum advantage...

5 weeks ago - Yahoo Finance

RGTI CEO on Quantum Timeline & 1Q Earnings

Rigetti Computing (RGTI) CEO, Dr. Subodh Kulkarni, returns to Market on Close to talk about his company's latest earnings. While the company's stock sold off after earnings, Kulkarni says quantum comp...

5 weeks ago - Schwab Network

Quantum "Long-Term Bet," Forms "Trifecta" with A.I. & Cloud

Steven Dickens says investors "shouldn't be focused on headline numbers" for quantum stocks. Rigetti Computing (RGTI) posted a big revenue miss but Steven believes it, and other quantum companies, hav...

Other symbols: IONQQBTS
5 weeks ago - Schwab Network

Deep dive: Why Rigetti Computing's Q1 EPS isn't as impressive beneath the surface

Rigetti Computing Inc. (NASDAQ: RGTI) lost as much as 12% on Tuesday after reporting its financial results for the first quarter, which disappointed across the board. In Q1, the quantum technology com...

5 weeks ago - Invezz

3D Systems, Rigetti Computing, UnitedHealth Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

3D Systems reported quarterly losses of 21 cents per share which missed the analyst consensus estimate of losses of 14 cents per share. The company reported quarterly sales of $94.54 million which mis...

Other symbols: DDDUNH
5 weeks ago - Benzinga

Rigetti Computing Q1 Earnings: Too Much Hype For Me

Rigetti Computing's Q1 2025 earnings are unimpressive, with declining revenue growth and rapid share dilution, making the stock unattractive despite the sector's current popularity. The company faces ...

5 weeks ago - Seeking Alpha

Rigetti Computing, Inc. (RGTI) Q1 2025 Earnings Call Transcript

Rigetti Computing, Inc. (NASDAQ:RGTI) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Subodh Kulkarni - President and CEO Jeff Bertelsen - CFO Conference Call Participan...

5 weeks ago - Seeking Alpha

Rigetti Computing Reports First Quarter 2025 Financial Results

BERKELEY, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financi...

5 weeks ago - GlobeNewsWire

3 Bullish Signals Say Rigetti Stock Could Pop After Q1 Earnings

Rigetti Computing Inc. RGTI will report its first-quarter earnings after the market closes today. Wall Street expects the quantum computing startup to post a loss of five cents per share on revenue of...

5 weeks ago - Benzinga

Rigetti is taking on IBM, Google, and Microsoft in the race to build quantum computers. $RGTI

Rigetti is taking on IBM, Google, and Microsoft in the race to build quantum computers. $RGTI.

6 weeks ago - After Earnings

Rigetti Computing to Participate in Fireside Chat at 20th Annual Needham Technology, Media, & Consumer Conference

BERKELEY, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that Rigett...

6 weeks ago - GlobeNewsWire

QphoX, Rigetti and the NQCC Announce Collaboration on Multi-Channel Optical Readout of Quantum Processors

DELFT, Netherlands, BERKELEY, Calif. and OXFORDSHIRE, United Kingdom, May 06, 2025 (GLOBE NEWSWIRE) -- QphoX B.V.

6 weeks ago - GlobeNewsWire

Rigetti vs IonQ stock: which is the better quantum play for 2025?

Both Rigetti Computing Inc (NASDAQ: RGTI) and IonQ Inc (NYSE: IONQ) have soared about 50% over the past month as investors ran into the quantum computing stocks in hopes they'll emerge as the next gol...

Other symbols: IONQ
7 weeks ago - Invezz

Rigetti Computing Closes Investment by Quanta Computer

BERKELEY, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it h...

7 weeks ago - GlobeNewsWire

6 Stocks Showing Momentum As The Market Rebounds

Don't call it a comeback, but the market attempted to rally last week after a worrisome Monday decline. The S&P 500 closed above 5500 on Friday for the first time since President Donald Trump announce...

Other symbols: ACHRHNRGNUTXRKLBVNET
7 weeks ago - Benzinga

Rigetti Computing to Report First Quarter 2025 Financial Results and Host Conference Call on May 12, 2025

BERKELEY, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will ...

7 weeks ago - GlobeNewsWire