Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · Real-Time Price · USD
15.99
-0.48 (-2.91%)
At close: Aug 6, 2025, 4:00 PM
15.78
-0.21 (-1.31%)
After-hours: Aug 6, 2025, 7:59 PM EDT
-2.91%
Market Cap5.16B
Revenue (ttm)9.21M
Net Income (ttm)-137.60M
Shares Out 322.75M
EPS (ttm)-0.65
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume24,348,199
Open16.30
Previous Close16.47
Day's Range15.70 - 16.34
52-Week Range0.66 - 21.42
Beta1.45
AnalystsStrong Buy
Price Target15.60 (-2.44%)
Earnings DateAug 12, 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 $15.6, which is a decrease of -2.44% from the latest price.

Price Target
$15.6
(-2.44% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Quantum Stock Tracker: D-Wave Rated A 'Buy', Rigetti Sets Q2 Earnings Date

Quantum stocks saw bullish analyst coverage this week and announced dates for second-quarter earnings releases.

Other symbols: QBTS
12 days ago - Benzinga

Rigetti Computing to Report Second Quarter 2025 Financial Results and Host Conference Call on August 12, 2025

BERKELEY, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will r...

15 days ago - GlobeNewsWire

Quantum Stock Tracker: Rigetti Achieves Major Breakthrough, But Jim Cramer Names Another Stock To 'Own'

CNBC's Jim Cramer named one quantum stock to "own," while another company achieved a major technical breakthrough and substantial share price gains.

Other symbols: QUBT
19 days ago - Benzinga

EXCLUSIVE: This Stock's Up 1,300% — But CEO Says The Real Payoff's 4 Years Away

From penny stock to poster child for quantum hype, Rigetti Computing Inc RGTI has surged over 1,300% in the past year – but its CEO Subodh Kulkarni says real commercial traction is still years away.

20 days ago - Benzinga

RGTI Stock: Path To 10x Growth

Rigetti Computing's stock jumped 30% on July 16 after reaching 99.5% gate fidelity on its 36-qubit modular system—halving error rates compared to its earlier 84-qubit chip. This achievement confirms t...

20 days ago - Forbes

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.

21 days 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...

21 days 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.

21 days 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...

21 days 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...

21 days 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...

22 days 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
4 weeks 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...

4 weeks 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...

5 weeks 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
5 weeks 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
5 weeks 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...

5 weeks 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
5 weeks 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
6 weeks 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
6 weeks 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
6 weeks 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...

7 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?

7 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
2 months 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...

2 months ago - GlobeNewsWire