Rigetti Computing, Inc. (RGTI)

US — Technology Sector
Peers: QBTS  IONQ  SNX  SAIL  CACI  BILI  QXO  ZBRA  DUOL 

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Key Metrics & Ratings

  • symbol RGTI
  • Rev/Share 0.0266
  • Book/Share 1.855
  • PB 17.8328
  • Debt/Equity 0.0145
  • CurrentRatio 41.5704
  • ROIC -0.1231

 

  • MktCap 10723383824.0
  • FreeCF/Share -0.2198
  • PFCF -163.5535
  • PE -59.8574
  • Debt/Assets 0.0126
  • DivYield 0
  • ROE -0.6529

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 2
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade RGTI B. Riley Securities Buy Neutral -- $42 Nov. 3, 2025
Initiation RGTI Cantor Fitzgerald -- Overweight -- $15 July 2, 2025
Initiation RGTI Craig Hallum -- Buy -- $12 Dec. 20, 2024

News

Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings
IONQ, QBTS, RGTI
Published: November 11, 2025 by: Benzinga
Sentiment: Neutral

Quantum stocks are in focus as the Q3 earnings season rolls on. Here's a look at the reports from companies that have reported and estimates for one that is still ahead.

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image for news Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings
Rigetti Computing, Inc. (RGTI) Q3 2025 Earnings Call Transcript
RGTI
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Rigetti Computing, Inc. ( RGTI ) Q3 2025 Earnings Call November 11, 2025 8:30 AM EST Company Participants Subodh Kulkarni - CEO, President & Director Jeffrey Bertelsen - Chief Financial Officer Conference Call Participants David Williams - The Benchmark Company, LLC, Research Division Quinn Bolton - Needham & Company, LLC, Research Division Kinney Chin - TD Cowen, Research Division Craig Ellis - B. Riley Securities, Inc., Research Division Brian Kinstlinger - Alliance Global Partners, Research Division Richard Shannon - Craig-Hallum Capital Group LLC, Research Division Troy Jensen - Cantor Fitzgerald & Co., Research Division Tyler Perry Anderson - Craig-Hallum Capital …

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image for news Rigetti Computing, Inc. (RGTI) Q3 2025 Earnings Call Transcript
Rigetti Computing CEO: We are about 3-4 years away from demonstrating quantum advantage
RGTI
Published: November 11, 2025 by: CNBC Television
Sentiment: Neutral

Subodh Kulkarni, Rigetti Computing CEO, joins CNBC's 'Money Movers' to discuss the company's latest quarter, how investors should think about valuing quantum stocks, and much more.

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image for news Rigetti Computing CEO: We are about 3-4 years away from demonstrating quantum advantage
Rigetti Computing: Rating Downgrade Driven By Overheated Valuation
RGTI
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Rigetti Computing (RGTI) is making technical progress and expanding partnerships, but financials remain weak with declining revenue and widening losses. RGTI trades at extremely high valuation multiples—over 1,000x sales—despite falling revenue, high cash burn, and heavy reliance on government contracts. Recent momentum and hype have driven the stock up nearly 92%, but fundamentals have not caught up to justify the price surge.

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image for news Rigetti Computing: Rating Downgrade Driven By Overheated Valuation
Alert: Rigetti Computing (RGTI) Stock Is Vulnerable
RGTI
Published: November 11, 2025 by: 24/7 Wall Street
Sentiment: Negative

Instead of looking for the “next” artificial intelligence (AI) stock, some traders are turning to quantum computing stocks for big price moves.

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image for news Alert: Rigetti Computing (RGTI) Stock Is Vulnerable
Rigetti's New Orders and India MoU: Will They Boost Q3 Performance?
RGTI
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI secures $5.7M in Novera system orders and India MOU, but Q3 will test if momentum can turn into real revenue growth.

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image for news Rigetti's New Orders and India MoU: Will They Boost Q3 Performance?
Government Shutdown Possibly Coming to an End
MNDY, PSKY, RGTI, TSN
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Neutral

Government Shutdown Possibly Coming to an End.

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image for news Government Shutdown Possibly Coming to an End
Rigetti Pre-Q3 Earnings Analysis: Buy, Sell or Hold the Stock?
RGTI
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI's Q3 results are likely to reflect steady quantum progress but limited near-term revenue growth as public-sector funding uncertainty lingers.

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image for news Rigetti Pre-Q3 Earnings Analysis: Buy, Sell or Hold the Stock?
Rigetti Computing to Post Q3 Earnings: What's in Store for the Stock?
RGTI
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI's Q3 results are likely to gain from U.S. funding clarity, new contracts and gains from its next-gen quantum system.

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image for news Rigetti Computing to Post Q3 Earnings: What's in Store for the Stock?
Is Rigetti Entering a Turning Point as Partnerships and Demand Rise?
RGTI
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI gains traction with new contracts, rising hybrid-quantum demand and NVIDIA collaboration fueling momentum.

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image for news Is Rigetti Entering a Turning Point as Partnerships and Demand Rise?
Rigetti Computing (RGTI) Is Considered a Good Investment by Brokers: Is That True?
RGTI
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Rigetti Computing (RGTI) Is Considered a Good Investment by Brokers: Is That True?
Palantir vs. Quantum Stocks: Which High-Upside Play is a Better Buy in November?
PLTR, RGTI
Published: November 04, 2025 by: 24/7 Wall Street
Sentiment: Positive

Palantir (PLTR) reported strong Q3 earnings and raised Q4 guidance, but shares dropped over 4% after hours.

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image for news Palantir vs. Quantum Stocks: Which High-Upside Play is a Better Buy in November?
IONQ vs RGTI vs QBTS: Which Quantum Computing Stock Should You Buy in November 2025?
IONQ, QBTS, RGTI
Published: November 03, 2025 by: 24/7 Wall Street
Sentiment: Neutral

The quantum computing space has been heating up rapidly, but we're still in the early stages.

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image for news IONQ vs RGTI vs QBTS: Which Quantum Computing Stock Should You Buy in November 2025?
Why Is Rigetti Computing Stock Sinking Monday?
RGTI
Published: November 03, 2025 by: Benzinga
Sentiment: Negative

Shares of Rigetti Computing Inc. (NASDAQ:RGTI) slipped Monday after B. Riley Securities analyst Craig Ellis downgraded the stock from Buy to Neutral, even as he raised the price forecast from $35 to $42.

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image for news Why Is Rigetti Computing Stock Sinking Monday?
Will Rigetti's Support on NVQLink Speed Up Hybrid Quantum Computing?
RGTI
Published: October 31, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI backs NVIDIA's NVQLink, marking a pivot toward hybrid quantum-classical computing and expanded market opportunities.

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image for news Will Rigetti's Support on NVQLink Speed Up Hybrid Quantum Computing?
Rigetti vs IonQ: Which Quantum Computing Stock Holds More Promise?
IONQ, RGTI
Published: October 29, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI's chiplet-driven gains and IONQ's high-fidelity breakthroughs define two distinct paths in the quantum computing race for investors.

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image for news Rigetti vs IonQ: Which Quantum Computing Stock Holds More Promise?
Is Trending Stock Rigetti Computing, Inc. (RGTI) a Buy Now?
RGTI
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.

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image for news Is Trending Stock Rigetti Computing, Inc. (RGTI) a Buy Now?
3 Scary-Good Growth Stocks That Would Have Turned $6,000 Invested Last Halloween Into $91,000 Today
HOOD, RGTI, RKLB
Published: October 26, 2025 by: The Motley Fool
Sentiment: Positive

Rigetti Computing, Rocket Lab, and Robinhood Markets have been some of the hottest growth stocks to own over the past year. All three have tremendous growth prospects, but only one has profits.

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image for news 3 Scary-Good Growth Stocks That Would Have Turned $6,000 Invested Last Halloween Into $91,000 Today
Where Will Rigetti Computing Stock Be in 10 Years?
RGTI
Published: October 26, 2025 by: The Motley Fool
Sentiment: Positive

Quantum computing is attracting investor attention, but it could be decades before it is ready for prime time. Is it too early to bet on pure plays like Rigetti?

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image for news Where Will Rigetti Computing Stock Be in 10 Years?
This Quantum Computing Stock Is Up 3,000% Over the Last Year, and the CEO Just Cashed Out. Are Retail Investors Fueling a Bubble?
RGTI
Published: October 26, 2025 by: The Motley Fool
Sentiment: Neutral

Rigetti Computing has emerged as one of the most popular quantum computing stocks over the last year. The company's CEO sold $11 million worth of stock earlier this year.

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image for news This Quantum Computing Stock Is Up 3,000% Over the Last Year, and the CEO Just Cashed Out. Are Retail Investors Fueling a Bubble?
Rigetti Computing, Inc. (RGTI) Stock Falls Amid Market Uptick: What Investors Need to Know
RGTI
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Negative

In the most recent trading session, Rigetti Computing, Inc. (RGTI) closed at $38.84, indicating a -1.91% shift from the previous trading day.

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image for news Rigetti Computing, Inc. (RGTI) Stock Falls Amid Market Uptick: What Investors Need to Know
Quantum Stock Tracker: Rigetti, D-Wave, IonQ's Bumpy Week
IONQ, QBTS, RGTI
Published: October 24, 2025 by: Benzinga
Sentiment: Neutral

Quantum stocks were volatile and in the spotlight following reports that the Trump administration may be interested in investing in the sector.

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image for news Quantum Stock Tracker: Rigetti, D-Wave, IonQ's Bumpy Week
Rigetti: Washington May Take A Quantum Stake In The Future
RGTI
Published: October 24, 2025 by: Seeking Alpha
Sentiment: Positive

Washington's rumored interest in Rigetti aligns with recent U.S. investments in strategic sectors (Intel, MP Materials, Lithium Americas, U.S. Steel), suggesting a push towards strengthening long-term national quantum-security capabilities. RGTI already has substantial liquidity (~$571 million) and runway (~9.6 years); federal funding would add minimal cash benefit, but significantly boost investor sentiment, reduce perceived risk, and lower WACC. With a forward price-to-sales ratio around 1,500 and annual revenue projected to grow ~100% over multiple years, the upside looks significant, but so is the risk.

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image for news Rigetti: Washington May Take A Quantum Stake In The Future
Despite Trump Administration Denials, Quantum Stocks Keep Leaping Higher
IONQ, QBTS, QUBT, RGTI
Published: October 24, 2025 by: 24/7 Wall Street
Sentiment: Positive

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image for news Despite Trump Administration Denials, Quantum Stocks Keep Leaping Higher
Traders Are Actively Buying These Stocks Right Now
OPEN, PLUG, QBTS, RGTI
Published: October 24, 2025 by: 24/7 Wall Street
Sentiment: Neutral

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image for news Traders Are Actively Buying These Stocks Right Now
Quantum Computing Stocks Are on Fire: 3 to Watch Right Now
BTQ, CCCX, RGTI
Published: October 24, 2025 by: MarketBeat
Sentiment: Positive

Quantum computing stocks have erupted in recent months, with several names doubling or even tripling in value as speculative momentum grips the market. The rally isn't tied to a single catalyst but fueled by surging investor enthusiasm, short-covering, and a growing belief that the industry is nearing its commercial breakthrough.

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image for news Quantum Computing Stocks Are on Fire: 3 to Watch Right Now
Quantum stocks stayed higher after Trump administration's denial of equity talks. Here's why
IONQ, QBTS, RGTI
Published: October 23, 2025 by: CNBC
Sentiment: Positive

The Trump administration is denying that it is "currently" in talks with quantum computing companies to take an equity stake. Shares of IonQ, Rigetti Computing, and D-Wave Quantum were all still higher despite the statement from the Commerce Department.

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image for news Quantum stocks stayed higher after Trump administration's denial of equity talks. Here's why
Can Rigetti Turn Purchase Orders Into Sustainable Revenue Growth?
RGTI
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI's $5.7M in new purchase orders and a $5.8M Air Force award signal a key step from R&D to real quantum commercialization momentum.

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image for news Can Rigetti Turn Purchase Orders Into Sustainable Revenue Growth?
Quantum computing stocks: IonQ, Rigetti, D-Wave, and QUBT are soaring again today. Does Trump want in?
IONQ, QBTS, QUBT, RGTI
Published: October 23, 2025 by: Fast Company
Sentiment: Positive

It's been a wild 24 hours for the stock prices of America's “big four” publicly traded quantum computing companies, which include D-Wave, IonQ, Quantum Computing Inc., and Rigetti.

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image for news Quantum computing stocks: IonQ, Rigetti, D-Wave, and QUBT are soaring again today. Does Trump want in?
The Latest Trump Trade Is Here—And It's Lifting Quantum Computing Stocks
IONQ, QBTS, QUBT, RGTI
Published: October 23, 2025 by: Investopedia
Sentiment: Neutral

A new White House trade is here.

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image for news The Latest Trump Trade Is Here—And It's Lifting Quantum Computing Stocks

About Rigetti Computing, Inc. (RGTI)

  • IPO Date 2021-04-22
  • Website https://www.rigetti.com
  • Industry Computer Hardware
  • CEO Subodh K. Kulkarni
  • Employees 137

Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.