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 0.0231
  • Book/Share 1.144
  • PB 13.9161
  • Debt/Equity 0.0204
  • CurrentRatio 39.2207
  • ROIC -0.1298

 

  • MktCap 5254015162.0
  • FreeCF/Share -0.2079
  • PFCF -77.7555
  • PE -14.7433
  • Debt/Assets 0.0121
  • DivYield 0
  • ROE -1.1152

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade RGTI TD Cowen Buy Hold -- -- Feb. 12, 2026
Upgrade RGTI B. Riley Securities Neutral Buy -- $35 Jan. 22, 2026
Initiation RGTI Rosenblatt -- Buy -- $40 Jan. 15, 2026
Initiation RGTI Wedbush -- Outperform -- $35 Dec. 17, 2025
Initiation RGTI Jefferies -- Hold -- $30 Dec. 16, 2025
Initiation RGTI Mizuho -- Outperform -- $50 Dec. 11, 2025
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

When Will Quantum Computing Be Ready for Prime Time? Inside Rigetti's Big Bet
RGTI
Published: April 28, 2025 by: After Earnings
Sentiment: Neutral

On the latest episode of After Earnings, we spoke with Rigetti CEO Dr. Subodh Kulkarni about quantum science and its applications today. He talked about how Rigetti tries to compete with the quantum computing R&D budgets of Big Tech players, the company's push towards a 100-qubit processor, and the promise of new breakthroughs.

Read More
image for news When Will Quantum Computing Be Ready for Prime Time? Inside Rigetti's Big Bet
Rigetti Granted Air Force Office of Scientific Research Award to Further Develop Breakthrough Chip Fabrication Technology
RGTI
Published: April 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

The $5.48 million Rigetti-led consortium will include Iowa State University, the Royal Melbourne Institute of Technology, the University of Connecticut, and Lawrence Livermore National Laboratory. The project aims to develop a deeper understanding of how Rigetti's novel chip fabrication process, Alternating-Bias Assisted Annealing (ABAA), reduces defects in superconducting qubits.

Read More
image for news Rigetti Granted Air Force Office of Scientific Research Award to Further Develop Breakthrough Chip Fabrication Technology
Rigetti vs. IonQ: Which Quantum Computing Stock Offers More Growth?
IONQ, RGTI
Published: April 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Rigetti and IonQ are racing to dominate quantum computing. One bets on precision and partnerships, the other on scale and market reach.

Read More
image for news Rigetti vs. IonQ: Which Quantum Computing Stock Offers More Growth?
Discover Why Quantum Computing Stocks Are Soaring Today
QBTS, RGTI, TEM
Published: April 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

With the stock market in rally mode, there are more pockets of strength than there have been in a while.

Read More
image for news Discover Why Quantum Computing Stocks Are Soaring Today
Should You Forget Rigetti Computing and Buy 2 Artificial Intelligence (AI) Stocks Right Now?
MSFT, RGTI, TSM
Published: April 23, 2025 by: The Motley Fool
Sentiment: Neutral

Rigetti Computing (RGTI 5.67%) has caught the eye of many tech investors over the past couple of years as the quantum computing market has taken shape. The company is knee-deep in this market, designing and manufacturing quantum computing units and systems, as well as running a quantum computing platform application development.

Read More
image for news Should You Forget Rigetti Computing and Buy 2 Artificial Intelligence (AI) Stocks Right Now?
Rigetti Wins Innovate UK's Quantum Missions Pilot Competition to Advance Quantum Error Correction Capabilities on Superconducting Quantum Computers
RGTI
Published: April 22, 2025 by: GlobeNewsWire
Sentiment: Neutral

Rigetti, in collaboration with Riverlane and the National Quantum Computing Centre (NQCC), has been selected as one of the winners of Innovate UK's Quantum Missions pilot competition. Leveraging Rigetti's quantum computer hosted at the NQCC, the £3.5 million Rigetti-led consortium aims to benchmark and enhance the quantum error correction capabilities of superconducting quantum computers — a requirement for achieving large-scale fault-tolerant quantum computing.

Read More
image for news Rigetti Wins Innovate UK's Quantum Missions Pilot Competition to Advance Quantum Error Correction Capabilities on Superconducting Quantum Computers
A $10,000 Investment In These 3 Stocks Could Be Worth More than $100,000 In 5 Years
BYDDF, MP, RGTI
Published: April 21, 2025 by: 24/7 Wall Street
Sentiment: Neutral

Finding stocks that could potentially 10x in value is sort of like chasing the rainbow to find the pot of gold at the end.

Read More
image for news A $10,000 Investment In These 3 Stocks Could Be Worth More than $100,000 In 5 Years
Here is What to Know Beyond Why Rigetti Computing, Inc. (RGTI) is a Trending Stock
RGTI
Published: April 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Rigetti Computing (RGTI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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image for news Here is What to Know Beyond Why Rigetti Computing, Inc. (RGTI) is a Trending Stock
RGTI Jumps 15% Post DARPA Quantum Project Win: Time to Buy the Stock?
RGTI
Published: April 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Rigetti Computing RGTI shares have rallied 15.2% since the company announced that it was selected to participate in the Defense Advanced Research Projects Agency (“DARPA”) Quantum Benchmarking Initiative on April 03. This program aims to evaluate whether quantum computing technologies can achieve a utility-scale performance by 2033.

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image for news RGTI Jumps 15% Post DARPA Quantum Project Win: Time to Buy the Stock?
Rigetti and IonQ Selected for U.S. Quantum Initiative. Moving ‘From Hype to Prototype.
IONQ, RGTI
Published: April 07, 2025 by: Barrons
Sentiment: Positive

Rigetti, IonQ, and Quantinuum will work with the Department of Defense to build viable quantum computers.

Read More
image for news Rigetti and IonQ Selected for U.S. Quantum Initiative. Moving ‘From Hype to Prototype.
Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?
RGTI
Published: April 07, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Read More
image for news Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?
Rigetti Computing, Inc. (RGTI) is Attracting Investor Attention: Here is What You Should Know
RGTI
Published: April 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Rigetti Computing (RGTI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Rigetti Computing, Inc. (RGTI) is Attracting Investor Attention: Here is What You Should Know
Are Short Sellers Wrong About These 3 Semiconductor Stocks?
INDI, PI, RGTI
Published: April 04, 2025 by: MarketBeat
Sentiment: Positive

Three U.S. chip stocks have 25% or more of their floated shares sold short, indicating a very high level of bearish sentiment among a certain group of investors.

Read More
image for news Are Short Sellers Wrong About These 3 Semiconductor Stocks?
How Much Upside is Left in Rigetti Computing (RGTI)? Wall Street Analysts Think 50.71%
RGTI
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

The mean of analysts' price targets for Rigetti Computing (RGTI) points to a 50.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Read More
image for news How Much Upside is Left in Rigetti Computing (RGTI)? Wall Street Analysts Think 50.71%
Where Will Rigetti Computing Stock Be in 1 Year?
RGTI
Published: March 26, 2025 by: The Motley Fool
Sentiment: Positive

It's usually a bad idea to invest in booming, hype-based stocks because they will probably fall back down to earth unless their rally is based on sustainable fundamentals. With shares down by 41% since the start of 2025, Rigetti Computing (RGTI 0.36%) is an excellent example of this phenomenon.

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image for news Where Will Rigetti Computing Stock Be in 1 Year?
Is Rigetti Computing a Buy?
RGTI
Published: March 25, 2025 by: The Motley Fool
Sentiment: Negative

Quantum computing could solve humankind's most challenging problems and someday create countless new technologies and markets. It uses physics to take computing technology to new heights -- levels that, frankly, are difficult to comprehend.

Read More
image for news Is Rigetti Computing a Buy?
Why startups and tech giants are racing to build a practical quantum computer
AMZN, GOOGL, IBM, INTC, IONQ, MSFT, NVDA, QBTS, QUBT, RGTI
Published: March 21, 2025 by: CNBC
Sentiment: Positive

Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.

Read More
image for news Why startups and tech giants are racing to build a practical quantum computer
Brokers Suggest Investing in Rigetti Computing (RGTI): Read This Before Placing a Bet
RGTI
Published: March 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

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?

Read More
image for news Brokers Suggest Investing in Rigetti Computing (RGTI): Read This Before Placing a Bet
Quantum Computing Stocks Fall Ahead Of Nvidia Event
IONQ, QBTS, RGTI
Published: March 19, 2025 by: Investors Business Daily
Sentiment: Negative

Key quantum computing stocks fell Wednesday ahead of Nvidia's much-anticipated Quantum Day to be led by CEO Jensen Huang. The post Quantum Computing Stocks Fall Ahead Of Nvidia Event appeared first on Investor's Business Daily.

Read More
image for news Quantum Computing Stocks Fall Ahead Of Nvidia Event
3 Quantum Computing Stocks to Watch
IONQ, QBTS, RGTI
Published: March 17, 2025 by: Schaeffers Research
Sentiment: Positive

Quantum computing stocks soared on Friday as traders targeted tech stocks amid the broader market rebound.

Read More
image for news 3 Quantum Computing Stocks to Watch
Every Rigetti Computing Investor Should Keep an Eye on This Number
RGTI
Published: March 14, 2025 by: The Motley Fool
Sentiment: Positive

Rigetti Computing (RGTI 20.51%) captured Wall Street's attention by advancing the rapidly evolving field of quantum computing.

Read More
image for news Every Rigetti Computing Investor Should Keep an Eye on This Number
Deep Analysis Shows Rigetti's High-Risk Growth Horizon (Rating Upgrade)
RGTI
Published: March 14, 2025 by: Seeking Alpha
Sentiment: Negative

Rigetti Computing, Inc.'s multi-chip scaling and in-house Fab-1 aim to catch IBM and IonQ, but quantum advantage remains unproven. Intense R&D drives heavy losses. Revenue growth is sluggish, with 2024 down to $10.8M. Annual burn of $60M drains $190M liquidity; watch for equity dilution. Valuation is lofty, but potential alpha justifies a tiny allocation. Cautious macro stance: hold 20–30% in cash equivalents.

Read More
image for news Deep Analysis Shows Rigetti's High-Risk Growth Horizon (Rating Upgrade)
Rigetti's Quantum Gamble Enters Critical Phase
RGTI
Published: March 13, 2025 by: Seeking Alpha
Sentiment: Negative

Rigetti has dropped 33%, significantly underperforming the market's -7% decline, leading to an upgrade to speculative buy after the pullback. RGTI $200M+ partnership with Quanta aims to accelerate quantum commercialization by boosting R&D, QPU deployment, and securing government and academic contracts over five years. Revenue declined 32% year-over-year to $2.3 million in Q4, while the company reported a $153 million net loss, driven by lower-margin contracts and high expenses.

Read More
image for news Rigetti's Quantum Gamble Enters Critical Phase
Rigetti Computing Up 14% Post Q4 Earnings: Is the Stock a Buy?
RGTI
Published: March 10, 2025 by: Zacks Investment Research
Sentiment: Positive

RGTI's strong growth potential and expanding presence in the quantum computing market make it a compelling investment despite market challenges.

Read More
image for news Rigetti Computing Up 14% Post Q4 Earnings: Is the Stock a Buy?
Rigetti Earnings Reveal the Risks and Rewards of Quantum Computing
RGTI
Published: March 06, 2025 by: Barrons
Sentiment: Negative

Rigetti Computing and other pure plays may be on shaky footing as competition in quantum ramps up.

Read More
image for news Rigetti Earnings Reveal the Risks and Rewards of Quantum Computing
Rigetti Computing: Why The Stock Is Dropping Despite A Strong Earnings Call
RGTI
Published: March 06, 2025 by: Seeking Alpha
Sentiment: Negative

I expect tariffs to drive inflation higher and DOGE cuts to decrease consumer confidence, delaying Fed interest rate cuts until at least 2026. I believe speculative plays like Rigetti Computing, Inc. thrive in bull markets but face challenges during economic contractions, as seen in recent price action post Q4 earnings. I find Rigetti's liquidity position strong, with $217M in reserves and a $250M commitment from Quanta, securing at least three to five years of R&D funding.

Read More
image for news Rigetti Computing: Why The Stock Is Dropping Despite A Strong Earnings Call
Time to Buy the Dip? 3 Rare Signals Appear
OKLO, QQQ, RGTI, TSLA
Published: March 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Market corrections are inevitable and are often painful. However, savvy investors can take advantage of them and take calculated risks when a plethora of market extremes begin to appear.

Read More
image for news Time to Buy the Dip? 3 Rare Signals Appear
Rigetti Computing Announces Strategic Collaboration Agreement with Quanta Computer to Accelerate Development and Commercialization of Superconducting Quantum Computing
RGTI
Published: February 27, 2025 by: GlobeNewsWire
Sentiment: Neutral

BERKELEY, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has entered into a strategic collaboration agreement with Quanta Computer Inc., (“Quanta”, TWSE: 2382.TW) a Taiwan-based Global Fortune 500 company and the global leader of computer server manufacturing, to accelerate the development and commercialization of superconducting quantum computing.

Read More
image for news Rigetti Computing Announces Strategic Collaboration Agreement with Quanta Computer to Accelerate Development and Commercialization of Superconducting Quantum Computing
7 Quantum Computing Stocks That Could Supercharge Your Portfolio
GOOG, GOOGL, IBM, IONQ, MSFT, NVDA, QBTS, RGTI
Published: February 25, 2025 by: The Motley Fool
Sentiment: Positive

Imagine computers so powerful they can solve problems in seconds that would take today's fastest supercomputers thousands of years to crack. This is the promise of quantum computing, a revolutionary technology that harnesses the strange properties of subatomic particles to process information in entirely new ways.

Read More
image for news 7 Quantum Computing Stocks That Could Supercharge Your Portfolio
Quantum computing stocks are surging again after Microsoft unveiled its Majorana 1 quantum chip
IONQ, MSFT, QBTS, QUBT, RGTI
Published: February 20, 2025 by: Fast Company
Sentiment: Positive

The stock prices of quantum computing companies are surging in premarket trading this morning after Microsoft unveiled a new type of quantum computing chip yesterday, the Majorana 1. Here's what you need to know about Microsoft's breakthrough and its impact on the stock prices of quantum computing companies.

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image for news Quantum computing stocks are surging again after Microsoft unveiled its Majorana 1 quantum chip

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.