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Rigetti Computing, Inc. (RGTI)

11.25 -0.81 (-6.72%)
At close: October 30 at 4:00:00 PM EDT
11.47 +0.22 (+1.96%)
Overnight: 10:54:07 PM EST
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What's happening with RGTI?

1h ago
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Rigetti is approaching its November 10, 2026 earnings reportwith investors focused on revenue conversion, hardware deliveries, cash use, and progress toward higher-fidelity quantum systems. The company has substantial liquidity and government support, but its commercial scale remains far below leading peer IonQ, while technical execution and valuation remain central debates.

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  • Previous Close 12.06
  • Open 11.35
  • Bid 10.80 x 100
  • Ask 13.91 x 200
  • Day's Range 10.82 - 11.52
  • 52 Week Range 10.82 - 44.38
  • Volume 14,677,009
  • Avg. Volume 16,350,582
  • Market Cap (intraday) 3.755B
  • Beta (5Y Monthly) 2.03
  • PE Ratio (TTM) --
  • EPS (TTM) -0.80
  • Earnings Date Nov 10, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 28.52
  • Motley Fool Rating Bearish

Rigetti Computing, Inc., through its subsidiaries, builds and operates 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 to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

www.rigetti.com

162

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

RGTI
49.21%
S&P 500 (^GSPC)
10.73%

1-Year Return

RGTI
73.54%
S&P 500 (^GSPC)
11.11%

3-Year Return

RGTI
941.67%
S&P 500 (^GSPC)
81.91%

5-Year Return

RGTI
6.94%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 5.14M
Earnings -52.61M
Profit Margin -1,023.86%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

-200M
-150M
-100M
-50M
0
-10000.0%
-8000.0%
-6000.0%
-4000.0%
-2000.0%

Analyst Insights

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Analyst Price Targets

17.30
28.52 Average
11.25 Current
40.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/7/2026
Analyst Rosenblatt
Rating Action Maintains
Rating Buy
Price Action Maintains
Price Target 40 -> 40

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -9.45%

  • Return on Equity (ttm)

    -43.76%

  • Revenue (ttm)

    13.35M

  • Net Income Avi to Common (ttm)

    -238.67M

  • Diluted EPS (ttm)

    -0.80

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    393.71M

  • Total Debt/Equity (mrq)

    1.43%

  • Levered Free Cash Flow (ttm)

    26.45M

Company Insights

Research Reports

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