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RGTI Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
17.930
Open
17.905
VWAP
16.86
Vol
31.10M
Mkt Cap
5.52B
Low
16.020
Amount
524.17M
EV/EBITDA(TTM)
--
Total Shares
332.40M
EV
5.11B
EV/OCF(TTM)
--
P/S(TTM)
534.87
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
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Events Timeline

(ET)
2026-05-12
09:00:00
Nasdaq Under Pressure as Semiconductor Stocks Pull Back
select
2026-05-11 (ET)
2026-05-11
19:40:00
Energy and Basic Materials Propel S&P 500 to Record Highs
select
2026-05-11
16:20:00
Rigetti Reports Q1 Revenue of $4.4M, Exceeds Expectations
select
2026-05-11
14:30:00
Hims & Hers, GoPro, Rigetti Computing, and ZoomInfo to Report Earnings
select
2026-05-06 (ET)
2026-05-06
12:50:00
Rigetti Computing Shares Up 7.03% to $19.55
select
2026-04-22 (ET)
2026-04-22
16:00:00
Infleqtion Secures $2M DARPA Contract
select
2026-04-21 (ET)
2026-04-21
10:50:00
Rigetti Computing Shares Down, Mixed Options Sentiment
select

News

Fool
8.5
05-18Fool
Quantinuum's IPO Marks a Pivotal Moment in Quantum Computing
  • Company Background: Quantinuum was formed in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing, with major backing from Honeywell and blue-chip investors like Nvidia and JPMorgan, highlighting its strong support in the quantum computing sector.
  • Technological Edge: Utilizing trapped-ion quantum computers, Quantinuum employs lasers to suspend individual atoms, yielding qubits with exceptionally high fidelity and long coherence times, and this full-stack approach enhances error correction compared to Rigetti Computing's superconducting qubits.
  • Financial Performance: In 2025, Quantinuum generated $30.9 million in revenue, a 35% year-over-year increase, yet net losses widened to $192.6 million, reflecting substantial investments in R&D and marketing, indicating that commercialized quantum AI solutions are still in development.
  • IPO Outlook: Market speculation suggests Quantinuum's IPO could value the company near $20 billion, double its $10 billion valuation from a September 2025 funding round, and despite its poor financial profile, the IPO could serve as a catalyst for the entire quantum ecosystem.
Yahoo Finance
2.0
05-15Yahoo Finance
Quantum Computing Stocks Experience Collective Decline
  • Revenue Surge: IonQ's CEO reported a staggering 755% year-over-year revenue increase to $64.67 million in Q1, despite a 9% stock drop, indicating strong growth potential in the quantum computing sector.
  • Market Volatility: Quantum Computing stocks saw a collective decline, with Quantum Computing Inc. and D-Wave Quantum down 9% and 7% respectively, reflecting a risk-off sentiment in the market despite no significant changes in fundamentals.
  • Strong Cash Position: D-Wave and Rigetti hold $588.4 million and $569 million in cash with no debt, showcasing their financial stability in the current market environment, which may support future investments and expansions.
  • Investor Focus: With D-Wave's Investor Day scheduled for June 1 at the NYSE, the market will closely monitor the stability of these stocks, particularly whether IonQ can maintain support above $50, which will indicate shifts in market sentiment.
Fool
8.5
05-15Fool
Investor Interest Grows in Quantum Computing Market
  • Stock Performance: Rigetti Computing's stock has surged nearly 70% over the past year, while IonQ's stock has also risen over 70%, indicating strong investor interest in the quantum computing market, although both companies remain unprofitable and richly valued.
  • Technology Comparison: Rigetti accelerates electrons in superconducting loops to achieve quantum states, while IonQ manipulates ions with lasers; despite IonQ's higher manufacturing costs, its ability to operate at room temperature makes it easier to maintain.
  • Revenue Projections: Analysts expect Rigetti's revenue to soar from $7 million to $100 million between 2025 and 2028, driven by sales of its Novera 9-qubit QPUs, while IonQ's revenue is projected to rise from $130 million to $638 million, fueled by an influx of government contracts.
  • Market Outlook: The quantum computing market is expected to expand at a 31.6% CAGR from 2026 to 2034; although both Rigetti and IonQ are speculative stocks, IonQ is viewed as a more attractive investment due to its higher revenues and innovative technology.
Fool
9.5
05-14Fool
Rigetti Computing's Q1 Revenue Surges but Stock Price Falls
  • Revenue Surge: Rigetti Computing reported a Q1 revenue of $4.4 million, tripling from the previous quarter and exceeding the analyst consensus of $4.09 million, primarily driven by the sale of its Novera quantum processing unit to the University of Saskatchewan, indicating a growing market demand for quantum computing solutions.
  • Margins and Expenses: While gross margins improved slightly to 31%, operating expenses surged by 24% to $7.3 million, leading to an adjusted EPS loss of $0.04, which, although better than last year's loss of $0.06, still raises concerns about the company's profitability amidst rising costs.
  • Technological Advances and Challenges: The launch of the Cepheus-1-108Q quantum system, touted as the world's largest modular quantum computing system, achieved a 2-qubit fidelity of 99.1%, yet it falls short of the 99.5% target and lags behind competitors like IonQ, which boasts a 99.99% fidelity, highlighting ongoing accuracy challenges that could impact future competitiveness.
  • Market Outlook and Valuation: Despite Rigetti's market capitalization exceeding $6 billion, analysts project revenues of less than $24 million by 2026, making the current valuation appear unreasonable given the company's fidelity issues, suggesting that investors should approach the stock with caution.
Fool
9.5
05-14Fool
Rigetti Computing Faces Significant Challenges Amidst Quantum Hype
  • Poor Financial Performance: Rigetti Computing generated approximately $7.1 million in revenue in 2025, a slight decline from the previous year, while net losses exceeded $216 million, indicating that its financial health is difficult to defend under any conventional valuation framework.
  • Valuation Risks: With a price-to-sales (P/S) ratio of 607, Rigetti's market valuation of $6.2 billion reflects expectations for future revenue that are severely disconnected from current performance, lacking near-term evidence to support this outlook.
  • Insider Selling: CEO Subodh Kulkarni sold roughly 1 million shares near the stock's peak for about $11 million, suggesting a potential disconnect between the frothy valuation and underlying fundamentals, raising concerns among investors.
  • Ongoing Losses and Liquidity: Despite burning through nearly $100 million annually, Rigetti maintains a liquidity position of approximately $570 million with no significant debt, providing several years of runway, yet failing to validate its struggling business model.
Globenewswire
8.5
05-14Globenewswire
Quantum Secure Encryption Corp. Launches QPA v2 Platform for Post-Quantum Migration
  • Platform Launch: Quantum Secure Encryption Corp. officially launched QPA v2 on March 31, 2026, marking a significant advancement in supporting organizations transitioning to quantum-resilient security architectures, which is expected to enhance market competitiveness.
  • Feature Innovation: QPA v2 transforms traditional manual assessment processes into a structured, data-driven workflow with real-time visibility into quantum readiness and migration progress through the introduction of a PQC Planning Wizard, AI-enhanced assessment modules, and a centralized executive dashboard, thereby improving enterprise security and compliance.
  • Market Demand: With NIST standards and regulatory deadlines approaching, all custom and legacy applications must migrate by 2030, positioning QSE's QPA v2 platform to meet the urgent needs of enterprises in quantum security migration, presenting a substantial market opportunity.
  • Global Expansion: QSE expanded its footprint to 13 countries in Q1 2026 and engaged in several international cybersecurity and post-quantum security conferences, enhancing interactions with global industry, government, and enterprise stakeholders, further solidifying its market position.
Wall Street analysts forecast RGTI stock price to rise
10 Analyst Rating
Wall Street analysts forecast RGTI stock price to rise
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
30.00
Averages
39.75
High
51.00
Current: 0.000
sliders
Low
30.00
Averages
39.75
High
51.00
Mizuho
Vijay Rakesh
Outperform
downgrade
$33 -> $27
AI Analysis
2026-05-12
Reason
Mizuho
Vijay Rakesh
Price Target
$33 -> $27
AI Analysis
2026-05-12
downgrade
Outperform
Reason
Mizuho analyst Vijay Rakesh lowered the firm's price target on Rigetti Computing to $27 from $33 and keeps an Outperform rating on the shares.
Northland
Nehal Chokshi
initiated
$20
2026-04-20
Reason
Northland
Nehal Chokshi
Price Target
$20
2026-04-20
initiated
Reason
Northland analyst Nehal Chokshi initiated coverage of Rigetti Computing with a Market Perform rating and $20 price target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RGTI
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Valuation Metrics

The current forward P/E ratio for Rigetti Computing Inc (RGTI.O) is 0.00, compared to its 5-year average forward P/E of -30.61. For a more detailed relative valuation and DCF analysis to assess Rigetti Computing Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-30.61
Current PE
0.00
Overvalued PE
26.93
Undervalued PE
-88.16

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-23.44
Current EV/EBITDA
-21.59
Overvalued EV/EBITDA
23.35
Undervalued EV/EBITDA
-70.23

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
104.38
Current PS
123.87
Overvalued PS
284.84
Undervalued PS
-76.08

Financials

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+43.83%
3M Return
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+24.32%
3M Return
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Frequently Asked Questions

What is Rigetti Computing Inc (RGTI) stock price today?

The current price of RGTI is 16.62 USD — it has decreased -6.89

What is Rigetti Computing Inc (RGTI)'s business?

Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company’s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private or hybrid cloud. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.

What is the price predicton of RGTI Stock?

Wall Street analysts forecast RGTI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGTI is39.75 USD with a low forecast of 30.00 USD and a high forecast of 51.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Rigetti Computing Inc (RGTI)'s revenue for the last quarter?

Rigetti Computing Inc revenue for the last quarter amounts to 4.40M USD, increased 198.91

What is Rigetti Computing Inc (RGTI)'s earnings per share (EPS) for the last quarter?

Rigetti Computing Inc. EPS for the last quarter amounts to -0.06 USD, decreased -146.15

How many employees does Rigetti Computing Inc (RGTI). have?

Rigetti Computing Inc (RGTI) has 162 emplpoyees as of May 19 2026.

What is Rigetti Computing Inc (RGTI) market cap?

Today RGTI has the market capitalization of 5.52B USD.