Rigetti Computing, Inc.

(NASDAQ Capital Market)

Top News rankings and signal summaries are processed using AI and may contain errors.

1
Bullish +55

Rigetti (RGTI) Q2 2026 Earnings Call Transcript - Currently.com

AI-generated analysis

Rigetti Computing reported second quarter 2026 financial results, highlighting significant revenue growth to approximately $5.1 million from $1.8 million in the prior year period. This increase was driven by on-premises Novera QPU sales and recognition of previously announced purchase orders, including an $8.4 million order...

Bullish Signals

  • Revenue grew significantly year-over-year to $5.1 million.
  • Gross margin improved to 43% from 31%.
  • Secured up to $100 million in U.S. government funding.
  • Cepheus-1-108Q maintains ~99.9% single qubit gate fidelity.
  • Strong balance sheet with $541 million in cash.

Bearish Signals

  • GAAP net loss hit $52.6 million due to warrant adjustments.
  • Non-GAAP net loss rose slightly to $16 million year-over-year.
  • U.S. Commerce funding is only a letter of intent, not final.
  • Commercial revenue remains early with mostly research deployments.
2
Somewhat Bullish +40

Why did Rigetti stock plunge over 8% on Tuesday?

AI partnership Commercial deployment Earnings report AI-generated analysis

Rigetti Technologies (NASDAQ: RGTI) shares plunged over 8% on Tuesday following the release of its mixed Q3 earnings report. While the company missed revenue expectations, posting $1.95 million against a forecast of $2.17 million, it delivered a significant beat on non-GAAP EPS, reporting a loss...

Bullish Signals

  • Beat EPS estimates by 40%, reporting a loss of $0.03.
  • Secured $5.7M orders for two 9-qubit systems delivering H1 2026.
  • Won $5.8M, three-year Air Force contract for quantum networking.
  • Integrated platform with NVIDIA NVQLink for AI and quantum computing.
  • Ended Q3 with $600M cash plus $46.5M from warrant exercises.

Bearish Signals

  • Missed Q3 revenue, pulling in $1.95M vs $2.17M consensus.
  • Investors skeptical if valuation exceeds early-stage fundamentals.
3
Slightly Bullish +20

Quantum Computing Stocks (IONQ, RGTI, QBTS, QUBT) Face Deeper Pain ...

AI-generated analysis

Quantum computing stocks, including Rigetti Computing (RGTI), IonQ (IONQ), D-Wave Quantum (QBTS), and Quantum Computing (QUBT), have experienced significant declines over the past month as investors withdrew capital from high-multiple, pre-profit technology names. Rigetti shares fell 30%, matching the drops seen in D-Wave and Quantum...

Bullish Signals

  • IonQ secured regulatory approval for SkyWater acquisition.
  • D-Wave expanded AT&T network operations usage.
  • $2B federal incentives signed for nine companies.
  • IonQ Q1 revenue hit $64.67M (up 755%).
  • D-Wave bookings surged 2,000% year over year.

Bearish Signals

  • Shares down 30% trailing month amid capital outflow.
  • IonQ faces -$310M to -$330M adjusted EBITDA losses.
  • D-Wave Q1 revenue fell 81% year over year.
  • Pure-plays absorb biggest losses when multiples contract.
  • IonQ has only 6.5% odds of beating next quarter.
4
Somewhat Bullish +35

Rigetti (RGTI) Stock Prediction: $40 Bull Case, $9 Bear Case

Export restrictions Government funding Quantum processor AI-generated analysis

The article analyzes Rigetti Computing (RGTI), noting that while Wall Street consensus targets range from $17.30 to $40, the stock closed at $15.95 in September 2026 with no analyst bear case published. The company holds $541.3m in cash against a $5.32bn market cap, resulting in...

Bullish Signals

  • Holds $541.3m cash for ~19 quarters of runway.
  • Secured $100m US Commerce agreement validating quantum priority.
  • Chiplet architecture solves yield penalties per Intel roadmap.
  • Listed on Amazon, Azure, and qBraid platforms.
  • Materials fix may boost coherence time 2-3x.

Bearish Signals

  • Valuation at 398x revenue prices stock as future option.
  • Net loss of $238.67m with Q2 burn of $28.1m.
  • Two-qubit fidelity capped at 99.1% limits performance.
  • Stock down 71.7% from high, de-rated to $12.90.
5
Somewhat Bullish +45

Rigetti Computing Stock Soars As Defense Contracts Fuel Long Term Quantum Growth - TIKR.com

AI-generated analysis

Rigetti Computing (RGTI) shares rallied following a wave of positive developments, including a letter of intent with the U.S. Department of Commerce for up to $100 million in CHIPS Act funding to support R&D on its superconducting quantum chips. Simultaneously, the company announced a strategic...

Bullish Signals

  • Secured $100M CHIPS Act funding for quantum chip R&D.

Bearish Signals

  • GAAP net loss widened to $52.6M.
  • Revenue from research breakthroughs remains limited.
6
Somewhat Bullish +45

Rigetti Computing (NASDAQ:RGTI) Research Coverage Started at Benchmark

AI-generated analysis

Benchmark initiated research coverage on Rigetti Computing (NASDAQ:RGTI) with a Buy rating and a $25.00 price target. This follows a series of recent analyst actions, including reiterated Buy ratings from Needham ($31.00 target) and Rosenblatt ($40.00 target), alongside mixed signals from Weiss Ratings and Northland...

Bullish Signals

  • Benchmark initiated Buy with $25.00 target.
  • Needham reiterated Buy with $31.00 objective.
  • Rosenblatt reissued Buy with $40.00 target.
  • $4.40M revenue beat consensus by $0.31M.
  • Revenue grew 198.9% year-over-year explosively.
  • EPS of ($0.04) beat negative consensus.
  • Vanguard increased holdings by 12.2% in Q4.
  • Victory Capital surged position by 1,632.5%.
  • Institutional ownership stands at 35.38%.

Bearish Signals

  • Negative net margin of -2,789.71%.
  • Negative return on equity at -10.40%.
  • Analysts forecast -$0.22 EPS for current year.
  • Insiders sold 728,901 shares worth $17.5M.
  • Weiss Ratings maintains a Sell rating.
7
Somewhat Bullish +35

Rigetti Computing Stock (RGTI) Opinions on Quantum Processor Launch and Insider Activity - Quiver Quantitative

AI-generated analysis

Rigetti Computing (RGTI) recently launched a new 336-qubit quantum processor, drawing significant social media attention regarding its push toward quantum advantage despite ongoing infrastructure challenges. The company reported Q1 2026 revenues of $4.4 million, representing a substantial 198.91% year-over-year increase. Insider trading activity has been...

Bullish Signals

  • Revenue up nearly 200% to $4.4 million.
  • Two Sigma accumulation surged +5318.8%.
  • Median price target set at $33.00.
  • Launched significant 336-qubit system.

Bearish Signals

  • Insiders sold over $21M in past six months.
  • D.E. Shaw cut holdings by 72.4% ($204M).
  • Ongoing infrastructure challenges may delay quantum advantage.
8
Bullish +65

Trump’s 2 New Quantum Computing Orders Reignite the Next AI-Style Investing Boom

AI-generated analysis

President Trump signed two executive orders aimed at accelerating quantum computing development and preparing federal agencies for potential encryption vulnerabilities, signaling a renewed national priority for the sector. These directives coincide with significant Commerce Department funding and a separate $2 billion federal investment initiative distributed...

Bullish Signals

  • RGTI gains 2% alongside IBM and IonQ.
  • Trump orders federal quantum deployment by 2028.
  • $2B federal investment spread across nine stocks.
  • IBM generated $69B revenue and remains profitable.
  • IonQ leads pure-play firms with strong partnerships.

Bearish Signals

  • Many quantum stocks remain speculative with limited revenue and losses.
  • Most quantum companies are years away from consistent profitability.
  • Corgi Quantum ETF down 2% premarket amid portfolio dilution.
  • Quantum computing faces significant uncertainty before achieving commercial viability.
9
Bearish -60

IonQ Falls 8% as Quantum Computing Stocks Slide; Rigetti Drops 6%, D-Wave Declines 4%

Earnings report Guidance raised AI-generated analysis

Rigetti Computing (RGTI) shares fell 6% in early trading alongside other quantum computing stocks as the sector faced a broad pullback driven by profit-taking and pressure on AI-adjacent names following NVIDIA's recent fallout. Rigetti's stock is down 54% year-to-date, reflecting continued volatility in the high-beta...

Bullish Signals

  • Maintained full-year 2026 revenue outlook of ~$20M despite missing Q3.
  • Anticipates C-DAC system customer acceptance in Q4 2026.

Bearish Signals

  • Q3 revenue fell 27.5% to $1.41M, missing $3.52M consensus.
  • Stock dropped 54% YTD amid investor sentiment weakness.
10
Bullish +55

Why Quantum Stocks D-Wave and Rigetti Are Falling Today β€” and What Wall Street Expects Next

Company update Government funding New contract AI-generated analysis

Quantum computing stocks D-Wave and Rigetti are experiencing a sell-off, with Rigetti Computing (NASDAQ:RGTI) falling 3% as investors weigh upcoming earnings. While D-Wave reported third-quarter revenue growth of 21% to $4.5 million, concerns over widening operating losses and deteriorating gross margins have dampened sentiment, causing...

Bullish Signals

  • Secured $100M CHIPS Act funding for quantum computing.
  • Received $8.4M order for 108-qubit computer from India.
  • Advancing roadmap with proprietary chiplet architecture.
  • Analysts maintain Strong Buy consensus rating.

Bearish Signals

  • Expected Q3 operating loss of $0.06 per share.
  • Investors cautious on revenue growth from tech milestones.
11
Bullish +65

Rigetti (RGTI) Stock Jumps 19% Ahead of Earnings. Can the Rally Continue?

Earnings report New AI features AI-generated analysis

Rigetti Computing (RGTI) shares surged 19.29% to close at $11.75 ahead of its third-quarter 2026 earnings report scheduled for Tuesday, November 10. Despite the recent rally, the stock remains down nearly 47% year-to-date. Analysts expect Rigetti to report a loss of $0.05 per share compared...

Bullish Signals

  • Shares surged 19.29% to $11.75 ahead of earnings.

Bearish Signals

  • Expected Q3 loss widens to $52.6M from prior quarter.
  • Operating expenses rose 49% YoY to $30.3M in Q2.
  • Rising costs pressure stock despite 183% revenue growth.
12
Somewhat Bearish -35

How Much Could You Lose In Rigetti Computing Stock?

Company update Government funding New contract AI-generated analysis

Shares of Rigetti Computing (RGTI) declined 32.5% to close at $9.85 by November 5, 2026, marking its lowest annual close. The stock has historically underperformed the S&P 500 and quantum peers during market sell-offs, averaging a 52.2% drop compared to a 12.1% decline for the...

Bullish Signals

  • Revenue surged 68.5% YoY to $13.4M by June 2026.
  • Secured $100M funding award from U.S. Dept of Commerce.
  • Holds $541.3M cash with zero debt on balance sheet.
  • Major $8.4M India order exceeds entire Q2 revenue.

Bearish Signals

  • Gross margins compressed to 34.6% from 81.3% three years ago.
  • Negative free cash flow of $87.6 million in twelve months ended June 2026.
  • Operating expenses rose sharply to $30.3 million in Q2 2026.
  • Equity issuance for funding award will nearly double share count.
  • Capital spending in 2026 may impact near-term cash flow.
13
Somewhat Bearish -25

Rigetti and D-Wave Just Dropped 11% and 15% in a Week ... - Yahoo Finance

Analyst downgrade Company update AI-generated analysis

Rigetti Computing (RGTI) shares fell 11% over a week, driven by a broader tech selloff and analyst price-target cuts rather than company-specific negative news. The stock dropped alongside peers like D-Wave Quantum as the Nasdaq entered correction territory following weak outlooks from Intel and Amazon...

Bullish Signals

  • Holds $541.3M cash with no borrowings for stability.
  • Revenue expected to triple to $23.3M this year.

Bearish Signals

  • Shares dropped 11% amid tech selloff and analyst cuts.
  • Revenue relies on India C-DAC system acceptance.
14
Somewhat Bearish -25

Rigetti Computing (NASDAQ: RGTI) stock price forecast after a 75% ...

Financial outlook Government funding Quantum processor AI-generated analysis

Rigetti Computing (NASDAQ: RGTI) shares declined approximately 10% to $10.86 on October 30, 2026, extending a broader correction where the stock has lost over 75% of its value from its 52-week high. This significant price drop reflects a sharp reversal in investor sentiment toward speculative...

Bullish Signals

  • Revenue hit $13.4M, up 68.5% from Novera QPU sales.
  • Secured up to $100M CHIPS Act funding for research.
  • Won $8.4M order from India exceeding Q2 revenue.
  • Holds $394M cash against only $7.7M debt.
  • 108-qubit system achieved 99.1% two-qubit gate fidelity.

Bearish Signals

  • Shares down 75% from 52-week high.
  • Operating losses rose to $97.2M.
  • Valuation multiple contracted significantly.
  • Government funding delayed, limiting liquidity.
  • Scaling systems remains a major challenge.
15
Somewhat Bearish -35

Why Is Rigetti Computing Stock Falling? - Trefis

Company update Government funding Product launch AI-generated analysis

Rigetti Computing (RGTI) stock fell 68.2% year-to-date through October 22, 2026, dropping its price-to-sales multiple from 1,292x to 286.5x despite a 68.5% revenue increase to $13.4 million for the twelve months ended June 2026. The decline reflects a market repricing of the company's valuation rather...

Bullish Signals

  • Revenue grew 68.5% YoY to $13.4M.
  • Secured $100M funding from U.S. Commerce Dept.
  • Holds $8.4M India order for 108-qubit system.
  • Strong balance sheet: $394M cash vs $7.7M debt.

Bearish Signals

  • Operating losses widened to $97.2 million for twelve months ended June 2026.
16
Somewhat Bearish -25

Rigetti Computing (NASDAQ: RGTI) Stock Drops 21% In A Month As Quantum Sector Faces Commercialization Pressure

Company update Government funding New data center AI-generated analysis

Rigetti Computing (NASDAQ: RGTI) shares fell 21% over the past month as investor anxiety grew regarding the commercialization pace of the quantum computing sector. While the broader market and S&P 500 posted gains, Rigetti's stock underperformed peers like D-Wave Quantum and Quantum Computing Inc., reflecting...

Bullish Signals

  • Holds $541.3M cash with no debt.
  • Secured $100M CHIPS Act award.
  • Cepheus-1-108Q system exceeds 100 qubits.
  • Targets 1,000 qubits and 99.9% fidelity.
  • Partners with HPE for Novera integration.

Bearish Signals

  • Shares fell 21% amid quantum commercialization anxiety.
  • Expenses rose 48% to $30.3M, causing $28.1M loss.
  • Valuation high at P/B 7.84 vs 5.40 market avg.
  • Customers use systems for research, not commercial workloads.
  • Revenue unpredictable due to delivery and project timing.
17
Slightly Bullish +25

Rigetti Falls 21% in the Past Month: Hold or Fold the Stock Now?

Company update Government funding New discovery AI-generated analysis

Rigetti Computing's stock (RGTI) declined 21% over the past month, underperforming the broader market as investors grapple with commercialization uncertainty in the quantum sector. While peers like D-Wave and Quantum Computing Inc. also fell, Rigetti's specific weakness stems from widening operating losses despite a surge...

Bullish Signals

  • Strong balance sheet with $541.3M cash and no debt.

Bearish Signals

  • Operating losses widened to $28.1M as expenses rose 48% YoY.
  • Revenue depends on delivery timing, creating short-term unpredictability.
  • Customers use systems for research, delaying profitable workloads.
  • Challenges translating tech progress into consistent revenue growth.
18
Slightly Bearish -20

What Is Next For Rigetti Stock?

Commercial deployment Product launch AI-generated analysis

Rigetti Computing (RGTI) shares have declined 68% over the past year, trading at a valuation of approximately $4.7 billion despite recent losses. The market currently prices the stock at roughly 350 times trailing sales, significantly higher than the S&P 500's multiple of 3.1 times, suggesting...

Bullish Signals

  • Q2 2026 revenue reached $5.1M, up from $1.8M prior year.
  • Corporate and national labs drive demand for Novera quantum systems.
  • Secured $8.4M order from India's C-DAC for 108-qubit system.

Bearish Signals

  • Shares fell 68% in twelve months with $0.2B revenue loss.
  • Trades at 350x sales vs S&P 500's 3.1x, high valuation risk.
19
Somewhat Bullish +45

Rigetti Stock Price Prediction: $30 Bull vs $8 Bear Case

AI-generated analysis

Rigetti Computing (RGTI) recently finalized a significant equity agreement with the US Department of Commerce, issuing 7,739,938 shares at an implied price of $12.92 to raise up to $100 million. While the company received $43.9 million immediately, the remaining tranches are contingent on milestones met...

Bullish Signals

  • Secured $100M US Commerce award, $43.9M immediate for R&D.

Bearish Signals

  • Valuation at 400x revenue, double historical tech bubble multiples.
  • No commercial enterprise customers; relies on universities/gov programs.
  • Q2 operating loss of $28.1M exceeds current revenue.
20
Slightly Bearish -20

Rigetti Computing (RGTI) Stock Tests Investor Nerve As Market Shock ...

AI-generated analysis

Rigetti Computing (RGTI) shares are trading near $15, reflecting a significant divergence from the broader market as the stock has underperformed the S&P 500 despite recent operational progress. The company's valuation is currently driven by expectations of future quantum advantage rather than current business fundamentals,...

Bullish Signals

  • Q2 2026 revenue hit $5.1M, up from $1.8M prior year.
  • Secured $100M CHIPS Act award agreement in early September.
  • Cash balance of $541M supports development roadmap execution.
  • Delivers superconducting system with 100+ qubits alongside IBM and Google.

Bearish Signals

  • Stock trades 73% below its twelve-month high.
  • H1 2026 revenue was only $143,000.
  • Q2 expenses were six times revenue.
  • Systems lack quantum advantage for commercial use.
  • Historical drops average 52% during shocks.