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Rigetti Computing, Inc.

RGTI

Last
$14.07
Day
-0.5%
1y
-70.0%
5y
+44.7%
52w
-75.7%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0930d
EMA 21
15.38
EMA 50
15.98
EMA 200
17.88
20d high
-19.9%
5y high
-75.7%
5y range
24th
Website · 162 employees · United States

Positions held

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Score
-27
Hold
avoid
Signal
Strong Sell
Target
$15.63
Stop
$12.90
Stop distance
8.3%
Target vs last
+11.1%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Rigetti Computing is positioned in the rapidly growing quantum computing industry, which is expected to revolutionize various sectors including finance, healthcare, and logistics.
  • Revenue increased by 17% compared to the prior quarter, reaching $5.1 million.
  • Gross margin improved to 42.6%, up from 31.3% in the previous quarter.
Bear case
  • The company's current financials reflect significant operational challenges, with a negative operating margin indicating ongoing losses.
  • Operating margin expanded to -546.2%, highlighting worsening profitability.
  • The overall score indicates a 'Strong Sell' with a score of -33.00, reflecting negative market sentiment.

Fundamentals

Market cap$4.72BEnterprise value$4.33BTrailing P/E—Forward P/E-68.64
PEG—Price / book8.78Beta2.03Dividend yield0.00%
Revenue growth1.9%Earnings growth—Gross margin34.6%Operating margin-5.5%
Profit margin0.0%ROE-43.8%ROA-9.5%Debt / equity0.01
Current ratio3.94Free cash flow$26.45MAnalyst recommendationbuyMean target$28.53
52w high$58.1552w low$12.53

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$5.1M$4.4M$1.9M$1.9M$1.8M—
Op margin-546.2%-589.8%-1209.7%-1055.4%-1103.9%—
Net income-$52.6M$33.1M-$18.2M-$201M-$39.7M—
Gross margin42.6%31.3%34.9%20.7%31.4%—
Gross profit$2.2M$1.4M$0.7M$0.4M$0.6M—
Operating income-$28.1M-$26.0M-$22.6M-$20.5M-$19.9M—
  • Revenue +17% vs prior quarter ($5.1M vs $4.4M).
  • Gross margin 42.6% (was 31.3% prior quarter).
  • Operating margin expanded to -546.2%.

Yearly (6y)

2025202420232022
Revenue$7.1M$10.8M$12.0M$13.1M
Op margin-1194.4%-634.9%-593.8%-791.5%
Net income-$216M-$201M-$75.1M-$71.5M
Gross margin29.1%52.8%76.7%78.1%
Gross profit$2.1M$5.7M$9.2M$10.2M
Operating income-$84.7M-$68.5M-$71.3M-$104M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

RGTI · daily-14.4% over 13 sessions
Close EMA21 EMA50 EMA200
13.5414.6215.7016.7817.862026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$201M-$142M-$84M-$25M$33M-1210%-584%43%2025-Q22025-Q32025-Q42026-Q12026-Q2