Rigetti Computing, Inc.(RGTI)NASDAQ
Stock Overview & Analysis
Rigetti Computing, Inc. (RGTI) quick overview 2026-02-20
- The stock is currently trading at $15.92, experiencing a short-term pullback within a declining trend—trading below its 50-day average while below the 200-day.
- Analysts appear optimistic, with a 1-year price target of $38.85 (144.0% upside).
- Volatility is elevated (93.28% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (-18.10% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
Rigetti Computing, Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $4.90B
P/E Ratio
Forward P/E: -108.40
Revenue Growth
Year over Year
Analyst Target
+144.0% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 37.59)
- Fundamentals say: Challenging (declining revenue trends)
- Future growth will depend on performance in core Computer Hardware operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $7.60M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Computer Hardware.
Trading Range
Over the past year, the stock traded between $6.86 and $58.15—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 93.28% annualized volatility and β=1.70, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment
Latest News
Recent headlines and coverage
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Rigetti Computing, Inc. (RGTI) Gains As Market Dips: What You Should Know
In the closing of the recent trading day, Rigetti Computing, Inc. (RGTI) stood at $16.6, denoting a +2.6% move from the preceding trading day.
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Rigetti Quantum Order From India Sparks Questions On Valuation And Execution
Rigetti Computing secured an $8.4 million order from India's Centre for Development of Advanced Computing to deliver a 108 qubit quantum computer. The company updated its product roadmap, including a delay in general availability of its 108 qubit Cepheus 1 108Q system and plans for larger quantum systems. Rigetti Computing, listed as NasdaqCM:RGTI, is drawing fresh attention after this cross border order and product update. The stock closed at $16.18, with a 46.7% return over the past year...
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Frequently Asked Questions
Common investor questions about Rigetti Computing, Inc.
Rigetti Computing, Inc. (RGTI) is currently trading at $15.92. The RSI (14-day) is at 37.6, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $38.85 implies 144.0% upside from current levels. Volatility is high at 93.3% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Rigetti Computing, Inc. (RGTI): The trailing P/E ratio is not available (the company may not be profitable). The forward P/E is -108.40. Price-to-Book is 14.23. Price-to-Sales is 716.07. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.
Based on 11 analysts covering RGTI, the consensus price target is $38.85. This represents a 144.0% upside from the current price of $15.92. The range spans from a low target of $24.36 to a high target of $51.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Rigetti Computing, Inc. (RGTI) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for Rigetti Computing, Inc. (RGTI) investors include: 1. High volatility (93.3% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Declining revenue (-18.1% YoY), indicating potential business headwinds. 4. Elevated short interest (13.8% of float) suggests significant bearish sentiment. 5. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 6. Computer Hardware sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Rigetti Computing, Inc.'s (RGTI) current debt and financial health profile: Total debt stands at $7.60M. The debt-to-equity ratio is 2.04, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 39.22, indicating strong short-term liquidity. The quick ratio is 38.62. The company holds $446.98M in cash and equivalents. Free cash flow is negative at $-39,649,876, which could limit the company's ability to manage debt obligations.