RGTI Stock Price Today (May 2026) — Rigetti Computing, Inc. Analysis & Key Metrics 2026-05-22
Rigetti Computing, Inc. (RGTI) is trading at $26.42, up 19.87% today (as of May 2026). The stock continues to show sustained strength above key moving averages, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $30.58 (15.7% upside).
- Volatility remains elevated (139.00% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (-17.90% YoY) alongside significant competitive pressures.
RGTI Stock Analysis: Key Metrics & Valuation (May 2026)
Concise, actionable data for investors
Rigetti Computing, Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $5.38B
P/E Ratio
Forward P/E: -96.63
Revenue Growth
Year over Year
Analyst Target
+15.7% upside potential
Key Investor Questions About RGTI
What investors need to know before buying
Based on current market data, RGTI presents a overbought technical setup with challenging fundamentals.
- Technicals say: Overbought (RSI 74.09)
- Fundamentals say: Challenging (declining revenue trends)
RGTI's growth trajectory depends on its ability to expand within the Computer Hardware sector while managing margin pressures.
- Future growth will depend on performance in core Computer Hardware operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for RGTI investors include debt exposure and competitive dynamics in the Computer Hardware industry.
- $7.17M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Computer Hardware.
52-Week Trading Range
Over the past year, RGTI stock traded between $9.14 and $58.15—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 139.00% annualized volatility and β=1.83, the stock exhibits high sensitivity to market moves—making RGTI suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
Rigetti Computing (RGTI) Soars 19.9% on $100M Govt Funding
Rigetti Computing Inc. (NASDAQ:RGTI) is one of the 10 Stocks Effortlessly Climbing Double-Digits. Rigetti Computing rallied for a third consecutive day on Friday, climbing 19.87 percent to close at $26.42 apiece, as investors took heart from its $100-million financial backing from the US government. Earlier in the week, the Department of Commerce announced that it […]
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Rigetti Weighs CHIPS Act Funding Windfall Against Shareholder Dilution Risk
Rigetti Computing (NasdaqCM:RGTI) has signed a letter of intent with the U.S. Department of Commerce for up to US$100 million in CHIPS Act funding. The funding is intended to support superconducting quantum computing development over multiple years. As part of the arrangement, the U.S. government is expected to receive an equity stake in Rigetti. Rigetti focuses on superconducting quantum computers and related software, aiming to make quantum hardware usable through cloud and hybrid quantum...
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Rigetti Computing stock has been on a hot streak following some recent good news.
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Frequently Asked Questions
Common investor questions about Rigetti Computing, Inc.
Rigetti Computing, Inc. (RGTI) is currently trading at $26.42. The RSI (14-day) is at 74.1, indicating overbought territory (potentially overheated). Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $30.58 implies 15.7% upside from current levels. Volatility is high at 139.0% 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 -96.63. Price-to-Book is 10.61. Price-to-Sales is 820.55. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.
Based on 12 analysts covering RGTI, the consensus price target is $30.58. This represents a 15.7% upside from the current price of $26.42. The range spans from a low target of $15.91 to a high target of $43.00, 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 (139.0% 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 (-17.9% YoY), indicating potential business headwinds. 4. Elevated short interest (14.6% 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 $7.17M. The debt-to-equity ratio is 1.31, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 37.42, indicating strong short-term liquidity. The quick ratio is 36.96. The company holds $443.51M in cash and equivalents. Free cash flow is negative at $-42,190,500, which could limit the company's ability to manage debt obligations.