RGTIRigetti Computing shows strong potential in the quantum computing space, benefiting from thematic tailwinds. However, current financial performance indicates significant unprofitability and high cash burn, while technical indicators suggest caution due to recent price volatility. Investors should closely monitor progress in commercialization and profitability.
Rigetti Computing is at the forefront of the burgeoning quantum computing industry, a sector with immense long-term growth potential driven by advancements in AI, drug discovery, materials science, and complex problem-solving.
Rigetti Computing's fundamentals are currently challenged by significant operating losses and negative earnings. While revenue is growing, it is not yet sufficient to cover costs, resulting in a high cash burn rate. The company holds substantial cash reserves to fund operations, but profitability remains a long-term goal.
Rigetti Computing's stock price has experienced significant volatility. While there have been periods of strong upward momentum, the current trend and technical indicators suggest a more cautious outlook, with potential for further downside in the short term.
| Factor | Score |
|---|---|
| Quantum Computing Market Growth | 95 |
| Technological Innovation | 90 |
| Partnerships & Collaborations | 80 |
| AI Integration Synergies | 85 |
| Regulatory & Geopolitical Landscape | 75 |
| Factor | Score |
|---|---|
| Valuation | 10 |
| Profitability | 5 |
| Growth | 60 |
| Balance Sheet Health | 70 |
| Cash Flow | 15 |
| Factor | Score |
|---|---|
| Trend Analysis | 40 |
| Momentum | 55 |
| Volume Confirmation | 50 |
| Support & Resistance | 40 |
| Short-Term Oscillators | 45 |
Strong Short-Term Performance
The stock has shown significant positive performance over the last 1 month (+43.56%) and 6 months (+28.11%).
Potentially Undervalued based on 52-week Range
The current price of $15.95 is closer to the lower end of its 52-week range ($0.66-$21.42), suggesting potential for appreciation.
Negative Earnings and Net Margin
The company has a negative EPS TT M of -0.8 and consistently negative net margins across all reported periods (e.g., -1862.7% in 2024Q4), indicating significant unprofitability.
Declining Revenue
Revenue has shown a declining trend from 2022Q4 ($13.102M) to 2024Q4 ($10.790M), signaling potential challenges in market adoption or sales.
August 2025
13
Next Earnings Date
H: $-0.03
A: $-0.04
L: $-0.05
H: 2.50M
A: 1.87M
L: 1.50M
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum processing unit under the Novera QPU trade name; 84-qubit Ankaa-3 system under the name Novera QPU; and sells access to its quantum computers through QCaaS. In addition, the company offers quantum cloud services that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.
15.83 USD
The 39 analysts offering 1 year price forecasts for RGTI have a max estimate of 19.00 and a min estimate of 14.00.