(RGTI) Rigetti Computing - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US76655K1034

Stock:

Total Rating 35
Risk 36
Buy Signal -1.34
Risk 5d forecast
Volatility 105%
Relative Tail Risk -13.5%
Reward TTM
Sharpe Ratio 1.19
Alpha 51.64
Character TTM
Beta 2.530
Beta Downside 1.667
Drawdowns 3y
Max DD 78.83%
CAGR/Max DD 2.31

EPS (Earnings per Share)

EPS (Earnings per Share) of RGTI over the last years for every Quarter: "2020-12": null, "2021-03": -0.03, "2021-06": -0.0567, "2021-09": 0.1082, "2021-12": -0.5619, "2022-03": -0.3286, "2022-06": -0.09, "2022-09": -0.16, "2022-12": -0.1876, "2023-03": -0.19, "2023-06": -0.13, "2023-09": -0.17, "2023-12": -0.0411, "2024-03": -0.14, "2024-06": -0.07, "2024-09": -0.0787, "2024-12": -0.68, "2025-03": -0.0759, "2025-06": -0.0536, "2025-09": -0.03, "2025-12": 0,

Revenue

Revenue of RGTI over the last years for every Quarter: 2020-12: 1.418435, 2021-03: 2.36, 2021-06: 1.54, 2021-09: 2.919, 2021-12: 1.377, 2022-03: 2.104, 2022-06: 2.134, 2022-09: 2.804, 2022-12: 6.06, 2023-03: 2.201, 2023-06: 3.327, 2023-09: 3.105, 2023-12: 3.376, 2024-03: 3.052, 2024-06: 3.086, 2024-09: 2.378, 2024-12: 2.274, 2025-03: 1.472, 2025-06: 1.801, 2025-09: 1.947, 2025-12: null,

Risks

Technicals: volatile

Description: RGTI Rigetti Computing

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.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -351.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.11 > 0.02 and ΔFCF/TA 31.17 > 1.0
NWC/Revenue: 5934 % < 20% (prev 693.0%; Δ 5241 % < -1%)
CFO/TA -0.08 > 3% & CFO -52.2m > Net Income -351.0m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 39.22 > 1.5 & < 3
Outstanding Shares: last quarter (325.0m) vs 12m ago 72.53% < -2%
Gross Margin: 32.23% > 18% (prev 0.34%; Δ 3189 % > 0.5%)
Asset Turnover: 1.90% > 50% (prev 7.56%; Δ -5.66% > 0%)
Interest Coverage Ratio: -885.6 > 6 (EBITDA TTM -387.4m / Interest Expense TTM 446.0k)

Altman Z'' -9.06

A: 0.71 (Total Current Assets 456.3m - Total Current Liabilities 11.6m) / Total Assets 630.3m
B: -1.19 (Retained Earnings -752.8m / Total Assets 630.3m)
C: -1.00 (EBIT TTM -395.0m / Avg Total Assets 393.8m)
D: -2.91 (Book Value of Equity -752.0m / Total Liabilities 258.4m)
Altman-Z'' Score: -9.06 = D

Beneish M 1.00

DSRI: 0.57 (Receivables 2.28m/6.38m, Revenue 7.49m/11.9m)
GMI: 1.04 (GM 32.23% / 33.50%)
AQI: 158.5 (AQ_t 0.18 / AQ_t-1 0.00)
SGI: 0.63 (Revenue 7.49m / 11.9m)
TATA: -0.47 (NI -351.0m - CFO -52.2m) / TA 630.3m)
Beneish M-Score: 89.31 (Cap -4..+1) = D

What is the price of RGTI shares?

As of March 03, 2026, the stock is trading at USD 17.42 with a total of 26,007,134 shares traded.
Over the past week, the price has changed by +8.74%, over one month by -1.64%, over three months by -25.71% and over the past year by +126.23%.

Is RGTI a buy, sell or hold?

Rigetti Computing has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy RGTI.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the RGTI price?

Issuer Target Up/Down from current
Wallstreet Target Price 38.9 123%
Analysts Target Price 38.9 123%

RGTI Fundamental Data Overview March 01, 2026

P/S = 767.1543
P/B = 16.5445
Revenue TTM = 7.49m USD
EBIT TTM = -395.0m USD
EBITDA TTM = -387.4m USD
Long Term Debt = 7.60m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.22m USD (from shortTermDebt, last quarter)
Debt = 7.60m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -18.5m USD (from netDebt column, last quarter)
Enterprise Value = 5.31b USD (5.75b + Debt 7.60m - CCE 447.0m)
Interest Coverage Ratio = -885.6 (Ebit TTM -395.0m / Interest Expense TTM 446.0k)
EV/FCF = -78.58x (Enterprise Value 5.31b / FCF TTM -67.6m)
FCF Yield = -1.27% (FCF TTM -67.6m / Enterprise Value 5.31b)
FCF Margin = -901.7% (FCF TTM -67.6m / Revenue TTM 7.49m)
Net Margin = -4683 % (Net Income TTM -351.0m / Revenue TTM 7.49m)
Gross Margin = 32.23% ((Revenue TTM 7.49m - Cost of Revenue TTM 5.08m) / Revenue TTM)
Gross Margin QoQ = 20.75% (prev 31.43%)
Tobins Q-Ratio = 8.42 (Enterprise Value 5.31b / Total Assets 630.3m)
Interest Expense / Debt = 5.87% (Interest Expense 446.0k / Debt 7.60m)
Taxrate = 21.0% (US default 21%)
NOPAT = -312.0m (EBIT -395.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 39.22 (Total Current Assets 456.3m / Total Current Liabilities 11.6m)
Debt / Equity = 0.02 (Debt 7.60m / totalStockholderEquity, last quarter 371.8m)
Debt / EBITDA = 0.05 (negative EBITDA) (Net Debt -18.5m / EBITDA -387.4m)
Debt / FCF = 0.27 (negative FCF - burning cash) (Net Debt -18.5m / FCF TTM -67.6m)
Total Stockholder Equity = 314.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -89.13% (Net Income -351.0m / Total Assets 630.3m)
RoE = -111.5% (Net Income TTM -351.0m / Total Stockholder Equity 314.7m)
RoCE = -122.6% (out of range, set to none) (EBIT -395.0m / Capital Employed (Equity 314.7m + L.T.Debt 7.60m))
RoIC = -99.16% (out of range, set to none) (NOPAT -312.0m / Invested Capital 314.7m)
WACC = 15.23% (E(5.75b)/V(5.76b) * Re(15.24%) + D(7.60m)/V(5.76b) * Rd(5.87%) * (1-Tc(0.21)))
Discount Rate = 15.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 34.67%
[DCF] Fair Price = unknown (Cash Flow -67.6m)
EPS Correlation: 23.44 | EPS CAGR: 18.78% | SUE: 0.15 | # QB: 0
Revenue Correlation: -7.96 | Revenue CAGR: 9.68% | SUE: -0.53 | # QB: 0
EPS next Year (2026-12-31): EPS=-0.15 | Chg7d=+0.000 | Chg30d=-0.010 | Revisions Net=+0 | Growth EPS=-3.5% | Growth Revenue=+177.8%

Additional Sources for RGTI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle