(RGTI) Rigetti Computing - Overview

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

Stock: Quantum Computers, Processors, Cloud Services, Software,

Total Rating 26
Risk 31
Buy Signal -1.06
Risk 5d forecast
Volatility 85.9%
Relative Tail Risk -12.9%
Reward TTM
Sharpe Ratio 0.82
Alpha 45.52
Character TTM
Beta 1.867
Beta Downside 3.231
Drawdowns 3y
Max DD 78.83%
CAGR/Max DD 2.78

EPS (Earnings per Share)

EPS (Earnings per Share) of RGTI over the last years for every Quarter: "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": -0.03,

Revenue

Revenue of RGTI over the last years for every Quarter: 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: 1.868,

Risks

Technicals: volatile

Description: RGTI Rigetti Computing March 06, 2026

Rigetti Computing, Inc. (RGTI) develops quantum computers and superconducting quantum processors. It operates in the quantum computing sector, a nascent industry focused on advanced computational power.

The company provides Quantum Processing Units (QPUs) and quantum computing systems via a Quantum Computing as a Service (QCaaS) model. This cloud-based delivery allows customers to access quantum hardware without significant capital investment.

Rigetti offers specific QPU models, including the 9-qubit Novera and the 84-qubit Ankaa-3. Its services extend to quantum cloud services, supporting various programming and cloud integrations, and quantum operating system software.

Additionally, Rigetti provides professional services such as algorithm development and quantum application programming. Its client base includes commercial enterprises and government organizations.

For more detailed financial and operational insights, consider exploring ValueRays comprehensive analysis.

Headlines to watch out for

  • Government contracts drive QPU sales
  • Cloud quantum computing adoption impacts revenue
  • Research and development costs pressure margins
  • Global competition for quantum technology intensifies

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -216.2m TTM > 0 and > 6% of Revenue
FCF/TA: -0.12 > 0.02 and ΔFCF/TA 10.09 > 1.0
NWC/Revenue: 6.24k% < 20% (prev 1.81k%; Δ 4.44k% < -1%)
CFO/TA -0.09 > 3% & CFO -58.5m > Net Income -216.2m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 37.42 > 1.5 & < 3
Outstanding Shares: last quarter (309.8m) vs 12m ago 67.74% < -2%
Gross Margin: 29.12% > 18% (prev 0.36%; Δ 2.88k% > 0.5%)
Asset Turnover: 1.49% > 50% (prev 3.79%; Δ -2.30% > 0%)
Interest Coverage Ratio: -5.42 > 6 (EBITDA TTM -256.9m / Interest Expense TTM -48.9m)

Altman Z'' -9.88

A: 0.66 (Total Current Assets 454.8m - Total Current Liabilities 12.2m) / Total Assets 666.6m
B: -1.16 (Retained Earnings -771.0m / Total Assets 666.6m)
C: -0.56 (EBIT TTM -265.1m / Avg Total Assets 475.7m)
D: -6.40 (Book Value of Equity -769.9m / Total Liabilities 120.4m)
Altman-Z'' Score: -9.88 = D

Beneish M -1.91

DSRI: 1.60 (Receivables 2.55m/2.43m, Revenue 7.09m/10.8m)
GMI: 1.24 (GM 29.12% / 36.24%)
AQI: 2.50 (AQ_t 0.22 / AQ_t-1 0.09)
SGI: 0.66 (Revenue 7.09m / 10.8m)
TATA: -0.24 (NI -216.2m - CFO -58.5m) / TA 666.6m)
Beneish M-Score: -1.91 (Cap -4..+1) = B

What is the price of RGTI shares?

As of March 17, 2026, the stock is trading at USD 16.14 with a total of 28,842,580 shares traded.
Over the past week, the price has changed by -8.30%, over one month by +3.53%, over three months by -32.64% and over the past year by +44.62%.

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 33.2 105.8%
Analysts Target Price 33.2 105.8%

RGTI Fundamental Data Overview March 17, 2026

P/S = 757.7419
P/B = 9.8332
Revenue TTM = 7.09m USD
EBIT TTM = -265.1m USD
EBITDA TTM = -256.9m USD
Long Term Debt = 7.17m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.23m USD (from shortTermDebt, last quarter)
Debt = 7.17m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -37.7m USD (from netDebt column, last quarter)
Enterprise Value = 4.93b USD (5.37b + Debt 7.17m - CCE 443.5m)
Interest Coverage Ratio = -5.42 (Ebit TTM -265.1m / Interest Expense TTM -48.9m)
EV/FCF = -63.90x (Enterprise Value 4.93b / FCF TTM -77.2m)
FCF Yield = -1.56% (FCF TTM -77.2m / Enterprise Value 4.93b)
FCF Margin = -1.09k% (FCF TTM -77.2m / Revenue TTM 7.09m)
Net Margin = -3.05k% (Net Income TTM -216.2m / Revenue TTM 7.09m)
Gross Margin = 29.12% ((Revenue TTM 7.09m - Cost of Revenue TTM 5.02m) / Revenue TTM)
Gross Margin QoQ = 34.90% (prev 20.75%)
Tobins Q-Ratio = 7.40 (Enterprise Value 4.93b / Total Assets 666.6m)
Interest Expense / Debt = -681.9% (Interest Expense -48.9m / Debt 7.17m)
Taxrate = 21.0% (US default 21%)
NOPAT = -209.4m (EBIT -265.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 37.42 (Total Current Assets 454.8m / Total Current Liabilities 12.2m)
Debt / Equity = 0.01 (Debt 7.17m / totalStockholderEquity, last quarter 546.2m)
Debt / EBITDA = 0.15 (negative EBITDA) (Net Debt -37.7m / EBITDA -256.9m)
Debt / FCF = 0.49 (negative FCF - burning cash) (Net Debt -37.7m / FCF TTM -77.2m)
Total Stockholder Equity = 419.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -45.45% (Net Income -216.2m / Total Assets 666.6m)
RoE = -51.53% (Net Income TTM -216.2m / Total Stockholder Equity 419.6m)
RoCE = -62.11% (EBIT -265.1m / Capital Employed (Equity 419.6m + L.T.Debt 7.17m))
RoIC = -49.91% (negative operating profit) (NOPAT -209.4m / Invested Capital 419.6m)
WACC = 12.78% (E(5.37b)/V(5.38b) * Re(12.80%) + (debt cost/tax rate unavailable))
Discount Rate = 12.80% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 48.46%
[DCF] Fair Price = unknown (Cash Flow -77.2m)
EPS Correlation: 21.63 | EPS CAGR: 17.38% | SUE: 0.01 | # QB: 0
Revenue Correlation: -49.14 | Revenue CAGR: -3.12% | SUE: -1.22 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.04 | Chg7d=-0.005 | Chg30d=-0.005 | Revisions Net=-3 | Analysts=7
EPS current Year (2026-12-31): EPS=-0.17 | Chg7d=-0.023 | Chg30d=-0.023 | Revisions Net=-1 | Growth EPS=-8.0% | Growth Revenue=+222.1%
EPS next Year (2027-12-31): EPS=-0.18 | Chg7d=-0.027 | Chg30d=-0.027 | Revisions Net=-2 | Growth EPS=-5.8% | Growth Revenue=+99.9%
[Analyst] Revisions Ratio: -1.00 (0 Up / 3 Down within 30d for Next Quarter)

Additional Sources for RGTI Stock

Fund Manager Positions: Dataroma | Stockcircle