(RGTI) Rigetti Computing - Ratings and Ratios

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

Quantum Computer, Quantum Processor, Cloud Service, Development Tools

Description: RGTI Rigetti Computing July 28, 2025

Rigetti Computing Inc (NASDAQ:RGTI) is a pioneering company in the field of quantum computing, offering a range of products and services including quantum processing units (QPUs), quantum computing systems, and quantum cloud services. The companys innovative solutions enable customers to access quantum computing capabilities through the cloud, supporting various programming capabilities and cloud architectures.

From a business perspective, Rigetti Computing serves a diverse customer base, including commercial enterprises, government organizations, and international government entities. The companys professional services, such as algorithm development and quantum application programming, further enhance its offerings. With a strong presence in the United States, the United Kingdom, Europe, and Asia, Rigetti Computing is well-positioned for growth in the rapidly expanding quantum computing market.

To evaluate the companys performance, key performance indicators (KPIs) such as revenue growth, customer acquisition rate, and cloud service utilization can be monitored. Additionally, metrics like quantum computing system adoption rates, customer retention, and the number of QPUs sold can provide insights into the companys operational efficiency and market penetration. With a market capitalization of $5.54 billion, Rigetti Computings financial performance can be tracked through metrics like burn rate, cash reserves, and research and development (R&D) expenditure as a percentage of revenue.

From a trading perspective, analyzing the stocks support and resistance levels can help identify potential trading opportunities. The current price of $15.44 is above the 20-day simple moving average (SMA) of $14.10 and the 50-day SMA of $12.82, indicating a positive short-term trend. However, the absence of a price-to-earnings (P/E) ratio and a return on equity (RoE) of -95.10% suggest that the companys financial performance is not yet stable, and investors should exercise caution when making investment decisions.

RGTI Stock Overview

Market Cap in USD 12,591m
Sub-Industry Electronic Equipment & Instruments
IPO / Inception 2021-04-22

RGTI Stock Ratings

Growth Rating 73.8%
Fundamental 31.6%
Dividend Rating -
Return 12m vs S&P 500 1,964%
Analyst Rating 4.83 of 5

RGTI Dividends

Currently no dividends paid

RGTI Growth Ratios

Growth Correlation 3m 86.6%
Growth Correlation 12m 79.2%
Growth Correlation 5y -0.9%
CAGR 5y 170.07%
CAGR/Max DD 3y (Calmar Ratio) 2.07
CAGR/Mean DD 3y (Pain Ratio) 3.39
Sharpe Ratio 12m 0.42
Alpha 969.40
Beta 1.608
Volatility 143.20%
Current Volume 71650.8k
Average Volume 20d 136181.8k
Stop Loss 37.4 (-7.1%)
Signal 0.05

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income (-164.8m TTM) > 0 and > 6% of Revenue (6% = 475.5k TTM)
FCFTA -0.10 (>2.0%) and ΔFCFTA 23.18pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 5339 % (prev 666.5%; Δ 4673 pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.08 (>3.0%) and CFO -53.8m > Net Income -164.8m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 41.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (298.3m) change vs 12m ago 73.50% (target <= -2.0% for YES)
Gross Margin 40.57% (prev 40.03%; Δ 0.54pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 1.98% (prev 7.77%; Δ -5.79pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -179.7 (EBITDA TTM -204.6m / Interest Expense TTM 1.18m) >= 6 (WARN >= 3)

Altman Z'' -8.97

(A) 0.66 = (Total Current Assets 433.6m - Total Current Liabilities 10.4m) / Total Assets 636.7m
(B) -0.87 = Retained Earnings (Balance) -551.8m / Total Assets 636.7m
(C) -0.53 = EBIT TTM -211.9m / Avg Total Assets 399.6m
(D) -6.61 = Book Value of Equity -551.6m / Total Liabilities 83.4m
Total Rating: -8.97 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 31.58

1. Piotroski 1.0pt = -4.0
2. FCF Yield -0.52% = -0.26
3. FCF Margin data missing
4. Debt/Equity 0.01 = 2.50
5. Debt/Ebitda 0.24 = 2.46
6. ROIC - WACC (= -94.77)% = -12.50
7. RoE -65.29% = -2.50
8. Rev. Trend -67.33% = -5.05
9. EPS Trend 18.63% = 0.93

What is the price of RGTI shares?

As of October 29, 2025, the stock is trading at USD 40.24 with a total of 71,650,761 shares traded.
Over the past week, the price has changed by -7.32%, over one month by +25.03%, over three months by +138.09% and over the past year by +2371.33%.

Is Rigetti Computing a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, Rigetti Computing (NASDAQ:RGTI) is currently (October 2025) a stock to sell. It has a ValueRay Fundamental Rating of 31.58 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of RGTI is around 37.67 USD . This means that RGTI is currently overvalued and has a potential downside of -6.39%.

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.
  • Strong Buy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the RGTI price?

Issuer Target Up/Down from current
Wallstreet Target Price 26.8 -33.3%
Analysts Target Price 26.8 -33.3%
ValueRay Target Price 43.3 7.6%

RGTI Fundamental Data Overview October 27, 2025

Market Cap USD = 12.59b (12.59b USD * 1.0 USD.USD)
P/S = 1588.7162
P/B = 20.7414
Beta = 1.608
Revenue TTM = 7.92m USD
EBIT TTM = -211.9m USD
EBITDA TTM = -204.6m USD
Long Term Debt = 8.01m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.20m USD (from shortTermDebt, last quarter)
Debt = 8.01m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -49.2m USD (from netDebt column, last quarter)
Enterprise Value = 12.54b USD (12.59b + Debt 8.01m - CCE 57.2m)
Interest Coverage Ratio = -179.7 (Ebit TTM -211.9m / Interest Expense TTM 1.18m)
FCF Yield = -0.52% (FCF TTM -65.6m / Enterprise Value 12.54b)
FCF Margin = -827.3% (FCF TTM -65.6m / Revenue TTM 7.92m)
Net Margin = -2080 % (Net Income TTM -164.8m / Revenue TTM 7.92m)
Gross Margin = 40.57% ((Revenue TTM 7.92m - Cost of Revenue TTM 4.71m) / Revenue TTM)
Gross Margin QoQ = 31.43% (prev 30.03%)
Tobins Q-Ratio = 19.70 (Enterprise Value 12.54b / Total Assets 636.7m)
Interest Expense / Debt = 14.72% (Interest Expense 1.18m / Debt 8.01m)
Taxrate = -0.0% (0.0 / -39.7m)
NOPAT = -211.9m (EBIT -211.9m * (1 - -0.00%)) [loss with tax shield]
Current Ratio = 41.57 (Total Current Assets 433.6m / Total Current Liabilities 10.4m)
Debt / Equity = 0.01 (Debt 8.01m / totalStockholderEquity, last quarter 553.3m)
Debt / EBITDA = 0.24 (negative EBITDA) (Net Debt -49.2m / EBITDA -204.6m)
Debt / FCF = 0.75 (negative FCF - burning cash) (Net Debt -49.2m / FCF TTM -65.6m)
Total Stockholder Equity = 252.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -25.89% (Net Income -164.8m / Total Assets 636.7m)
RoE = -65.29% (Net Income TTM -164.8m / Total Stockholder Equity 252.5m)
RoCE = -81.34% (EBIT -211.9m / Capital Employed (Equity 252.5m + L.T.Debt 8.01m))
RoIC = -82.83% (negative operating profit) (NOPAT -211.9m / Invested Capital 255.8m)
WACC = 11.94% (E(12.59b)/V(12.60b) * Re(11.94%) + D(8.01m)/V(12.60b) * Rd(14.72%) * (1-Tc(-0.0)))
Discount Rate = 11.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 45.68%
Fair Price DCF = unknown (Cash Flow -65.6m)
EPS Correlation: 18.63 | EPS CAGR: 12.16% | SUE: 0.20 | # QB: 0
Revenue Correlation: -67.33 | Revenue CAGR: -14.87% | SUE: -0.13 | # QB: 0

Additional Sources for RGTI Stock

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