Rigetti Computing, Inc. (RGTIW)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Rigetti Computing, Inc. (RGTIW) trades at $8.01 with AI Score 44/100 (Grade C). Rigetti Computing, Inc. is an integrated systems company focused on building quantum computers and superconducting quantum processors. Market cap: $5.73B, Sector: Technology.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for RGTIW: RGTIW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates RGTIW against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
RGTIW: the 1 perspectives are evenly split.
How is this calculated? →Rigetti Computing, Inc. (RGTIW) Technology Profile & Competitive Position
Rigetti Computing, Inc., founded in 2013, develops quantum computers and superconducting processors, offering access via its Quantum Cloud Services. With a focus on integrated systems, Rigetti aims to advance quantum computing capabilities for various cloud environments, positioning itself in the competitive quantum computing landscape alongside peers.
What Is the Investment Thesis for RGTIW?
Rigetti Computing operates in the high-growth quantum computing market. The company's focus on integrated systems and cloud-based access via its Quantum Cloud Services platform positions it to capitalize on increasing demand for quantum computing resources. With a market capitalization of $5.73B, investors are betting on the future potential of quantum computing. However, the company's negative P/E ratio of -23.17 and a profit margin of -3050.4% indicate significant challenges in achieving profitability. A gross margin of 29.1% suggests potential for improvement as the company scales its operations. The company's beta of 1.72 indicates higher volatility compared to the market.
Based on FMP financials and quantitative analysis
RGTIW Key Highlights
- Market Cap of $5.73B reflects investor expectations for future growth in the quantum computing market.
- P/E Ratio of -23.17 indicates the company is currently unprofitable, common for growth-stage technology companies.
- Profit Margin of -3050.4% highlights the significant investments required in research and development and infrastructure.
- Gross Margin of 29.1% shows the potential for profitability as quantum computing technology matures and adoption increases.
- Beta of 1.72 suggests higher volatility compared to the market, reflecting the speculative nature of quantum computing investments.
Who Are RGTIW's Competitors?
RGTIW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ASTS AST SpaceMobile, Inc. | $85.13 | -1.13% | $34.64B | — |
| FIG Figma, Inc. | $21.34 | +9.49% | $10.40B | — |
| HPQ HP Inc. | $21.93 | -0.41% | $20.06B | 81 |
| IONQ IonQ, Inc. | $49.12 | -4.44% | $18.34B | 44 |
| LOGI Logitech International S.A. | $94.00 | -0.68% | $13.49B | 52 |
| WDC Western Digital Corporation | $539.00 | -9.92% | $185.78B | 75 |
| QBTS D-Wave Quantum Inc. | $22.54 | -4.11% | $8.28B | 66 |
| VTIX VTIX | $3.01 | -7.38% | $86.98M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RGTIW's Key Strengths?
- Integrated systems approach.
- Quantum Cloud Services platform.
- Proprietary quantum processor technology.
- Expertise in quantum computing.
What Are RGTIW's Weaknesses?
- High operating losses.
- Limited commercial adoption of quantum computing.
- Intense competition in the quantum computing industry.
- Dependence on research and development funding.
What Could Drive RGTIW Stock Higher?
- Advancements in quantum processor technology leading to improved performance and capabilities.
- Expansion of Quantum Cloud Services platform attracting more users and applications.
- Strategic partnerships and collaborations driving adoption of quantum computing solutions.
- Securing government contracts and funding for quantum computing research and development.
What Are the Key Risks for RGTIW?
- Negative return on equity (-43.9%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Rapid technological advancements by competitors outpacing Rigetti's innovation.
- Uncertainty in the timeline for quantum computing commercialization delaying revenue generation.
- High operating losses and dependence on research and development funding.
- Economic downturn impacting research and development spending and customer adoption.
What Are the Growth Opportunities for RGTIW?
- Expanding Quantum Cloud Services: Rigetti can grow by expanding its Quantum Cloud Services platform, offering broader access to its quantum computing resources. This includes attracting more users, developing new quantum algorithms and applications, and integrating with other cloud platforms. The quantum computing market is projected to reach billions of dollars in the coming years, providing a substantial opportunity for Rigetti to capture market share by enhancing its cloud services.
- Advancing Quantum Processor Technology: Continuous innovation in quantum processor technology is crucial for Rigetti's growth. This involves increasing the number of qubits, improving qubit coherence and fidelity, and developing new quantum architectures. Advancements in processor technology will enhance the performance and capabilities of Rigetti's quantum computers, making them more attractive to users and enabling them to tackle more complex problems. Ongoing investment in R&D is essential for maintaining a competitive edge.
- Strategic Partnerships and Collaborations: Forming strategic partnerships and collaborations with other companies and research institutions can accelerate Rigetti's growth. This includes collaborating on quantum algorithm development, exploring new applications of quantum computing, and integrating Rigetti's technology with other systems. Partnerships can provide access to new markets, expertise, and resources, enabling Rigetti to expand its reach and capabilities. These collaborations can also help drive adoption of Rigetti's Quantum Cloud Services platform.
- Targeting Specific Industry Verticals: Rigetti can focus on targeting specific industry verticals with tailored quantum computing solutions. This includes developing quantum algorithms and applications for sectors such as finance, healthcare, and materials science. By addressing the specific needs of these industries, Rigetti can demonstrate the value of its quantum computing technology and drive adoption. This targeted approach can also help Rigetti build a strong reputation and establish itself as a leader in specific application areas.
- Government Contracts and Funding: Securing government contracts and funding can provide a significant boost to Rigetti's growth. Governments around the world are investing heavily in quantum computing research and development, recognizing its potential to transform various sectors. By winning government contracts, Rigetti can gain access to funding, resources, and expertise, enabling it to accelerate its technology development and expand its market reach. These contracts can also provide valuable validation of Rigetti's technology and capabilities.
What Opportunities Does RGTIW Have?
- Expanding Quantum Cloud Services platform.
- Targeting specific industry verticals.
- Securing government contracts and funding.
- Advancing quantum processor technology.
What Threats Does RGTIW Face?
- Rapid technological advancements by competitors.
- Uncertainty in the timeline for quantum computing commercialization.
- Economic downturn impacting research and development spending.
- Regulatory challenges in the quantum computing industry.
What Are RGTIW's Competitive Advantages?
- Proprietary quantum processor technology.
- Integrated systems approach for optimized performance.
- Quantum Cloud Services platform for cloud-based access.
- Expertise in quantum computing hardware and software.
What Does RGTIW Do?
Founded in 2013 and based in Berkeley, California, Rigetti Computing, Inc. operates as an integrated systems company focused on the development of quantum computers. The company's core business revolves around building quantum computers and the superconducting quantum processors that power them. These machines are integrated into diverse cloud environments, including public, private, and hybrid clouds, through Rigetti's Quantum Cloud Services platform. This platform provides users with access to Rigetti's quantum computing resources, enabling them to explore and develop quantum algorithms and applications. Rigetti's focus on integrated systems allows it to control the entire quantum computing stack, from processor design to cloud deployment. This vertical integration aims to optimize performance and accelerate the development of quantum computing solutions. The company's strategic direction involves continuous innovation in quantum processor technology and expanding the reach of its Quantum Cloud Services platform to serve a growing base of users and applications.
What Products and Services Does RGTIW Offer?
- Build quantum computers.
- Develop superconducting quantum processors.
- Integrate quantum machines into cloud environments.
- Offer Quantum Cloud Services platform for access to quantum computing resources.
- Enable users to develop quantum algorithms and applications.
- Focus on integrated systems for optimized performance.
- Innovate in quantum processor technology.
How Does RGTIW Make Money?
- Provides access to quantum computing resources through its Quantum Cloud Services platform.
- Generates revenue through subscriptions and usage-based fees.
- Focuses on developing and selling quantum computing hardware and software solutions.
What Industry Does RGTIW Operate In?
Rigetti Computing operates within the burgeoning quantum computing industry. This sector is characterized by intense research and development, driven by the potential for quantum computers to solve complex problems beyond the capabilities of classical computers. The competitive landscape includes established technology companies and specialized quantum computing startups. Rigetti's focus on integrated systems and cloud-based access positions it to compete in this rapidly evolving market. The industry is expected to experience substantial growth in the coming years, driven by advancements in quantum hardware and software, as well as increasing adoption across various sectors.
Who Are RGTIW's Key Customers?
- Researchers and scientists exploring quantum computing.
- Businesses and organizations developing quantum algorithms and applications.
- Government agencies and research institutions investing in quantum computing.
ROE -44%Key Financial Metrics
Return on equity for Rigetti Computing, Inc. stands at -43.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -34.7%, showing how much profit it generates from its asset base. Its free cash flow yield is -1.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 6.98 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -3.8%, the inverse of the P/E and a quick read on earnings relative to price.
Rigetti Computing, Inc. (RGTIW) Valuation Context
Valued at $5.73B, RGTIW is classified as a mid-cap stock. Relative to its peer group, RGTIW's quantitative score of 44/100 is below the peer average of 59/100.
Company Profile
Rigetti Computing, Inc. operates in the Computer Hardware industry within the Technology sector. It is headquartered in Berkeley, US. The company is led by CEO Subodh K. Kulkarni. RGTIW has traded publicly since 2022.
F-Score 2/9Financial Health
Rigetti Computing, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 26.11 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Rigetti Computing, Inc. revenue of about $23.5M for fiscal 2026, with EPS near $-0.19. The estimate reflects 12 contributing analysts.
RGTIW Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Rigetti's recent partnership announcements have generated positive buzz, reflecting strong industry interest in their quantum computing technology.
- Insider buying activity indicates confidence from leadership in the company's future prospects, suggesting alignment with long-term goals.
- Community sentiment has shifted positively, with discussions highlighting their innovative advancements in quantum algorithms and applications.
- The increasing demand for quantum computing solutions positions Rigetti as a key player, attracting attention from tech enthusiasts and investors alike.
Bear Case
- Concerns about the competitive landscape are rising, as larger tech firms ramp up their quantum computing efforts, potentially overshadowing Rigetti.
- Investor sentiment remains cautious due to the volatility in tech markets, leading to skepticism about smaller firms like Rigetti sustaining growth.
- Recent discussions in trading forums reveal worries about the company's ability to secure funding for future projects amidst economic uncertainties.
- The lack of consistent revenue streams continues to be a point of concern, with some believing it could hinder Rigetti's long-term viability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
RGTIW Latest News
No recent news available for RGTIW.
RGTIW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for RGTIW.
Price Targets
Wall Street price target analysis for RGTIW.
RGTIW MoonshotScore
What does this score mean?
The MoonshotScore rates RGTIW's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Subodh K. Kulkarni
CEO
Subodh K. Kulkarni serves as the CEO of Rigetti Computing, bringing extensive experience in technology leadership and management. His background includes a strong foundation in engineering and business strategy. Prior to joining Rigetti, Kulkarni held leadership positions at CyberOptics Corporation, where he served as president and CEO. He has a proven track record of driving growth and innovation in technology-driven organizations. Kulkarni's expertise spans various areas, including semiconductor technology, sensors, and industrial automation.
Track Record: Since assuming the role of CEO at Rigetti Computing, Subodh K. Kulkarni has focused on advancing the company's quantum computing technology and expanding its market reach. Under his leadership, Rigetti has continued to develop its Quantum Cloud Services platform and pursue strategic partnerships to accelerate the adoption of quantum computing solutions. Kulkarni's strategic decisions have aimed to position Rigetti as a leader in the quantum computing industry.
Rigetti Computing, Inc. Technology Stock: Key Questions Answered
What does Rigetti Computing, Inc. do?
Rigetti Computing, Inc. is an integrated systems company that designs and builds quantum computers and the superconducting quantum processors that power them. The company's core offering is its Quantum Cloud Services (QCS) platform, which provides users with cloud-based access to Rigetti's quantum computing resources. This allows researchers, developers, and businesses to experiment with quantum algorithms, develop quantum applications, and explore the potential of quantum computing without the need for expensive hardware investments. Rigetti aims to accelerate the development and adoption of quantum computing by providing a comprehensive and accessible platform.
What do analysts say about RGTIW stock?
Analyst coverage of Rigetti Computing (RGTIW) is still developing, reflecting the early stage of the quantum computing industry. Key valuation metrics, such as the P/E ratio of -23.17, indicate that the company is currently unprofitable, which is common for growth-stage technology companies focused on research and development. Analysts are closely monitoring the company's progress in advancing its quantum processor technology, expanding its Quantum Cloud Services platform, and securing government contracts and funding. The long-term growth potential of Rigetti is tied to the broader adoption of quantum computing across various industries.
What are the main risks for RGTIW?
Rigetti Computing faces several key risks inherent in the quantum computing industry. One significant risk is the rapid pace of technological advancements, where competitors may develop superior quantum computing technologies. Another risk is the uncertainty surrounding the timeline for quantum computing commercialization, which could delay revenue generation and impact the company's financial performance. Additionally, Rigetti is subject to the risk of high operating losses and dependence on research and development funding, which may be affected by economic downturns or changes in government priorities. Regulatory challenges and ethical considerations related to quantum computing also pose potential risks.
What are the key factors to evaluate for RGTIW?
Rigetti Computing, Inc. (RGTIW) holds an AI score of 44/100 (low). Not financial advice.
How frequently does RGTIW data refresh on this page?
RGTIW prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven RGTIW's recent stock price performance?
Rigetti Computing, Inc. (RGTIW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Integrated systems approach. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider RGTIW overvalued or undervalued right now?
Valuing Rigetti Computing, Inc. (RGTIW) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying RGTIW?
Before investing in Rigetti Computing, Inc. (RGTIW), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data may be delayed.
- AI analysis pending for RGTIW.