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Rigetti Computing, Inc. (RGTI)

Technology Out of favour

Rigetti Computing is a pioneer in the world of quantum computing, building powerful machines that aim to solve problems far beyond the reach of today's PCs.

$14.95

Is Rigetti Computing, Inc. a good stock for a UK beginner?

The honest version: Rigetti Computing is a pioneer in the world of quantum computing, building powerful machines that aim to solve problems far beyond the reach of today's PCs.

No rating · no target price · nothing for sale here
Price+1477.0%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-3% past year
$14.95
Low $12.53High $58.15
Where today's price sits versus its past year - context, not a signal.
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$4.97B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
38.50M
Day range: The lowest and highest price the shares traded at during the latest day.
$14.77 – $15.62
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$12.53 – $58.15
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.96
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.96
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +10% past week · ▼ -3% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Quantum computing becomes a standard industry tool

The bear case

Technology fails to prove practical value

What does Rigetti Computing, Inc. do?

Rigetti designs and builds quantum processors, which are a new type of computer that uses the strange laws of physics to process information at incredible speeds. The cash comes from selling access to these quantum systems over the cloud and partnering with businesses to develop specific software applications. What really matters here is whether they can scale their technology to be reliable enough for everyday commercial use, since the industry is still in its very early stages.

VQGMI
Factor profile

On our factor screen it looks strongest on growth and value, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 54Quality: How profitable and financially healthy the company is (higher = stronger). 34Growth: How fast revenue and earnings are growing (higher = faster). 98Momentum: How the share price has been trending recently (higher = stronger recent run). 13Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Growth screens high (98/100)
  • Operating at the cutting edge of a potentially revolutionary technology
  • Very high year-on-year revenue growth
  • First-mover advantage in a specialised field
What to watch
  • Momentum screens low (13/100)
  • Income screens low (16/100)
  • The technology may never become commercially viable
  • High volatility makes it a bumpy ride for investors
  • Significant competition from well-funded global technology companies

What do Rigetti Computing, Inc.'s numbers mean?

P/S
506.1
This shows how much investors are paying for every pound of sales, and a very high number suggests people are betting heavily on massive future growth.
Revenue growth
198.9%
This measures how quickly the company's sales are increasing compared to last year, showing that demand for their experimental technology is climbing fast.
Beta
2.0
This indicates the share price tends to be twice as volatile as the wider market, meaning it can be a bit of a rollercoaster ride.
Net margin
0.0%
This confirms the company is currently spending as much as it earns, which is common for businesses pouring all their cash into research and development.

How much money does Rigetti Computing, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$10.65M$21.31M$31.96M$42.62MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
30.0%
Net margin
0.0%
Return on equity
-57.1%

Does Rigetti Computing, Inc. pay a dividend?

No - Rigetti Computing, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

When does Rigetti Computing, Inc. report earnings, and how did recent quarters go?

Rigetti Computing, Inc. is next scheduled to report on about 2026-08-06 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-05-11$-0.04$-0.04Beat +7%
2026-03-04$-0.03$-0.03Beat +9%
2025-11-10$-0.04$-0.03Beat +25%
2025-08-12$-0.04$-0.06Missed -41%
2025-05-12$-0.04$-0.08Missed -89%
2025-03-05$-0.06$-0.06Beat +5%

Across the last 6 quarters here, Rigetti Computing, Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for Rigetti Computing, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$60$15$8today · $15▲ Bull · $18• Base · $15▼ Bear · $12in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +30%Positive news on quantum processor breakthroughs
Base
-5% to +5%Steady progress in research and development
Bear
-10% to -25%Delays in technical milestones

What are the pros and cons of Rigetti Computing, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Operating at the cutting edge of a potentially revolutionary technology
  • Very high year-on-year revenue growth
  • First-mover advantage in a specialised field
The catch3
  • High price-to-sales ratio suggests a very expensive valuation
  • Negative return on equity shows the business is currently burning through capital
  • No profit being generated yet
Key risks3
  • The technology may never become commercially viable
  • High volatility makes it a bumpy ride for investors
  • Significant competition from well-funded global technology companies
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: low · data: USD · flags: pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.