RIGETTI COMPUTING INC (RGTI)
Information Technology · Quantum Computing Hardware · NASDAQ
Rigetti Computing builds superconducting quantum processors and provides cloud-based access to quantum hardware, aiming to unlock practical applications for quantum computing.
What RIGETTI COMPUTING INC does
Rigetti Computing is a pioneer in full-stack quantum computing, developing both quantum processors and the cloud-based platforms required to access them. The company utilizes a superconducting qubit technology to provide Quantum Computing as a Service (QCaaS) and focuses on scaling its processors to address complex computational problems. It serves customers through a combination of direct system sales and cloud-based access to its hardware.
Themes: quantum computing, cloud infrastructure, advanced computing
Fundamentals
- Price$17.91 as of 2026-08-21 close
- Market cap$6.0B as of 2026-08-21
- 1-year return+25.5% 2025-08-21 close $14.27 → 2026-08-21 close $17.91
- P/En/a negative earnings
- Net margin-2253.6% as of 2026-08-24
- Gross margin+29.9% as of 2026-08-24
- ROE-43.9% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Revenue growth (YoY)+8.8% as of 2026-08-24
- Beta2.05 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How RGTI compares in its sector
- net profit marginbottom 10% 405 covered Information Technology peers, as of 2026-08-24
- operating marginbottom 10% 405 covered Information Technology peers, as of 2026-08-24
- gross marginbottom 25% 403 covered Information Technology peers, as of 2026-08-24
- return on equitybottom 25% 405 covered Information Technology peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
RGTI is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
48.5 #895 of 1,704 scored · #123 of 261 in Information Technology
Setup 68th: no Elliott-wave labelling currently fits its swings; momentum 53rd: MACD momentum is positive; weakest is catalysts 38th: analysts have cut their average price target by 2.8% since the prior reading.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
How RIGETTI COMPUTING INC looks technically
RIGETTI COMPUTING INC (RGTI) is trading 12.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 123 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 6 trading days ago. It is 69.2% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 12.0% below its 200-day average, the long-term trend line — a long-term downtrend | -12.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $17.43 | $17.43 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $20.36 | $20.36 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 8 calendar days ago — the swings before that are what the structure reading is measured on | 8 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five; the labelling fails if price closes above 19.365. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a three-part correction in leg C. | possible downward five-wave sequence, in wave 3 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 123 trading days ago — a "death cross", a bearish long-term signal | 123 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 16, below the 25 that marks a real trend) | 16.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 54, neither overbought (above 70) nor oversold (below 30) | 53.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($15.66 to $19.36) — its "stochastic" reading is 61 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 60.7 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 17 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $58.15 | $58.15 |
|---|---|---|
| From the 52-week high | it is 69.2% below its 52-week high (its highest price of the past year) | -69.2% |
| Above the 52-week low | it is 42.9% above its 52-week low (its lowest price of the past year) | +42.9% |
| Below the 52-week high | it is 69.2% below its highest point of the past year | 69.2% |
| Since a 20-day breakout | it made a new 20-day high about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $58.15 (set on 2025-10-14) | $58.15 |
| Given back of the 52-week move | over the past year its closes ranged ($12.90 to $56.34), and it has recovered only a small part of its fall from last year’s high — 12% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $39.75 to $41.14. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 11.5% |
| From the all-time high | it is 69.2% below its all-time high | -69.2% |
| Nearest price level | it is trading 3.2% above a support level at $17.33 — a price it turned at twice since 2025-07-18, most recently on 2025-08-28. Since 2024-08-21 it has 4 such levels below the current price and 6 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -3.2% |
| All-time low | its lowest closing price on record is $0.3601 (set on 2023-05-04) | $0.3601 |
| Above the all-time low | it is 4873.6% above its all-time low | +4,874% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 45th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.24 between its high and its low — about 6.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.24 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $13.76 and $19.92 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $13.76 – $16.84 – $19.92 |
| Typical daily range (% of price) | its price moves about 6.9% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 6.9% |
| Stretch from the 200-day average | it is trading 2.0 daily ranges below its 200-day average price (12.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.13× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 2.8% since the prior reading | -2.8% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a bullish engulfing | 6 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 6 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 1.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +1.6% |
|---|---|---|
| Open gap | it gapped 5.7% below the previous close 3 sessions ago and has not traded back through the level it left behind at 18.67 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -5.7% |
| Gap filled | a 2.7% gap up opened on 2026-08-12 has been "filled" 7 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 7 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 14.9 percentage points (the stock gained 17.2% while the market gained 2.3%) | +14.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 21.8 percentage points (the stock lost 18.7% while the market gained 3.1%) | -21.8% |
| vs market, 6 months | over the past 6 months this stock beat the market by 1.4 percentage points (the stock gained 12.5% while the market gained 11.1%) | +1.4% |
| vs market, 12 months | over the past 12 months this stock beat the market by 5.0 percentage points (the stock gained 25.5% while the market gained 20.5%) | +5.0% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading inside the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the zone traders read as unresolved — neither side has established a trend, and the band is where that gets settled. The band itself is thick, spanning 19.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | 0.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 9% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $19.60 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -8.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $17.72 — a volume-weighted average of daily closes over 12 sessions, not a true tick-by-tick VWAP. | +1.1% |
Price levels it has turned at before
RGTI last closed at $17.91 on 2026-08-21. Since 2024-08-21 it has turned at 4 prices below its last close and 6 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $17.33 | Support | 3.2% below the last close | turned there twice · 2025-07-18 to 2025-08-28 |
| $19.25 | Resistance | 7.5% above the last close | turned there three times · 2026-02-26 to 2026-08-13 |
| $16.25 | Support | 9.3% below the last close | turned there twice · 2025-01-24 to 2026-03-25 |
| $15.30 | Support | 14.6% below the last close | turned there four times · 2025-02-04 to 2026-05-19 |
| $21.01 | Resistance | 17.3% above the last close | turned there twice · 2025-11-21 to 2026-05-12 |
| $21.48 | Resistance | 19.9% above the last close | turned there twice · 2025-01-06 to 2025-12-29 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 3 of five.
This labelling fails — stops being a possible reading at all — if it closes above $19.36.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
Alternate reading: The same swings also read as a three-part correction in leg C, which fails on a close above $19.36.
This reading has stood for 2 trading days, since 2026-08-20.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · trendless / choppy (low ADX) · Analyst price target recently CUT · Left an unfilled gap (5%+ in the last week) · Most volatile (6%+ typical daily range) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$28.81 range $18.00 – $40.00; median $30.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for RGTI
- Consensus EPS estimate-$0.05125 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High customer concentration with reliance on public sector contracts.","Significant uncertainty regarding the commercial timeline and ability to monetize quantum computing investments.","Dependence on executing complex technology roadmaps and achieving future R&D milestones."]
What changed in the latest 10-Q
AI-assisted comparison of RGTI's 10-Q filed 2026-05-11 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
The two filings could not be meaningfully compared for this section.
Risk Factors
- Added:
- Added statement about 'the advantages of superconducting modality of quantum computing, including scalability and gate speeds, and open modular architecture for quantum computing' (newer filing, 2026-05-11)
- Added 'military conflicts' as standalone risk factor in macroeconomic conditions bullet (newer filing, 2026-05-11)
- Added reference to 'governmental actions and regulations, such as trade protections, tariffs or other restrictions' in supply chain bullet (newer filing, 2026-05-11)
- Removed:
- Removed specific technical milestone: '...including the expectation of releasing a 100+ qubit chiplet-based system with a 99.5% median two-qubit gate fidelity before the end of 2025...' (older filing, 2025-11-10)
- Removed 'and wars' from description of military conflicts (older filing, 2025-11-10 stated 'military conflicts and wars')
- Removed 'the evolution of the markets in which we compete' as standalone forward-looking statement bullet (older filing, 2025-11-10)
- Removed 'and trade protections and tariffs' from supply chain bullet as separate phrase (older filing, 2025-11-10)
- Reworded:
- Changed 'the additional costs associated with the loss of the ability to use scaled disclosures available to smaller reporting companies ("SRCs")' to 'the additional costs associated with the pending loss of our smaller reporting company ("SRC") status' (older filing, 2025-11-10 used 'pending loss' language)
- Changed 'the time and attention necessary with respect to our increased disclosure and compliance obligations associated with the loss of our SRC status' to 'the time and attention necessary with respect to our increased disclosure and compliance obligations associated with the pending loss of our SRC status' (older filing, 2025-11-10 used 'pending loss')
- Changed reference from 'our Annual Report on Form 10-K for the year ended December 31, 2024' to 'our Annual Report on Form 10-K for the year ended December 31, 2025' (newer filing, 2026-05-11)
- Changed 'Quanta Computer, Inc. ("Quanta")' to 'Quanta Computer, Inc., a Taiwan Corporation ("Quanta")' adding jurisdiction descriptor (newer filing, 2026-05-11)
- Notes:
- The newer filing (2026-05-11) covers Q1 2026 (ended March 31, 2026) while older filing (2025-11-10) covers Q3 2025 (ended September 30, 2025), reflecting different reporting periods
- SRC status language changed from 'pending loss' (2025-11-10) to 'loss' (2026-05-11), suggesting the loss of SRC status became effective between the two filing dates
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 6 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 6 sells ($20M) — 3 selling insiders
- Last 180 days0 buys · 10 sells ($20M) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-22. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about RGTI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding RGTI as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 42,804,193
- Reported value $600,970,869
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 1 increased, 3 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
RGTI had 63,394,520 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
RGTI had 19.0% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.97 days to cover at the same settlement.
- Reported short interest (shares) 63,394,520
- Short interest (% of shares outstanding) 19.0%
- Prior settlement (shares) 61,351,381
- Reported change 3.33%
- Days to cover (reported) 2.97
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- IBM (IBM)
- IonQ (IONQ)
- D-Wave Quantum (QBTS)
- Alphabet / Google Quantum AI (GOOGL)
- Microsoft Azure Quantum (MSFT)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does RIGETTI COMPUTING INC (RGTI) do?
Rigetti Computing is a pioneer in full-stack quantum computing, developing both quantum processors and the cloud-based platforms required to access them. The company utilizes a superconducting qubit technology to provide Quantum Computing as a Service (QCaaS) and focuses on scaling its processors to address complex computational problems. It serves customers through a combination of direct system sales and cloud-based access to its hardware.
What sector is RIGETTI COMPUTING INC (RGTI) in?
RIGETTI COMPUTING INC (RGTI) is classified in the Information Technology sector. Its industry is Quantum Computing Hardware. It trades on NASDAQ.
Who are RIGETTI COMPUTING INC's (RGTI) competitors?
Notable peers of RIGETTI COMPUTING INC (RGTI) include IBM, IonQ, D-Wave Quantum, Alphabet / Google Quantum AI and Microsoft Azure Quantum. This peer set is informational only — not financial advice.
Is RIGETTI COMPUTING INC (RGTI) overbought or oversold right now?
RIGETTI COMPUTING INC (RGTI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 54, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on RGTI come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.