Stock·NASDAQ·Technology
Rigetti Computing, Inc. (RGTI)
- Market cap
- $3.94B
- Dividend yield
- 0.00%
- Street target
- $30.00median of 13 analysts
- 52-week range
- $11.11 $47.78
The short version
Where RGTI stands today, in four lines, and what CleaRank Financial AI makes of it.
RGTI at a glance
Rigetti Computing, Inc. (RGTI): Sell, 31/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($15.86 and $17.87).
- Earnings RGTI beat estimates in 1 of its last 8 quarters, yet fell the next day after every one of them.
- Insiders Insiders sold $62.5M and made no open-market purchases over the last 18 months.
Figures as of October 17, 2026.
CleaRank Financial AI
Rigetti Computing, Inc. (RGTI) carries a CleaRank rating of Sell and a model score of 31/100.
Analysts' views are the strongest support: 9 of 13 rate the stock a buy and the median target is 154.2% above the price. Trend is the heaviest drag. The price is 33.98% below its 200-day average and 25.59% below its 50-day average, and the 50-day average is 11.27% below the 200-day. Those averages stand at $15.86 and $17.87, and over the past year the price fell 77.58%.
Only on CleaRank
Figures we compute ourselves from RGTI's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $11.80 is 25.6% below the 50-day simple moving average of $15.86.Price above its 200-day average ›
The price is 34.0% below the 200-day simple moving average of $17.87.50-day average above the 200-day ›
The 50-day average ($15.86) is 11.3% below the 200-day average ($17.87), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 2% of its 52-week range, between $11.11 and $47.78.
RGTI share price
Pick a period: each tab shows how far RGTI has moved over it, to the last close.
Today's trading
Where RGTI sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
0/3P/S below the sector median ›
The price-to-sales ratio of 291.95 is 3,741.5% above the sector median of 7.6.Profitable over the last 12 months ›
Net income over the last 12 months was $-238.7M on revenue of $13.4M, a net margin of -1,787.4%.Beat estimates in most recent reports ›
RGTI beat the EPS estimate in 1 of its last 8 reports.
Key statistics
The headline figures for RGTI.
As of October 17, 2026, RGTI trades at $11.80, with a market value of $3.94B and no P/E ratio (its trailing earnings are negative).
What the numbers say
CleaRank Financial AI's reading of RGTI's valuation, growth and risks.
The P/E cannot be read for Rigetti Computing, Inc. (RGTI), because the company lost money over the last 12 months, so the figure is not meaningful. Its price-to-sales ratio of 291.95 is 3,741.4% above the sector median of 7.6. Put together, RGTI carries a market capitalisation of $3.9B.
Rigetti is still losing money: its net margin is -1.00% and its operating margin is -546.17%. On the top line, revenue rose 185.30% in the latest year, well ahead of the sector median of 24.2%. Return on equity stands at -43.77%, below the sector median of 13.4%. Debt-to-equity is 0.01, which means RGTI carries very little borrowing.
RGTI's most recent report, on August 6, 2026, missed the estimate by 0.00%, with EPS of -$0.05 versus the -$0.05 analysts expected. The stock still rose 8.53% in the next session.
Over its last 8 reports, RGTI topped the estimate 1 times, yet the stock fell in the first session after that beat. The largest of the earlier reactions came after the May 11, 2026 report, which missed the estimate by 0.00% while the stock fell 7.02%. Looking ahead, analysts expect EPS of -$0.187 this fiscal year and -$0.206 the year after.
Normal swings for RGTI run at about 3.59% a day. Until the price regains its moving averages, the trend works against holders. The price is 75.30% below its 52-week high of $47.78. Insiders sold $62.5M over the last 18 months and bought none on the open market, though sales of this kind are often planned in advance and say less than purchases would.
RGTI against the Technology sector
How RGTI compares with the median Technology stock CleaRank tracks.
Price to sales vs sector: On price-to-sales, the yardstick used here in place of P/E, RGTI trades at 291.95x, far above the sector average of 7.60x.
Return vs XLK: Since May 6, 2025, RGTI has gained 29.1% against a gain of 77.1% for XLK.
Performance against XLK
RGTI and the Technology sector fund over the same days.
Revenue and earnings
How much RGTI sells, and how much of it becomes profit.
Revenue growth: Revenue fell 34.3% in FY2025 to $7.1M, from $10.8M a year earlier.
Profit margin: The net margin was -3,050.4% in FY2025, down from -1,862.7% the year before.
Loss-making: RGTI lost $216M in FY2025.
Earnings reality check
Did RGTI beat what analysts expected, and how did the stock react?
Earnings record: RGTI beat the analyst estimate in 1 of the last 8 quarters.
Market reaction: The stock fell in the first session after 1 of those 1 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 6, 2026after close | -$0.05 | -$0.05 | +0.00% | +8.53% | +12.64% |
| May 11, 2026after close | -$0.04 | -$0.04 | +0.00% | -7.02% | -18.97% |
| Mar 4, 2026after close | -$0.03 | -$0.03 | +0.00% | -4.45% | -4.62% |
| Nov 10, 2025after close | -$0.04 | -$0.03 | +25.00% | -5.08% | -25.36% |
| Aug 12, 2025after close | -$0.04 | -$0.06 | -50.00% | +6.42% | -6.42% |
| May 12, 2025after close | -$0.04 | -$0.08 | -100.00% | -14.59% | +4.33% |
| Mar 5, 2025after close | -$0.06 | -$0.06 | +0.00% | +4.03% | +9.41% |
| Nov 12, 2024after close | -$0.07 | -$0.09 | -28.57% | +14.09% | -12.08% |
As of October 17, 2026, RGTI has beaten the analyst EPS estimate in 1 of its last 8 reported quarters and fell in the first trading session after it; its latest report, on August 6, 2026, came in 0.00% above the estimate and the stock moved +8.53% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 33.1, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 33.1 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of RGTI
The score, the reasoning behind it, and what could move the price next.
Rigetti Computing, Inc. (RGTI) is trading in a downtrend. At $11.80, the price is 25.59% below its 50-day average of $15.86 and 33.98% below its 200-day average of $17.87. It also sits close to the floor of its 52-week range: the price is 6.21% above the low of $11.11, and 75.30% below the high of $47.78. With the 50-day average 11.27% below the 200-day, the moving averages back up the weakness rather than pushing against it.
The 14-day RSI of 33.1 is in the bearish zone, above the oversold line, and the MACD line is negative. The record is negative across every period shown: the price fell 10.43% over the past three months, fell 35.06% over the past six months and fell 77.58% over the past year.
Earnings miss ›
The August 6, 2026 report missed the EPS estimate by 0.00%, and the share price rose 8.53% in the first session after it.
Source: Earnings report, August 6, 2026
Rating reaffirmed ›
Rosenblatt kept its Buy rating on August 7, 2026.
Source: Analyst action, Rosenblatt, August 7, 2026
- The two closest levels to watch are the 20-day EMA at $14.42, which sits above the price, and the 52-week low at $11.11, which sits below it.
- A 14-day RSI of 33.1 falls in the bearish zone, and the MACD line is negative. Readings above 70 or below 30 are the levels that signal stretched momentum.
- The share price climbed 8.53% in the first session after the August 6, 2026 report. Over the last 8 reports, RGTI beat estimates in 1 of them.
The trend on RGTI is down because the price sits below its 50-day and 200-day moving averages ($15.86 and $17.87). A recovery would first need to carry the price back above the 50-day. The closest level above the price is the 20-day EMA at $14.42.
The next level below the price is the 52-week low at $11.11. The RSI sits in the bearish zone, and momentum still leans toward lower prices.
Technical indicators
Momentum and trend for RGTI, from its daily closes.
As of October 17, 2026, with RGTI at $11.80, its 14-day RSI is 33.1 (showing bearish momentum without being oversold), its 50-day simple moving average is $15.86 and its 200-day is $17.87.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What RGTI moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, RGTI's 1-year correlation of daily returns is +0.33 with S&P 500 (SPY), +0.36 with Nasdaq 100 (QQQ), +0.42 with Bitcoin (BTC) and +0.16 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
9 of 13 analysts rate it a buy or strong buy, 4 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $30.00 is 154.2% above the price.More buy ratings than three months ago ›
9 of 13 rate it a buy now, against 9 of 13 three months ago.
RGTI Wall Street View
12-month price targets
The price, $11.80, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Aug 7, 2026 | Rosenblatt | Maintains | Buy |
| Aug 3, 2026 | Wedbush | Assumes | Outperform |
| Jun 11, 2026 | Rosenblatt | Maintains | Buy |
| May 12, 2026 | Mizuho | Maintains | Outperform |
| May 12, 2026 | Needham | Reiterates | Buy |
As of October 17, 2026, 13 Wall Street analysts cover RGTI: 9 rate it a buy or strong buy, 4 a hold and 0 a sell or strong sell. Their 12-month price targets range from $17.30 to $40.00, with a median of $30.00, 154.2% above the price of $11.80.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
RGTI trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
RGTI moves about 3.6% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much RGTI tends to move, against the market and on its own.
The long record
RGTI's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
1/4Average daily move under 2% ›
The price has moved 3.59% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 96.4%, from November 2021 to May 2023, regained by December 2024.Most 1-year holds ended higher ›
52% of 1-year holding periods in the last 5 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in April 2021 is now worth $11,919, against $19,918 in the S&P 500 (SPY).
RGTI Drawdowns & Recovery
As of October 17, 2026, RGTI's worst peak-to-trough fall over the last 5 years with dividends reinvested was -96.4% (November 2021 to May 2023); it regained that peak by December 2024, 19 months after the low, and 52% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into RGTI in April 2021 is worth now, against the same amount in the S&P 500.
Against the market: RGTI trailed the S&P 500 over this period: $11,919 against $19,918.
A $10,000 investment in RGTI in April 2021 would be worth about $11,919 today with dividends reinvested, compared with about $19,918 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to RGTI, and which have not.
Strongest month, December: an average of +49.24%, up in 1 of 5 years.
Weakest month, March: an average of -15.20%, up in 1 of 5 years.
This month, October: has averaged +22.46%, up in 4 of 5 years. Past seasonality does not repeat on schedule.
Over the last 6 years, RGTI's strongest calendar month has been December (average +49.24%, up in 1 of 5 years) and its weakest March (average -15.20%, up in 1 of 5 years).
Average return for each calendar month over the last 6 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in RGTI, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in RGTI today could grow to about $16,074 by 2036 in the base case, with a 90th-percentile outcome near $121,948 and a 10th-percentile outcome around $2,119. Projections are statistical simulations, not guarantees.
RGTI Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $14.27 for RGTI by 2030 in the base case, from $11.80 today (1.2x over 4 years). The 10th-percentile path ends near $3.96. These are outcomes of a Monte Carlo simulation run on RGTI's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $6.52 | $12.37 | $23.48 | |
| 2028 | $5.24 | $12.97 | $32.11 | |
| 2029 | $4.48 | $13.61 | $41.28 | |
| 2030 | $3.96 | $14.27 | $51.40 | |
| 2031 | $3.57 | $14.96 | $62.70 |
Method: a lognormal simulation of RGTI's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Insider trading
What the people running the company have bought and sold.
RGTI insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: No insider bought RGTI shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 17, 2026, RGTI insiders reported 35 open-market sales worth $62.5M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 9, 2026 | Subodh K Kulkarni
Chief Executive Officer
|
Sell | 120.0K | $1.9M |
| Sep 9, 2026 | Subodh K Kulkarni
Chief Executive Officer
|
Option | 150.0K | $144.6K |
| Sep 3, 2026 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 25.0K | $375.0K |
| Sep 3, 2026 | Jeffrey A Bertelsen
Chief Financial Officer
|
Option | 25.0K | $15.0K |
| Aug 20, 2026 | David Rivas
Chief Operating Officer
|
Sell | 9.0K | $151.7K |
| Aug 20, 2026 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 3.9K | $65.2K |
| Jun 22, 2026 | Ray O Johnson
Director
|
Sell | 84.9K | $1.7M |
| Jun 9, 2026 | Michael S. Clifton
Director
|
Grant | 9.2K | - |
| Jun 9, 2026 | Alissa Fitzgerald
Director
|
Grant | 9.2K | - |
| Jun 9, 2026 | Thomas J Iannotti
Director
|
Grant | 9.2K | - |
| Jun 9, 2026 | Ray O Johnson
Director
|
Grant | 9.2K | - |
| Jun 8, 2026 | Ray O Johnson
Director
|
Sell | 122.2K | $2.6M |
| Jun 1, 2026 | Subodh K Kulkarni
Chief Executive Officer
|
Sell | 104.2K | $2.6M |
| May 29, 2026 | David Rivas
Chief Technology Officer
|
Sell | 499.3K | $12.7M |
| May 29, 2026 | David Rivas
Chief Technology Officer
|
Option | 112.1K | $30.5K |
| May 28, 2026 | Subodh K Kulkarni
Chief Executive Officer
|
Option | 214.6K | $231.4K |
| May 22, 2026 | David Rivas
Chief Technology Officer
|
Sell | 18.8K | $430.6K |
| May 22, 2026 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 3.7K | $84.5K |
| Mar 10, 2026 | David Rivas
Chief Technology Officer
|
Sell | 36.7K | $643.3K |
| Mar 10, 2026 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 4.3K | $74.8K |
| Mar 10, 2026 | David Rivas
Chief Technology Officer
|
Grant | 80.0K | - |
| Jan 2, 2026 | Alissa Fitzgerald
Director
|
Sell | 59.3K | $1.3M |
| Dec 9, 2025 | Michael S. Clifton
Director
|
Sell | 150.0K | $4.1M |
| Nov 20, 2025 | David Rivas
Chief Technology Officer
|
Sell | 41.9K | $1.1M |
| Nov 20, 2025 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 3.7K | $97.6K |
| Oct 17, 2025 | Helene Gail Sandford
Director
|
Sell | 62.0K | $2.8M |
| Sep 19, 2025 | Helene Gail Sandford
Director
|
Sell | 17.6K | $436.4K |
| Sep 12, 2025 | Ray O Johnson
Director
|
Sell | 126.3K | $2.5M |
| Sep 12, 2025 | Thomas J Iannotti
Director
|
Sell | 100.0K | $2.0M |
| Sep 12, 2025 | Michael S. Clifton
Director
|
Sell | 75.0K | $1.4M |
| Sep 12, 2025 | Helene Gail Sandford
Director
|
Sell | 25.0K | $463.6K |
| Sep 12, 2025 | Thomas J Iannotti
Director
|
Option | 100.0K | $117.0K |
| Sep 9, 2025 | Michael S. Clifton
Director
|
Sell | 100.0K | $1.5M |
| Aug 20, 2025 | David Rivas
Chief Technology Officer
|
Sell | 44.4K | $658.5K |
| Aug 20, 2025 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 3.9K | $58.1K |
| Aug 14, 2025 | Thomas J Iannotti
Director
|
Sell | 100.0K | $1.7M |
| Aug 14, 2025 | Thomas J Iannotti
Director
|
Option | 100.0K | $117.0K |
| Jul 17, 2025 | Michael S. Clifton
Director
|
Sell | 25.0K | $425.0K |
| Jul 16, 2025 | Ray O Johnson
Director
|
Sell | 40.4K | $606.3K |
| Jul 16, 2025 | Michael S. Clifton
Director
|
Sell | 25.0K | $375.0K |
| Jun 12, 2025 | Alissa Fitzgerald
Director
|
Sell | 77.3K | $982.0K |
| Jun 10, 2025 | Michael S. Clifton
Director
|
Sell | 75.0K | $888.0K |
| Jun 10, 2025 | Helene Gail Sandford
Director
|
Sell | 47.6K | $533.0K |
| Jun 10, 2025 | Michael S. Clifton
Director
|
Grant | 14.9K | - |
| Jun 10, 2025 | Alissa Fitzgerald
Director
|
Grant | 14.9K | - |
| Jun 10, 2025 | Thomas J Iannotti
Director
|
Grant | 14.9K | - |
| Jun 10, 2025 | Ray O Johnson
Director
|
Grant | 14.9K | - |
| Jun 10, 2025 | Helene Gail Sandford
Director
|
Grant | 14.9K | - |
| May 21, 2025 | Jeffrey A Bertelsen
Chief Financial Officer
|
Sell | 231.3K | $2.7M |
| May 21, 2025 | David Rivas
Chief Technology Officer
|
Sell | 44.8K | $532.8K |
| May 20, 2025 | Subodh K Kulkarni
Chief Executive Officer
|
Sell | 1.0M | $12.0M |
| May 20, 2025 | Subodh K Kulkarni
Chief Executive Officer
|
Option | 1.0M | $963.8K |
| May 19, 2025 | Jeffrey A Bertelsen
Chief Financial Officer
|
Option | 218.8K | $131.3K |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 17, 2026.