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Technology - Computer Hardware - NASDAQ - US
$ 13.45
2.83 %
$ 3.93 B
Market Cap
-16.81
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one RGTI stock under the worst case scenario is HIDDEN Compared to the current market price of 13.4 USD, Rigetti Computing, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one RGTI stock under the base case scenario is HIDDEN Compared to the current market price of 13.4 USD, Rigetti Computing, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one RGTI stock under the best case scenario is HIDDEN Compared to the current market price of 13.4 USD, Rigetti Computing, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RGTI

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$20.0$20.0$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0$8.0$8.0$6.0$6.020252025Feb '25Feb '25Mar '25Mar '25Apr '25Apr '25May '25May '25Jun '25Jun '25Jul '25Jul '25
FINANCIALS
10.8 M REVENUE
-10.14%
-68.5 M OPERATING INCOME
5.24%
-201 M NET INCOME
-167.60%
-50.6 M OPERATING CASH FLOW
-0.09%
-78.4 M INVESTING CASH FLOW
-10137.39%
175 M FINANCING CASH FLOW
1226.22%
1.47 M REVENUE
-35.27%
-21.6 M OPERATING INCOME
-16.97%
42.6 M NET INCOME
127.86%
-13.7 M OPERATING CASH FLOW
-59.77%
-23.6 M INVESTING CASH FLOW
69.57%
6.94 M FINANCING CASH FLOW
-94.81%
Balance Sheet Rigetti Computing, Inc.
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Current Assets 207 M
Cash & Short-Term Investments 192 M
Receivables 2.43 M
Other Current Assets 12.2 M
Non-Current Assets 78 M
Long-Term Investments 25.1 M
PP&E 52.6 M
Other Non-Current Assets 325 K
67.45 %4.30 %8.80 %18.48 %Total Assets$284.8m
Current Liabilities 11.9 M
Accounts Payable 1.59 M
Short-Term Debt 2.16 M
Other Current Liabilities 8.12 M
Non-Current Liabilities 146 M
Long-Term Debt 0
Other Non-Current Liabilities 146 M
5.13 %92.50 %Total Liabilities$158.2m
EFFICIENCY
Earnings Waterfall Rigetti Computing, Inc.
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Revenue 10.8 M
Cost Of Revenue 5.09 M
Gross Profit 5.7 M
Operating Expenses 74.2 M
Operating Income -68.5 M
Other Expenses 132 M
Net Income -201 M
50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)11m(5m)6m(74m)(69m)(132m)(201m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
52.80% GROSS MARGIN
52.80%
-634.94% OPERATING MARGIN
-634.94%
-1862.72% NET MARGIN
-1862.72%
-158.77% ROE
-158.77%
-70.57% ROA
-70.57%
-24.91% ROIC
-24.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Rigetti Computing, Inc.
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00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)(60m)(60m)(70m)(70m)(80m)(80m)(90m)(90m)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Net Income -201 M
Depreciation & Amortization 6.91 M
Capital Expenditures -11.1 M
Stock-Based Compensation 13.1 M
Change in Working Capital -3.08 M
Others 129 M
Free Cash Flow -61.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Rigetti Computing, Inc.
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Wall Street analysts predict an average 1-year price target for RGTI of $2 , with forecasts ranging from a low of $2 to a high of $2 .
RGTI Lowest Price Target Wall Street Target
2 USD -85.13%
RGTI Average Price Target Wall Street Target
2 USD -85.13%
RGTI Highest Price Target Wall Street Target
2 USD -85.13%
Price
Max Price Target
Min Price Target
Average Price Target
2020181816161414121210108866442200Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Rigetti Computing, Inc.
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Sold
0-3 MONTHS
17.9 M USD 6
3-6 MONTHS
6.44 M USD 2
6-9 MONTHS
6.61 M USD 5
9-12 MONTHS
145 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Rigetti Computing, Inc. (RGTI) Declines More Than Market: Some Information for Investors Rigetti Computing, Inc. (RGTI) closed at $11.06 in the latest trading session, marking a -2.56% move from the prior day. zacks.com - 2 weeks ago
Rigetti Stock: The Quantum 10x You Can't Ignore Rigetti Computing (RGTI -1.09%) is on the verge of changing the world with quantum computing, but is it a speculative gamble or the next tech breakthrough? Learn why Rigetti is at the cutting edge of technology, what the financial risks are, and why this stock could potentially 10x in the next few years. fool.com - 2 weeks ago
Pure-Play Quantum in Focus: IONQ, QBTS Shine, RGTI a Wait-and-See IonQ and D-Wave Quantum impress with tech strides and revenue jumps, as Rigetti struggles to retain investor confidence. zacks.com - 2 weeks ago
Rigetti Targets Commercial Traction With QPU-as-a-Service Strategy RGTI focuses on QPU-as-a-Service, expanding cloud access to its Ankaa-2 system as it pursues near-term commercial traction. zacks.com - 2 weeks ago
Want to Invest in Quantum Computing? 3 Stocks That Are Great Buys Right Now Quantum computing is often considered the next frontier for the tech industry. Unlike traditional computers, which store their data separately in binary bits of zeros and ones, quantum computers can process those bits simultaneously in qubits. fool.com - 2 weeks ago
Rigetti Computing: Selling More Shares Than Quantum Computers Rigetti Computing is rapidly diluting shareholders by issuing more stock to raise capital, giving the company ~$575 million in cash now. The quantum computing sector is highly competitive, with giants like IBM and Nvidia intensifying their efforts. Rigetti is forecast to sell minimal quantum computers through the end of the decade. seekingalpha.com - 2 weeks ago
Seeking Quantum Computing Exposure? 2 Stocks Worth a Look The quantum computing theme is certainly in play, with the trend expected to remain strong as companies continue to unlock the technology's powers. zacks.com - 3 weeks ago
RGTI Trails Quantum Rivals in the Past Month: Time to Hold or Sell? Rigetti Computing RGTI posted an impressive year-to-date gain, but a closer look at recent developments reveals growing competitive pressure. Recently, industry players like IonQ IONQ and D-Wave Quantum QBTS, along with technology leaders like International Business Machines IBM, extended their lead in both quantum advancement and commercialization. zacks.com - 3 weeks ago
Is Rigetti Computing a Buy? Rigetti Computing (RGTI -3.35%), a quantum computing company that makes hardware, software, and cloud systems for the technology, has seen its share price surge more than 1,000% over the past year. Whenever a company's stock goes like absolute gangbusters, it's worth taking a closer look and asking, "What makes this company so special? fool.com - 3 weeks ago
Better Quantum Computing Stock: Rigetti Computing or IonQ? Quantum computing stocks are still quite hot in the market, although their week-to-week performance can be incredibly volatile. For example, one of the more popular quantum computing plays, Rigetti Computing (RGTI -3.12%), set a new all-time high right at the end of 2024, but plunged 70% just a few weeks into 2025. fool.com - 3 weeks ago
Rigetti Computing Stock Down 37% As Nvidia CEO Sees ‘Inflection Point' Nvidia CEO says quantum computing is reaching “an inflection point” and Rigetti Computing stock is up slightly — but down 37% in 2025. Should you buy? forbes.com - 3 weeks ago
Rigetti Sharpens Focus on Modular, High-Fidelity Quantum Pipeline RGTI doubles down on modular, high-fidelity quantum builds with Ankaa-3 and a roadmap targeting scalable, low-latency systems. zacks.com - 3 weeks ago
8. Profile Summary

Rigetti Computing, Inc. RGTI

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COUNTRY US
INDUSTRY Computer Hardware
MARKET CAP $ 3.93 B
Dividend Yield 0.00%
Description Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
Contact 775 Heinz Avenue, Berkeley, CA, 94710 https://www.rigetti.com
IPO Date April 22, 2021
Employees 137
Officers Mr. David Rivas Chief Technology Officer Ms. Jackie Kaweck Senior Vice President of Human Resources Dr. Andrew Bestwick Senior Vice President of Quantum Systems Luke Kuipers Corporate Secretary Mr. Mike Pelstring Senior Vice President of Engineering Dr. Subodh K. Kulkarni Ph.D. Chief Executive Officer, President & Director Mr. Jeffrey A. Bertelsen Chief Financial Officer