Rgti Stock Down Despite Q2 Earnings Top Estimates Revenues Nasdaq

Bonisiwe Shabane

-Jan 2, 2026, 1:52 PM

rgti stock down despite q2 earnings top estimates revenues nasdaq

Written by Zacks Equity Research for Zacks-> Rigetti Computing RGTI reported second-quarter 2025 adjusted loss per share of 5 cents, narrower than the loss per share of 7 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 16.7%. GAAP loss per share in the reported quarter was 13 cents compared with the loss per share of 7 cents in the prior-year quarter. Shares of this company lost nearly 2.6% in today’s pre-market hours. The company’s shares have gained 3% in the year-to-date period compared with the industry’s growth of 20.5%.

The broader S&P 500 Index has increased 8.2% in the same time frame. The company reported total revenues of $1.8 million, down 41.6% year over year. The top line missed the Zacks Consensus Estimate by 5.7%. Rigetti Computing (RGTI) reported a bigger-than-expected second quarter loss while revenue missed Wall Street consensus estimates. Financial results season is winding up for quantum computing stocks. Rigetti stock fell on the Q2 results.

Meanwhile, Quantum Computing (QUBT) reports Thursday. Rigetti reported Q2 earnings after the market close on Tuesday. For the June quarter, Rigetti reported a 13 cent loss per… 12/22/2025 Quantum computing stocks got Wall Street's attention in 2025 as JPMorgan, Jefferies, Evercore ISI, Cantor and Mizuho initiated coverage. 12/22/2025 Quantum computing stocks got Wall Street's attention in 2025 as... Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20!

Get market updates, educational videos, webinars, and stock analysis. Rigetti Computing (NASDAQ:RGTI) Q2 2025 Earnings: Revenue and EPS Miss Estimates, Shares Decline Rigetti Computing (NASDAQ:RGTI) reported its second-quarter 2025 financial results, falling short of analyst expectations on both revenue and earnings per share (EPS). The quantum computing company posted revenue of $1.8 million, missing the consensus estimate of $1.91 million. Meanwhile, the net loss per share came in at -$0.056, worse than the anticipated -$0.0471. Following the earnings release, Rigetti’s stock declined in after-hours trading, dropping approximately 2.6%, reflecting investor disappointment with the results.

Over the past month, shares had gained 27.4%, but the post-earnings reaction suggests concerns about the company’s near-term financial performance. The revenue miss and wider-than-expected loss likely contributed to the negative market response. While Rigetti maintains a strong cash position, investors may be scrutinizing the company’s ability to scale revenue alongside its technological advancements. Rigetti announced the general availability of its 36-qubit multi-chip quantum computer, Cepheus-1-36Q, which the company claims achieves a median two-qubit gate fidelity of 99.5%—a significant improvement over previous systems. The company also reiterated its goal to release a 100+ qubit system by the end of 2025. Rigetti Computing, Inc.

(NASDAQ:RGTI) released its second-quarter results after Tuesday's closing bell. Here's a look at the details in the report. The Details: Rigetti Computing reported quarterly losses of 13 cents per share, which missed the analyst consensus estimate for losses of six cents. Quarterly revenue came in at $1.8 million, which missed the analyst consensus estimate of $1.88 million and is down from revenue of $3.086 million from the same period last year. Read Next: Retail Crowd’s Top Stocks With Earnings This Week: Archer, Rigetti, Oklo And More For the second quarter, Rigetti reported:

BSX Quick QuoteBSX WST Quick QuoteWST MEDP Quick QuoteMEDP RGTI Quick QuoteRGTI Rigetti Computing (RGTI Quick QuoteRGTI - Free Report) reported second-quarter 2025 adjusted loss per share of 5 cents, narrower than the loss per share of 7 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 16.7%. GAAP loss per share in the reported quarter was 13 cents compared with the loss per share of 7 cents in the prior-year quarter. Shares of this company lost nearly 2.6% in today’s pre-market hours. The company’s shares have gained 3% in the year-to-date period compared with the industry’s growth of 20.5%.

The broader S&P 500 Index has increased 8.2% in the same time frame. The company reported total revenues of $1.8 million, down 41.6% year over year. The top line missed the Zacks Consensus Estimate by 5.7%. Rigetti Computing RGTI reported second-quarter 2025 adjusted loss per share of 5 cents, narrower than the loss per share of 7 cents in the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of earnings by 16.7%. GAAP loss per share in the reported quarter was 13 cents compared with the loss per share of 7 cents in the prior-year quarter.

Shares of this company lost nearly 2.6% in today’s pre-market hours. The company’s shares have gained 3% in the year-to-date period compared with the industry’s growth of 20.5%. The broader S&P 500 Index has increased 8.2% in the same time frame. The company reported total revenues of $1.8 million, down 41.6% year over year. The top line missed the Zacks Consensus Estimate by 5.7%. Per management, on a year-over-year basis, quarterly revenue was impacted by the expiration of the U.S.

National Quantum Initiative and the pending reauthorization in the U.S. Congress. The renewal of this initiative, along with sales to the United States and international government entities and contributions from Novera, will be critical to driving future growth. Shares of Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) were down 6.6% during mid-day trading on Tuesday . The company traded as low as $24.91 and last traded at $25.11.

Approximately 34,284,302 shares traded hands during trading, a decline of 51% from the average daily volume of 70,284,508 shares. The stock had previously closed at $26.88. A number of analysts recently weighed in on the company. Wedbush began coverage on Rigetti Computing in a research note on Wednesday, December 17th. They issued an "outperform" rating and a $35.00 price target on the stock. Jefferies Financial Group assumed coverage on shares of Rigetti Computing in a research report on Tuesday, December 16th.

They set a "hold" rating and a $30.00 target price on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Rigetti Computing in a research note on Monday. Mizuho initiated coverage on shares of Rigetti Computing in a report on Thursday, December 11th. They issued an "outperform" rating and a $50.00 price target for the company. Finally, Benchmark decreased their price objective on shares of Rigetti Computing from $50.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, November 11th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company.

According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $31.22. The firm has a market capitalization of $8.29 billion, a PE ratio of -19.32 and a beta of 1.69. The firm's 50-day moving average is $31.86 and its 200 day moving average is $23.37. Rigetti Computing (NASDAQ:RGTI - Get Free Report) last posted its earnings results on Monday, November 10th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.02. Rigetti Computing had a negative net margin of 4,741.49% and a negative return on equity of 21.98%.

The firm had revenue of $1.95 million during the quarter, compared to the consensus estimate of $2.17 million. Rigetti Computing's revenue for the quarter was down 18.1% compared to the same quarter last year. As a group, equities analysts anticipate that Rigetti Computing, Inc. will post -0.34 earnings per share for the current year. In related news, Director Helene Gail Sandford sold 62,000 shares of Rigetti Computing stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $44.89, for a total transaction of $2,783,180.00.

Following the completion of the transaction, the director directly owned 120,371 shares in the company, valued at $5,403,454.19. The trade was a 34.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Rgti Stock Down Despite Q2 Earnings Top Estimates Revenues Nasdaq

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