University of Kwazulu-Natal

Rigetti Computing Nasdaq Rgti Stock Price Down 10 1 On Analyst Downgra

Bonisiwe Shabane
-
rigetti computing nasdaq rgti stock price down 10 1 on analyst downgra

Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) shares were down 10.1% on Tuesday after B. Riley downgraded the stock from a buy rating to a neutral rating. B. Riley now has a $42.00 price target on the stock, up from their previous price target of $35.00. Rigetti Computing traded as low as $34.65 and last traded at $35.18.

Approximately 54,465,111 shares changed hands during trading, a decline of 27% from the average daily volume of 74,782,766 shares. The stock had previously closed at $39.12. Several other brokerages have also recently weighed in on RGTI. Alliance Global Partners reissued a "buy" rating on shares of Rigetti Computing in a report on Wednesday, July 16th. Weiss Ratings reissued a "sell (e+)" rating on shares of Rigetti Computing in a report on Wednesday, October 8th. Williams Trading set a $50.00 price objective on Rigetti Computing in a report on Tuesday, October 7th.

Needham & Company LLC upped their price target on Rigetti Computing from $15.00 to $18.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Finally, Industrial Alliance Securities set a $18.00 price target on Rigetti Computing in a research note on Wednesday, July 16th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Rigetti Computing presently has a consensus rating of "Moderate Buy" and a consensus target price of $29.29. In related news, Director Thomas J. Iannotti sold 100,000 shares of the business's stock in a transaction that occurred on Friday, September 12th.

The stock was sold at an average price of $19.50, for a total value of $1,950,000.00. Following the completion of the transaction, the director directly owned 14,902 shares in the company, valued at approximately $290,589. The trade was a 87.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO David Rivas sold 44,355 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $14.85, for a total value of $658,671.75.

Following the completion of the transaction, the chief technology officer owned 730,568 shares of the company's stock, valued at $10,848,934.80. This represents a 5.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 454,204 shares of company stock worth $10,300,876 in the last three months. A number of large investors have recently bought and sold shares of RGTI. GAMMA Investing LLC boosted its position in Rigetti Computing by 1,813.0% during the 1st quarter.

GAMMA Investing LLC now owns 3,233 shares of the company's stock worth $26,000 after acquiring an additional 3,064 shares during the last quarter. IFP Advisors Inc boosted its position in Rigetti Computing by 146.1% during the 2nd quarter. IFP Advisors Inc now owns 2,190 shares of the company's stock worth $26,000 after acquiring an additional 1,300 shares during the last quarter. Quarry LP acquired a new position in Rigetti Computing during the 1st quarter worth approximately $31,000. Armstrong Advisory Group Inc. boosted its position in Rigetti Computing by 225.4% during the 2nd quarter.

Armstrong Advisory Group Inc. now owns 2,974 shares of the company's stock worth $35,000 after acquiring an additional 2,060 shares during the last quarter. Finally, Park Square Financial Group LLC acquired a new position in Rigetti Computing during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 35.38% of the company's stock. The business has a 50-day simple moving average of $31.60 and a two-hundred day simple moving average of $19.41. The stock has a market cap of $11.40 billion, a price-to-earnings ratio of -46.29 and a beta of 1.64.

Oakland, CA – November 13, 2025 – Rigetti Computing (NASDAQ: RGTI), a prominent player in the nascent quantum computing sector, saw its share price plummet by approximately 11% today, extending a week-long losing streak... This significant downturn follows a series of analyst downgrades and a disappointing third-quarter earnings report, signaling growing investor skepticism regarding the company's valuation and the broader commercial viability of quantum computing in the near... The sharp decline underscores a critical juncture for Rigetti and the wider quantum industry. As the market grapples with the gap between ambitious technological roadmaps and tangible financial performance, the recent events surrounding Rigetti could prompt a re-evaluation of high-growth, pre-profit companies in emerging tech sectors. The current volatility for Rigetti Computing began to escalate in early November with a series of critical reassessments from financial analysts. On November 3rd, B.

Riley Securities initiated a notable shift in its stance, downgrading Rigetti from a "Buy" to a "Neutral" rating. While B. Riley simultaneously raised its price target on RGTI shares from $35 to $42, the rationale behind the downgrade centered on concerns that the stock's explosive rally—a staggering 3,499% over the past year and 190%... government funding authorizations, a crucial revenue stream for the company. This initial downgrade saw RGTI shares slip by 10.26% on the day. Echoing similar sentiments, Raymond James followed suit around November 10th, downgrading RGTI stock from "Buy" to "Hold." Their reasoning largely aligned with B.

Riley's, citing persistent government funding delays and the belief that much of the stock's future potential was already factored into its lofty price. The negative sentiment was further compounded on November 11th when a Seeking Alpha analyst issued a "Sell" rating, pointing to Rigetti's weak financials, characterized by declining revenue and widening losses, an "extremely high valuation"... The company's third-quarter fiscal 2025 results, released after market close on Monday, November 10th, acted as another significant catalyst for the negative market reaction. While Rigetti technically surpassed EPS estimates by reporting a non-GAAP net loss of $0.03 per share (against an expected $0.05), it significantly missed revenue expectations, posting only $1.9 million against a consensus estimate of... This revenue shortfall, an 18% decline year-over-year, contributed to shares falling 2.4% in after-hours trading on Monday. The losses extended into the week, with the stock plunging over 8% on Tuesday, November 11th.

By Wednesday, November 12th, Rigetti's shares were down another 9.9% after B. Riley further cut its price target to $35 from $42, albeit maintaining a neutral rating. The cumulative effect culminated in Rigetti's shares closing down 9.87% today, November 13th, at $28.30 per share, extending its losing streak for a fifth consecutive day. Shares of Rigetti Computing Inc. (NASDAQ:RGTI) slipped Monday after B. Riley Securities analyst Craig Ellis downgraded the stock from Buy to Neutral, even as he raised the price forecast from $35 to $42.

The pullback follows a recent rally fueled by speculation that the U.S. Commerce Department was considering taking equity stakes in key quantum computing firms, including Rigetti, to bolster national security. Although the department later clarified it was not engaged in active talks, the report had already sparked optimism about potential government support for the sector. Also Read: Rigetti, Joby, QuantumScape — Meet The $0 Revenue Moonshots The quantum computing space also drew renewed attention during NVIDIA Corporation’s (NASDAQ:NVDA) GTC event in Washington, D.C., which featured discussions on advancements in quantum technology. NEW YORK, Dec.

27, 2025, 2:06 p.m. ET — Market Closed (Weekend) Rigetti Computing, Inc. (NASDAQ: RGTI) heads into the final trading days of 2025 on a volatile note after a sharp pullback in Friday’s post‑Christmas session. Shares ended Dec. 26 at $22.38, down $2.13 (‑8.69%), after trading as low as $22.33 and as high as $24.37.

In after-hours trading, RGTI was last quoted around $22.46 (+0.36%) late Friday evening. AAII+2Yahoo Finance+2 With U.S. markets closed for the weekend, investors now have a full news cycle to digest a wave of fresh commentary published over the past 24–48 hours—from “big money” ownership spotlights to sharply different 2026 forecasts—before... Friday’s drop stood out not only for its size, but for how quickly sentiment turned after earlier-week momentum in high‑beta “pure-play” quantum names. Benzinga described the move as a Friday afternoon reversal following a surge earlier in the week, attributing the volatility to a mix of retail-driven momentum, sector-wide optimism, and thinner institutional participation during the holiday...

Benzinga Written by Johnny Rice for The Motley Fool-> Shares of Rigetti Computing (NASDAQ: RGTI) are plummeting on Tuesday. The quantum computing company's stock plunged 10% as of 12:46 p.m. ET and was down as much as 12.5% earlier in the day. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 0.8% and 1.6%, respectively.

The quantum computing pioneer reported mixed Q1 2025 results on Monday after the market closed. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Rigetti posted its first-quarter results on Monday, revealing earnings per share (EPS) of $0.13. For the same period last year, the company lost $0.14 per share.

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum processing unit under the Novera QPU trade name; 84-qubit Ankaa-3 system under the name Novera QPU; and sells access to its quantum computers through QCa... [Read more] In 2024, Rigetti Computing's revenue was $10.79 million, a decrease of -10.14% compared to the previous year's $12.01 million. Losses were -$200.99 million, 167.6% more than in 2023.

People Also Search

Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) Shares Were

Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) shares were down 10.1% on Tuesday after B. Riley downgraded the stock from a buy rating to a neutral rating. B. Riley now has a $42.00 price target on the stock, up from their previous price target of $35.00. Rigetti Computing traded as low as $34.65 and last traded at $35.18.

Approximately 54,465,111 Shares Changed Hands During Trading, A Decline Of

Approximately 54,465,111 shares changed hands during trading, a decline of 27% from the average daily volume of 74,782,766 shares. The stock had previously closed at $39.12. Several other brokerages have also recently weighed in on RGTI. Alliance Global Partners reissued a "buy" rating on shares of Rigetti Computing in a report on Wednesday, July 16th. Weiss Ratings reissued a "sell (e+)" rating o...

Needham & Company LLC Upped Their Price Target On Rigetti

Needham & Company LLC upped their price target on Rigetti Computing from $15.00 to $18.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Finally, Industrial Alliance Securities set a $18.00 price target on Rigetti Computing in a research note on Wednesday, July 16th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and o...

The Stock Was Sold At An Average Price Of $19.50,

The stock was sold at an average price of $19.50, for a total value of $1,950,000.00. Following the completion of the transaction, the director directly owned 14,902 shares in the company, valued at approximately $290,589. The trade was a 87.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyper...

Following The Completion Of The Transaction, The Chief Technology Officer

Following the completion of the transaction, the chief technology officer owned 730,568 shares of the company's stock, valued at $10,848,934.80. This represents a 5.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 454,204 shares of company stock worth $10,300,876 in the last three months. A number of large investors have rece...