Rigetti Computing Nasdaqcm Rgti Shares Drop 10 In A Week After Us 11

Bonisiwe Shabane

-Jan 2, 2026, 1:50 PM

rigetti computing nasdaqcm rgti shares drop 10 in a week after us 11

Rigetti Computing Inc (NASDAQ:RGTI) and other quantum computing stocks are trading lower on Wednesday afternoon, caught in a broader market downturn. Here’s what investors need to know. What To Know: The sell-off is exacerbated by a Reuters report that the U.S. is considering new curbs on exports of technology utilizing U.S. software to China. This move has cast a shadow over the tech sector, creating uncertainty and prompting investors to reduce their exposure to companies with potential international supply chain vulnerabilities.

The decline comes despite a recent surge in optimism for the quantum computing industry. Just last week, the sector received a boost from news that JPMorgan Chase was considering significant investments in quantum computing as part of a national security initiative. The Trump administration has also shown support for the industry, signing the National Quantum Initiative Act to accelerate development. The potential for new export restrictions is a significant headwind that is currently overshadowing the long-term positive outlook for companies like Rigetti. The new regulations could limit market access and increase operational costs, creating a challenging environment for growth and innovation in the near term. Benzinga Edge Rankings: Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

Despite Wednesday’s downturn, RGTI maintains an exceptional Benzinga momentum score of 99.89. Written by Scott Levine for The Motley Fool-> Rigetti Computing reported disappointing third-quarter 2025 financial results on Monday. Two analysts downwardly revised their price targets during the week. Rigetti stock is a potential buy for investors with multiyear investing horizons. It's not only the foliage that has been steadily falling these past few days.

After dropping almost 24% last week, Rigetti Computing (NASDAQ: RGTI) has extended its slide and tumbled lower this week. With the company reporting a disappointing third-quarter 2025 performance and analysts espousing more bearish views on the quantum computing stock, investors have found sufficient reason to click the sell button. 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. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services.

© 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Rigetti Computing Inc.’s stock is facing pressure due to recent concerns over operational challenges and market competition in the quantum computing sector.

On Monday, Rigetti Computing Inc.’s stocks have been trading down by -3.07 percent. Live Update At 16:04:42 EST: On Monday, February 10, 2025 Rigetti Computing Inc. stock [NASDAQ: RGTI] is trending down by -3.07%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below. As Tim Bohen, lead trainer with StocksToTrade says, “Time and experience have taught me that missed opportunities are part of the game. There’s always another setup around the corner.” Seasoned traders often encounter this truth in their trading journey.

Despite an ever-changing market, one must remain vigilant and ready to capitalize on the next opportunity that arises. In assessing Rigetti Computing Inc.’s recent earnings, the figures invite both caution and curiosity. The company reported a revenue of around $12M with a gross margin standing strong at about 60.6%, suggesting that while they’re bringing in money effectively, they aren’t necessarily keeping much of it. With an EBIT margin deep in negative territory (-489.4%) and a profitability ratio showing significant struggles, it’s evident the path to profitability is rugged. Volatility continues to be a hallmark, as seen in the recent price data. A peek into the multi-day chart reveals sharp fluctuations: from January 30 to February 10, prices danced between highs of close to $14 and lows nudging $12.

Equally telling was the intraday activity, with prices bobbing significantly, creating waves in the market pond. This mirrors the high-risk-high-reward nature of quantum investments. Rigetti Computing (NasdaqCM:RGTI) experienced a 10% share price decline over the past week amid a turbulent market and alongside several significant developments within the company. The announcement of a substantial net loss for the full year 2024, with sales falling to $10.79 million, contrasted sharply with rising losses from the previous year, which likely weighed on investor confidence. Additionally, news of executive changes with Cathy McCarthy deciding not to stand for re-election and the completion of a private placement with Quanta Computer Inc. attracted attention but failed to offset the cumulative market pressures, which generally declined by 1.8% during the same period.

Be aware that Rigetti Computing is showing 4 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable. Find companies with promising cash flow potential yet trading below their fair value. Over the last year, Rigetti Computing's total shareholder return was very large, reflecting a positive trajectory despite operational challenges. This performance significantly outpaced both the US Market's 5.5% return and the US Semiconductor industry's 2.5% return, showcasing investor optimism amidst broader industry pressures. A key driver of this impressive return was the anticipation surrounding the launch of the advanced 84-qubit Ankaa-3 system, announced on December 23, 2024, expected to enhance computing abilities on major platforms like Amazon... Additionally, the December 9, 2024 decision to pay off a US$10.5 million loan signified a strategic move to streamline financial liabilities.

The company's successful follow-on equity offering on November 25, 2024, which raised US$100 million, further fortified its capital structure. However, investor sentiment has been tested with developments such as the Nasdaq delisting notice on September 17, 2024, which introduced regulatory compliance challenges.

Rigetti Computing Nasdaqcm Rgti Shares Drop 10 In A Week After Us 11

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