University of Kwazulu-Natal

Rigetti Computing Rating Downgrade Driven By One News Page

Bonisiwe Shabane
-
rigetti computing rating downgrade driven by one news page

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 - Get Free Report) were down 1.2% during mid-day trading on Wednesday . The company traded as low as $21.93 and last traded at $22.15.

Approximately 23,055,970 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 69,407,094 shares. The stock had previously closed at $22.41. RGTI has been the topic of a number of research analyst reports. B. Riley cut their target price on Rigetti Computing from $42.00 to $35.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 12th. Jefferies Financial Group assumed coverage on Rigetti Computing in a research note on Tuesday, December 16th.

They set a "hold" rating and a $30.00 target price on the stock. Wedbush initiated coverage on shares of Rigetti Computing in a report on Wednesday, December 17th. They issued an "outperform" rating and a $35.00 price target on the stock. Alliance Global Partners restated a "buy" rating on shares of Rigetti Computing in a report on Tuesday, November 11th. Finally, Williams Trading set a $40.00 price objective on shares of Rigetti Computing in a research report on Tuesday, November 11th. Six equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company.

Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $31.22. The firm has a 50-day simple moving average of $28.89 and a 200-day simple moving average of $23.88. The stock has a market cap of $7.31 billion, a PE ratio of -17.04 and a beta of 1.68. Rigetti Computing (NASDAQ:RGTI - Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. Rigetti Computing had a negative return on equity of 21.98% and a negative net margin of 4,741.49%.The company had revenue of $1.95 million for the quarter, compared to analyst estimates of $2.17 million.

Rigetti Computing's revenue was down 18.1% on a year-over-year basis. On average, research analysts expect that Rigetti Computing, Inc. will post -0.34 earnings per share for the current year. In other news, Director Helene Gail Sandford sold 62,000 shares of the firm's stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $44.89, for a total value of $2,783,180.00. Following the completion of the transaction, the director directly owned 120,371 shares in the company, valued at approximately $5,403,454.19.

This trade represents a 34.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Get stock forecasts from Wall Street's highest rated professionals Our analyst star rankings are based on these four factors

People Also Search

Oakland, CA – November 13, 2025 – Rigetti Computing (NASDAQ:

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...

Riley Securities Initiated A Notable Shift In Its Stance, Downgrading

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 ...

Riley's, Citing Persistent Government Funding Delays And The Belief That

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...

By Wednesday, November 12th, Rigetti's Shares Were Down Another 9.9%

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 - Get Free Rep...

Approximately 23,055,970 Shares Traded Hands During Mid-day Trading, A Decline

Approximately 23,055,970 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 69,407,094 shares. The stock had previously closed at $22.41. RGTI has been the topic of a number of research analyst reports. B. Riley cut their target price on Rigetti Computing from $42.00 to $35.00 and set a "neutral" rating on the stock in a research note on Wednesday, Novemb...