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Rigetti Computing Rating Downgrade Driven By Overheated Valuation

Bonisiwe Shabane
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rigetti computing rating downgrade driven by overheated valuation

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. 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. According to 8 analysts, the average rating for RGTI stock is "Buy." The 12-month stock price target is $29.38, which is an increase of 32.64% from the latest price. When it comes to investing themes over the past several years, stocks with exposure to artificial intelligence or building AI products have been widely followed. A market expert shares with Benzinga w...

Charlie Garcia responds to readers about the opportunities and obstacles for investors in quantum computing. Please use a PC Browser to access Register-Tadawul Rigetti Computing (RGTI): Evaluating Valuation Following Weaker Results, Missed Contracts, and Analyst Downgrades Rigetti Computing (RGTI) shares have come under pressure following the company’s third-quarter earnings release. Revenue landed below last year’s mark, and net losses widened. This disappointing financial update has quickly dampened recent investor enthusiasm.

Rigetti Computing’s stock soared nearly 1,800% over the past year on quantum hype, yet recent weeks have brought a dramatic shift. After missing earnings expectations and losing out on a key government contract, the share price has reversed sharply, with a 46.8% decline in the last 30 days and a 25.4% slide this past week. Long-term total shareholder returns remain extraordinary, but momentum has clearly faded as risk perception grows. If recent volatility has you curious about other innovators shaking up tech, you might want to see the opportunities in See the full list for free. New York — Dec. 26, 2025, 11:13 p.m.

ET — Rigetti Computing, Inc. (NASDAQ: RGTI) closed the post‑Christmas session sharply lower in a market that was otherwise drifting near record levels in thin, year‑end trading. Reuters+1 RGTI ended Friday around $22.38, down roughly 8.6% on the day after trading between about $24.51 and $22.34, with volume above 28 million shares—a big number for a stock that has become one of... MarketBeat This article breaks down the latest Rigetti‑specific developments, the current analyst landscape and forecasts, and—because U.S.

exchanges are closed right now—what investors should keep in mind heading into the next regular session on Monday, Dec. 29 (9:30 a.m. to 4:00 p.m. ET). New York Stock Exchange+1 Friday’s drop came during a low‑volume, post‑holiday session where major indexes barely moved.

The S&P 500 slipped to 6,929.94, the Dow dipped to 48,710.97, and the Nasdaq eased to 23,593.10, according to AP—typical “between Christmas and New Year’s” tape action. AP News+1 In that kind of market, high‑beta, story‑driven stocks can swing harder than the averages, especially when the shareholder base is dominated by shorter‑horizon traders and options activity. That dynamic has been a defining feature of “Quantum 4” names—including Rigetti—throughout 2025. Reuters+1

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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. Rigetti Computing, Inc., through its subsidiaries, builds qua...

[Read More] In 2024, Rigetti Computing's Revenue Was $10.79 Million,

[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. According to 8 analysts, the average rating for RGTI stock is "Buy." The 12-month stock price target is $29.38, which is an increase of 32.64% from the latest price. When it comes to investing themes over ...