Rigetti Computing Time To Sell Rating Downgrade Nasdaq Rgti

Bonisiwe Shabane

-Jan 2, 2026, 3:46 PM

rigetti computing time to sell rating downgrade nasdaq rgti

Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report) dropped 14.9% on Thursday . The company traded as low as $46.87 and last traded at $47.97. Approximately 136,128,908 shares traded hands during trading, an increase of 84% from the average daily volume of 74,037,703 shares. The stock had previously closed at $56.34. RGTI has been the topic of a number of research reports.

Needham & Company LLC lifted their price target on shares of Rigetti Computing from $15.00 to $18.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Cantor Fitzgerald initiated coverage on shares of Rigetti Computing in a research note on Wednesday, July 2nd. They issued an "overweight" rating and a $15.00 price target for the company. Benchmark increased their price target on Rigetti Computing from $20.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, October 7th. Industrial Alliance Securities set a $18.00 target price on Rigetti Computing in a research note on Wednesday, July 16th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of Rigetti Computing in a report on Wednesday, October 8th.

Six research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $28.29. Read Our Latest Stock Analysis on Rigetti Computing The stock has a market cap of $15.55 billion, a price-to-earnings ratio of -63.12 and a beta of 1.60. The business's 50-day simple moving average is $25.01 and its two-hundred day simple moving average is $16.25. Rigetti Computing (NASDAQ:RGTI - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th.

The company reported ($0.05) EPS for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. Rigetti Computing had a negative return on equity of 29.05% and a negative net margin of 2,134.92%.The firm had revenue of $1.80 million for the quarter, compared to analyst estimates of $1.87 million. Equities research analysts forecast that Rigetti Computing, Inc. will post -0.34 earnings per share for the current year. 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. Get stock forecasts from Wall Street's highest rated professionals Our analyst star rankings are based on these four factors Rigetti Computing Inc (NASDAQ:RGTI) is trading lower Friday afternoon, marking a reversal after a surge earlier in the week driven by retail momentum and sector-wide optimism. The recent volatility comes amid a classic Santa Rally, where retail investors earlier this week rotated into high-beta quantum stocks while institutional trading desks thin out for the holidays. What To Know: Earlier gains this week were fueled by a wave of social media sentiment focused on Rigetti’s 2026 roadmap, which promises higher-qubit systems and significantly lower error rates.

This retail interest was compounded by a halo effect from peers like IonQ and D-Wave, which also saw spikes following strategic milestones and bullish analyst coverage. Notably, Wedbush recently initiated coverage on Rigetti with an Outperform rating and a $35 price target, citing the company’s advanced chiplets and vertically integrated production capabilities as key differentiators. Market observers note that this week’s price action fits the pattern of a “Holiday Gap,” where lower trading volumes between Dec. 20 and New Year’s allow retail sentiment to move small-cap stocks more aggressively. While retail investors likely drove the stock higher earlier in the week on the belief that the “quantum age” could arrive by 2026, Friday’s downturn suggests a pause in the momentum as the holiday... 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

Rigetti Computing’s RGTI second-quarter 2025 results painted a picture of a company balancing short-term revenue challenges with long-term promise. Revenue came in at $1.8 million, down from $3.1 million in the prior year. Gross margin also narrowed to 31% from 64%, reflecting lower-margin government contracts. Even so, Rigetti strengthened its position by raising $350 million through an equity offering, ending the quarter with a healthy $571.6 million in cash and no debt. That financial cushion gives the company flexibility to continue investing aggressively in research and development while weathering near-term losses. On the innovation side, Rigetti continued to push boundaries.

The company introduced Cepheus-1-36Q, the largest multichip quantum computer demonstrated to date, achieving a two-fold reduction in error rates compared with its earlier system. Management expressed confidence in delivering a 100-plus qubit chiplet-based system with 99.5% gate fidelity before year-end, underscoring its focus on scaling toward quantum advantage. While peers such as Arqit Quantum ARQQ, D-Wave Quantum QBTS, and Quantum Computing Inc. QUBT pursue alternative paths ranging from quantum encryption to annealing and software-first solutions, Rigetti’s progress in superconducting qubits highlights a differentiated strategy aimed at building scalable, fault-tolerant hardware. For investors, the key will be monitoring Rigetti’s ability to sustain this technical momentum, the reauthorizing of the National Quantum Initiative and the company’s progress in converting its strong cash position into meaningful commercial... Rigetti’s shares have held up better than some quantum peers in the year-to-date period, even as the sector remains volatile.

RGTI stock has gained 9.1% so far this year. Shares of QUBT and ARQQ have lost 7.4% and 15.2%, respectively. By contrast, QBTS has surged 102.5% over the same timeframe. The broader Zacks Internet - Software Industry has advanced 22.9%, showing that Rigetti continues to make steady progress while outpacing certain competitors.

Rigetti Computing Time To Sell Rating Downgrade Nasdaq Rgti

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