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RGRGTI

Rigetti Computing, Inc.

$RGTI·$5.5B·Computer Hardware·Technology
$14.11+0.1%YTD-37.5%1Y-17.7%
Mentions · last 7 days
2026-07-11: 1,067 posts2026-07-12: 576 posts2026-07-13: 766 posts2026-07-14: 636 posts2026-07-15: 833 posts2026-07-16: 910 posts2026-07-17: 479 posts5,407+21%
Price updated 4h ago·X counts updated 4h ago
RGRGTI
$RGTIRigetti Computing, Inc.
$14.11+0.07%5.4k posts+21%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $RGTI, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeWinding up for a moveAI verdict · as of 2026-07-16

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Pre-revenue quantum computing at a $5.5B cap — the falling-wedge setup is real, so is the 686x price-to-sales.

Rigetti Computing is one of the pure-play quantum computing bets on the public market, still pre-revenue-at-scale but with the technical narrative and capital rotation the crowd is starting to price. The chart is coiling into a falling-wedge base and the AI-to-quantum capital rotation is the story bulls are underwriting.

  • The revenue base is showing real acceleration for the first time: Q1 2026 revenue grew 199% YoY to $4.4M, roughly triple the pace of a year ago — the raw number is still tiny, but the growth line is what the market rewards for pre-commercial quantum names.
  • The valuation is dislocated even by quantum standards: 686x trailing sales, cash losses of roughly $20M per quarter, and analyst FY29 revenue only $129M — for the current cap to make sense, quantum has to move from research to production revenue over the next 24-36 months, which is the whole thesis but not a settled matter.
  • The insider print isn't reassuring: director Ray Johnson sold $1.7M at $20.55 on June 22 — a real dollar sale by a director just before the stock's -24% pullback from the 50-day MA suggests he wasn't expecting the second-leg the technical crowd is modelling.

The August 11 Q2 earnings and any specific commentary on the Quantinuum IPO comparable are the near-term tells. A break above $17.55 confirms the falling-wedge for the chart bulls; a break below the March low near $12.53 kills the higher-lows structure and invalidates the setup.

Agrees with X sentimentX is bullish on the falling-wedge higher-lows setup, the AI-capital rotation into quantum, and specific targets of $32.80-$42.23 — mechanics partly back that: Q1 revenue +199% YoY validates the growth line, and the sector re-rating around the Quantinuum IPO is real. The tension X isn't emphasizing: 686x trailing sales still requires quantum to become production revenue on a 2-3 year clock, and director Ray Johnson's $1.7M June sale at $20.55 undercuts the 'insiders bullish' narrative on the same setup.

What to watch: The August 11 Q2 earnings and any commentary on Quantinuum IPO read-through. Chart levels: break above $17.55 confirms the wedge for bulls; break below the March low near $12.53 kills the higher-lows structure and pulls the tape toward $10.

On the calendar: 2026-08-11 — Q2 earnings

float missing

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment9 posts analyzed · as of 2026-07-14

Rigetti Computing chatter frames a falling-wedge reversal setup with the stock making higher lows off a March bottom near $12.53, a fresh buy zone between $14.25 and $18.36 and price targets of $32.80-$42.23. Bulls describe capital rotating out of crowded mega-cap AI into quantum names including RGTI and IONQ, with a break above $17.55 flagged to confirm the trend change and levels of $19.80 and $23.57 as next resistance.

Read the AI verdict + X sentiment for $RGTI

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What it does

Plain-English summary of the business — what they sell and how they make money.

Builds superconducting quantum processors and offers cloud-based quantum computing services for research and enterprise.

Industry overviewAI analysisGenerated by AI from underlying data

Where Computer Hardware sits in its cycle right now — and what that implies for $RGTI.

Computer Hardware · Technology

No material change from last week — STX and WDC (SanDisk spinoff) benefit from LLM training requiring petabyte-scale nearline storage infrastructure.

What this means for $RGTI

Neutral — Builds superconducting quantum processors and offers cloud-based quantum computing services for research and enterprise; limited exposure means the LLM training data storage demand pulling HDD/SSD production cycle is not a near-term catalyst or headwind.

Top industry ETF

$SOXXiShares Semiconductor ETF
+69.1%YTD
+111.7%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-30.4How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-15.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-8.9%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-1.2%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
686.3Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-43.9%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
-19.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q1 2026May 11, 2026$-0.04$-0.04+2.0%
Q4 2025Mar 4, 2026$-0.03$-0.05+40.0%
Q3 2025Nov 10, 2025$-0.03$-0.04+28.0%
Q2 2025Aug 12, 2025$-0.05$-0.06+16.7%
Next earningsTue, Aug 11·consensus EPS $-0.03

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$4.4M+198.9%-28.1%-590%$0.10$-20.6M
Q4 FY25$1.9M-17.9%-92.1%-1210%$-0.06$-19.5M
Q3 FY25$1.9M-18.1%20.7%-1055%$-0.62$-19.7M
Q2 FY25$1.8M-41.6%31.4%-1104%$-0.13$-21.8M

Forward consensus

5-year forecast · up to 9 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$23.5M$18.0M – $28.3M-$0.19-$0.21 – -$0.159
FY27$52.5M$43.0M – $59.5M-$0.20-$0.25 – -$0.139
FY28$75.8M$58.3M – $92.9M-$0.21-$0.37 – $0.086
FY29$129.1M$99.3M – $158.2M-$0.22-$0.28 – -$0.155
FY30$223.3M$171.8M – $273.7M-$0.14-$0.18 – -$0.103

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.6×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.6%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-24.0%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-35.0%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 327.7M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today6.8% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.965-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellJun 22Ray O JohnsonDirector84.9K sh$1.7MSellJun 15Michael S. CliftonDirector94.7K sh$1.1MSellJun 12Michael S. CliftonDirector4.4K sh$50KSellJun 8Ray O JohnsonDirector122.2K sh$2.6MSellJun 3Michael S. CliftonDirector54.0K sh$621KSellJun 2Michael S. CliftonDirector3.1K sh$36KSellJun 1Subodh K KulkarniCEO61.0K sh$1.5MSellMay 29David RivasCTO499.3K sh$12.7MSellMay 28Subodh K KulkarniCEO43.2K sh$1.1MSellMay 22Jeffrey A. BertelsenCFO3.7K sh$84K
1–10 of 13
+ 6 other (4 awards · 2 exempts) in window

See when $RGTI insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KShareholder voteJun 118-K — Item 5.07: Shareholder vote
AI summary

Rigetti Computing held its 2026 Annual Meeting on June 9, 2026. Stockholders elected Subodh Kulkarni as a Class I Director to serve until 2029 (84.4M For, 9.9M Withheld, 93.7M broker non-votes); and ratified BDO USA, P.C. as independent auditor for fiscal year ending December 31, 2026 (185.1M For, 1.5M Against). Both proposals passed without meaningful opposition. This is routine governance; no contested directors, no compensation concerns.

8-KUnregistered equity saleMay 218-K — Item 3.02: Unregistered equity sale · Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

Rigetti Computing, Inc. (RGTI) filed an 8-K on May 20, 2026 disclosing unregistered equity sales (Item 3.02), a Regulation FD disclosure (Item 7.01), and an other-event announcement (Item 8.01). Rigetti is a Berkeley, California-based quantum computing company listed on Nasdaq. The combination of Items 3.02 and 7.01 typically indicates a concurrent private placement alongside an investor presentation; this represents dilutive equity activity for a pre-revenue quantum computing company.

8-KMaterial agreementApr 218-K — Item 1.01: Material agreement
AI summary

RGTI entered into a material definitive agreement (8-K Item 1.01, dated 2026-04-21). Counterparty: Chinook Therapeutics, Inc. (the “Sublandlord”). Material definitive agreement — investors should review the full exhibit for covenants, conditions, and use of proceeds.

8-KPress release / Reg FDApr 78-K — Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

RGTI filed an 8-K Item 7.01 (Reg FD) disclosure dated 2026-04-07. Reg FD disclosures make material information simultaneously available to all investors; content may include guidance updates, strategic plans, or preliminary results.

8-KOfficer or director changeMar 208-K — Item 5.02: Officer or director change
AI summary

RGTI disclosed a personnel change (8-K Item 5.02, dated 2026-03-20). An executive departure and a new appointment are both reported. Personnel changes are generally administrative; materiality depends on seniority and circumstances.

8-KPress release / Reg FDJan 208-K — Item 7.01: Press release / Reg FD
+ 12 other (3 13Gs · 2 earnings 8-Ks · 2 proxys · 1 SD) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

5 Quantum Computing Stocks Set for Huge Price Upside in 2H 2026zacks.com·15h agoAnalysts Set Rigetti Computing, Inc. (NASDAQ:RGTI) Price Target at $30.60defenseworld.net·21h agoRigetti Could Be a Huge Winner in Sovereign Quantum Hardwarefool.com·23h agoWhy Rigetti Computing, Inc. (RGTI) Dipped More Than Broader Market Todayzacks.com·1d agoBrokers Suggest Investing in Rigetti Computing (RGTI): Read This Before Placing a Betzacks.com·2d ago

In themes

Explore the broader themes this ticker is being talked about under.

Quantum Computing

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Voices on X · top 5 · last 7 days

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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