Rigetti Computing, Inc. (RGTI)Technology | Computer Hardware | Berkeley, United States | NasdaqCM
18.63 USD
-1.01
(-5.168%) ⇩
(April 21, 2026, 3:07 p.m.
EDT)
Short-term: ★★★★☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 11:26 p.m. EDT
Rigetti (RGTI) is currently showing the classic technicals of a short-term momentum play with subpar long-term fundamentals. The stock is rallying off the $19.45 level with a forecasting model predicting a -12.6% directional change over 45 days, yet options flow is aggressively bullish, betting on a rebound to $25+. Analysts (Mizuho) recently cut targets, but retail and speculation seem to be ignoring the poor growth metrics (revenue growth -17.9%) and negative EPS, viewing the 4,000%+ DVR control unit upsizing potential as the primary catalyst. This is a high-beta (1.80) momentum stock suitable for short-term swings but a trap for medium-term holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.273103 |
| AutoETS | 0.314418 |
| AutoARIMA | 0.315559 |
| MSTL | 0.328986 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 1.66 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.550 |
| Excess Kurtosis | 0.19 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 1.312 |
| Revenue per Share | 0.023 |
| Market Cap | 6,186,304,000 |
| Forward P/E | -102.84 |
| Beta | 1.83 |
| Website | https://www.rigetti.com |
As of April 18, 2026, 11:26 p.m. EDT: The options market is signaling a distinct bullish bias among speculators. Call Open Interest (OI) builds significantly higher than Put OI at strikes above the current price, with the 20.0-strike Call expiring 5/15 forming a massive anchor wall against massive new call flow (Vol 1.1k > OI 761 at 32 strike). While there is notable put volume at lower strikes (11-14), the subsequent strikes (16-20 Puts) show much weaker positioning relative to options activity, suggesting puts are primarily being used as insurance or for short-term hedging rather than a bearish bet on the upside. The imbalance, particularly the heavy call positioning at 32.0 and 50.0 strikes compared to minimal put OI above 25, indicates a strong expectation that the stock will test and potentially break the $20-$22 resistance zone.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.2917154 |
| Address1 | 775 Heinz Avenue |
| All Time High | 58.15 |
| All Time Low | 0.36 |
| Ask | 23.73 |
| Ask Size | 2 |
| Audit Risk | 8 |
| Average Analyst Rating | 1.8 - Buy |
| Average Daily Volume10 Day | 37,573,130 |
| Average Daily Volume3 Month | 29,652,367 |
| Average Volume | 29,652,367 |
| Average Volume10Days | 37,573,130 |
| Beta | 1.828 |
| Bid | 14.15 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | 1.649 |
| City | Berkeley |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 18.625 |
| Current Ratio | 37.423 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 19.88 |
| Day Low | 18.4 |
| Debt To Equity | 1.312 |
| Display Name | Rigetti Computing |
| Earnings Call Timestamp End | 1,772,661,600 |
| Earnings Call Timestamp Start | 1,772,661,600 |
| Earnings Timestamp | 1,772,658,000 |
| Earnings Timestamp End | 1,778,616,000 |
| Earnings Timestamp Start | 1,778,616,000 |
| Ebitda | -76,491,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -79.579 |
| Enterprise To Revenue | 858.789 |
| Enterprise Value | 6,087,092,736 |
| Eps Current Year | -0.18 |
| Eps Forward | -0.18111 |
| Eps Trailing Twelve Months | -0.7 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.1858 |
| Fifty Day Average Change | 2.4391994 |
| Fifty Day Average Change Percent | 0.15069996 |
| Fifty Two Week Change Percent | 129.17154 |
| Fifty Two Week High | 58.15 |
| Fifty Two Week High Change | -39.525 |
| Fifty Two Week High Change Percent | -0.67970765 |
| Fifty Two Week Low | 8.125 |
| Fifty Two Week Low Change | 10.5 |
| Fifty Two Week Low Change Percent | 1.2923077 |
| Fifty Two Week Range | 8.125 - 58.15 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,619,098,200,000 |
| Float Shares | 326,975,651 |
| Forward Eps | -0.18111 |
| Forward P E | -102.83806 |
| Free Cashflow | -42,190,500 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 162 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.2912 |
| Gross Profits | 2,064,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01596 |
| Held Percent Institutions | 0.48928002 |
| Implied Shares Outstanding | 332,150,557 |
| Industry | Computer Hardware |
| Industry Disp | Computer Hardware |
| Industry Key | computer-hardware |
| Ipo Expected Date | 2,022-03-02 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Rigetti Computing, Inc., through its subsidiaries, builds and operates 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 to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California. |
| Long Name | Rigetti Computing, Inc. |
| Market | us_market |
| Market Cap | 6,186,304,000 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_270093415 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -216,210,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 6,523,436,939 |
| Number Of Analyst Opinions | 11 |
| Open | 19.66 |
| Operating Cashflow | -58,543,000 |
| Operating Margins | -12.096899 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 510 210 5550 |
| Previous Close | 19.64 |
| Price Eps Current Year | -103.47222 |
| Price Hint | 2 |
| Price To Book | 11.2947235 |
| Price To Sales Trailing12 Months | 872.7856 |
| Profit Margins | 0.0 |
| Quick Ratio | 36.962 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.75 |
| Region | US |
| Regular Market Change | -1.0149994 |
| Regular Market Change Percent | -5.1680217 |
| Regular Market Day High | 19.88 |
| Regular Market Day Low | 18.4 |
| Regular Market Day Range | 18.4 - 19.88 |
| Regular Market Open | 19.66 |
| Regular Market Previous Close | 19.64 |
| Regular Market Price | 18.625 |
| Regular Market Time | 1,776,798,428 |
| Regular Market Volume | 23,393,581 |
| Return On Assets | -0.11124 |
| Return On Equity | -0.64273 |
| Revenue Growth | -0.179 |
| Revenue Per Share | 0.023 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 332,150,557 |
| Shares Percent Shares Out | 0.14819999 |
| Shares Short | 49,218,689 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 44,652,991 |
| Short Name | Rigetti Computing, Inc. |
| Short Percent Of Float | 0.1488 |
| Short Ratio | 1.9 |
| Source Interval | 15 |
| State | CA |
| Symbol | RGTI |
| Target High Price | 43.0 |
| Target Low Price | 15.91 |
| Target Mean Price | 31.53727 |
| Target Median Price | 31.0 |
| Total Cash | 443,511,008 |
| Total Cash Per Share | 1.335 |
| Total Debt | 7,167,000 |
| Total Revenue | 7,088,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.7 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 22.6893 |
| Two Hundred Day Average Change | -4.0643005 |
| Two Hundred Day Average Change Percent | -0.17912851 |
| Type Disp | Equity |
| Volume | 23,393,581 |
| Website | https://www.rigetti.com |
| Zip | 94,710 |