WallStSmart
RGTI

Rigetti Computing Inc

NASDAQ: RGTI · TECHNOLOGY · COMPUTER HARDWARE

$19.53
-8.22% today

Updated 2026-06-24

Market cap
$6.97B
P/E ratio
P/S ratio
696.26x
EPS (TTM)
$-0.89
Dividend yield
52W range
$10 – $58
Volume
45.8M

WallStSmart proprietary scores

30
out of 100
Grade: F
Strong Sell
Investment rating
5.3
Growth
C+
6.5
Quality
B
2.5
Profitability
F
5.0
Valuation
C+
3/9
Piotroski F-Score
Weak
0.8
Altman Z-Score
Distress
Industry rank
View all highly rated stocks (75+) →199 stocks currently score above 75

Price targets

Analyst target
$29.24
+49.72%
12-Month target
Intrinsic (DCF)
Margin of safety
1 Strong Buy8 Buy3 Hold1 Sell0 Strong Sell

Price chart

Stock snapshot

Strengths
+ Revenue growth 198.90% QoQ
+ Debt/equity 0.01x — low leverage
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.84 — distress zone
- Thin margins at 0.00%
- Negative free cash flow $-20.63M

Key financials

Revenue Net Income Free Cash Flow
Metric2022202320242025TTM2026 (E)
Revenue$13.10M$12.01M$10.79M$7.09M$10.02M$0.0B
Net income$-71.52M$-75.11M$-200.99M$-216.21M$33.11M
EPS$-0.89$-0.19
Free cash flow$-85.43M$-59.64M$-61.73M$-77.22M$-20.63M
Profit margin-545.88%-625.47%-1,862.72%-3,050.37%

Recent insider activity

DateInsiderTypeSharesPrice
2026-06-09JOHNSON, RAY OBuy9,208
2026-06-09IANNOTTI, THOMAS JBuy9,208
2026-06-09FITZGERALD, ALISSABuy9,208

Peer comparison

CompanyMkt CapScoreGrowthProfitValueQualityMoSRating
RGTI$6.97B305.32.55.06.5Avoid
NVDA$5.15T8010.010.04.78.5-76.61%Exceptional Buy
AAPL$4.35T676.710.04.36.5Strong Buy
MSFT$2.97T728.09.54.77.0-77.87%Strong Buy
TSM$2.18T849.310.06.79.0+44.78%Exceptional Buy
AVGO$1.87T8010.09.55.07.0Exceptional Buy

Smart narrative

Rigetti Computing Inc trades at $19.53. Our Smart Value Score of 30/100 indicates the stock is weak. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.84, it sits in the distress. TTM revenue stands at $10.02M.

Frequently asked questions

What is Rigetti Computing Inc's stock price?

Rigetti Computing Inc (RGTI) trades at $19.53, on a P/S of 696.3x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.

Is Rigetti Computing Inc overvalued?

Rigetti Computing Inc carries a Smart Value Score of 30/100 (Grade F), which we rate Strong Sell. That score blends growth, quality, and valuation into one read.

What is the price target of Rigetti Computing Inc (RGTI)?

The 12-month analyst consensus target is $29.24, about 49.7% above the current $19.53. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.

What is the future stock price of RGTI by 2030?

Our research-backed model puts the 2030 base case at $48.72, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.

What is Rigetti Computing Inc's revenue?

Rigetti Computing Inc's trailing twelve-month revenue is $10.02M, and our model projects it reaching about $341.30M by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.

Altman Z-Score?

Rigetti Computing Inc's Altman Z-Score is 0.84, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.

Company info

SectorTECHNOLOGY
IndustryCOMPUTER HARDWARE
CountryUSA
ExchangeNASDAQ
CurrencyUSD

Quick metrics

P/S ratio696.26x
ROE-38.68%
Beta1.90
50D MA$19.26
200D MA$23.64
Shares out0.33B
Float0.33B
Short ratio
Avg volume45.8M

Performance

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YTD
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