Rigetti Computing (RGTI) Expected to Release Quarterly Earnings on Tuesday

Rigetti Computing (NASDAQ:RGTI) will likely be issuing its Q3 2026 results after the market closes on Tuesday, November 10th. Analysts expect the company to post earnings of ($0.05) per share and revenue of $3.68 million for the quarter. Parties may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 5:00 PM ET.

Rigetti Computing (NASDAQ:RGTI) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). Rigetti Computing had a negative net margin of 2,189.54% and a negative return on equity of 17.50%. The company had revenue of $5.14 million for the quarter, compared to the consensus estimate of $5.09 million. On average, analysts expect Rigetti Computing to post ($0.27) EPS for the current fiscal year and ($0.25) EPS for the next fiscal year.

Rigetti Computing Stock Up 3.1%

Rigetti Computing stock traded up $0.33 during midday trading on Tuesday, reaching $11.00. The stock had a trading volume of 3,908,470 shares, compared to its average volume of 28,186,270. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of -12.21 and a beta of 2.16. Rigetti Computing has a 52-week low of $10.60 and a 52-week high of $38.62. The company has a fifty day moving average of $14.40 and a 200 day moving average of $17.18.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on RGTI shares. B. Riley Financial cut their target price on Rigetti Computing from $35.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday. Rosenblatt Securities reissued a “buy” rating and set a $40.00 price target on shares of Rigetti Computing in a research note on Friday, August 7th. Wedbush began coverage on Rigetti Computing in a research note on Monday, August 3rd. They set an “outperform” rating and a $40.00 price target for the company. Wall Street Zen cut Rigetti Computing from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $18.00 price objective on shares of Rigetti Computing in a research report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $29.56.

Insider Activity at Rigetti Computing

In other Rigetti Computing news, CEO Subodh Kulkarni sold 120,000 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $15.68, for a total value of $1,881,600.00. Following the completion of the sale, the chief executive officer directly owned 140,411 shares of the company’s stock, valued at $2,201,644.48. The trade was a 46.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bestwick sold 5,791 shares of the business’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $16.81, for a total transaction of $97,346.71. Following the completion of the sale, the chief technology officer directly owned 1,036,121 shares of the company’s stock, valued at approximately $17,417,194.01. This trade represents a 0.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 163,689 shares of company stock worth $2,570,890. Corporate insiders own 1.60% of the company’s stock.

Key Stories Impacting Rigetti Computing

Here are the key news stories impacting Rigetti Computing this week:

• Positive Sentiment: FirstQFM said its foundation-model-based quantum reservoir-computing system, running on Rigetti’s Cepheus-1-108Q processor, outperformed classical benchmarks in a financial-forecasting pilot. The result could support Rigetti’s technology credibility, although it does not yet represent material revenue. FirstQFM Quantum Forecasting System Results
• Positive Sentiment: Rigetti’s second-quarter revenue reportedly increased 185% year over year, albeit from a small base, while its chiplet architecture is designed to combine smaller processors into larger quantum systems. These developments may strengthen the long-term growth story. Quantum Computing Stocks to Buy
• Positive Sentiment: B. Riley lowered its price target to $25 from $35 but maintained a “buy” rating, signaling that the analyst still sees substantial upside from current levels despite reducing its valuation assumptions. B. Riley Rigetti Rating
• Neutral Sentiment: Rigetti is receiving elevated investor attention on Zacks, while several articles compare it with IonQ and D-Wave as potential long-term quantum-computing investments. The coverage may increase visibility but does not constitute a new fundamental catalyst. Rigetti Trending Stock Analysis
• Negative Sentiment: Bearish commentary highlights that Rigetti’s systems still experience too many errors for complex commercial applications. Heavy research spending, minimal revenue and substantial losses are cited as reasons the stock could weaken further after its upcoming results. Prediction Rigetti Stock Could Sink
• Negative Sentiment: Investor concerns over the future growth and profitability of speculative technology companies have pushed Rigetti and other quantum-related stocks toward 52-week lows. A separate retrospective also emphasized the risks of buying after an earlier quantum-stock rally. Quantum Stocks Reach 52-Week Lows

About Rigetti Computing

Rigetti Computing, Inc is a quantum computing company that develops full-stack quantum computing systems based on superconducting quantum processors. Its technology is designed to support research and commercial applications that may benefit from quantum computing, including optimization, simulation, machine learning and complex data analysis.

The company develops quantum processing units, quantum computers and related control systems, software and cloud services. Its Rigetti Quantum Cloud Services platform provides access to Rigetti quantum systems through the cloud, while its hardware offerings are intended for use by enterprises, government organizations, academic institutions and other research customers.

Founded in 2013 by Chad Rigetti, the company is headquartered in Berkeley, California, and operates its own quantum chip fabrication facility, known as Fab-1.