Q4 EPS Estimate for Rigetti Computing Decreased by Analyst

Rigetti Computing, Inc. (NASDAQ:RGTI) – B. Riley lowered their Q4 2025 earnings per share (EPS) estimates for Rigetti Computing in a research note issued on Tuesday, November 11th. B. Riley analyst C. Ellis now anticipates that the company will earn ($0.05) per share for the quarter, down from their prior forecast of ($0.04). B. Riley has a “Neutral” rating and a $35.00 price objective on the stock. The consensus estimate for Rigetti Computing’s current full-year earnings is ($0.34) per share. B. Riley also issued estimates for Rigetti Computing’s Q1 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.04) EPS and FY2026 earnings at ($0.17) EPS.

Several other analysts also recently commented on the stock. Williams Trading set a $40.00 price objective on shares of Rigetti Computing in a report on Tuesday. Benchmark cut their price target on Rigetti Computing from $50.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday. Needham & Company LLC increased 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. Alliance Global Partners reissued a “buy” rating on shares of Rigetti Computing in a research report on Tuesday. Finally, Industrial Alliance Securities set a $18.00 price target on Rigetti Computing in a research note on Wednesday, July 16th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $25.43.

Rigetti Computing Trading Down 9.4%

Shares of RGTI traded down $2.67 during midday trading on Thursday, hitting $25.63. 22,717,822 shares of the company’s stock traded hands, compared to its average volume of 73,815,320. The firm’s fifty day moving average is $34.06 and its 200-day moving average is $20.54. Rigetti Computing has a 1 year low of $1.28 and a 1 year high of $58.15. The stock has a market capitalization of $8.31 billion, a price-to-earnings ratio of -19.73 and a beta of 1.64.

Rigetti Computing (NASDAQ:RGTI) last posted its earnings results on Monday, November 10th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. Rigetti Computing had a negative return on equity of 21.98% and a negative net margin of 4,741.49%.The company had revenue of $1.95 million for the quarter, compared to analyst estimates of $2.17 million. The company’s revenue for the quarter was down 18.1% compared to the same quarter last year.

Insider Buying and Selling at Rigetti Computing

In other news, Director Thomas J. Iannotti sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $19.50, for a total transaction of $1,950,000.00. Following the sale, the director directly owned 14,902 shares in the company, valued at approximately $290,589. The trade was a 87.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ray O. Johnson sold 126,295 shares of Rigetti Computing stock in a transaction on Friday, September 12th. The stock was sold at an average price of $20.00, for a total transaction of $2,525,900.00. Following the sale, the director owned 293,461 shares in the company, valued at $5,869,220. This represents a 30.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 454,204 shares of company stock worth $10,300,876 in the last ninety days. 1.90% of the stock is owned by insiders.

Institutional Trading of Rigetti Computing

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RGTI. Vanguard Group Inc. lifted its position in shares of Rigetti Computing by 40.4% during the 3rd quarter. Vanguard Group Inc. now owns 32,046,477 shares of the company’s stock worth $954,665,000 after buying an additional 9,228,888 shares during the period. Marex Group plc acquired a new position in Rigetti Computing during the 2nd quarter worth $87,414,000. Ameriprise Financial Inc. bought a new position in Rigetti Computing in the second quarter valued at about $21,887,000. Geode Capital Management LLC increased its position in Rigetti Computing by 22.9% in the second quarter. Geode Capital Management LLC now owns 6,484,155 shares of the company’s stock worth $76,910,000 after purchasing an additional 1,206,925 shares during the period. Finally, State Street Corp raised its stake in shares of Rigetti Computing by 12.0% during the second quarter. State Street Corp now owns 8,853,006 shares of the company’s stock worth $104,997,000 after buying an additional 946,850 shares during the last quarter. Institutional investors own 35.38% of the company’s stock.

About Rigetti Computing

Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.