RGTI — Rigetti Computing Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates RGTI Bullish with a Setup Score of 33, net conviction 18, actionability 62. How the Setup Score works →

Total Setup Score33
Directional BiasBullish
Net Conviction18
Actionability62 (in range)

Key signals behind this score

About Rigetti Computing Inc

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). Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$15.36
Market Cap$5.65B
Float327.7M
Shares Outstanding332.4M
Price/Sales (TTM)563.84
vs. Analyst Target+93.0% to analyst PT
Operating Margin (TTM)-589.79%
Revenue (TTM)$10.0M
Dividend RateNone
Analyst Target Price$29.65 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.5M -$17.2M $4.1M -$30.8M
2021 $8.2M -$38.2M $1.9M -$31.1M
2022 $13.1M -$71.5M $10.2M -$59.2M
2023 $12.0M -$75.1M $9.2M -$61.9M
2024 $10.8M -$201M $5.7M -$191M
2025 $7.1M -$216M -$6.1M -$208M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $1.8M -$39.7M
Sep 2025 $1.9M -$201M
Dec 2025 $1.9M -$18.2M
Mar 2026 $4.4M $33.1M

Ownership & Float

Insider Ownership1.7%
Institutional Ownership56.4%
Short Float18.1%
% of All Funds Holding5.15%
Number of Funds Holding423

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$20.10Near-term / short-term trend
Weekly40-Week SMA$22.12Medium-term trend
Weekly80-Week SMA$18.29Cyclical trend (business cycle)
Weekly200-Week SMA$8.30Secular trend (multi-year)
Monthly10-Month SMA$21.93Near-term monthly trend
Monthly20-Month SMA$17.87Medium-term monthly trend
Monthly40-Month SMA$9.60Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$3.60 support 6.78x 18 months ago
$1.30 support 4.61x 19 months ago
$0.80 support 1.27x 20 months ago

Historical Earnings Reactions (21 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.65% -0.23% 38.10% 16.46% -11.26%
1 Day 1.30% -0.18% 42.86% 39.02% -14.59%
1 Week 1.13% 2.54% 57.14% 25.61% -22.28%
2 Weeks 11.40% 0.29% 52.38% 114.00% -21.16%
1 Month 25.46% -2.27% 35.00% 465.77% -43.55%

Next earnings: August 11, 2026 (28 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.57% 47.3% 243
Tuesday -0.12% 41.0% 271
Wednesday 0.20% 42.8% 269
Thursday 0.24% 45.8% 262
Friday 0.86% 45.8% 264

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 56.4%

Insider Transactions — Smart Summary

Total insider ownership: 1.7%

12-Month Insider Activity Summary

Total Filings25
Net Value-$18.2M
Net Shares Change-1,257,730
% of Float-0.4%
C-Suite Filings10
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
Rivas David CHIEF TECHNOLOGY OFFICER -$15.5M 5 5 sell
Kulkarni Subodh K President and CEO -$2.4M 1 1 sell
Johnson Ray O -$1.7M 1 N/A
Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$256,844.837 3 3 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-08-15 – 2025-08-20 3 3 -$2.3M 2 C-suite
2025-09-10 – 2025-09-22 6 4 -$8.2M
2026-05-26 – 2026-06-01 4 3 -$15.6M 4 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-01 Rivas David CHIEF TECHNOLOGY OFFICER -$12.7M Transaction at $12.83, now +19.7%
2026-06-01 Kulkarni Subodh K President and CEO -$2.4M Transaction at $13.11, now +17.1%
2026-05-26 Rivas David CHIEF TECHNOLOGY OFFICER -$430,642.859 Transaction at $22.96, now -33.1%
2026-05-26 Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$84,489.013 Transaction at $22.95, now -33.1%
2026-03-11 Rivas David CHIEF TECHNOLOGY OFFICER -$643,320.552 Transaction at $17.52, now -12.3%
2026-03-11 Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$74,804.422 Transaction at $17.52, now -12.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Rigetti Computing Inc (RGTI) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for RGTI on Trend Edge →