RGTI — Rigetti Computing Inc

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

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$17.85
Market Cap$6.03B
Float327.5M
Shares Outstanding332.4M
Price/Sales (TTM)602.01
vs. Analyst Target+63.8% to analyst PT
Operating Margin (TTM)-589.79%
Revenue (TTM)$10.0M
Dividend RateNone
Analyst Target Price$29.24 (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 $2.1M -$76.5M

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 Ownership1.8%
Institutional Ownership49.3%
Short Float15.4%
% 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$16.39Near-term / short-term trend
Weekly40-Week SMA$23.18Medium-term trend
Weekly80-Week SMA$16.81Cyclical trend (business cycle)
Weekly200-Week SMA$7.56Secular trend (multi-year)
Monthly10-Month SMA$22.29Near-term monthly trend
Monthly20-Month SMA$15.97Medium-term monthly trend
Monthly40-Month SMA$8.58Secular 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 16 months ago
$1.30 support 4.61x 17 months ago
$0.80 support 1.27x 18 months ago

Historical Earnings Reactions (20 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -2.50% -1.78% 20.00% 16.46% -13.82%
1 Day 0.90% -0.18% 40.00% 39.02% -14.59%
1 Week 0.18% 0.54% 50.00% 25.61% -22.28%
2 Weeks 4.03% -0.42% 40.00% 114.00% -30.28%
1 Month 14.21% -4.86% 30.00% 371.05% -43.55%

Next earnings: May 18, 2026 (1 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 0.53% 46.2% 236
Tuesday 0.02% 42.0% 262
Wednesday 0.29% 43.5% 260
Thursday 0.06% 44.7% 253
Friday 0.92% 46.3% 257

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 49.3%

Insider Transactions — Smart Summary

Total insider ownership: 1.8%

12-Month Insider Activity Summary

Total Filings25
Net Value-$16.8M
Net Shares Change-988,009
% of Float-0.3%
C-Suite Filings9
Clusters Detected4

Key Insiders

NameTitleNet ValueFilingsActivity
Kulkarni Subodh K President and CEO -$11.0M 1 1 sell
Rivas David CHIEF TECHNOLOGY OFFICER -$2.9M 4 4 sell
Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$2.8M 4 4 sell
Fitzgerald Alissa -$1.3M 1 N/A

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-05-21 – 2025-05-22 3 3 -$14.1M 3 C-suite
2025-06-11 – 2025-06-12 3 3 -$2.4M
2025-08-15 – 2025-08-20 3 3 -$2.3M 2 C-suite
2025-09-10 – 2025-09-22 6 4 -$8.2M

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-03-11 Rivas David CHIEF TECHNOLOGY OFFICER -$643,320.552 Transaction at $17.52, now +1.9%
2026-03-11 Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$74,804.422 Transaction at $17.52, now +1.9%
2025-11-21 Rivas David CHIEF TECHNOLOGY OFFICER -$1.1M Transaction at $26.34, now -32.2%
2025-11-21 Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$97,551.402 Transaction at $26.35, now -32.3%
2025-05-21 Bertelsen Jeffrey A. CHIEF FINANCIAL OFFICER -$2.6M Transaction at $6.13, now +191.2%
2025-08-20 Rivas David CHIEF TECHNOLOGY OFFICER -$658,472.153 Transaction at $14.85, now +20.2%

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 →