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NasdaqCM · Technology · Profile

Rigetti Computing (RGTI) stock profile and business model

What Rigetti Computing does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.

Section freshness

Price Aug 23, 12:09 AM EDT · Statements Jun 29, 8:00 PM EDT

Investor profile snapshot

RGTI live price, business model and key metrics

Start with the live market print, then use this profile to connect Rigetti Computing's operating model with revenue, margins, peer context, and investor risk.

1Y · USD · 255 pts

$17.91

+7.70%Open summary
Market-data preview · Aug 25 to Aug 261-year price range
RGTI one-year price chartServer-rendered SVG chart showing RGTI price history.
1Y High$58.151Y Low$12.53

RGTI one-year SVG chart preview from 2025-08-18 to 2026-08-21.

Market cap

$5.98B

Equity scale

Analyst view

Buy

Target $28.81

Company · Profile

About Rigetti Computing Inc (RGTI)

Sector, leadership, and how Rigetti Computing Inc earns its revenue.

RGTI logo

Rigetti Computing Inc

NasdaqCM · RGTI · US

Rigetti Computing is a full-stack quantum company building superconducting quantum processors, cloud access, and on-premises systems. The stock thesis is highly speculative and depends on fidelity milestones, hardware sales, partnerships, cash runway, and competition from IonQ, D-Wave, IBM, and Google.

Sector
Technology
Industry
Semiconductors
Country
US
Founded
2000
Exchange
NasdaqCM

How Rigetti Computing Inc makes money

Technology

Superconducting qubits and chiplets

Rigetti designs and fabricates its own QPUs, using a superconducting approach with modular chiplet ambitions to scale beyond small systems.

Roadmap

Fidelity milestones are the proof points

The source article emphasized Ankaa performance and future systems. The quote page should keep tracking gate fidelity and qubit-scaling milestones.

Commercialization

Hardware sales and cloud access

Novera systems, government contracts, and cloud usage can show whether Rigetti is moving beyond research-stage demand.

Risk

Valuation versus revenue is extreme

Rigetti has meaningful cash but limited revenue, so dilution, burn rate, and technical delays remain central risks.

Key takeaways for RGTI

RGTI is a speculative quantum hardware stock, not a mature software or semiconductor business.

The bull case needs measurable technical milestones and commercial hardware demand.

The bear case is that revenue remains too small while dilution and competition continue.

Business identity

Rigetti Computing company facts and operating footprint

Rigetti Computing is a full-stack quantum company building superconducting quantum processors, cloud access, and on-premises systems. The stock thesis is highly speculative and depends on fidelity milestones, hardware sales, partnerships, cash runway, and competition from IonQ, D-Wave, IBM, and Google.

Sector
Technology
Industry
Semiconductors
Founded
2000
Country
US
Exchange
NasdaqCM
Registration and filing identifiersShow
Asset type
Common Stock
Fiscal year end
December
Latest quarter
Jun 30, 2026
CIK
0001838359

Key metrics

RGTI valuation, revenue and margin profile

Full statistics
Market cap
$5.98B
Equity scale
Free cash flow
-$27.77M
Reported in USD

Margin quality snapshot

Gross margin35.02%

Competitors

RGTI competitors and peer context

TickerCompanyPriceMove
NVDANVIDIA Corp.$214.72-0.98%

Risk heatmap

RGTI business risks investors should monitor

Valuation sensitivity

Monitor

Multiple pending

Use the forward P/E and PEG context before treating the profile as cheap or expensive.

Balance-sheet flexibility

Monitor

D/E — · CR 3.94

Debt load and near-term liquidity shape how much strategic patience the company has.

Growth durability

Monitor

Latest YoY revenue growth is the first check on whether the business model is still expanding.

Market sensitivity

High

Beta 2.02

Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.

Regulatory and operating pressure

Elevated

Technology

Platform rules, AI governance, export controls, and supply-chain constraints can move product timing, margins, or addressable markets.

Size & scale

Market cap
$5.98B
Enterprise value
$5.95B
Shares outstanding
333.77M
Currency
USD

Frequently asked

Common questions.

What does Rigetti Computing do?

The RGTI Profile page keeps the available company description, sector, industry, leadership, headquarters, workforce, and product context together.

Where does TECHi source the RGTI profile?

Profile fields come from the unified company record and provider data; unavailable identity fields remain blank rather than inferred.