Equities Analysts Offer Predictions for RGTI Q1 Earnings

Rigetti Computing, Inc. (NASDAQ:RGTI) – Investment analysts at B. Riley raised their Q1 2025 earnings per share (EPS) estimates for shares of Rigetti Computing in a research note issued on Thursday, March 6th. B. Riley analyst C. Ellis now forecasts that the company will earn ($0.06) per share for the quarter, up from their prior forecast of ($0.08). B. Riley has a “Buy” rating and a $15.00 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 Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.05) EPS, FY2025 earnings at ($0.23) EPS, Q1 2026 earnings at ($0.05) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.04) EPS and FY2026 earnings at ($0.19) EPS.

Rigetti Computing (NASDAQ:RGTI) last announced its quarterly earnings data on Wednesday, March 5th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.08). The firm had revenue of $2.27 million during the quarter, compared to the consensus estimate of $2.40 million. Rigetti Computing had a negative return on equity of 51.56% and a negative net margin of 509.58%. During the same quarter in the prior year, the company earned ($0.04) EPS.

RGTI has been the subject of several other research reports. Craig Hallum started coverage on Rigetti Computing in a research note on Friday, December 20th. They set a “buy” rating and a $12.00 price target for the company. Benchmark reiterated a “buy” rating and set a $14.00 price target on shares of Rigetti Computing in a research note on Thursday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of Rigetti Computing in a research note on Thursday.

Rigetti Computing Stock Up 9.9 %

RGTI stock opened at $9.35 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.84 and a current ratio of 4.84. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of -24.60 and a beta of 1.36. Rigetti Computing has a fifty-two week low of $0.66 and a fifty-two week high of $21.42. The stock has a fifty day moving average of $11.94 and a 200-day moving average of $5.92.

Institutional Trading of Rigetti Computing

Institutional investors have recently added to or reduced their stakes in the stock. Silverleafe Capital Partners LLC purchased a new stake in Rigetti Computing during the 4th quarter worth about $554,000. State Street Corp lifted its holdings in Rigetti Computing by 12.9% during the 3rd quarter. State Street Corp now owns 2,715,223 shares of the company’s stock worth $2,126,000 after purchasing an additional 309,831 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Rigetti Computing by 14.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,149,934 shares of the company’s stock worth $901,000 after purchasing an additional 144,742 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Rigetti Computing by 20.6% during the 3rd quarter. Geode Capital Management LLC now owns 3,621,829 shares of the company’s stock worth $2,837,000 after purchasing an additional 617,506 shares in the last quarter. Finally, Veracity Capital LLC purchased a new stake in Rigetti Computing during the 4th quarter worth about $410,000. Hedge funds and other 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.