Rigetti Computing Inc. (RGTI) Stock Rises on Q4 2025 Earnings

Rigetti Computing Inc. (RGTI) reported fourth-quarter 2025 results showing continued revenue declines and ongoing losses.

Total revenue: $1.87 million (down 17.9% year over year; missed the estimate of $2.39 million).

Gross profit: $652,000 (down 35.0% year over year).

Cost of sales: $1.22 million (down 4.3% year over year).

Operating loss improved 22.2% year over year to $22.6 million.

Net loss attributable to common shareholders widened 88.1% year over year to $18.2 million; diluted EPS was -0.06 (down 92.6% year over year) versus an estimate of -0.0332.

Balance sheet and cash flow snapshot:

Cash and cash equivalents: $44.9 million (down 33.7% year over year).

Cash used in operating activities: $14.9 million (improved 74.4% year over year).

Purchases of property, plant and equipment: $4.6 million (up 256.7% year over year).

Total liabilities: $120.4 million (down 23.9% year over year).

Shares were up 1.42% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Rigetti Computing Inc. Insider Trading Activity

Rigetti Computing Inc. insiders have traded $RGTI stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:

MICHAEL S. CLIFTON has made 0 purchases and 4 sales selling 325,000 shares for an estimated $7,065,295.
HELENE GAIL SANDFORD has made 0 purchases and 7 sales selling 104,635 shares for an estimated $3,682,913.
RAY O JOHNSON sold 126,295 shares for an estimated $2,525,900
THOMAS J IANNOTTI sold 100,000 shares for an estimated $1,950,020
ALISSA FITZGERALD sold 59,316 shares for an estimated $1,329,378
DAVID RIVAS (CHIEF TECHNOLOGY OFFICER) sold 41,935 shares for an estimated $1,104,555
JEFFREY A. BERTELSEN (CHIEF FINANCIAL OFFICER) sold 3,702 shares for an estimated $97,551

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Rigetti Computing Inc. Hedge Fund Activity

We have seen 252 institutional investors add shares of Rigetti Computing Inc. stock to their portfolio, and 255 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

D. E. SHAW & CO., INC. removed 9,245,100 shares (-72.4%) from their portfolio in Q4 2025, for an estimated $204,778,965
TIDAL INVESTMENTS LLC removed 4,748,785 shares (-99.8%) from their portfolio in Q4 2025, for an estimated $105,185,587
VANGUARD GROUP INC added 3,924,171 shares (+12.2%) to their portfolio in Q4 2025, for an estimated $86,920,387
PRICE T ROWE ASSOCIATES INC /MD/ removed 3,909,881 shares (-80.9%) from their portfolio in Q4 2025, for an estimated $86,603,864
VICTORY CAPITAL MANAGEMENT INC added 2,422,873 shares (+1632.5%) to their portfolio in Q4 2025, for an estimated $53,666,636
CANTOR FITZGERALD, L. P. removed 1,854,353 shares (-88.1%) from their portfolio in Q4 2025, for an estimated $41,073,918
NORGES BANK added 1,755,700 shares (+inf%) to their portfolio in Q4 2025, for an estimated $38,888,755

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Rigetti Computing Inc. Analyst Ratings

Wall Street analysts have issued reports on $RGTI in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wedbush issued a "Outperform" rating on 01/21/2026
Rosenblatt issued a "Buy" rating on 01/21/2026
Mizuho issued a "Outperform" rating on 12/11/2025
Benchmark issued a "Buy" rating on 11/12/2025

To track analyst ratings and price targets for Rigetti Computing Inc., check out Quiver Quantitative's $RGTI forecast page.

Rigetti Computing Inc. Price Targets

Multiple analysts have issued price targets for $RGTI recently. We have seen 6 analysts offer price targets for $RGTI in the last 6 months, with a median target of $40.0.

Here are some recent targets:

Craig Ellis from B. Riley Securities set a target price of $35.0 on 01/22/2026
Antoine Legault from Wedbush set a target price of $40.0 on 01/21/2026
John McPeake from Rosenblatt set a target price of $40.0 on 01/21/2026
Kevin Garrigan from Jefferies set a target price of $30.0 on 12/16/2025
Vijay Rakesh from Mizuho set a target price of $50.0 on 12/11/2025
David Williams from Benchmark set a target price of $40.0 on 11/12/2025