Recent discussions on X about Rigetti Computing (RGTI) have been ignited by the company's milestone achievement with its 36-qubit Ankaa system, which reportedly boasts an impressive 99.5% two-qubit gate fidelity. Many participants on the platform are expressing excitement over this development, seeing it as a potential catalyst for future growth in the quantum computing space. The buzz reflects a sense of anticipation about how this could position Rigetti in a competitive market.
However, not all sentiments are uniformly positive, as some voices on X have raised concerns about the stock's high market cap relative to projected revenue, with comparisons to other tech giants sparking debate. Others have pointed to past equity sales and potential dilution as reasons for caution, tempering the enthusiasm with skepticism about the company's near-term financial outlook. This mix of optimism and doubt keeps the conversation around RGTI dynamic and closely watched.
Note: This discussion summary was generated from an AI condensation of post data.
Rigetti Computing Insider Trading Activity
Rigetti Computing insiders have traded $RGTI stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.
Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:
- SUBODH K KULKARNI (President and CEO) sold 1,000,000 shares for an estimated $12,004,400
- DAVID RIVAS (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 4 sales selling 715,955 shares for an estimated $6,430,812.
- JEFFREY A. BERTELSEN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 4 sales selling 235,169 shares for an estimated $2,754,483.
- MICHAEL S. CLIFTON has made 0 purchases and 4 sales selling 125,000 shares for an estimated $1,688,000.
- THOMAS J IANNOTTI sold 100,000 shares for an estimated $1,669,869
- CATHY L MCCARTHY sold 150,000 shares for an estimated $1,200,240
- RAY O JOHNSON sold 40,420 shares for an estimated $606,300
- HELENE GAIL SANDFORD sold 47,648 shares for an estimated $532,952
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Rigetti Computing Hedge Fund Activity
We have seen 232 institutional investors add shares of Rigetti Computing stock to their portfolio, and 149 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 8,640,470 shares (+60.9%) to their portfolio in Q2 2025, for an estimated $102,475,974
- BLACKROCK, INC. added 5,974,666 shares (+39.4%) to their portfolio in Q2 2025, for an estimated $70,859,538
- AMERICAN ASSETS INVESTMENT MANAGEMENT, LLC added 3,746,149 shares (+inf%) to their portfolio in Q2 2025, for an estimated $44,429,327
- UBS GROUP AG removed 2,406,004 shares (-60.1%) from their portfolio in Q2 2025, for an estimated $28,535,207
- TIDAL INVESTMENTS LLC added 2,381,309 shares (+inf%) to their portfolio in Q2 2025, for an estimated $28,242,324
- GOLDMAN SACHS GROUP INC removed 2,354,712 shares (-69.0%) from their portfolio in Q2 2025, for an estimated $27,926,884
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 1,936,289 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $22,964,387
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Rigetti Computing 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:
- Needham issued a "Buy" rating on 08/04/2025
- B. Riley Securities issued a "Buy" rating on 07/23/2025
- Cantor Fitzgerald issued a "Overweight" rating on 07/02/2025
- Benchmark issued a "Buy" rating on 05/15/2025
To track analyst ratings and price targets for Rigetti Computing, check out Quiver Quantitative's $RGTI forecast page.
Rigetti Computing Price Targets
Multiple analysts have issued price targets for $RGTI recently. We have seen 4 analysts offer price targets for $RGTI in the last 6 months, with a median target of $18.5.
Here are some recent targets:
- David Williams from Benchmark set a target price of $20.0 on 08/13/2025
- Quinn Bolton from Needham set a target price of $18.0 on 08/04/2025
- Craig Ellis from B. Riley Securities set a target price of $19.0 on 07/23/2025
- Troy Jensen from Cantor Fitzgerald set a target price of $15.0 on 07/02/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
