CHIPS Act Grant Impact: Social media conversations focused on the U.S. Commerce Department's $100 million grant to Rigetti under the CHIPS Act, which includes a minority government equity stake. Observers noted this development could advance the company's quantum hardware initiatives in electronics and cryogenic systems. The news prompted widespread commentary on its potential to strengthen domestic quantum supply chains.
Market Reaction Highlights: Traders discussed the immediate stock movement following the announcement, with some tracking technical levels like the 60-day moving average amid short interest. Posts emphasized how the funding aligns with broader sector momentum in quantum computing. Cautionary views also surfaced regarding ongoing operational challenges despite the boost.
Longer-Term Outlook: Community threads explored the grant's role in scaling toward utility-level quantum systems, while weighing revenue trends and cash positions. Participants stressed the importance of commercial adoption metrics in sustaining interest. Overall exchanges reflected heightened attention to government support for the sector.
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 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:
- DAVID RIVAS (CHIEF OPERATING OFFICER) has made 0 purchases and 4 sales selling 527,125 shares for an estimated $13,263,310.
- RAY O JOHNSON has made 0 purchases and 3 sales selling 207,132 shares for an estimated $4,348,083.
- SUBODH K KULKARNI (President and CEO) has made 0 purchases and 2 sales selling 104,190 shares for an estimated $2,619,903.
- JEFFREY A. BERTELSEN (CHIEF FINANCIAL OFFICER) has made 0 purchases and 4 sales selling 32,542 shares for an estimated $524,685.
- ANDREW JOSEPH BESTWICK (CHIEF TECHNOLOGY OFFICER) sold 5,791 shares for an estimated $97,319
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Rigetti Computing Revenue
Rigetti Computing had revenues of $5.1M in Q2 2026. This is an increase of 185.29% from the same period in the prior year.
You can track RGTI financials on Quiver Quantitative's RGTI stock page.
You can access data on RGTI stock through the Quiver Quantitative API.
Rigetti Computing Hedge Fund Activity
We have seen 301 institutional investors add shares of Rigetti Computing stock to their portfolio, and 217 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP removed 3,515,852 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $67,926,260
- BLACKROCK, INC. added 3,098,204 shares (+12.2%) to their portfolio in Q2 2026, for an estimated $59,857,301
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,842,839 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,923,649
- TWO SIGMA INVESTMENTS, LP removed 2,478,635 shares (-89.0%) from their portfolio in Q2 2026, for an estimated $47,887,228
- ALYESKA INVESTMENT GROUP, L.P. removed 1,990,719 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $38,460,691
- RENAISSANCE TECHNOLOGIES LLC removed 1,846,451 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $25,924,172
- D. E. SHAW & CO., INC. added 1,844,653 shares (+52.4%) to their portfolio in Q2 2026, for an estimated $35,638,695
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
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 $29.0.
Here are some recent targets:
- John McPeake from Rosenblatt set a target price of $40.0 on 06/11/2026
- N. Quinn Bolton from Needham set a target price of $31.0 on 05/12/2026
- Vijay Rakesh from Mizuho set a target price of $27.0 on 05/12/2026
- David Williams from Benchmark set a target price of $25.0 on 03/20/2026
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.
