Earnings Update: Rigetti Computing posted robust year-over-year revenue gains in its second quarter, driven by expanding operations in quantum systems. The firm also secured a letter of intent for substantial federal support under the CHIPS Act to advance its infrastructure. Despite widened operating losses, the results highlighted a shift toward enterprise customers.
Sector Momentum: Quantum computing names like Rigetti are attracting attention for their technical setups near key moving averages, with charts suggesting potential trend reversals. Market participants note the formation of large monthly bases that could support larger price swings ahead. This has fueled broader discussions on the group's growth prospects.
Valuation Debate: Some observers point to the stock's elevated market capitalization relative to current revenues as a point of caution amid rapid sector enthusiasm. Others emphasize early commercial traction as a positive signal for future scaling. Overall, the tone reflects high expectations tempered by execution risks.
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 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $RGTI stock by insiders over the last 6 months:
- DAVID RIVAS (CHIEF TECHNOLOGY OFFICER) has made 0 purchases and 3 sales selling 518,087 shares for an estimated $13,111,576.
- 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 2 sales selling 3,682 shares for an estimated $84,489.
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 242 institutional investors add shares of Rigetti Computing stock to their portfolio, and 204 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP added 3,515,852 shares (+inf%) to their portfolio in Q1 2026, for an estimated $49,362,562
- DEFIANCE ETFS, LLC added 3,121,103 shares (+204.1%) to their portfolio in Q1 2026, for an estimated $43,820,286
- BLACKROCK, INC. added 3,098,204 shares (+12.2%) to their portfolio in Q2 2026, for an estimated $59,857,301
- TWO SIGMA INVESTMENTS, LP added 2,735,072 shares (+5318.8%) to their portfolio in Q1 2026, for an estimated $38,400,410
- UBS GROUP AG added 2,012,366 shares (+71.0%) to their portfolio in Q1 2026, for an estimated $28,253,618
- ALYESKA INVESTMENT GROUP, L.P. added 1,990,719 shares (+inf%) to their portfolio in Q1 2026, for an estimated $27,949,694
- RENAISSANCE TECHNOLOGIES LLC removed 1,846,451 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $25,924,172
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.
