Earnings boost fuels interest: Social media chatter around Rigetti Computing highlights the company's latest quarterly results, with revenue climbing to $5.1 million from $1.8 million amid ongoing losses. Observers noted a favorable market reaction post-earnings and pointed to a $100 million CHIPS Act letter of intent as a potential catalyst for hardware advancements.
Technical signals draw attention: Discussions emphasized the stock reclaiming its 20-day moving average and forming an inverse head-and-shoulders pattern, with some highlighting a recent EMA crossover that preceded prior rallies of 28% and 48%. Participants in these conversations stressed monitoring the 20-day level while eyeing the 200-day simple moving average as a longer-term target.
Quantum sector context emerges: Broader talks positioned Rigetti among a handful of firms capable of selling quantum processors outright, though challenges like export thresholds and performance metrics were flagged. Sentiment remains mixed as investors weigh growth prospects against persistent cash burn in the competitive quantum space.
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 292 institutional investors add shares of Rigetti Computing stock to their portfolio, and 211 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
- 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
- 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
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.
