RGTI — Rigetti Computing, Inc. - Common stock
Session close: $11.11. Regular-session share volume: 27,135,400. Change from previous close: -8.56%.
Key developments
Rigetti's quarterly results missed estimates on revenue and adjusted loss, with revenue declining year over year. Management guided fiscal-year revenue to a level contingent on fourth-quarter customer acceptance of its C-DAC system for India, and the CFO signaled capital spending will stay elevated through the following year.
Company news Rigetti Computing earnings analysis: questions answered and next catalysts · Company news These Analysts Lower Their Forecasts On Rigetti Computing After Downbeat Q3 Results · Company news Rigetti Computing Stock Sinks Nearly 7% After Hours as CFO Signals Another Year of Heavy Spending: CapEx Won’t Return to 2025 Levels
The CEO said focusing on sales growth now is premature, emphasizing quantum milestones over revenue.
Company news Rigetti Computing CEO Says Focus on Quantum Milestones, Not Sales Numbers
News sources
Company news Jefferies Maintains Hold on Rigetti Computing, Lowers Price Target to $12 · Company news Rigetti Computing earnings analysis: questions answered and next catalysts · Company news These Analysts Lower Their Forecasts On Rigetti Computing After Downbeat Q3 Results · Company news Rigetti Computing CEO Says Focus on Quantum Milestones, Not Sales Numbers · Company news Rigetti Computing Q3 Disappoints, But Analysts Praise 'Real Engineering Progress' · Company news StoneX Maintains Buy on Rigetti Computing, Lowers Price Target to $20 · Company news Rigetti Computing Inc (RGTI) Q3 2026 Earnings Call Highlights: Record Fidelity, $100 Million ... · Company news Needham Maintains Buy on Rigetti Computing, Lowers Price Target to $15 · Company news Rigetti Computing Stock Sinks Nearly 7% After Hours as CFO Signals Another Year of Heavy Spending: CapEx Won’t Return to 2025 Levels