RGTI
Rigetti ComputingDNasdaq / Semiconductors & Semiconductor Equipment
Last Price
At close
2026-06-02
Current thesis
Successful commercial ramp (telecom contract scaling + additional cloud customers) plus a widely accepted technical benchmark demonstrating near-term advantage drives rapid revenue growth and multiple expansion toward the bull target within ~12 months [Rigetti telecom PR; https://investors.rigetti.com/news-releases/news-release-details/2025/Rigetti-Computing-Announces-Multi-Year-Cloud-Contract-with-Major-Telecom/default.aspx].
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +6.8.
What can break
Execution delays on deployments, weaker-than-expected revenue conversion, or follow‑through failure on technical claims lead to missed guidance and multiple compression toward the bear target (market already priced some risk after the Q3 release) [Rigetti Q3 2025 press release; https://investors.rigetti.com/news-releases/news-release-details/2025/Rigetti-Computing-Reports-Third-Quarter-2025-Financial-Results/default.aspx] [EDGAR 10-Q accession 0001193125-25-292123; https://www.sec.gov/ix?doc=/Archives/edgar/data/0001821297/000119312525292123/d390454d10q.htm].
Momentum
48
Value
35
Sentiment
59
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $32.00 · Bull $45.00 · Bear $15.00
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-05-29 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2025-12-01 • Model: RankAlpha Sentiment AI
Investment thesisAs of 2026-06-02
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $40.30
Why
Momentum48 · Δ7d +17.0
Value35 · Δ7d +0.0
Sentiment59 · Δ7d +6.8
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Sentiment · See AI snapshot
Momentum
48
34% active weight
Current posture
7d trendImproving
Δ7d
+17.0
Δ21d
+86.6
Value
35
32% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-0.1
Sentiment
59
33% active weight
Current posture
7d trendImproving
Δ7d
+6.8
Δ21d
-19.7
Why this grade
Composite grade D. Momentum 47.7 / Value 34.9 / Sentiment 58.9
Fundamentals (TTM)As of 2026-05-29
Fundamentals (TTM)
As of 2026-05-29
Market Cap
$8.49B
Beta
1.71
Shares Out
330.03M
P/E (TTM) · Derived
-23.7
P/S (TTM)
1101.41
P/FCF (TTM) · Derived
-109.60
Rev YoY
-18.1%
EPS YoY
-685.3%
Gross Margin
+32.2%
Op Margin
-1080.6%
Net Debt
-$192.09M
Current Ratio
39.22
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology