RGTI Rigetti Computing, Inc. - Common stock

NASDAQ · Semiconductors
$16.90
Price · Aug 19, 2026

About Rigetti Computing, Inc. - Common stock Company overview from Wikipedia

Rigetti Computing, Inc. is an American developer of superconducting quantum integrated circuits used for quantum computers. Rigetti, which is based in Berkeley, California, also develops a cloud platform called Forest that enables programmers to execute quantum algorithms.

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Rigetti Computing, Inc. is an American developer of superconducting quantum integrated circuits used for quantum computers. Rigetti, which is based in Berkeley, California, also develops a cloud platform called Forest that enables programmers to execute quantum algorithms.

History

Rigetti Computing was founded in 2013 by Chad Rigetti, a physicist with a background in quantum computers from IBM who studied under Michel Devoret. Chad Rigetti has authored more than 140 publications in the fields of quantum mechanics and quantum computing. Rigetti Computing received funding from startup incubator Y Combinator in 2014 as a so-called "spaceshot" company. Later that year, Rigetti also participated in The Alchemist Accelerator, a venture capital programme.

By February 2016, Rigetti created its first quantum processor, a three-qubit chip made using aluminum circuits on a silicon wafer. That same year, Rigetti raised Series A funding of US$24 million in a round led by Andreessen Horowitz. In November, the company secured Series B funding of $40 million in a round led by investment firm Vy Capital, along with additional funding from Andreessen Horowitz and other investors. Y Combinator also participated in both rounds.

By Spring of 2017, Rigetti had advanced to testing eight-qubit quantum computers. In June, the company announced the release of Forest 1.0, a quantum computing platform designed to enable developers to create quantum algorithms. This was a major milestone.

In October 2021, Rigetti announced plans to go public via a SPAC merger, with estimated valuation of around US$1.5 billion. This deal was expected to raise an additional US$458 million, bringing the total funding to US$658 million. The fund will be used to accelerate the company's growth, including scaling its quantum processors from 80 qubits to 1,000 qubits by 2024, and to 4,000 by 2026. The SPAC deal closed on 2 March 2022, and Rigetti began trading on the NASDAQ under the ticker symbol RGTI.

In December 2022, Subodh Kulkarni became president and CEO of the company.

In July 2023 Rigetti launched a single-chip 84 qubit quantum processor that it believes can scale to larger systems.

In October 2025, Rigetti was one of several quantum-computing companies reported to be involved in discussions with the Trump administration to secure federal funding in exchange for equity stakes.

In May 2026, Rigetti will receive up to $100 million in planned funding under the CHIPS and Science Act to address key technical challenges to develop and scale next generation superconducting quantum computing technologies and architectures, such as miniaturizing and integrating novel readout electronics and next generation cryostat architectures.

Products and technology

Rigetti Computing is a full-stack quantum computing company, a term that indicates that the company designs and fabricates quantum chips, integrates them with a controlling architecture, and develops software for programmers to use to build algorithms for the chips.

Forest cloud computing platform

The company hosts a cloud computing platform called Forest, which gives developers access to quantum processors so they can write quantum algorithms for testing purposes. The computing platform is based on a custom instruction language the company developed called Quil, which stands for Quantum Instruction Language. Quil facilitates hybrid quantum/classical computing, and programs can be built and executed using open source Python tools. As of June 2017, the platform allows coders to write quantum algorithms for a simulation of a quantum chip with 36 qubits.

Fab-1

The company operates a rapid prototyping fabrication ("fab") lab called Fab-1, designed to quickly create integrated circuits. Lab engineers design and generate experimental designs for 3D-integrated quantum circuits for qubit-based quantum hardware.

Recognition

The company was recognized in 2016 by X-Prize founder Peter Diamandis as being one of the three leaders in the quantum computing space, along with IBM and Google. MIT Technology Review named the company one of the 50 smartest companies of 2017.

Locations

Rigetti Computing is headquartered in Berkeley, California, where it hosts developmental systems and cooling equipment. The company also operates its Fab-1 manufacturing facility in nearby Fremont, California.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

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RGTI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

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$16.89
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$13 – $58

RGTI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

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RGTI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 19 analysts
  • Strong Buy 3 15.8%
  • Buy 11 57.9%
  • Hold 5 26.3%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

12 analysts · 2026-08-13
Median target $30.00 +77.6%
Mean target $28.81 +70.5%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.01%
Period EPS Actual EPS Est Surprise
June 30, 2026 $-0.05 $-0.05 -0.00%
March 31, 2026 $-0.04 $-0.04 0.00%
Dec. 31, 2025 $-0.03 $-0.03 0.00%
Sept. 30, 2025 $-0.03 $-0.04 0.01%
June 30, 2025 $-0.06 $-0.05 -0.01%
March 31, 2025 $-0.08 $-0.04 -0.04%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
RGTI
SWKS 25.0 -2.2%
QRVO $6.79B 21.4 -1.1% 9.2% 9.9% 45.9%
ALGM $5.58B -376.5 22.8% -1.7% -1.6% 46.3%
MXL $1.51B -11.0 29.7% -29.2% -29.1% 56.8%
SLAB $4.35B -66.6 34.3% -8.3% -6.0% 58.2%
CRUS $7.25B 18.3 5.3% 20.8% 19.9% 52.8%
PI $5.26B -470.3 -1.4% -3.0% -5.5% 52.5%
DIOD $2.26B 34.5 13.0% 4.5% 3.6% 31.2%
SYNA $4.73B -9.6 11.4% -41.0% -42.4% 44.7%
OLED $5.52B 23.0 0.45% 37.2% 13.9% 76.3%

Latest News Recent headlines mentioning this company

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Institutional owners (13F) 560 filers · $3.0B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
122 (+31 vs prior Q) 56 (-26 vs prior Q) 207 (+41 vs prior Q) 100 (-31 vs prior Q) +36.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $384,517,169 19,902,545 12.81% Shares
VANGUARD CAPITAL MANAGEMENT LLC $278,736,808 14,427,371 9.28% Shares
STATE STREET CORP $228,485,468 11,826,370 7.61% Shares
GEODE CAPITAL MANAGEMENT, LLC $143,838,767 7,443,489 4.79% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $137,481,120 7,116,000 4.58% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $131,899,572 6,827,100 4.39% Call option
JANE STREET GROUP, LLC $91,576,800 4,740,000 3.05% Call option
D. E. Shaw & Co., Inc. $75,661,853 3,916,245 2.52% Shares
JANE STREET GROUP, LLC $72,030,756 3,728,300 2.40% Put option
UNICOM Systems, Inc. $68,043,784 3,521,935 2.27% Shares
CITADEL ADVISORS LLC $67,276,104 3,482,200 2.24% Put option
Defiance ETFs, LLC $64,408,005 3,447,966 2.15% Shares
CITADEL ADVISORS LLC $59,323,992 3,070,600 1.98% Call option
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $54,923,649 2,842,839 1.83% Shares
VANGUARD FIDUCIARY TRUST CO $45,566,548 2,358,517 1.52% Shares
BANK OF AMERICA CORP /DE/ $39,884,208 2,064,400 1.33% Shares
PeakShares LLC $38,640,000 2,000 1.29% Shares
WESTFIELD CAPITAL MANAGEMENT CO LP $37,708,911 1,951,807 1.26% Shares
WOLVERINE TRADING, LLC $37,329,350 1,259,000 1.24% Call option
Clear Street Group Inc. $36,679,658 1,898,533 1.22% Shares
VAN ECK ASSOCIATES CORP $36,523,533 1,890,452 1.22% Shares
American Assets Investment Management, LLC $31,680,936 1,639,800 1.06% Shares
WOLVERINE TRADING, LLC $28,461,035 959,900 0.95% Put option
Clearbridge Investments, LLC $27,630,532 1,430,152 0.92% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $25,845,678 1,337,768 0.86% Shares
MILLENNIUM MANAGEMENT LLC $24,187,809 1,251,957 0.81% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $21,758,000 1,126,181 0.72% Shares
GOLDMAN SACHS GROUP INC $21,056,144 1,089,863 0.70% Shares
Cubist Systematic Strategies, LLC $21,039,469 706,259 0.70% Shares
LPL Financial LLC $19,678,235 1,018,542 0.66% Shares
D. E. Shaw & Co., Inc. $19,318,068 999,900 0.64% Call option
VICTORY CAPITAL MANAGEMENT INC $18,090,338 936,341 0.60% Shares
CANTOR FITZGERALD, L. P. $17,388,000 900,000 0.58% Put option
Walleye Trading LLC $13,647,648 706,400 0.45% Put option
Swiss National Bank $12,876,780 666,500 0.43% Shares
Parallax Volatility Advisers, L.P. $12,751,200 660,000 0.42% Put option
Mubadala Investment Co PJSC $11,969,745 619,552 0.40% Shares
BANK OF MONTREAL /CAN/ $11,688,600 605,000 0.39% Put option
Point72 Asset Management, L.P. $11,166,960 578,000 0.37% Call option
BARCLAYS PLC $10,896,480 564,000 0.36% Put option
Walleye Trading LLC $10,745,784 556,200 0.36% Call option
UBS Group AG $10,402,835 538,449 0.35% Shares
WELLINGTON MANAGEMENT GROUP LLP $10,402,835 538,449 0.35% Shares
FMR LLC $9,918,212 513,365 0.33% Shares
JENNISON ASSOCIATES LLC $9,350,877 484,000 0.31% Shares
Squarepoint Ops LLC $9,149,817 473,593 0.30% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $8,375,935 433,537 0.28% Shares
WOLVERINE TRADING, LLC $8,281,067 279,294 0.28% Shares
RHUMBLINE ADVISERS $8,260,905 427,584 0.28% Shares
BlackRock, Inc. $7,973,692 412,717 0.27% Shares
Granahan Investment Management, LLC $7,634,820 395,177 0.25% Shares
ALGERT GLOBAL LLC $7,306,167 378,166 0.24% Shares
CANTOR FITZGERALD, L. P. $7,245,000 375,000 0.24% Call option
Vontobel Holding Ltd. $6,715,033 347,569 0.22% Shares
Nuveen, LLC $6,444,650 333,574 0.21% Shares
CITIGROUP INC $6,189,548 320,370 0.21% Shares
VANGUARD ASSET MANAGEMENT, Ltd $6,164,510 319,074 0.21% Shares
CANTOR FITZGERALD, L. P. $6,061,418 313,738 0.20% Shares
TWO SIGMA INVESTMENTS, LP $5,947,855 307,860 0.20% Shares
ALLIANCEBERNSTEIN L.P. $5,851,353 416,763 0.19% Shares
Eurizon Capital SGR S.p.A. $5,726,200 296,379 0.19% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $5,306,488 377,955 0.18% Shares
Walleye Capital LLC $5,146,848 266,400 0.17% Call option
CITADEL ADVISORS LLC $5,140,666 266,080 0.17% Shares
Bank of New York Mellon Corp $5,115,298 264,767 0.17% Shares
Parallax Volatility Advisers, L.P. $4,961,376 256,800 0.17% Call option
QVT Financial LP $4,830,000 250,000 0.16% Put option
VANGUARD GROUP INC $4,601,064 207,723 0.15% Shares
BNP PARIBAS FINANCIAL MARKETS $4,598,063 237,995 0.15% Shares
IMC-Chicago, LLC $4,417,673 228,658 0.15% Shares
SBI Securities Co., Ltd. $4,305,307 222,842 0.14% Shares
Westend Capital Management, LLC $4,285,698 221,827 0.14% Shares
NORGES BANK $4,265,856 220,800 0.14% Shares
CAPITAL FUND MANAGEMENT S.A. $4,234,944 219,200 0.14% Call option
Cubist Systematic Strategies, LLC $4,230,180 142,000 0.14% Call option
FORTRESS PRIVATE LEDGER, LLC $4,198,719 217,325 0.14% Shares
Schonfeld Strategic Advisors LLC $4,127,890 213,659 0.14% Shares
Kestra Advisory Services, LLC $4,071,420 210,736 0.14% Shares
Orion Investment Co $3,889,985 201,345 0.13% Shares
AMERICAN CENTURY COMPANIES INC $3,860,851 199,837 0.13% Shares
Nicholas Investment Partners, LP $3,819,236 197,683 0.13% Shares
RAYMOND JAMES FINANCIAL INC $3,802,620 196,823 0.13% Shares
Twin Tree Management, LP $3,800,244 196,700 0.13% Put option
MetLife Investment Management, LLC $3,774,877 195,387 0.13% Shares
STATE OF WISCONSIN INVESTMENT BOARD $3,628,373 187,804 0.12% Shares
Man Group plc $3,578,373 185,216 0.12% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $3,543,674 183,420 0.12% Shares
TUDOR INVESTMENT CORP ET AL $3,514,308 181,900 0.12% Put option
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $3,345,181 173,146 0.11% Shares
MILLENNIUM MANAGEMENT LLC $3,340,428 172,900 0.11% Call option
JONES FINANCIAL COMPANIES LLLP $3,338,307 181,825 0.11% Shares
JPMORGAN CHASE & CO $3,319,030 170,732 0.11% Shares
Kessler Investment Group, LLC $3,301,749 170,898 0.11% Shares
Cetera Investment Advisers $3,262,272 168,855 0.11% Shares
PEAK6 LLC $3,230,304 167,200 0.11% Call option
McGuire Investment Group, LLC $3,120,161 161,499 0.10% Shares
Concurrent Investment Advisors, LLC $3,040,153 157,358 0.10% Shares
GROUP ONE TRADING LLC $3,022,266 156,432 0.10% Shares
OSAIC HOLDINGS, INC. $2,928,116 151,564 0.10% Shares
NOMURA HOLDINGS INC $2,900,396 150,124 0.10% Shares

Company insiders 18 insiders · 7 officers · 10 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Subodh K Kulkarni President and CEO May 28, 2026 M 110,411 0 2 $-2,620,054
Jeffrey A. Bertelsen CHIEF FINANCIAL OFFICER May 22, 2026 S 171,927 0 5 $-315,016
Brian J Sereda Chief Financial Officer Dec. 13, 2022 S 989,341 0 0 $0
David Rivas CHIEF TECHNOLOGY OFFICER May 29, 2026 M 325,945 0 6 $-15,520,088
Richard Danis General Counsel & Corp. Sec. Nov. 17, 2023 S 1,098,467 0 0 $0
Mike Harburn SVP, Fabrication Ops. Hardware Dec. 13, 2022 S 712,129 0 0 $0
Gregory John Peters Chief Revenue Officer Aug. 16, 2022 A 350,000 0 0 $0
Alissa Fitzgerald Director June 9, 2026 A 43,882 0 1 $-1,329,272
Michael S. Clifton Director June 9, 2026 A 512,974 0 13 $-11,814,149
Ray O Johnson Director June 9, 2026 A 180,481 0 3 $-5,128,927
Thomas J Iannotti Director June 9, 2026 A 24,110 0 1 $-1,950,000
Helene Gail Sandford Director Oct. 17, 2025 S 120,371 0 7 $-3,683,311
Cathy L Mccarthy Director March 11, 2025 S 234,234 0 0 $0
COWAN DAVID J/CA Director June 15, 2023 A 181,257 0 0 $0
Chad Rigetti Director Dec. 13, 2022 S 8,884,191 0 0 $0
Peter Pace Director June 10, 2022 A 362,556 0 0 $0
Supernova Partners LLC 10% owner March 4, 2021 P 0 0 $0
Supernova Partners II, LLC Aug. 16, 2022 J 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 3 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Bessemer Venture Partners X Institutional L.P. (2), Bessemer Venture Partners X L.P. (2), Deer X & Co. L.P. (2), Deer X & Co. Ltd. (2) ×3 filings Nov. 27, 2024 Initial filing SEC
Chad Rigetti ×3 filings Jan. 12, 2023 Initial filing SEC
Supernova Partners II LLC ×2 filings Sept. 2, 2022 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 47 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
VTWG · VANGUARD SCOTTSDALE FUNDS 0.36% 338,316 SH Aug. 8, 2026 Daily
ILDR · First Trust Exchange-Traded Fund VI… 0.35% 39,133 NS May 31, 2026 N-PORT
IWO · iShares Trust 0.32% 2,867,836 SH Aug. 8, 2026 Daily
JSML · Janus Detroit Street Trust 0.27% 48,243 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.21% 15,382 NS May 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.20% 1,929,794 SH Aug. 8, 2026 Daily
ANEW · ProShares Trust 0.19% 580 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.18% 1,586,410 NS May 31, 2026 N-PORT
IWM · iShares Trust 0.17% 8,494,363 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.17% 141,464 NS April 30, 2026 N-PORT
CHPX · Global X Funds 0.16% 16,071 NS May 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.14% 48,643 NS April 30, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.13% 4,597,633 SH Aug. 8, 2026 Daily
UWM · ProShares Trust 0.12% 12,037 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.12% 47,574 NS May 31, 2026 N-PORT
ISCG · iShares Trust 0.11% 66,490 SH Aug. 8, 2026 Daily
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.10% 118,092 NS April 30, 2026 N-PORT
AGOX · Starboard Investment Trust 0.09% 500 NC May 31, 2026 N-PORT
URTY · ProShares Trust 0.09% 12,169 NS May 31, 2026 N-PORT
ISCB · iShares Trust 0.08% 14,040 SH Aug. 8, 2026 Daily
ESML · iShares Trust 0.08% 134,286 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.07% 3,815,099 SH Aug. 8, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.07% 7,242,953 SH Aug. 8, 2026 Daily
FTEC · FIDELITY COVINGTON TRUST 0.07% 688,244 NS April 30, 2026 N-PORT
VGT · VANGUARD WORLD FUND 0.06% 5,297,775 SH Aug. 8, 2026 Daily
ISCV · iShares Trust 0.05% 22,423 SH Aug. 8, 2026 Daily
SMLF · iShares Trust 0.05% 131,806 SH Aug. 8, 2026 Daily
WSML · iShares Trust 0.05% 19,249 SH Aug. 8, 2026 Daily
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.04% 12,458 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.04% 305 NS May 31, 2026 N-PORT
IGM · iShares Trust 0.02% 155,996 SH Aug. 8, 2026 Daily
IWN · iShares Trust 0.02% 178,326 SH Aug. 8, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.02% 16,739 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.02% 24,115 SH Aug. 8, 2026 Daily
ONEQ · Fidelity Commonwealth Trust 0.01% 61,351 NS May 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 15,791 NS April 30, 2026 N-PORT
GUSA · Goldman Sachs ETF Trust II 0.01% 10,861 NS May 31, 2026 N-PORT
SCHB · SCHWAB STRATEGIC TRUST 0.01% 197,962 NS May 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.01% 10,017,839 SH Aug. 8, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 272,785 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 27,384 SH Aug. 8, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 73,952 SH Aug. 8, 2026 Daily
ITOT · iShares Trust 0.01% 439,118 SH Aug. 8, 2026 Daily
IWV · iShares Trust 0.01% 85,976 SH Aug. 8, 2026 Daily
AVUQ · AMERICAN CENTURY ETF TRUST 0.00% 165 NS May 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III -0.22% -288,067 NS April 30, 2026 N-PORT
LBAY · Tidal Trust I -2.07% -14,274 NS May 31, 2026 N-PORT