Rigetti Computing, Inc. (RGTI) Stock Analysis — Fair Value, Risk & Moat Rating
NCM · Technology · Computer Hardware
Is Rigetti Computing, Inc. a safe investment right now?
Rigetti Computing, Inc.'s Altman Z-Score of 28.55 places it in the safe zone. Fair value estimate is not available for this stock. Moat rating: 2.3/5 stars.
Could Rigetti Computing, Inc. go bankrupt? Altman Z-Score analysis
Z-Score of 28.55 is above 3.0, indicating the company is financially healthy by this metric.
- Below 1.8 — Distress Zone (high bankruptcy risk)
- 1.8 to 3.0 — Gray Zone (elevated uncertainty)
- Above 3.0 — Safe Zone (financially healthy)
What drives RGTI's Z-Score?
| Component | Formula | Value | Weight | Contribution |
|---|---|---|---|---|
| A · Working Capital / Total Assets | WC / TA | 0.664 | 1.2 | 0.8 |
| B · Retained Earnings / Total Assets | RE / TA | -1.1566 | 1.4 | -1.62 |
| C · EBIT / Total Assets | EBIT / TA | -0.3244 | 3.3 | -1.07 |
| D · Market Cap / Total Liabilities | MCap / TL | 50.7159 | 0.6 | 30.43 |
| E · Revenue / Total Assets | Rev / TA | 0.0106 | 1.0 | 0.01 |
How has RGTI's financial health changed over time?
| Year | Z-Score | Zone |
|---|---|---|
| 2022 | 66.68 | Safe |
| 2023 | 68.92 | Safe |
| 2024 | 18.99 | Safe |
| 2025 | 28.55 | Safe |
Source: Calculated from RGTI's latest 10-K filing on SEC EDGAR.
What is Rigetti Computing, Inc. actually worth?
Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.
Does Rigetti Computing, Inc. have a durable competitive advantage?
Moat rating: 2.3/5.
What makes up RGTI's moat score?
ROIC Stability
ROIC variability over the past decade. Score: 2/5.
Gross Margin Trend
Gross margin trajectory over the past decade. Score: 2/5.
Switching Costs
Estimated customer lock-in based on margin level. Score: 3/5.
How stable is RGTI's return on invested capital?
| Year | ROIC | Trend |
|---|---|---|
| 2022 | -37.0% | — |
| 2023 | -52.7% | Declining |
| 2024 | -156.2% | Declining |
| 2025 | -39.6% | Rising |
Source: ROIC calculated from SEC EDGAR filings.
Is Rigetti Computing, Inc.'s dividend safe?
Rigetti Computing, Inc.'s key financial metrics
| Metric | Latest | 1Y Ago | 3Y Ago | Trend |
|---|---|---|---|---|
| Revenue | $0.0B | $0.0B | $0.0B | Declining |
| Net Income | −$0.2B | −$0.2B | −$0.1B | Declining |
| Free Cash Flow | −$0.1B | −$0.1B | −$0.1B | Rising |
| Gross Margin | 29.1% | 52.8% | 78.1% | Declining |
Recent events that affect our RGTI analysis
RGTI earnings report scheduled
Upcoming report. Consensus EPS estimate: $-0.04. Revenue estimate: $4.1M.
RGTI analyst consensus: 69% bullish (9 of 13 analysts)
1 Strong Buy, 8 Buy, 3 Hold, 1 Sell, 0 Strong Sell. Consensus target: $30.58 (66.4% upside).
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI beat EPS estimates by 8.7%
Reported EPS: $-0.03 vs estimate $-0.03.
RGTI filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI beat EPS estimates by 25.0%
Reported EPS: $-0.03 vs estimate $-0.04.
RGTI filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI missed EPS estimates by 41.2%
Reported EPS: $-0.06 vs estimate $-0.04.
RGTI filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI missed EPS estimates by 89.2%
Reported EPS: $-0.08 vs estimate $-0.04.
RGTI filed quarterly report (10-Q)
Quarterly update with interim financials. May signal changes to earnings trajectory and balance sheet health. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed annual report (10-K)
Annual filing with full-year financials. Our Altman Z-Score, Moat, and Fair Value models are derived from this data. View on SEC EDGAR →
RGTI beat EPS estimates by 4.6%
Reported EPS: $-0.06 vs estimate $-0.06.
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
RGTI filed 8-K (material event)
8-K filings disclose material events — acquisitions, leadership changes, or guidance revisions that may affect valuation. View on SEC EDGAR →
Common questions about Rigetti Computing, Inc.
What is Rigetti Computing, Inc. stock price today?
Rigetti Computing, Inc. (RGTI) stock price is $18.38 as of the latest market close, traded on the NASDAQ exchange.
What does Rigetti Computing, Inc. do?
Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. It offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer.
What is Rigetti Computing, Inc. market cap?
Rigetti Computing, Inc. has a market capitalization of $6.10B, classifying it as a mid-cap stock in the Technology sector.
What sector and industry is RGTI in?
Rigetti Computing, Inc. operates in the Technology sector, specifically within the Computer Hardware industry. It trades on the NASDAQ under the ticker symbol RGTI.
Is RGTI stock overvalued or undervalued?
We do not have sufficient earnings data to produce a reliable fair value estimate for Rigetti Computing, Inc. at this time. Stocks without stable earnings history are difficult to value using traditional models.
What is RGTI stock forecast and analyst target price?
Based on 12 Wall Street analysts, the consensus price target for Rigetti Computing, Inc. is $30.58, implying upside of 66.4% from the current price.
- Analyst High Target: $43.00
- Analyst Low Target: $15.91
Note: Analyst targets are shown for reference and are not used in our valuation model.
Is Rigetti Computing, Inc. revenue and earnings growing?
Here are the analyst consensus growth estimates for Rigetti Computing, Inc.:
- Revenue growth (current year est.): 219.3%
- EPS growth (current year est.): -9.0%
- Revenue growth (next year est.): 102.6%
- EPS growth (next year est.): -3.8%
What are Rigetti Computing, Inc.'s key financial metrics?
| Metric | Latest | Trend |
|---|---|---|
| Revenue | $0.0B | Declining |
| Net Income | −$0.2B | Declining |
| Free Cash Flow | −$0.1B | Rising |
| Gross Margin | 29.1% | Declining |
What is RGTI's P/E ratio?
The price-to-earnings ratio measures how much investors pay per dollar of earnings:
- Forward P/E (next 12 months est.): -101.5x
How volatile is RGTI stock?
Rigetti Computing, Inc. has a beta of 1.83, meaning it is significantly more volatile than the broader market. A beta above 1.0 indicates higher price swings relative to the S&P 500, while below 1.0 suggests more stability.
How much cash and debt does Rigetti Computing, Inc. have?
Rigetti Computing, Inc.'s balance sheet shows:
- Total Cash: $443.5M
- Total Debt: $7.2M
- Net Cash Position: $436.3M
A positive net cash position means the company holds more cash than debt, reducing financial risk.
What is Rigetti Computing, Inc.'s free cash flow?
Rigetti Computing, Inc. generated $-42.2M in trailing twelve-month free cash flow (from $-58.5M in operating cash flow). Free cash flow represents the cash available for dividends, buybacks, and debt reduction after all capital expenditures.
Does Rigetti Computing, Inc. pay a dividend?
Rigetti Computing, Inc. does not currently pay a regular dividend to shareholders. The company may be reinvesting all profits back into growth, or it may have suspended its dividend.
Is Rigetti Computing, Inc. at risk of going bankrupt?
Rigetti Computing, Inc.'s Altman Z-Score is 28.55, placing it in the safe zone (above 3.0) — bankruptcy risk is low. The Z-Score uses five balance sheet ratios to predict bankruptcy probability within two years.
Does Rigetti Computing, Inc. have a durable competitive advantage?
Rigetti Computing, Inc. scores 2.3/5 stars (Weak moat) in our moat analysis:
- ROIC Stability: 2/5
- Gross Margin Trend: 2/5
- Switching Costs: 3/5
A score above 3.5 suggests meaningful pricing power and a defensible market position.
What is RGTI's return on equity (ROE)?
Rigetti Computing, Inc.'s return on equity is -64.3%. ROE measures how efficiently a company generates profits from shareholder equity. An ROE above 15% is generally considered strong, while below 10% may signal inefficiency.
How do I buy RGTI stock?
RGTI shares can be purchased through any brokerage account that provides access to the NASDAQ. Common steps:
- Open an account with a broker (e.g., Fidelity, Schwab, Interactive Brokers)
- Search for ticker symbol RGTI
- Place a market or limit order for your desired number of shares
This is not investment advice. Always do your own research before buying any stock.
Is RGTI a value stock or speculative?
FairValueLabs classifies Rigetti Computing, Inc. as Pure Speculation. It lacks the financial stability or valuation margin typically required for value investing. This stock is considered high risk.
Who is the CEO of Rigetti Computing, Inc.?
The current CEO of Rigetti Computing, Inc. is Dr. Subodh K. Kulkarni Ph.D..
What is RGTI's earnings per share (EPS)?
Earnings per share measures the company's profit allocated to each outstanding share:
- Trailing EPS (last 12 months): $-0.70
- Forward EPS (next 12 months est.): $-0.18
- Analyst consensus EPS (this year): $-0.17
- Analyst consensus EPS (next year): $-0.18
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FairValueLabs Disclaimer
All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.
This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.
Last updated: Apr 22, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.
RGTI analysis methodology: How we calculate fair value, Z-Scores, and moat ratings