Rigetti Computing (RGTI) to Release Quarterly Earnings on Thursday

Posted by George Bondi on Aug 5th, 2026

Rigetti Computing (NASDAQ:RGTI – Get Free Report) is expected to be releasing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of ($0.0460) per share and revenue of $5.0840 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Rigetti Computing (NASDAQ:RGTI – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. Rigetti Computing had a negative return on equity of 10.40% and a negative net margin of 2,789.71%.The firm had revenue of $4.40 million during the quarter, compared to the consensus estimate of $4.09 million. During the same quarter last year, the company posted ($0.05) EPS. The company’s revenue for the quarter was up 198.9% on a year-over-year basis. On average, analysts expect Rigetti Computing to post $-0 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

Rigetti Computing Trading Up 8.9%

Shares of NASDAQ RGTI opened at $17.45 on Wednesday. The business has a 50-day moving average of $18.80 and a 200-day moving average of $18.18. The firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of -20.06 and a beta of 1.99. Rigetti Computing has a 12 month low of $12.53 and a 12 month high of $58.15.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Northland Securities started coverage on shares of Rigetti Computing in a research note on Monday, April 20th. They issued a “market perform” rating and a $20.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of Rigetti Computing in a research note on Thursday, June 11th. Weiss Ratings upgraded Rigetti Computing from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 21st. Mizuho cut their price objective on Rigetti Computing from $33.00 to $27.00 and set an “outperform” rating for the company in a report on Tuesday, May 12th. Finally, Wall Street Zen raised Rigetti Computing from a “sell” rating to a “hold” rating in a report on Monday, July 20th. Seven analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.00.

Read Our Latest Stock Analysis on Rigetti Computing

Insider Buying and Selling at Rigetti Computing

In other news, CTO David Rivas sold 499,328 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $25.40, for a total value of $12,682,931.20. Following the completion of the sale, the chief technology officer owned 325,945 shares of the company’s stock, valued at approximately $8,279,003. The trade was a 60.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Jeffrey A. Bertelsen sold 3,682 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $22.95, for a total value of $84,501.90. Following the sale, the chief financial officer owned 171,927 shares of the company’s stock, valued at $3,945,724.65. This represents a 2.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 728,901 shares of company stock worth $17,546,343 over the last three months. Company insiders own 1.60% of the company’s stock.

Institutional Trading of Rigetti Computing

A number of institutional investors have recently made changes to their positions in RGTI. Comerica Bank grew its holdings in shares of Rigetti Computing by 2.1% in the third quarter. Comerica Bank now owns 31,901 shares of the company’s stock worth $950,000 after purchasing an additional 653 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in Rigetti Computing by 39.2% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,774 shares of the company’s stock valued at $61,000 after buying an additional 781 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Rigetti Computing by 180.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,334 shares of the company’s stock worth $30,000 after acquiring an additional 858 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Rigetti Computing by 403.2% in the third quarter. Parallel Advisors LLC now owns 1,087 shares of the company’s stock valued at $32,000 after acquiring an additional 871 shares during the period. Finally, Heritage Wealth Advisors raised its stake in shares of Rigetti Computing by 454.3% during the fourth quarter. Heritage Wealth Advisors now owns 1,164 shares of the company’s stock valued at $26,000 after acquiring an additional 954 shares during the last quarter. Hedge funds and other institutional investors own 35.38% of the company’s stock.

About Rigetti Computing

(Get Free Report)

Rigetti Computing is a pioneering quantum computing company that designs and manufactures superconducting quantum processors alongside a complementary software stack. Founded in 2013 by CEO Chad Rigetti, the company has developed end-to-end quantum systems—from cryogenic hardware to control electronics—to advance the performance and scalability of quantum machines.

At the core of Rigetti’s offering is its Quantum Cloud Services (QCS) platform, which enables developers and enterprises to access quantum processing units (QPUs) and hybrid quantum-classical workflows via the cloud.