RGTI

RGTI Earnings Preview

Rigetti Computing, Inc. · Technology · $7B

21d until earnings

RGTI Earnings

Tuesday, May 12 2026
EPS Estimate
$-0.04
$-0.05 – $-0.04
Revenue Estimate
$4M
Current Price
$19.64

Our Position

bearish · high

Rigetti launches Cepheus quantum computer

structured data est. revisions rising (+16.9pp / 30d)

The launch signals technical innovation but ongoing heavy losses and strong insider selling present substantial hurdles to commercial traction and stock upside.

Watch: Watch for commercial partnerships and revenue growth nearing $3M quarterly to confirm market acceptance of the new quantum computer.

Data Signal Summary

1 bullish
2 bearish
Insider selling cluster Put/call 0.4 (bullish skew) Price downtrend

Key Context

Insider Activity
selling
Price Trend
downtrend
From 52w High
-0.9%
Est. Revisions (30d)
+0.0% 0up/4dn
Analyst Target (mean)
$32 $16–$43 +61%
Options P/C Ratio
0.44 2C/5P unusual
Est. Dispersion
23% 7 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, Renaissance, D.E. Shaw

Recent Activity

insider trades 67 transactions
Award · RIVAS DAVID (Chief Technology Officer) ·80,000 shares
Sell · RIVAS DAVID (Chief Technology Officer) ·36,719 shares ·$643,321
Sell · BERTELSEN JEFFREY A (Chief Financial Officer) ·4,270 shares ·$74,804
Sell · FITZGERALD ALISSA (Director) ·59,316 shares ·$1,329,378
Sell · CLIFTON MICHAEL S. (Director) ·150,000 shares ·$4,100,805
62 more
Sell · RIVAS DAVID ·41,935 shr ·$1,104,555
Sell · BERTELSEN JEFFREY A ·3,702 shr ·$97,551
Sell · SANDFORD HELENE GAIL ·62,000 shr ·$2,782,889
Sell · SANDFORD HELENE GAIL ·17,635 shr ·$436,440
Sell · SANDFORD HELENE GAIL ·25,000 shr ·$463,585
Sell · IANNOTTI THOMAS J ·100,000 shr ·$1,950,020
Exercise · IANNOTTI THOMAS J ·100,000 shr ·$117,000
Sell · JOHNSON RAY O ·126,295 shr ·$2,525,900
Sell · CLIFTON MICHAEL S. ·75,000 shr ·$1,425,150
Sell · CLIFTON MICHAEL S. ·100,000 shr ·$1,539,340
Sell · RIVAS DAVID ·44,355 shr ·$658,472
Sell · BERTELSEN JEFFREY A ·3,919 shr ·$58,149
Sell · IANNOTTI THOMAS J ·100,000 shr ·$1,669,870
Sell · CLIFTON MICHAEL S. ·25,000 shr ·$425,000
Sell · JOHNSON RAY O ·40,420 shr ·$606,300
Sell · CLIFTON MICHAEL S. ·25,000 shr ·$375,000
Sell · FITZGERALD ALISSA ·77,284 shr ·$981,986
Award · FITZGERALD ALISSA ·14,902 shr
Award · SANDFORD HELENE GAIL ·14,902 shr
Sell · SANDFORD HELENE GAIL ·47,648 shr ·$532,952
Award · IANNOTTI THOMAS J ·14,902 shr
Award · JOHNSON RAY O ·14,902 shr
Award · CLIFTON MICHAEL S. ·14,902 shr
Sell · CLIFTON MICHAEL S. ·75,000 shr ·$888,000
Sell · RIVAS DAVID ·44,815 shr ·$532,801
Sell · BERTELSEN JEFFREY A ·231,250 shr ·$2,696,335
Sell · KULKARNI SUBODH K ·1,000,000 shr ·$12,004,400
Exercise · KULKARNI SUBODH K ·1,000,000 shr ·$963,800
Exercise · BERTELSEN JEFFREY A ·218,750 shr ·$131,250
Sell · RIVAS DAVID ·275,000 shr ·$2,508,632
Sell · RIVAS DAVID ·351,785 shr ·$2,730,907
Sell · MCCARTHY CATHY L ·150,000 shr ·$1,200,240
Award · RIVAS DAVID ·200,000 shr
Award · BERTELSEN JEFFREY A ·200,000 shr
Exercise · JOHNSON RAY O ·98,373 shr ·$26,757
Sell · CLIFTON MICHAEL S. ·125,000 shr ·$750,000
Sell · CLIFTON MICHAEL S. ·125,000 shr ·$628,750
Sell · CLIFTON MICHAEL S. ·125,000 shr ·$500,000
Sell · CLIFTON MICHAEL S. ·125,000 shr ·$217,500
Sell · RIVAS DAVID ·89,846 shr ·$144,661
Sell · BESSEMER VENTURE PARTNERS X L.P. ·666,993 shr ·$1,081,118
Sell · BESSEMER VENTURE PARTNERS X L.P ·666,993 shr ·$1,081,118
Sell · DANIS RICHARD ·5,982 shr ·$9,272
Sell · MCCARTHY CATHY L ·50,000 shr ·$78,000
Sell · BESSEMER VENTURE PARTNERS X L.P. ·2,000,000 shr ·$3,040,000
Sell · BESSEMER VENTURE PARTNERS X L.P ·2,000,000 shr ·$3,040,000
Sell · SANDFORD HELENE GAIL ·43,200 shr ·$35,424
Sell · SANDFORD HELENE GAIL ·23,162 shr ·$17,372
Sell · FITZGERALD ALISSA ·17,294 shr ·$13,835
Sell · RIVAS DAVID ·39,638 shr ·$34,485
Sell · DANIS RICHARD ·6,332 shr ·$5,509
Sell · FITZGERALD ALISSA ·20,000 shr ·$16,400
Sell · FITZGERALD ALISSA ·20,000 shr ·$21,800
Sell · FITZGERALD ALISSA ·20,000 shr ·$19,000
Award · FITZGERALD ALISSA ·142,857 shr
Sell · FITZGERALD ALISSA ·50,000 shr ·$50,000
Award · SANDFORD HELENE GAIL ·142,857 shr
Award · MCCARTHY CATHY L ·142,857 shr
Award · JOHNSON RAY O ·142,857 shr
Award · CLIFTON MICHAEL S. ·142,857 shr
Sell · RIVAS DAVID ·4,433 shr ·$5,940
Sell · DANIS RICHARD ·3,804 shr ·$5,097