RGTI Rigetti Computing, Inc.

bullish · high conviction 1/2 shifts correct ↓ $25.54 -1.49 (-5.5%)
Mkt Cap $8B 52wk $10.30 - $58.15 9d ago
Insider selling: $515,132 sold by 2 insiders (30d)
Est. revisions: -7.9%
Factor Model (net -3.2)

Factor Model

net -3.2 7.1 / 10
Est. Revisions
-0.5
Insider Activity
+0.0
Momentum
-1.0
Analyst Rev.
-1.0
Narrative Gap
-0.5

Rigetti surges on $2B US quantum grants

Watch: Monitor Rigetti's next earnings and deployment of $100 million CHIPS Act funding for early signs of operational impact.

Rigetti Computing shares jumped over 30% following the U.S. Commerce Department's plan to award $2 billion in grants to nine quantum computing firms, including Rigetti. The government will acquire equity stakes in Rigetti under the 2022 Chips and Science Act. Rigetti's Q1 2026 revenue nearly tripled to $4.4 million, signaling accelerating growth amid federal support. Skepticism about quantum technology costs and AI relevance persists but does not overshadow the rally.

Federal funding and equity stakes validate Rigetti's growth prospects and strengthen its market position as Q1 revenue triples, positioning it for long-term competitive advantage despite sector doubts.

Evidence

Fundamentals & Data ▾
Rigetti Computing, Inc. Technology · Computer Hardware
Mkt Cap
$8B
Beta
1.80
52w Range
$10.30 - $58.15
Short Interest
50.4M 15.23%
Days to Cover
1.7 +2%
Technicals mixed
vs 20d MA
+25.8%
from 52w Hi
-5.5%
Vol (20d)
154%
1w return
+15.9%
1m return
+58.8%
Vol ratio
1.9x
Insiders
selling 0B / 16S
Analysts
mixed
EPS Estimate
$-0.05 -7.9% 30d 0up / 4dn
Est. Dispersion
65% 8 analysts
Analyst Target
$29 $16 - $40
Options P/C
0.56 5C / 2P unusual
Insider Cluster
sell cluster 0B / 2S
Fund Convergence
strong Citadel, Renaissance, D.E. Shaw
Financials
Revenue
$4M +199% YoY
FCF
$-21M
Gross Margin
31%
Op Margin
-590%
Momentum: accelerating
Top Holders
Citadel $226M
Renaissance $41M
D.E. Shaw $22M
Recent Filings & Data
insider trade 2
net selling · $515,132 sold
2 insiders · 2 transactions (30d)
Recent transactions
RIVAS DAVID · sell · $430,643
BERTELSEN JEFFREY A · sell · $84,489
Track Record (1/2 correct) ▾

Direction History

1/2 correct at 5 days
2026-05-21 bullish +15.9%
2026-04-14 bearish +8.2%
15 signals · latest Updated Sunday

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