Rigetti Computing (NASDAQ:RGTI) Shares Down 8.7% – Should You Sell?

26 Dec 2025, 16:52 by Renee Jackson · The Cerbat Gem

Rigetti Computing, Inc. (NASDAQ:RGTI – Get Free Report)’s share price was down 8.7% during mid-day trading on Friday . The company traded as low as $22.33 and last traded at $22.38. Approximately 28,050,431 shares traded hands during trading, a decline of 60% from the average daily volume of 69,919,023 shares. The stock had previously closed at $24.51.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on RGTI shares. Wedbush started coverage on shares of Rigetti Computing in a report on Wednesday, December 17th. They set an “outperform” rating and a $35.00 price objective on the stock. Williams Trading set a $40.00 price objective on Rigetti Computing in a research note on Tuesday, November 11th. Mizuho initiated coverage on Rigetti Computing in a research report on Thursday, December 11th. They set an “outperform” rating and a $50.00 target price on the stock. Alliance Global Partners reissued a “buy” rating on shares of Rigetti Computing in a research report on Tuesday, November 11th. Finally, Benchmark lowered their price objective on shares of Rigetti Computing from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, November 11th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $31.22.

View Our Latest Stock Report on Rigetti Computing

Rigetti Computing Trading Down 8.7%

The stock’s 50-day simple moving average is $30.14 and its 200-day simple moving average is $23.49. The firm has a market capitalization of $7.39 billion, a P/E ratio of -17.22 and a beta of 1.68.

Rigetti Computing (NASDAQ:RGTI – Get Free Report) last released its earnings results on Monday, November 10th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. The company had revenue of $1.95 million for the quarter, compared to analysts’ expectations of $2.17 million. Rigetti Computing had a negative return on equity of 21.98% and a negative net margin of 4,741.49%.The firm’s revenue was down 18.1% compared to the same quarter last year. On average, equities research analysts expect that Rigetti Computing, Inc. will post -0.34 EPS for the current year.

Insider Buying and Selling

In related news, Director Helene Gail Sandford sold 62,000 shares of Rigetti Computing stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $44.89, for a total value of $2,783,180.00. Following the completion of the transaction, the director directly owned 120,371 shares in the company, valued at approximately $5,403,454.19. The trade was a 34.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Rigetti Computing

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Danske Bank A S purchased a new stake in Rigetti Computing during the 3rd quarter worth about $30,000. Parallel Advisors LLC lifted its holdings 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 worth $32,000 after buying an additional 871 shares in the last quarter. Clearstead Advisors LLC bought a new position in shares of Rigetti Computing in the third quarter valued at approximately $35,000. Ancora Advisors LLC purchased a new position in Rigetti Computing during the third quarter valued at approximately $38,000. Finally, Fifth Third Bancorp increased its holdings in Rigetti Computing by 13,960.0% during the 3rd quarter. Fifth Third Bancorp now owns 1,406 shares of the company’s stock worth $42,000 after acquiring an additional 1,396 shares during the period. 35.38% of the stock is currently owned by institutional investors.

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.