Rigetti Computing
RGTI
About: Rigetti Computing Inc is engaged in the business of full-stack quantum computing. The company offers full-stack quantum computing platform as a cloud service to a wide range of end-users, directly through its Rigetti QCS platform, and also through cloud service providers. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, the company derives the majority of its revenue from the United States.
Employees: 140
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
123% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 65
117% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 41
101% more capital invested
Capital invested by funds: $735M [Q1] → $1.47B (+$740M) [Q2]
21% more call options, than puts
Call options by funds: $300M | Put options by funds: $248M
16% more funds holding
Funds holding: 301 [Q1] → 348 (+47) [Q2]
10.06% more ownership
Funds ownership: 32.44% [Q1] → 42.5% (+10.06%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Benchmark
David Williams
|
$20
|
Buy
Maintained
|
13 Aug 2025 |
Needham
Quinn Bolton
|
$18
|
Buy
Maintained
|
4 Aug 2025 |
B. Riley Securities
Craig Ellis
|
$19
|
Buy
Maintained
|
23 Jul 2025 |
Cantor Fitzgerald
Troy Jensen
|
$15
|
Overweight
Initiated
|
2 Jul 2025 |
Financial journalist opinion
Based on 49 articles about RGTI published over the past 30 days