RGTI's Q2 revenues surge 185.3% and beat estimates, but widening losses and higher R&D and SG&A costs continue to pressure profitability.
Rigetti Computing NASDAQ: RGTI reported second-quarter 2026 revenue of approximately $5.1 million, up from $1.8 million a year earlier, as the quantum computing company recognized revenue from previously announced on-premises Novera quantum processing unit purchase orders.
Rigetti Computing, Inc. (RGTI) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.05 per share a year ago.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Rigetti Computing (NASDAQ:RGTI) has cooled hard from its highs, trading at $14.86 after a 32.9% year-to-date decline, yet the stock is up 4.9% over one year and 53.0% over five years.
D-Wave's record bookings, expanding backlog and stronger commercial traction give it the edge over Rigetti ahead of second-quarter earnings.
Rigetti Computing (RGTI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Rigetti Computing, Inc. (RGTI) closed the most recent trading day at $14.15, moving 4.71% from the previous trading session.
In the most recent trading session, Rigetti Computing, Inc. (RGTI) closed at $14.85, indicating a -2.5% shift from the previous trading day.
Rigetti Computing, Inc. (RGTI) closed at $14.11 in the latest trading session, marking a -7.48% move from the prior day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Quantinuum's IPO renews quantum computing interest as Rigetti advances its roadmap amid early commercial adoption and ongoing losses.