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RIGETTI COMPUTING INC (RGTI) Stock Fundamental Analysis

USA - NASDAQ:RGTI - US76655K1034 - Common Stock

33.77 USD
-0.59 (-1.72%)
Last: 11/7/2025, 8:14:37 PM
34.67 USD
+0.9 (+2.67%)
After Hours: 11/7/2025, 8:14:37 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to RGTI. RGTI was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. No worries on liquidiy or solvency for RGTI as it has an excellent financial health rating, but there are worries on the profitability. While showing a medium growth rate, RGTI is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year RGTI has reported negative net income.
In the past year RGTI has reported a negative cash flow from operations.
In the past 5 years RGTI always reported negative net income.
In the past 5 years RGTI always reported negative operating cash flow.
RGTI Yearly Net Income VS EBIT VS OCF VS FCFRGTI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

RGTI has a Return On Assets of -25.89%. This is amonst the worse of the industry: RGTI underperforms 83.04% of its industry peers.
The Return On Equity of RGTI (-29.79%) is worse than 78.57% of its industry peers.
Industry RankSector Rank
ROA -25.89%
ROE -29.79%
ROIC N/A
ROA(3y)-50.88%
ROA(5y)-47.83%
ROE(3y)-91.47%
ROE(5y)-94.71%
ROIC(3y)N/A
ROIC(5y)N/A
RGTI Yearly ROA, ROE, ROICRGTI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -50 -100 -150

1.3 Margins

The Gross Margin of RGTI (40.57%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of RGTI has declined.
RGTI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 40.57%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.28%
GM growth 5YN/A
RGTI Yearly Profit, Operating, Gross MarginsRGTI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 0 -500 -1K -1.5K

8

2. Health

2.1 Basic Checks

RGTI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, RGTI has more shares outstanding
RGTI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
RGTI Yearly Shares OutstandingRGTI Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
RGTI Yearly Total Debt VS Total AssetsRGTI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

RGTI has an Altman-Z score of 79.30. This indicates that RGTI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of RGTI (79.30) is better than 98.21% of its industry peers.
There is no outstanding debt for RGTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 79.3
ROIC/WACCN/A
WACC11.8%
RGTI Yearly LT Debt VS Equity VS FCFRGTI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

2.3 Liquidity

RGTI has a Current Ratio of 41.57. This indicates that RGTI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of RGTI (41.57) is better than 100.00% of its industry peers.
A Quick Ratio of 41.57 indicates that RGTI has no problem at all paying its short term obligations.
The Quick ratio of RGTI (41.57) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 41.57
Quick Ratio 41.57
RGTI Yearly Current Assets VS Current LiabilitesRGTI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50M 100M 150M 200M

6

3. Growth

3.1 Past

The earnings per share for RGTI have decreased strongly by -88.51% in the last year.
RGTI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -37.22%.
The Revenue has been growing by 24.88% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-88.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)-37.22%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-41.64%

3.2 Future

The Earnings Per Share is expected to grow by 18.60% on average over the next years. This is quite good.
The Revenue is expected to grow by 68.62% on average over the next years. This is a very strong growth
EPS Next Y76.98%
EPS Next 2Y34.4%
EPS Next 3Y22.6%
EPS Next 5Y18.6%
Revenue Next Year-26.08%
Revenue Next 2Y39.73%
Revenue Next 3Y53.24%
Revenue Next 5Y68.62%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
RGTI Yearly Revenue VS EstimatesRGTI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M
RGTI Yearly EPS VS EstimatesRGTI Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 -0.2 -0.4 -0.6 -0.8

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for RGTI. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for RGTI. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
RGTI Price Earnings VS Forward Price EarningsRGTI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 -50 -100 -150

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
RGTI Per share dataRGTI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1 1.5

4.3 Compensation for Growth

RGTI's earnings are expected to grow with 22.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.4%
EPS Next 3Y22.6%

0

5. Dividend

5.1 Amount

No dividends for RGTI!.
Industry RankSector Rank
Dividend Yield N/A

RIGETTI COMPUTING INC

NASDAQ:RGTI (11/7/2025, 8:14:37 PM)

After market: 34.67 +0.9 (+2.67%)

33.77

-0.59 (-1.72%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)08-12 2025-08-12/amc
Earnings (Next)11-10 2025-11-10/amc
Inst Owners37.55%
Inst Owner Change0.39%
Ins Owners0.31%
Ins Owner Change-4.52%
Market Cap10.95B
Revenue(TTM)7.92M
Net Income(TTM)-164.83M
Analysts81.54
Price Target27.37 (-18.95%)
Short Float %13.05%
Short Ratio0.48
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-62.62%
Min EPS beat(2)-106.4%
Max EPS beat(2)-18.84%
EPS beat(4)1
Avg EPS beat(4)-202.09%
Min EPS beat(4)-699.1%
Max EPS beat(4)15.96%
EPS beat(8)3
Avg EPS beat(8)-101.36%
EPS beat(12)4
Avg EPS beat(12)-69.89%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-24.59%
Min Revenue beat(2)-43.43%
Max Revenue beat(2)-5.76%
Revenue beat(4)0
Avg Revenue beat(4)-22.51%
Min Revenue beat(4)-43.43%
Max Revenue beat(4)-5.76%
Revenue beat(8)1
Avg Revenue beat(8)-14.96%
Revenue beat(12)4
Avg Revenue beat(12)-10.1%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)40%
PT rev (3m)76.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.12%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-10.62%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-6.28%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1381.35
P/FCF N/A
P/OCF N/A
P/B 19.79
P/tB 19.79
EV/EBITDA N/A
EPS(TTM)-0.89
EYN/A
EPS(NY)-0.19
Fwd EYN/A
FCF(TTM)-0.2
FCFYN/A
OCF(TTM)-0.17
OCFYN/A
SpS0.02
BVpS1.71
TBVpS1.71
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -25.89%
ROE -29.79%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 40.57%
FCFM N/A
ROA(3y)-50.88%
ROA(5y)-47.83%
ROE(3y)-91.47%
ROE(5y)-94.71%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.28%
GM growth 5YN/A
F-Score4
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 161.4%
Cap/Sales 148.57%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 41.57
Quick Ratio 41.57
Altman-Z 79.3
F-Score4
WACC11.8%
ROIC/WACCN/A
Cap/Depr(3y)202.21%
Cap/Depr(5y)N/A
Cap/Sales(3y)117.3%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-88.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y76.98%
EPS Next 2Y34.4%
EPS Next 3Y22.6%
EPS Next 5Y18.6%
Revenue 1Y (TTM)-37.22%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-41.64%
Revenue Next Year-26.08%
Revenue Next 2Y39.73%
Revenue Next 3Y53.24%
Revenue Next 5Y68.62%
EBIT growth 1Y-15.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year14.12%
EBIT Next 3Y17.16%
EBIT Next 5Y11.34%
FCF growth 1Y17.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.13%
OCF growth 3YN/A
OCF growth 5YN/A

RIGETTI COMPUTING INC / RGTI FAQ

What is the fundamental rating for RGTI stock?

ChartMill assigns a fundamental rating of 4 / 10 to RGTI.


Can you provide the valuation status for RIGETTI COMPUTING INC?

ChartMill assigns a valuation rating of 1 / 10 to RIGETTI COMPUTING INC (RGTI). This can be considered as Overvalued.


What is the profitability of RGTI stock?

RIGETTI COMPUTING INC (RGTI) has a profitability rating of 0 / 10.


Can you provide the financial health for RGTI stock?

The financial health rating of RIGETTI COMPUTING INC (RGTI) is 8 / 10.


Can you provide the expected EPS growth for RGTI stock?

The Earnings per Share (EPS) of RIGETTI COMPUTING INC (RGTI) is expected to grow by 76.98% in the next year.