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RIGETTI COMPUTING INC (RGTI) Stock Fundamental Analysis

USA - NASDAQ:RGTI - US76655K1034 - Common Stock

48.69 USD
-7.65 (-13.58%)
Last: 10/16/2025, 2:43:10 PM
Fundamental Rating

4

Overall RGTI gets a fundamental rating of 4 out of 10. We evaluated RGTI against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. RGTI has a great financial health rating, but its profitability evaluates not so good. RGTI is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

RGTI had negative earnings in the past year.
RGTI had a negative operating cash flow in the past year.
RGTI had negative earnings in each of the past 5 years.
RGTI had a negative operating cash flow in each of the past 5 years.
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's Return On Assets of -25.89% is on the low side compared to the rest of the industry. RGTI is outperformed by 83.04% of its industry peers.
RGTI's Return On Equity of -29.79% is on the low side compared to the rest of the industry. RGTI is outperformed by 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.
The Profit Margin and Operating Margin are not available for RGTI so they could not be analyzed.
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

An Altman-Z score of 130.55 indicates that RGTI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 130.55, RGTI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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 130.55
ROIC/WACCN/A
WACC11.56%
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.
RGTI's Current ratio of 41.57 is amongst the best of the industry. RGTI outperforms 100.00% of its industry peers.
RGTI has a Quick Ratio of 41.57. This indicates that RGTI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 41.57, RGTI belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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

RGTI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -88.51%.
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

RGTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.60% yearly.
RGTI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 68.62% yearly.
EPS Next Y76.98%
EPS Next 2Y34.4%
EPS Next 3Y22.52%
EPS Next 5Y18.6%
Revenue Next Year-25.96%
Revenue Next 2Y38.89%
Revenue Next 3Y50.79%
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 -100 -200

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

A more expensive valuation may be justified as RGTI's earnings are expected to grow with 22.52% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.4%
EPS Next 3Y22.52%

0

5. Dividend

5.1 Amount

RGTI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

RIGETTI COMPUTING INC

NASDAQ:RGTI (10/16/2025, 2:43:10 PM)

48.69

-7.65 (-13.58%)

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 Change-0.01%
Ins Owners0.31%
Ins Owner Change-4.11%
Market Cap15.78B
Analysts81.54
Price Target22.27 (-54.26%)
Short Float %14.33%
Short Ratio0.87
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)15.93%
PT rev (3m)47.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.4%
EPS NY rev (1m)-5.69%
EPS NY rev (3m)-17.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.72%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1991.65
P/FCF N/A
P/OCF N/A
P/B 28.53
P/tB 28.53
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
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
ROICexcg growth 3YN/A
ROICexcg 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 130.55
F-Score4
WACC11.56%
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 3Y22.52%
EPS Next 5Y18.6%
Revenue 1Y (TTM)-37.22%
Revenue growth 3Y24.88%
Revenue growth 5YN/A
Sales Q2Q%-41.64%
Revenue Next Year-25.96%
Revenue Next 2Y38.89%
Revenue Next 3Y50.79%
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