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Rigetti Computing Misses Earnings, Price Target Raised to $35

9/23/2025

45 5 Full Breakdown

Summary

Story summary

On August 12, Rigetti Computing (NASDAQ:RGTI) reported a $0.05 loss per share, vs. $0.06 estimates.
Revenue was $1.80 million, below $1.87 million expected, with a negative net margin of 2,134.92%.
B. Riley Financial raised Rigetti’s price target from $19 to $35, maintaining Buy rating.
Despite a $9B market cap, Rigetti shows minimal revenue; insider sales totaled 457,624 shares worth $8.5M.

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Story summary

On August 12, Rigetti Computing (NASDAQ:RGTI) reported a $0.05 loss per share, vs. $0.06 estimates.
Revenue was $1.80 million, below $1.87 million expected, with a negative net margin of 2,134.92%.
B. Riley Financial raised Rigetti’s price target from $19 to $35, maintaining Buy rating.
Despite a $9B market cap, Rigetti shows minimal revenue; insider sales totaled 457,624 shares worth $8.5M.