Rigetti Computing - AI Stock Analysis

Analysis generated January 13, 2026

Rigetti Computing is a pioneer in the field of quantum computing. The company is engaged in the development of quantum processors and leverages both hardware and software ecosystems to provide quantum computing solutions. With a focus on integrating quantum computing into traditional workflows, Rigetti aims to push the envelope in terms of computational speed and efficiency.

Fundamental Analysis

In the last quarter, Rigetti Computing reported revenue of $1.9 million. This marks an increase of 8.11% compared to the previous quarter, a positive signal suggesting growth. However, on a year-over-year basis, there is a concerning drop of 18.12%, which indicates that the company may be struggling compared to the same period last year.

The net income for the last quarter was -$201 million. Compared to the previous quarter, this is a sharp decline of 406.80%. Year-over-year, the net income has decreased by an alarming 1,254.87%. Such steep declines suggest that Rigetti is facing significant challenges in profitability.

Similarly, EBITDA for the last quarter stood at -$199 million, which is a decrease of 1,005.70% compared to the previous quarter. Year-over-year, EBITDA decreased by 1,519.79%. These figures highlight severe operational and financial challenges for the company.

Moreover, recent insider selling may be a bearish signal, as it could indicate that those closest to the company's operations might be losing confidence in the stock's future performance.

Technical Analysis

The current stock price is $25.00. This represents a 3.25% decrease compared to a month ago, indicating short-term concerns. However, the stock price has increased by 179.33% over the past year, indicating strong long-term growth that may attract long-term investors.

The trend is bullish, supported by the current Simple Moving Average for 10 days (SMA10) being $24.91, higher than the previous SMA10 of $24.77. This upward trend is a positive signal for short-term momentum traders.

The Relative Strength Index (RSI) is 70.6, which indicates that the stock is in an overbought condition. This often signals a potential for a price pullback in the short term.

Alternative Data Analysis

When examining job postings and employee sentiment, Rigetti is showing signs of growth with 13 open positions, a 63% increase over the past couple of months. This could be an indicator that the company is expanding its operations, a positive sign.

The business outlook among employees is neutral, suggesting neither a highly optimistic nor pessimistic view internally.

In terms of customer acquisition, Rigetti has an estimated 70,000 website visitors. However, this number has decreased by 11% over the past few months, which could be concerning as it may signal a loss in customer interest or engagement.

In terms of customer engagement, the company has 22,000 followers on Twitter, an increase of 6% over the past couple of months, indicating growing interest in the firm's activities and announcements.

The AltIndex AI score for Rigetti Computing is 51, which translates to a hold signal. This score factors in multiple data points such as fundamentals, technicals, and alternative data to generate an overall sentiment for the stock.

Conclusion and Recommendation

Overall, Rigetti Computing appears to be a company with significant potential but also numerous challenges. The recent revenue growth quarter-over-quarter is a positive sign, but the year-over-year declines in revenue, net income, and EBITDA are points of concern. Technically, the stock shows a bullish long-term trend, although it is currently overbought as per the RSI. Alternative data presents a mixed bag; while job postings are up indicating potential growth, declining website traffic could be a worrisome sign.

Based on the composite analysis of fundamental, technical, and alternative data factors, a hold recommendation appears to be justified. Investors should keep an eye on the company's financial health and market sentiment to make more informed decisions moving forward.

Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.