Rigetti Computing, Inc. (RGTI) shares fell 1.3% to $15.74 as of September 29, 2026, a modest decline from the prior close of $15.95. BestStocks flagged the session as a major change for RGTI. Below, we break down what changed for RGTI, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
RGTI fell 1.3% to $15.74
RGTI fell 1.3% in its latest session, moving from $15.95 to $15.74.
ActivityWeak confidence
Rel. volume
0.4×
Below Avg
Vs peers
—
No comparable peers
Market cap
$5.2B
NASDAQ Capital Market
Analyst target
$22
+37.7% vs price
Price chart
Aug 31 – Sep 29
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Rigetti Computing, Inc. investors
For Rigetti Computing, Inc. investors, the recent signals add up to a bearish shift. On the constructive side: Positive price momentum; Rigetti Computing, Inc. (RGTI) moved +7.23% from $14.25 to $15.28 on 2026-07-21. Weighing against that: Material negative event; Negative session, down 1.3%. Wall Street's consensus price target sits at $21.67, implying +37.7% upside from $15.74. BestStocks rates the overall signal quality weak (28/100). With earnings roughly 41 days out, the next report is the most likely near-term test of the move.
RGTI price reaction
RGTI last traded at $15.74, down $0.21 (-1.32%) from the previous close of $15.95. The session traded on 0.4× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $14.79 and $16.66, and it currently sits about 51% of the way up that band.
Bullish and bearish analyst opinions on Rigetti Computing, Inc. (RGTI)
The consensus analyst price target on Rigetti Computing, Inc. (RGTI) is $21.67, 37.7% above the recent $15.74. Over the past 90 days analysts logged 0 upgrades, 1 maintain, and 0 downgrades. Here is how the bullish and bearish cases on RGTI line up.
▲ The bullish case
+Wall Street's consensus price target of $21.67 implies +37.7% upside from $15.74.
+The Street's most bullish target is $27.00 (+71.5%).
+Positive price momentum.
+Rigetti Computing, Inc. (RGTI) moved +7.23% from $14.25 to $15.28 on 2026-07-21.
▼ The bearish case
−Material negative event.
−Negative session, down 1.3%.
−Rigetti Computing, Inc. (RGTI) moved -7.54% from $15.25 to $14.10 on 2026-07-16.
Bull vs bear balanceBearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Sep 29, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Rigetti Computing shares rose 7.51% to $15.90, driven by finalized terms on a $100 million milestone-based CHIPS Act agreement with the U.S. Department of Commerce and continued sector momentum in quantum stocks (per web synthesis). Volume spiked to 8.4M shares, 2.02x the time-adjusted expected level, reflecting elevated investor interest. Recent commercial traction—including multi-million dollar orders for systems like those going to India's C-DAC—has sustained positive sentiment despite the company's unprofitable status.
Material / Earnings2026-09-14+0.0%
Rigetti Computing, Inc. (RGTI) moved +5.08% from $14.53 to $15.27 on 2026-09-14, continuing momentum from its finalized $100 million federal award agreement with the U.S. government to accelerate superconducting quantum computing R&D.
Rigetti Computing secured a $100 million award under the U.S. Department of Commerce CHIPS Act initiative for quantum computing R&D, according to Yahoo Finance. The company will issue a minority, non-controlling equity stake to the government as part of the agreement. RGTI rose 4.34% to $15.86 on elevated volume of 27.4 million shares (3.77x expected for this time of day), part of a broader positive sentiment across quantum stocks including D-Wave and Quantinuum.
Material / Earnings2026-08-24-8.6%
Rigetti Computing, Inc. (RGTI) moved -6.43% from $17.50 to $16.37 on 2026-08-24. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found.
Material / Earnings2026-08-21+11.4%
Rigetti Computing, Inc. (RGTI) moved +9.81% from $16.31 to $17.91 on August 21, 2026, driven by sector sympathy after peer D-Wave Quantum (QBTS) received an outperform rating and analyst upgrade from BMO Capital. The move was also supported by investor recirculation to Rigetti's Q2 2026 results, which showed 185.3% year-over-year revenue growth to $5.1 million from on-premises Novera quantum hardware sales, and ongoing optimism around potential $100 million in CHIPS Act R&D funding.
Material / Earnings2026-08-07+8.5%
Rigetti Computing, Inc. (RGTI) moved +6.89% from $16.78 to $17.94 on 2026-08-07. We checked news, earnings announcements, analyst updates, filings, and corporate actions — no company-specific catalyst was found. Volume was 1.4x the 5-day average, modestly elevated, with earnings scheduled for announcement on 2026-08-11.
Upcoming catalysts & outlook
Next earnings
2026-11-09 (est.)
in 41 days
Earnings Release
2026-11-09
High impact
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events
Frequently asked questions about RGTI
Why did Rigetti Computing, Inc. (RGTI) stock move?
RGTI fell 1.3% to $15.74. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did RGTI stock fall?
RGTI lost 1.32% ($0.21) versus the prior close of $15.95, last trading at $15.74 on 0.4× average volume.
When is Rigetti Computing, Inc.'s next earnings date?
RGTI's next earnings report is estimated for 2026-11-09 — about 41 days away.
What is the analyst price target for RGTI?
The consensus analyst price target for RGTI is $21.67, about 37.7% above the current $15.74. Over the past 90 days, analysts recorded 0 upgrades, 1 maintain, and 0 downgrades.
How BestStocks tracks RGTI
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared RGTI-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for RGTI, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 29, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
