What AI bubble is RGTI in?

Rigetti Computing, Inc. (RGTI) is mapped to the Quantum bubble on QuantAbundancia. Superconducting quantum.

What sector is RGTI in?

Rigetti Computing, Inc. is classified under GICS Information Technology (Technology Hardware, Storage & Peripherals).

What is RGTI's last close price?

RGTI last closed at $14.10 on 2026-07-16.

RGTI

NASDAQ

Rigetti Computing, Inc.

Information Technology · Technology Hardware, Storage & Peripherals

$14.10last close

-14.9%~252d

Price

-14.86% over 1Y

Thesis

as of 2026-07-16

Superconducting quantum hardware (Cepheus-1-108Q flagship, Ankaa-3, Novera benchtop) sold via QCaaS + Rigetti Foundry to US gov + national labs. Q1 2026 (5/11) rev beat sold off on CEO pivot from qubit-count milestones to fidelity messaging. $443M cash from Q2 2025 raise funds ~5.7y burn; $6.4B mcap on $7M TTM rev.

•2025-10-14 - Cycle peak $58.15 intraday; -78.5% drawdown to $12.53 by 2026-03-30. Distribution day 2025-10-16 (-14.9% on 139M vol).
•2025-Q2 - $381.7M equity raise; priced into the run-up before the Oct top. Q4 2025 shares 331.3M (+1.8% QoQ).
•2026-05-11 - Q1 2026 print: revenue beat, stock traded down. Barron's 5/12 framing: "flashy milestones are out, performance is in" - CEO pivoting messaging from qubit-count to error-rate/fidelity.
•2026-05-13 - Cepheus-1-108Q (108-qubit superconducting) launched; replaces 84-qubit Ankaa-3 + 36-qubit Cepheus-1.
•Snapshot 2026-05-14: price ~$19.30, mcap ~$6.44B, TTM rev ~$7.1M (P/S ~838x), fwd P/E negative, cash $443.5M, debt $7.2M, FCF burn -$77M/yr → ~5.7y runway. Short float 15.23%, beta 1.80, avg vol 28.7M.
•Setup tension: validated Quantum bubble (0.76 residualized, strongest co-mover) supports thematic exposure; IONQ leading peer race on revenue + backlog + enterprise adoption per Q1 2026. RGTI: better physics depth, weaker commercialization.
•Bubble-cycle history: Cycle 1 (Willow-driven, Dec 2024 / Jan 2025) ~7x; Cycle 2 (Oct 2025) ~4x. Each ended on dilution into the top + reversion to pre-revenue math.

Analyze RGTI· interactive tools

Bubbles· capital-flow co-movement

Top correlated· 252d co-movement

0.92
0.84
0.82
0.69
0.66

Frequently asked questions

What AI bubble is RGTI in?: Rigetti Computing, Inc. (RGTI) is mapped to the Quantum bubble on QuantAbundancia. Superconducting quantum.
What sector is RGTI in?: Rigetti Computing, Inc. is classified under GICS Information Technology (Technology Hardware, Storage & Peripherals).
What is RGTI's last close price?: RGTI last closed at $14.10 on 2026-07-16.

RGTI

Price

Thesis

Analyze RGTI· interactive tools

Bubbles· capital-flow co-movement

Top correlated· 252d co-movement

Frequently asked questions

Related research· long-form analysis touching RGTI

Recent news· high-signal only

Key levels

Facts