Why Rigetti Computing, Inc.’s (RGTI) Stock Is Down 5.12%

By Jenna Brashear
June 08, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Rigetti Computing, Inc. before investing.

In this article, we go over a few key elements for understanding Rigetti Computing, Inc.’s stock price such as:

  • Rigetti Computing, Inc.’s current stock price and volume
  • Why Rigetti Computing, Inc.’s stock price changed recently
  • Upgrades and downgrades for RGTI from analysts
  • RGTI’s stock price momentum as measured by its relative strength

About Rigetti Computing, Inc. (RGTI)

Before we jump into Rigetti Computing, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

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Rigetti Computing, Inc.’s Stock Price as of Market Close

As of June 08, 2026, 10:01 AM, CST, Rigetti Computing, Inc.’s stock price was $21.530.

Rigetti Computing, Inc. is up 4.11% from its previous closing price of $20.680.

During the last market session, Rigetti Computing, Inc.’s stock traded between $20.725 and $21.850. Currently, there are approximately 332.06 million shares outstanding for Rigetti Computing, Inc..

Rigetti Computing, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Rigetti Computing, Inc. Stock Price History

Rigetti Computing, Inc.’s (RGTI) price is currently down 15.7% so far this month.

During the month of June, Rigetti Computing, Inc.’s stock price has reached a high of $28.060 and a low of $20.100.

Over the last year, Rigetti Computing, Inc. has hit prices as high as $58.150 and as low as $10.300. Year to date, Rigetti Computing, Inc.’s stock is down 2.8%.

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What Caused Rigetti Computing, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of June 05, 2026,, no analysts have changed their rating of Rigetti Computing, Inc.’s stock over the last month.

Additionally, you'll want to evaluate Rigetti Computing, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Rigetti Computing, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Rigetti Computing, Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Rigetti Computing, Inc. (RGTI) by visiting AAII Stock Evaluator.

Relative Price Strength of Rigetti Computing, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 05, 2026, Rigetti Computing, Inc. has a weighted four-quarter relative price strength of 18.10%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Rigetti Computing, Inc. Stock Price: Bottom Line

As of June 8, 2026, Rigetti Computing, Inc.’s stock price is $21.530, which is up 4.11% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Rigetti Computing, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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