Rigetti Computing, Inc. (RGTI) ended the recent trading session at $15.99, demonstrating a -2.91% change from the preceding day's closing price. This change lagged the S&P 500's 0.73% gain on the day. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 1.21%.
Coming into today, shares of the company had gained 23.09% in the past month. In that same time, the Computer and Technology sector gained 2.75%, while the S&P 500 gained 0.47%.
Analysts and investors alike will be keeping a close eye on the performance of Rigetti Computing, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on August 12, 2025. The company is expected to report EPS of -$0.06, up 14.29% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.91 million, down 38.19% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.05 per share and revenue of $8.78 million. These totals would mark changes of +86.11% and -18.63%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Rigetti Computing, Inc. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Right now, Rigetti Computing, Inc. possesses a Zacks Rank of #3 (Hold).
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 79, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RGTI in the coming trading sessions, be sure to utilize Zacks.com.
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Rigetti Computing, Inc. (RGTI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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