Rigetti Surpasses Earnings Expectations Despite Light Revenue in Quantum Computing Stocks

Bassyonni

ago 2 hours

Rigetti Surpasses Earnings Expectations Despite Light Revenue in Quantum Computing Stocks

Rigetti Computing (RGTI) has reported its financial results for the third quarter of 2025, revealing a mixed performance in the quantum computing sector. While the company managed to deliver a smaller-than-expected adjusted loss, its revenue fell short of analyst expectations.

Quarterly Performance Overview

In the recently concluded September quarter, Rigetti posted an adjusted loss of 3 cents per share. This is a significant improvement compared to the 7-cent loss recorded in the same quarter of the previous year. However, the company faced a revenue decline of 18%, bringing the total to $1.95 million.

Analyst Expectations

Prior to the earnings report, Wall Street analysts had anticipated a larger loss of 5 cents per share, along with expected revenue of approximately $2.2 million. This mismatch in projections led to a decline in Rigetti’s stock performance.

Market Reaction

Following the earnings announcement, Rigetti’s stock price fell by over 2% to $32.17 in after-hours trading.
Leading up to its earnings report, the stock had surged 68% in 2025.

Insights into Quantum Computing

Quantum computing operates on a subatomic level and employs advanced technologies such as supercold superconductor chips. Its potential lies in tackling complex problems that are beyond the capabilities of classical computers. However, the sector has been marked by volatility in 2025, particularly around debates concerning Nvidia (NVDA) and the timeline for commercially viable quantum technologies.

Stock Ratings

From a technical perspective, Rigetti holds a Composite Rating of 70 out of a maximum of 99, according to IBD Stock Checkup. This rating stems from a combination of five proprietary metrics and indicates moderate strength, though higher-performing stocks typically receive a rating of 90 or above. Additionally, Rigetti has an Accumulation/Distribution Rating of A, signifying a favorable trend in institutional buying based on recent price and volume fluctuations.

For ongoing updates on advancements in artificial intelligence, cybersecurity, and cloud computing, follow Reinhardt Krause on X, formerly known as Twitter, at @reinhardtk_tech.