Is Rigetti Computing (NASDAQ:RGTI) a buy in 2026?
No. Rigetti Computing is one to avoid for now, per the Compass.
A $4.9B market cap on declining revenue and $42M annual cash burn is quantum hype outrunning quantum reality by years.
Where RGTI is headed
By late 2027, Rigetti will likely have its next-generation processor (potentially in the 100-200+ qubit range) operational and accessible via QCaaS, but it will still be far from quantum advantage in commercially meaningful workloads. Revenue will likely be in the $30-50M range — a big percentage jump off a tiny base, driven by government contracts, foundry services, and early enterprise pilots — but operating losses will persist at $80-100M+ annually as R&D spending remains heavy. The company will probably need another capital raise within this window, diluting shareholders further.
Read the full Compass Direction on RGTI
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios.
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Frequently asked questions
Is Rigetti Computing (NASDAQ:RGTI) a buy in 2026?
No. Rigetti Computing is one to avoid for now, per the Compass. A $4.9B market cap on declining revenue and $42M annual cash burn is quantum hype outrunning quantum reality by years.
What is RGTI's Compass Score?
Rigetti Computing scores 90/100 on Alexandria's Compass, placing it in the "True North" tier. Scores blend eight factors and update weekly.
What is the price target for RGTI?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the RGTI page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.