Rigetti Computing (RGTI) reported a smaller-than-expected third quarter adjusted loss while revenue missed consensus estimates as financial results for quantum computing stocks roll in. Rigetti stock dipped on the Q3 earnings report.
Rigetti reported Q3 earnings after the market close on Monday. For the September quarter, Rigetti reported a 3 cent loss per share on an adjusted basis versus a 7-cent loss a year earlier. Revenue fell 18% to $1.95 million.
Further, Wall Street analysts had forecast a 5-cent loss on revenue of $2.2 million.
Quantum Computing Stocks
On the stock market today, Rigetti stock dipped over 2% to 32.17 in extended trading. Heading into the earnings report, Rigetti stock had advanced 68% in 2025.
Meanwhile, Quantum Computing (QUBT) reports Thursday.
Quantum computing works on a subatomic level and uses exotic technologies, like supercold superconductor chips. Further, Quantum computing’s ultimate benefit is that it aims to solve problems too complex for today’s classical computers.
Meanwhile, quantum computing stocks have been volatile in 2025 amid controversy involving Nvidia (NVDA) over how soon commercially viable quantum technology will be available.
From a technical view, Rigetti stock holds a Composite Rating of 70 out of a best-possible 99, according to IBD Stock Checkup. IBD’s Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.
Meanwhile, Rigetti stock holds an Accumulation/Distribution Rating of A. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. (A+ signifies heavy institutional buying; E means heavy selling. Think of a C grade as neutral.)
Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.
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