Rigetti Computing A

Rigetti Computing reported Q2 revenue of $5.13 million (+183% y/y) and an adjusted loss of $0.05 per share, thus meeting analyst expectations. Gross margin improved to 43%, but operating expenses increased to $30.3 million, resulting in higher operating and net losses. The company holds $541.3 million in cash, is debt-free, and anticipates further system deliveries and fidelity improvements through the end of 2026. Investors reacted negatively to the high costs and the long time horizon for a commercial quantum advantage; the stock fell about 5.6% in after-hours trading. » Más en de.investing.com

Rigetti Computing will release its results for the quarter ended June 30, 2026, on August 6, 2026. Analyst consensus forecasts show a quarterly loss per share of -$0.046 (prior year: -$0.130) on average revenue of $5.1 million (prior year: $1.8 million). For the fiscal year, analysts on average expect a loss per share of -$0.185 (prior year: -$0.700) and revenue of $23.6 million (prior year: $7.1 million). » Más en finanzen.net

Rigetti expands cooperation with HPE and the Pittsburgh Supercomputing Center for a hybrid quantum supercomputer. Benchmark initiates coverage with a buy recommendation and a $25 price target, which, together with a significant price jump on July 27, is driving the stock. Additional U.S. financing and expansions at AWS sustainably strengthen the company’s commercial reach. » Más en finanzen.net