Rigetti Computing
-5%
est. 2Y upside i
Rank
#2422
Sector
Quantum computing
Est. Liquidity
~2Y
Data Quality
Data: MediumRigetti offers significant upside potential if it executes on its quantum roadmap and government contracts, but the current valuation at 468x revenue implies extreme expectations.
Last updated: July 21, 2026
Rigetti capitalizes on CHIPS Act funding and government contracts, achieving quantum milestones and expanding revenue to ~$53M. Exit multiple expands to 200x, driving 80% net upside.
Revenue grows to ~$53M, multiple compresses to 125x in line with peers, resulting in 21% net upside after 20% dilution.
Competition from IBM/Google intensifies, revenue growth disappoints, multiple falls to 50x, leading to -63.6% net downside.
Preference Stack Risk
lowFunding Intensity
4%Total funding $198M vs valuation $4.69B, giving a low 4.2% preference overhang.
Dilution Risk
moderateWith negative cash flow and high burn, a future capital raise likely dilutes by ~20%.
Secondary Liquidity
activePublicly traded on NASDAQ under RGTI, providing immediate liquidity post-vesting.
Questions to Ask at the Interview
Strategic questions based on Rigetti Computing's data — designed to show you've done your homework.
- 1
“How would Rigetti defend against IBM's quantum advantage given their resources?”
- 2
“What is the path to profitability given high R&D costs?”
- 3
“Given the negative expected upside, what other compensation levers can be adjusted?”
Community
Valuation Sentiment
Our model estimates -5% upside. What do you think?
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.