Overview
- Yahoo Finance warns the stock looks like a falling knife rather than a dip to buy after a drop of about 66% from its peak.
- Rigetti builds superconducting quantum chips and sells access to its systems through the cloud, with some hardware sold to government and research buyers.
- In 2025 the company booked roughly $7.1 million in revenue and a GAAP net loss of more than $216 million.
- First‑quarter 2026 revenue reached $4.4 million, yet operating losses continued according to the report.
- The shares trade at about 607 times annual sales, and the CEO sold roughly 1 million shares near last year’s peak for about $11 million.