RGTI NASDAQ Week ended 24 Jul 2026

Weekly Investor Report

Rigetti Computing Inc · Technology · Computer Hardware

Latest close 14.15 USD
0.3% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -24.2% below the Trend Line and sits at 3.6% of its 52-week range. The latest completed week returned 0.3%, after a -22.9% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is expensive relative to peers. Options positioning is bullish with 37/100 conviction, while the latest news-sentiment score is 51/100. Near-term considerations: volume confirmation is below normal; earnings are due in 13d.

Setup score 17 out of 100
Latest Close 14.15 USD 24 Jul 2026
1W Return 0.3% latest completed week
4W Return -22.9% short-term follow-through
12W Return -19.1% quarterly tape
Trend Breadth 44.2% 23 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • Next-week expectancy is negative at 44.72% based on similar historical setup states.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -24.2% below the Trend Line and sits at 3.6% of its 52-week range. The latest completed week returned 0.3%, after a -22.9% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.6x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.3012-week average 0.26

12-week confirmation

Trend active0/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure10/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership1/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.30Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -22.9% over four weeks, -19.1% over 12 weeks, and -8.4% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W0.3%
4W-22.9%
12W-19.1%
26W-39.7%
52W-8.4%
Active trend streak0 weeks
Active weeks in one year23
Trend breadth44.2%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.41Latest activity-pressure read.
Pressure change-162.2%Four-week change in activity pressure.
Leadership-41.73Latest relative-leadership reading.
RS change-52.4%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth is moderate; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Dec 2025 Field coverage 82% Model confidence 78%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength3/100Blend of value, momentum, and quality. Underlying universe rank 98; rank 1 is best.
Value15/100Relative valuation strength. Underlying universe rank 86; rank 1 is best.
Quality3/100Profitability and accounting quality. Underlying universe rank 98; rank 1 is best.
Momentum27/100Medium-term price momentum. Underlying universe rank 74; rank 1 is best.
Growth68/100Revenue and earnings growth. Underlying universe rank 33; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
-
Price divided by trailing earnings.
Price / sales
469.6x
Market value relative to trailing revenue.
EV / EBITDA
-
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-0.9%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
-19.8%
Gross profit retained from each unit of revenue.
Operating margin
-2253.6%
Operating profit retained from revenue.
Free-cash-flow margin
-405.0%
Free cash flow generated from revenue.
Return on invested capital
-31.2%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
8.8%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
3/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-8.1%
Net share repurchases relative to market value.
Shareholder yield
-8.1%
Dividend yield plus net buyback yield.
Net debt / EBITDA
0.2x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

RGTI shows bullish options pressure with a 37/100 conviction score, put-call volume ratio of 0.40, expected move of 8.5%, and Sharemaestro trend signal inactive.

Conviction37/100
Expected move8.5%
Put/call volume0.40
Pressure45
Speculation42
Volatility90
Trend agreement1
Open options detail
Insider activity8 / 12

8 acquisitions and 12 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment51/100

Weighted news tone is neutral across 59 relevant articles.

11 positive · 38 neutral · 10 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings13dNext report is scheduled for 11 Aug 2026; event risk rises as the date approaches.
Options expected move8.5%Nearest-chain priced movement where available.
52-week drawdown-75.7%Distance below the 52-week high.
13-week volatility15.9%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher10 of 2616 weeks finished lower.
Best week+48.0%Week of 22 May.
Worst week-22.5%Week of 30 Jan.
Latest week+0.3%Week of 24 Jul.

Shape of recent returns

Strong gains6
Modest gains4
Flat weeks0
Modest losses5
Sharp losses11
Recent vol15.9%13-week weekly-return volatility.
Base vol15.5%52-week weekly-return volatility.
Up/down split25/27Count of positive and negative weeks in the 52-week window.
Average skew12.8% / -10.1%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
24 Jul 202614.15 USD0.3%18.66 USD10.41 USD-0.41-41.73102.1MOff
17 Jul 202614.11 USD-14.7%18.93 USD10.33 USD-0.11-43.03117.9MOff
10 Jul 202616.54 USD-7.8%19.25 USD10.25 USD0.19-36.35100.9MOff
3 Jul 202617.94 USD-2.3%19.56 USD10.16 USD0.42-29.68100.5MOff
26 Jun 202618.36 USD-14.0%19.90 USD10.05 USD0.65-27.38181.5MOff
19 Jun 202621.36 USD1.8%20.14 USD9.94 USD0.94-19.07139.8MOff
12 Jun 202620.98 USD1.5%20.22 USD9.81 USD1.26-18.04198.6MOff
5 Jun 202620.68 USD-19.0%20.37 USD9.68 USD1.29-17.01320.9MOff
29 May 202625.54 USD-3.3%20.80 USD9.56 USD1.18-1.70292.8MOff
22 May 202626.42 USD48.0%21.43 USD9.40 USD0.815.27431.1MOff
15 May 202617.85 USD-5.8%21.84 USD9.24 USD0.34-27.65182.2MOff
8 May 202618.94 USD8.2%22.79 USD9.13 USD0.31-23.38131.5MOff
1 May 202617.50 USD5.4%23.63 USD9.01 USD-0.13-25.1199.4MOff
24 Apr 202616.61 USD-16.2%24.38 USD8.90 USD-0.41-27.65155.0MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.