Key Highlights

  • Rigetti Computing (NASDAQ:RGTI) was trading down 7.31% at USD 9.57 on Friday, November 13, 2026, in market data, and no company announcement explaining the move was found.
  • The 52-week range listed on November 6 was USD 9.19 to USD 37.14, which puts today's price about 4.1% above the low and about 74.2% below the high (calculated).
  • Second-quarter 2026 Revenue was USD 5.14 million with a net loss of USD 52.61 million, while full-year 2025 revenue was USD 7.09 million and the net loss was USD 216.21 million.
  • The shares closed at USD 11.75 on November 6 after a 19.29% rise, and today's price is about 18.5% below that close (calculated), a sharp Reversal inside one week.

A Slide Toward the Low After a Sharp Rebound

Rigetti Computing (NASDAQ:RGTI) was trading at USD 9.57, down 7.31%, while IonQ was down 7.39% in the same screener of decliners. On November 6 the shares closed at USD 11.75, up 19.29%, with a Market Value of USD 3.92 billion. Today's price is about 18.5% below that close and implies a market value near USD 3.2 billion (both calculated). The 52-week low of USD 9.19 was listed as of November 6, so a newer low may have been set since, and the proximity should be treated as approximate.

Tiny Revenue Against a Large Loss Before Third-Quarter Results

The company builds superconducting quantum computers and the chips inside them. Revenue for the second quarter ended June 30, 2026 was USD 5.14 million against a net loss of USD 52.61 million, and trailing twelve-month revenue was about USD 13.35 million. For full-year 2025 the company reported revenue of USD 7.09 million and a net loss of USD 216.21 million, so losses have run at more than 30 times annual revenue (calculated). The company said it would report third-quarter results and hold a call on November 10, 2026, but those results were not found, so this article does not describe them. One research firm was listed in market data as cutting its target to USD 25 from USD 35 around November 3 while maintaining its rating, which is single-source and unconfirmed.

Sector Swings, Thin Revenue and No Confirmed Trigger

No company announcement explaining today's decline was found, and the screener move is the figure of record only for the live session. Published coverage described quantum shares as high-beta bets on technology sentiment that sold off with chip stocks on November 5 and rebounded on November 6, but a sector driver for November 13 was not documented. The main risks are cash burn against small revenue, the possibility of share issuance to fund operations and a valuation that depends on technology milestones years away. A small number of trades can move such shares, and quoted moves can reverse.

Where Things Stand

The shares were trading about 4.1% above the November 6 52-week low of USD 9.19 after a 7.31% drop, though that low may have been reset. No company-specific trigger was found. Rigetti Computing (NASDAQ:RGTI) remains a small-revenue, loss-making Business whose price tracks quantum sentiment, and its third-quarter report was scheduled for November 10. Next markers are those results, any financing, the cash balance, which was not found here, and the roadmap for error-corrected systems.