Rigetti Shares Drop 9.8% Before Q4 Earnings Forecasting $0.04 Loss
Rigetti shares fell 9.8% to $16.82 ahead of March 4 earnings, where analysts forecast a $0.04 per-share loss on $2.46 million revenue versus a $0.08 loss on $2.27 million, even as IonQ posted $61.9 million, up 429%. After peaking at $56.34 late 2025, shares have collapsed more than 70%.
1. Upcoming Q4 Earnings Expectations
Rigetti is set to report fourth-quarter results on March 4, with analysts forecasting a per-share loss of $0.04 on revenue of $2.46 million. This would mark an improvement from the prior quarter’s loss of $0.08 on $2.27 million in sales, putting focus on topline growth in its early commercialization phase.
2. Sector Dynamics Following IonQ Beat
The quantum computing sector has gained momentum after IonQ delivered $61.9 million in Q4 revenue, a 429% year-over-year increase. Investors are watching whether Rigetti can replicate such growth, given rising expectations for rapid scaling in hardware and cloud-based quantum services.
3. Share Price Performance and Technical Trends
Rigetti’s stock peaked near $56.34 in late 2025 but has since plunged over 70%, closing around $16.82. Short-term moving averages have rolled over under the 200-day trend, signaling waning momentum despite a longer-term uptrend in quantum technology adoption.