---
title: "Rigetti shares drop after Q1 growth fails to ease concerns"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286968241.md"
description: "Rigetti's shares fell despite a 199% year-over-year revenue increase to $4.4 million in Q1, boosted by a one-time gain. Operating expenses rose 24% due to significant investments in R&D and infrastructure. Analysts have mixed ratings, from Buy to Strong Buy, but caution over high valuations and competition may restrict future growth."
datetime: "2026-05-19T21:15:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286968241.md)
  - [en](https://longbridge.com/en/news/286968241.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286968241.md)
---

# Rigetti shares drop after Q1 growth fails to ease concerns

Revenue jump: First-quarter sales rose 199% year over year to $4.4 million, aided by a one-time gain that lifted net profit. Ongoing cost pressure: Operating expenses climbed 24% as Rigetti invested heavily in R&D, fabrication, and infrastructure, with high spending expected to continue. Analyst split: Brokerage ratings range from Buy to Strong Buy, but some warn that high valuation and competition could limit gains.

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