--- 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. ### Related Stocks - [RGTI.US](https://longbridge.com/en/quote/RGTI.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [RGTX.US](https://longbridge.com/en/quote/RGTX.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [RGTZ.US](https://longbridge.com/en/quote/RGTZ.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [RGTU.US](https://longbridge.com/en/quote/RGTU.US.md) - [RGTIW.US](https://longbridge.com/en/quote/RGTIW.US.md) ## Related News & Research - [What's Going On With Rigetti Computing On Tuesday?](https://longbridge.com/en/news/286119324.md) - [KLA approves 10-for-1 stock split and dividend hike](https://longbridge.com/en/news/286340025.md) - [NoMIS Power joins ARPA-E DC-GRIDS consortium](https://longbridge.com/en/news/286856430.md) - [Dell AI Factory gets rack-scale infrastructure refresh](https://longbridge.com/en/news/286815371.md) - [Rigetti Computing revenue triples. Why the quantum stock is falling.](https://longbridge.com/en/news/286003094.md)