Defiance Daily Target 2X Short RGTI ETF

OPTIMI HEALTH CORP

HCW Biologics

Silexion Therapeutics

Vida Global

GCL Global

BiomX

MetaVia

Micware

MicroAlgo

RGTI

SOXL

RGTX

RGTZ

SOXX

RGTU

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.

Rigetti Computing

Direxion Semicon Bull 3X

VanEck Semiconductor ETF

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Invesco Semiconductors ETF

SPDR S&P Semicon

iShares Semiconductor ETF

Tradr 2X Long RGTI Daily ETF

Rigetti Computing - CW27

Rigetti shares drop after Q1 growth fails to ease concerns

Rigetti Computing (RGTI) shares dropped 8.5% following Q1 results, despite Needham's view that customer traction is increasing. The company recognized less than half of the ~$5.7MM in orders for its 9-qubit Novera QPU systems, with expectations to recognize the rest in 2Q26. Rigetti shipped a Novera QPU to the University of Saskatchewan and anticipates revenue from a sale to a Japan-based organization in 2Q26. The company is on track to deliver its Cepheus-1-108Q to C-DAC in India by 4Q26. Needham maintains a Buy rating and a $31 price target on the stock.

Rigetti Computing sinks as Needham sees customer traction 'increasing' after Q1 results

IONQ

QBTS

IONX

IONL

Quantum computing firms are in earnings season, with IonQ reporting strong Q1 2026 results, including 755% YOY revenue growth, but widening losses. D-Wave and Rigetti are set to report soon, with D-Wave needing to show revenue growth and maintain cash reserves, while Rigetti must prove its commercial viability after a decline in revenue. Analysts remain supportive of both companies, but the upcoming earnings could determine investor patience amid recent share price declines.

Market Beat

IonQ

D-Wave Quantum

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NVIDIA

IONQ INC C/WTS 30/09/2026 (TO PUR COM)

D-WAVE QUANTUM INC C/WTS 05/08/2027 (TO PUR COM)

NVIDIA Corporation

Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players

Rigetti Computing (RGTI) will report Q1 2026 results on May 11, focusing on its ability to convert tech advancements into sales while managing cash burn. Analysts rate RGTI as Neutral with a price target of $16.50, indicating a potential 12.88% downside. Despite recent tech gains, revenue fell in 2025, and losses remained high. RGTI shares rose 3.27% to $18.94 on Friday.

Tip Ranks

Rigetti Earnings Preview: Investors Look for Revenue Proof after RGTI's Big Rally

Northland Securities has revised its FY2026 EPS estimates for Rigetti Computing (NASDAQ:RGTI), lowering it from ($0.13) to ($0.14) per share. The firm maintains a "Market Perform" rating with a price target of $20.00. Rigetti recently reported quarterly earnings of ($0.04) per share, surpassing expectations. The company experienced a 198.9% year-over-year revenue increase, totaling $4.40 million. Analysts have mixed ratings on the stock, with an average target price of $29.18 and a consensus rating of "Moderate Buy."

Mizuho Financial

Mizuho Financial Group, Inc.

ROYAL BANK OF CANADA

Toronto Dominion Bank

Northland Securities Estimates RGTI FY2026 Earnings

Rigetti Computing (RGTI) will report its Q1 earnings on May 11. The company has seen a 32% increase in shares over the past month, though it remains down 17.2% year-to-date. Investors will focus on RGTI's technology progress, cash burn, and updates on significant orders, including an $8.4 million contract for a 108-qubit quantum computer. Wall Street anticipates a narrower loss of $0.04 per share and revenue of $4.09 million. Public and individual investors own 66.25% of RGTI, with institutional investors holding the remainder.

Amazon

Defiance Quantum

WisdomTree Quantum Computing Fund

iShares USD Corp Bond UCITS ETF Acc

iShares III PLC - iShares Global Govt Bond UCITS ETF Accum USD

VanEck Vectors Semiconductor UCITS ETF Accum A USD

VanEck Vectors Morningstar US Wide Moat ETF Accum A USD

Invesco Elwood Global Blockchain UCITS ETF Accum Shs USD

Quantum Biopharma

Rigetti Computing Will Report Q1 Earnings on May 11; Here's Who Owns RGTI Stock

Shares of Rigetti Computing (NASDAQ:RGTI) are down following Q1 results, despite a 59% rise since March. Revenue increased 199.3% year-over-year to $4.4 million, but concerns over net losses and cash burn persist. Analyst John McPeake from Rosenblatt maintains a Buy rating, projecting a 108% upside to a price target of $40, while the average target is $30, indicating a 57% potential return. Rigetti aims for quantum advantage within three years, focusing on high two-qubit gate fidelity and expanding its quantum systems' accessibility.

Why Rigetti (RGTI) Stock Is Down Today and Why Rosenblatt Sees More Than 100% Upside

QBTZ

QBTX

QPUX

As quantum computing companies D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) prepare for their upcoming earnings reports, investors are weighing which stock looks more attractive. Using TipRanks' Stock Comparison tool, we compared QBTS and RGTI to see which quantum computing stock may be better positioned ahead of earnings. Currently, QBTS carries a Strong Buy rating with about 64% upside potential. In comparison, RGTI has a Moderate Buy rating, with an upside of around 62%.Claim 55% Off TipRanksTrade AMZN with leverage

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Defiance 2X Daily Long Pure Quantum ETF

D-Wave Quantum (QBTS) vs. Rigetti Computing (RGTI): Which Quantum Stock Is the Better Bet Ahead of Q1 Earnings?

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Rigetti Computing, Inc. (NASDAQ:RGTI) by 453.9% during Q4, owning 130,653 shares valued at $2.91 million. Other hedge funds also modified their positions in RGTI. CFO Jeffrey A. Bertelsen and CTO David Rivas sold shares recently, reducing their stakes. Rigetti's stock opened at $17.45, with a market cap of $5.80 billion. The company reported a quarterly loss of $0.03 EPS, beating estimates, but revenue fell 17.9% year-over-year. Analysts have set various price targets for the stock, ranging from $20.00 to $35.00.

Federated Hermes

B Riley Financial Pref Share RILYL 7.375 Perp 09/04/25 B

B Riley Financial Pref Share RILYG 7.25 12/21/27

B Riley Financial Pref Share RILYN 6.5 09/30/2026

B Riley Financial Pref Share RILYK 5.5 03/31/26

B Riley Financial Pref Share RILYP 6.875 Perp 10/07/24

B Riley Financial Pref Share RILYZ 5.25 08/31/28

B Riley Financial Pref Share RILYT 6.0 01/31/28

Universal Beteiligungs und Servicegesellschaft mbH Has $2.91 Million Holdings in Rigetti Computing, Inc. $RGTI

NVDA

Nvidia's advancements in AI have sparked a rally in quantum computing stocks, significantly impacting short and inverse ETFs. Companies like IonQ and Rigetti have seen gains of over 50% and 30%, respectively, while inverse ETFs like QBTZ and IONZ have plunged by up to 72%. Analysts suggest that Nvidia's developments could accelerate the commercialization of quantum technology, leading to renewed investor interest. However, concerns remain about the sustainability of this rally, as many quantum firms still report losses year-to-date. Betting against this emerging sector, now backed by Nvidia, has proven costly for short investors.

- The recent rise in quantum computing stocks, driven by Nvidia's AI advancements, has adversely affected short investors, particularly in inverse ETFs.  
- Quantum firms like IonQ and Rigetti saw significant stock gains, while inverse ETFs experienced substantial losses, plunging between 52% and 72% in value.  
- This trend reflects a shift in the market narrative, suggesting that Nvidia's support could shorten the commercialization timeline for quantum technology, despite ongoing concerns about its revenue potential.

Defiance Daily Target 2X Short RGTI ETF(RGTZ.US)