Stock Track | Rigetti Computing Plunges 5.01% in Pre-market on Q4 Revenue Miss and Analyst Price Target Cuts

Stock Track03-05

Shares of quantum computing firm Rigetti Computing experienced a sharp pre-market plunge of 5.01% on Thursday.

The decline follows the company's release of its fourth-quarter financial results, which revealed revenue of $1.87 million, falling short of the $2.34 million analysts had expected. While the company's adjusted loss per share of 3 cents met consensus estimates, the revenue miss and a widening operating loss to $22.6 million disappointed investors.

Adding pressure to the stock, multiple analysts moved to lower their price targets on Rigetti shares. Jefferies reduced its target to $20 from $30, Mizuho Securities cut its target to $43 from $50, and Needham lowered its target to $31 from $51. The analyst actions reflect concerns over the company's commercial progress and path to profitability in the competitive quantum computing sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1162759030?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 20:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1162759030","market":"nz","top_or_hot":-1,"title":"Stock Track | Rigetti Computing Plunges 5.01% in Pre-market on Q4 Revenue Miss and Analyst Price Target Cuts","media":"Stock Track","content":"<p>Shares of quantum computing firm Rigetti Computing experienced a sharp pre-market plunge of 5.01% on Thursday.</p><p>The decline follows the company's release of its fourth-quarter financial results, which revealed revenue of $1.87 million, falling short of the $2.34 million analysts had expected. While the company's adjusted loss per share of 3 cents met consensus estimates, the revenue miss and a widening operating loss to $22.6 million disappointed investors.</p><p>Adding pressure to the stock, multiple analysts moved to lower their price targets on Rigetti shares. Jefferies reduced its target to $20 from $30, Mizuho Securities cut its target to $43 from $50, and Needham lowered its target to $31 from $51. The analyst actions reflect concerns over the company's commercial progress and path to profitability in the competitive quantum computing sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Rigetti Computing Plunges 5.01% in Pre-market on Q4 Revenue Miss and Analyst Price Target Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Rigetti Computing Plunges 5.01% in Pre-market on Q4 Revenue Miss and Analyst Price Target Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-03-05 20:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of quantum computing firm Rigetti Computing experienced a sharp pre-market plunge of 5.01% on Thursday.</p><p>The decline follows the company's release of its fourth-quarter financial results, which revealed revenue of $1.87 million, falling short of the $2.34 million analysts had expected. While the company's adjusted loss per share of 3 cents met consensus estimates, the revenue miss and a widening operating loss to $22.6 million disappointed investors.</p><p>Adding pressure to the stock, multiple analysts moved to lower their price targets on Rigetti shares. Jefferies reduced its target to $20 from $30, Mizuho Securities cut its target to $43 from $50, and Needham lowered its target to $31 from $51. The analyst actions reflect concerns over the company's commercial progress and path to profitability in the competitive quantum computing sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RGTI","symbol_name":"Rigetti Computing","start_time":0,"source_url":"","article_id":"1162759030","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1162759030","pubTimestamp":1772712767,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of quantum computing firm Rigetti Computing experienced a sharp pre-market plunge of 5.01% on Thursday.The decline follows the company's release of its fourth-quarter financial results, which...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RGTI":"Rigetti Computing"},"translate_title":"个股追踪|Rigetti Computing盘前暴跌5.01%，因Q4营收未达预期且分析师下调目标价","themeId":"253060f6d95075bfc0bfa57a310343ed","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RGTI":1},"content_text":"Shares of quantum computing firm Rigetti Computing experienced a sharp pre-market plunge of 5.01% on Thursday.The decline follows the company's release of its fourth-quarter financial results, which revealed revenue of $1.87 million, falling short of the $2.34 million analysts had expected. While the company's adjusted loss per share of 3 cents met consensus estimates, the revenue miss and a widening operating loss to $22.6 million disappointed investors.Adding pressure to the stock, multiple analysts moved to lower their price targets on Rigetti shares. Jefferies reduced its target to $20 from $30, Mizuho Securities cut its target to $43 from $50, and Needham lowered its target to $31 from $51. The analyst actions reflect concerns over the company's commercial progress and path to profitability in the competitive quantum computing sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1162759030","isCrawlerRequest":true}