Rigetti Computing (RGTI) Earnings Preview: Quantum Bet Tests Investor Patience
Rigetti Computing prepares to report Q3 earnings amid a 2,121% annual stock surge, defying conventional valuation metrics. The quantum computing specialist faces Wall Street expectations of a reduced $0.05 per share loss, though revenue projections suggest an 8.8% decline to $2.17 million.
Market Optimism persists despite six earnings misses in eight quarters, reflecting sector-wide tolerance for cash burn in pursuit of quantum supremacy. Rigetti's superconducting qubit technology differentiates it from IonQ's trapped-ion systems and D-Wave's annealing approach, though all share the challenge of transforming theoretical potential into commercial viability.