Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Rigetti Computing Inc shares valued at $523,000 were purchased by McCarthy Cathy L on Jun 23 ’25. At $10.46 per share, McCarthy Cathy L acquired 50,000 shares.
Also, McCarthy Cathy L purchased 50,000 shares, netting a total of over 553,000 in proceeds.
Before that, Fitzgerald Alissa had added 77,284 shares to its account. In a trade valued at $935,136, the Director bought Rigetti Computing Inc shares for $12.10 each.
As published in their initiating research note from Craig Hallum on December 20, 2024, Rigetti Computing Inc [RGTI] has been a Buy and the price target has been revised to $12. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of March 01, 2024, Alliance Global Partners has initiated its “Buy” rating for RGTI. Earlier on August 11, 2023, The Benchmark Company upgraded its rating. Their new recommendation was “a Buy” for RGTI stock which previously was a “a Hold”.
Analyzing RGTI Stock Performance
On last trading session,, Rigetti Computing Inc [NASDAQ: RGTI] plunged -3.57% to $11.09. The stock’s lowest price that day was $11.03, but it reached a high of $12.03 in the same session. During the last five days, there has been a drop of approximately -3.40%. Over the course of the year, Rigetti Computing Inc shares have jumped approximately 1063.57%. Shares of the company reached a 52-week high of $21.42 on 01/06/25 and a 52-week low of $5.95 on 01/13/25.
Support And Resistance Levels for Rigetti Computing Inc (RGTI)
According to the 24-hour chart, there is a support level at 10.74, which, if violated, would cause prices to drop to 10.38. In the upper region, resistance lies at 11.74. The next price resistance is at 12.38. RSI (Relative Strength Index) is 47.28 on the 14-day chart, showing neutral technical sentiment.
Is Rigetti Computing Inc subject to short interest?
Stocks of Rigetti Computing Inc saw a sharp steep in short interest on 2025-05-30 dropping by -10.7 million shares to 55.28 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 65.98 million shares. A decline of -19.35% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.84 of the overall float, the days-to-cover ratio (short ratio) decline to 0.84.
Which companies own the most shares of Rigetti Computing Inc (RGTI)?
In terms of Rigetti Computing Inc share price expectations, FactSet research, analysts set an average price target of 3 in the next 12 months, down nearly -73.91% from the previous closing price of $11.5. Analysts anticipate Rigetti Computing Inc stock to reach 4 by 2025, with the lowest price target being 2. In spite of this, 3 analysts ranked Rigetti Computing Inc stock as Buy at the end of 2025.
