B. Riley Securities gives a Neutral recommendation for Rigetti Computing Inc (RGTI)

Daniel Torres

Rigetti Computing Inc’s recently made public that its Director Sandford Helene Gail acquired Company’s shares for reported $2.94 million on Oct 17 ’25. In the deal valued at $47.47 per share,62,000 shares were bought.

Then, Sandford Helene Gail sold 62,000 shares, generating $2,782,889 in total proceeds. Upon selling the shares at $44.89, the Director now owns 120,371 shares.

Before that, Sandford Helene Gail sold 17,635 shares. Rigetti Computing Inc shares valued at $436,440 were divested by the Director at a price of $24.75 per share. As a result of the transaction, Sandford Helene Gail now holds 182,371 shares, worth roughly $6.16 million.

B. Riley Securities downgraded its Rigetti Computing Inc [RGTI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early July with a ‘”an Overweight”‘ rating. Craig Hallum began covering RGTI with “Buy” recommendation on December 20, 2024. B. Riley Securities started covering the stock on July 25, 2024. It rated RGTI as “a Buy”.

Price Performance Review of RGTI

On Friday, Rigetti Computing Inc [NASDAQ:RGTI] saw its stock fall -1.72% to $33.77. Over the last five days, the stock has lost -23.72%. Rigetti Computing Inc shares have risen nearly 2915.18% since the year began. Nevertheless, the stocks have risen 121.30% over the past one year. While a 52-week high of $58.15 was reached on 10/14/25, a 52-week low of $1.21 was recorded on 01/13/25.

Levels Of Support And Resistance For RGTI Stock

The 24-hour chart illustrates a support level at 31.66, which if violated will result in even more drops to 29.54. On the upside, there is a resistance level at 34.85. A further resistance level may holdings at 35.92.

How much short interest is there in Rigetti Computing Inc?

A steep rise in short interest was recorded in Rigetti Computing Inc stocks on 2025-10-15, dropping by -4.03 million shares to a total of 41.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 45.59 million shares. There was a decline of -9.69%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on March 01, 2024 when Alliance Global Partners began covering the stock and recommended ‘”a Buy”‘ rating along with a $3.50 price target.

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