As of October 6, 2025, the stock trades around $40, giving it a market cap of ~$13 billion. This is totally absurd for a firm with declining revenue and massive losses.
This analysis substantiates a bearish outlook, highlighting why shorting RGTI makes sense (FOR ME) amid hype-driven volatility.
I'm not picking only on Rigetti. I believe other quantum companies are also ripe for shorts. This exact same analysis can be applied to
IONQ, 
QBTS, 
QUBT and $NASDAQ:ARQQ. These companies trade between 500x and 3000x their sales.
Back to
RGTI, the company is in a profitability abyss, with revenue of $1.8 million in Q2 2025, while operating expenses were $20.4 million.
At this speed, their cash will burn real fast and the company will be forced to issue more shares, diluting/suppressing its price.
Are are some more important points:
The intrinsic value of this stock is a very small percentage of the current price. Consequently, the stock is due for a strong correction.
I'm just sharing my personal opinion and journey. Do your own due diligence.
This analysis substantiates a bearish outlook, highlighting why shorting RGTI makes sense (FOR ME) amid hype-driven volatility.
I'm not picking only on Rigetti. I believe other quantum companies are also ripe for shorts. This exact same analysis can be applied to
IONQ, QBTS, QUBT and $NASDAQ:ARQQ. These companies trade between 500x and 3000x their sales. Back to
RGTI, the company is in a profitability abyss, with revenue of $1.8 million in Q2 2025, while operating expenses were $20.4 million. At this speed, their cash will burn real fast and the company will be forced to issue more shares, diluting/suppressing its price.
Are are some more important points:
- Rigetti's P/S ratio is at 1500x (WTF!)
- The stock went up 4,800% in one single year (LOL)
- They mostly sell vaporware
- The current price is just nonsense hype and there are no fundamentals to sustain it
The intrinsic value of this stock is a very small percentage of the current price. Consequently, the stock is due for a strong correction.
I'm just sharing my personal opinion and journey. Do your own due diligence.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.