Rigetti Computing: The Quantum Hype Doesn't Add Up to ProfitAs 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 NYSE:IONQ , NYSE:QBTS , NASDAQ:QUBT and $NASDAQ:ARQQ. These companies trade between 500x and 3000x their sales.
Back to NASDAQ: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.
A00 trade ideas
$RGTI - Rigetti Computing - $43 PT?NASDAQ:RGTI has been on a run, pushing from $0.72 to $21.42 going into 2025, consolidating and pushing into this continuation over the course of the remaining, breaking above that $21.42 Level of Resistance, now identifying resistance $34.40, where we will be looking for new strong support above those levels before pushing on to the $43 PT.
9/26/25 - $rgti - Getting fried on the stock's supply9/26/25 :: VROCKSTAR :: NASDAQ:RGTI
Getting fried on the stock's supply
- i've been trading this around a LOT
- perhaps i'm breakeven at this pt, but i'm treading water well and haven't lost sight of my elephant
- buyers of this issue are the definition of getting high on their own stock supply
- i have yet to read or be sent a single convincing reason this company is worth a lick above zero
- biggest short position i've had now at this pt seeing it fail at the open
- at this pt i'm locked in
- oklo was a big win (short this week/ out now)
- qure a big win (long this week/ out now)
- added some run for good measure we'll see
- but we are hunting elephants
- and this one has never looked like so much meat on the bones
- we'll see who has the last laugh
- so far the bulls have been winning
- but idk many who have pulled profits. careful here ;0
V
Slowing momentum, Correction phase?OK, so i am the typical bull guy. However i try an estimate for a correction after a parabolic phase, as i see slowing down of the upwards movement.
Correction after the surge end of last year 24 stopped before the 78,6 fib.
--> correction to the last ATH around 21,5
RGTI Oct. 9 — Descending Channel Near Breakout! Descending Channel Near Breakout! Bulls Watching $45.8 Zone 🔥
Rigetti Computing (RGTI) has been moving inside a descending channel, forming a clear base near $43 while showing multiple CHoCH signals that suggest potential reversal behavior. The 15-minute chart reveals that buyers have stepped in around $41.4 — a critical support zone — and price is now pressing against the upper channel trendline.
The recent CHoCH at $43.9 confirms short-term accumulation, and MACD is now trending upward from negative territory with momentum gradually improving. The Stoch RSI remains high, suggesting that while momentum is bullish, short-term cooling may occur before another leg higher.
A breakout above the descending channel around $44.5–$45 could trigger a technical rally toward $46–$48, while failure to hold $43 support may reopen the path toward $41.4 or lower.
Support and Resistance Levels:
* Immediate Resistance: $44.5 → $45.8
* Major Resistance (Target Zone): $48.2 → $49.0
* Immediate Support: $43.0 → $42.2
* Key Support Zone: $41.4 → $40.5
Technical Insights:
* Descending Channel: Price is nearing the upper trendline — a breakout could mark the start of a short-term bullish reversal.
* MACD: Histogram bars are turning positive, signaling recovering momentum after a deep pullback.
* Stoch RSI: Overbought but holding firm, showing that buyers are still active while momentum consolidates.
* Volume: Uptick in green bars during CHoCH levels shows gradual accumulation by buyers.
Trade Scenarios:
Bullish Setup:
* Entry: Above $44.5 breakout confirmation
* Target 1: $45.8
* Target 2: $48.2
* Stop-Loss: Below $42.8
* Rationale: Clear structure shift, bullish MACD crossover, and breakout from descending channel support a reversal toward upper resistance.
Bearish Setup:
* Entry: Below $42.8 breakdown
* Target 1: $41.4
* Target 2: $40.5
* Stop-Loss: Above $44.0
* Rationale: A rejection from the upper channel or false breakout could lead to renewed selling back to the lower boundary.
RGTI is at a pivotal technical point — a confirmed breakout from the descending channel could send it back toward the $46–$48 zone, while a failure here might see a retest of the $41.4 support base. Watch momentum closely around $44.5 for direction confirmation.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
If anyone needs me to TA any stock, PM me.
9/22/25 - $rgti - What's this pattern called?9/22/25 :: VROCKSTAR :: NASDAQ:RGTI
What's this pattern called?
- while admittedly TA is not my game
- and it's dangerous to use the "F" word around here (Fundamentals)
- the reality is, there really aren't any fundamentals to speak of
- so when valuation becomes $10B...
- and you get a move like the chart above
- and you start to see bearish kramering
- the support here friends, isn't tough to spot it's $20-$22
- does this thing boot/ rally to new highs? perhaps
- thankfully i was out of the WHOLE position on the dump this AM
- but then i got back to full size short too soon... and ended the day slightly up on the short. not fun.
- that being said, the hourly bar is really hoping mr. gym kramer speaks positively about NYSE:IONQ tn
- otherwise we'll go to $22. i'll cover, again. and we'll see.
- but seeing this name boot from -10% to +3% was wild. congrats to the bulls. the red finish and this pattern, though. ugly.
- you'll need to find more pumpers to sustain this rally, or else px action needs to cool off.
V
RGTI - Hey Quantum make me rich please :))Hello Everyone ,
This is the update analysis for Rigetti Computing , ticket symbol RGTI.
I was shared some analysis on RGTI and last one was at 24 August , you can access it below:
Price was 14.82 and on Friday closed price is 28.52 almost doubled less than a Month , waht a big gain.
All quantum computing stocks are still so volatile but i say everytime , i invest for future and i would like to be part of this success story. Long term i trust Quantum computing.
My expectation for next week is depends on News and other economic indicators:
It could try to pull back to 24.70 - 25.00 and if you are a new investor then you could try to get RGTI from this level.
Other possibility is , it could reach to 33.50 which is again approx %17 up from today's level.
My middle term expectation , it could pricing inside to 2 yellow levels that i marked in chart.
24.70 - 25.00 / 33.50 - 34.00
My long term expectation is much more over from these levels :))
I shared this analysis, because dear @interestingcnu asked me to share up to date anaylsis.
Hope you have bought RGTI on time as me ;)))
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Weekend to all.
9/18/25 - $rgti - I'm degen short this thing9/18/25 :: VROCKSTAR :: NASDAQ:RGTI
I'm degen short this thing
- when a $6M (wink, nod) contract gets "announced" and we ape $600M in market cap is the time to pull the degen short out of my box.
- i have exactly 2 positions in this make-no-sense-market
- i'm long OTC:OSOL at 35% discount to solana spot w/ etfs being announced maybe within 30-60 days
- and i'm short like an ape on $rgti.
- book is effectively net short bc of how big NASDAQ:RGTI short is
- you really don't think they'll do an offering here?
- well hope the party keeps going for u guys
- i like the oct expires that let me ratchet up and down
V
Rigetti broke ATH to $22Rigetti Computing Incorporated had a positive push up of 10% today, and that pushed the stock to an all-time high of $21.88. It broke its previous high of $21.50 to reach this all-time high.
If you look at the chart, you'll see a blue ascending trend line and a horizontal green line, with a confluence around the $21.54 zone.
Rigetti broke ATH to $21.88Rigetti broke previous ATH to $21.88
Rigetti Computing Incorporated had a positive push up of 10% today, and that pushed the stock to an all-time high of $21.88. It broke its previous high of $21.50 to reach this all-time high.
If you look at the chart, you'll see a blue ascending trend line and a horizontal green line, with a confluence around the $21.54 zone.
So, looking at this stock, if this breakout of this zone is sustainable, we might see it push further upward. However, this zone is critical, and the sustainability of this push depends on it staying above this level. If it falls below, we might see it retest the $20 zone.
For me, I'll remain patient to see a clear price action for the direction I'll follow. Remain positive, and let's see how this plays out. Thanks!
RGTI at ATH LevelsRGTI is retesting the old ATH zone near 21.4, which previously collapsed into a brutal selloff. This level carries strong psychological weight, as many bagholders look to exit on breakeven. No fundamentals justify the current move – it is purely momentum flow.
The setup: treat the ATH as technical resistance. Expect at least a short-term rejection, potentially a 2-point pullback, offering scalp opportunities.
Macro note: FOMC is ahead with the expected 0.25 cut. That creates volatility but not structural risk for option positions. Stops on directional options are not triggered by noise.
Widening Wedge, Continuation patternAfter the perfect breakout of the ABCDE-Formation we touched the fibonacci-zone and are now seeing a broadening rising gap, which is a continuation pattern.
The upper and lower barriers have already been touched 3 times, which means that a breakout is imminent
The low drop to just the 32,8 fib shows the strength of the upward trend.
9/12/25 - $rgti - Shorting w/ size9/12/25 :: VROCKSTAR :: NASDAQ:RGTI
Shorting w/ size
- as i prepare for the (inevitable?) pullback in the coming weeks
- i look for vapor that's riding on the horse of hope and dreams where we're all apparently going to candy mountain
- and look no further than a stock that management doesn't even want to hold
- ionq can't produce it's own revenues, so it just acquires stuff at your expense. then the "industry" (can we call it that if it doesn't produce anything?) rides on the leader's beta
- enjoy the ride, whichever way you're rolling
- but just know. you're rolling. actually rolling. and eventually the machine elves will show up and collect the toll under the bridge where you shouldn't be collecting coins.
V
RGTI | Triangle Setup Looks ExplosiveQuick Thesis: RGTI is tightening inside a clean triangle — looks like it’s setting up for a decisive move.
Chart Context: Price has been squeezing between ~$15 support and ~$17 resistance, with higher lows building pressure against that upper trendline.
Big Picture / Catalyst Watch: Quantum computing names have been catching speculative interest lately, and RGTI’s setup looks ripe for a volatility event. A breakout could align with any sector news, earnings, or tech headlines.
9/2/25 - $rgti - Here's where u short it... again9/2/25 :: VROCKSTAR :: NASDAQ:RGTI
Here's where u short it... again
- co says they are giving some of their warez to a uni for research
- market says "cool let's send this up $500 mm mcap"
- guys, this chart is breaking down and i'm not even a technician
- when the liquidity toilet bowl gets flushed
- this stinky one is going to the bowels of the waste treatment plant
- i think i'm supposed to provide some "fundamental" analysis here.
- how about this - over 100x sales on "analyst" estimates for monster growth in 2026 and where ebitda margins are still negative until... 2028? 2029? sure, go ahead. first time. careful, tho
- yeah i'm short again and also all these other qwandum bags of urs
V
$RGTI Trading Range with Potential Breakout or PullbackThe stock is currently trading within a healthy horizontal range, with support around the $13.80 area (considered a buy zone) and resistance between $17.50 and $18.00 (potential sell zone).
From this point, two scenarios are possible:
Pullback Scenario: A reversal toward the support zone, potentially aligning with the rising 50-day moving average.
Breakout Scenario: A continuation of the upward move, breaking through resistance and heading toward the previous peak at $21.00.
This is a technical perspective and not a recommendation to buy or sell.
RGTI Swings Thesis
Quantum sector trades on hype. Companies like Rigetti (still pre-commercial, burning cash) and D-Wave (more advanced) move in the same patterns. Market treats all projects alike at this stage, similar to early crypto. Sorting by real business models comes later. For now, price action is driven by sector sentiment.
Market Context
Overlapping trend legs, repeated retests of highs/lows → typical of uncertain macro (war, AI bubble risk, Fed rates, tariffs).
Price often consolidates in triangle ranges before new legs start.
This environment favors short swing plays at range bottoms and tops.
Current Setup
Broad market sell-off pushed RGTI down, no direct negative news.
Current leg bottom tested around 14.25.
Targeting rebound toward 15.50–16.00, stretch goal 17.00.
Highly speculative short-term trade, holding just a few days.
Positioning
Long calls opened:
Strike 14 @ 1.38 (exp. Sept 19)
Strike 13 @ 1.55 (exp. Aug 29)
Plan
Entry near 14.25.
Profit-taking levels: 15.50 / 16.00 / 17.00 depending on risk appetite.
Clear stop if breakdown below recent support.