Rigetti(US:RGTI) ZACKSยท2025-11-11 00:55Core Insights - Rigetti Computing, Inc. reported a quarterly loss of $0.03 per share, better than the Zacks Consensus Estimate of a loss of $0.05, marking a 40.00% earnings surprise [1] - The company generated revenues of $1.95 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 18.54%, and down from $2.38 million year-over-year [2] - Rigetti Computing shares have increased approximately 121.3% year-to-date, significantly outperforming the S&P 500's gain of 14.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $3 million, and for the current fiscal year, it is -$0.09 on revenues of $8.67 million [7] - The estimate revisions trend for Rigetti Computing was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Internet - Software industry, to which Rigetti Computing belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]