Rigetti(US:RGTI) ZACKS·2026-03-04 23:37Core Insights - Rigetti Computing, Inc. reported a quarterly loss of $0.03 per share, outperforming the Zacks Consensus Estimate of a loss of $0.05, marking an earnings surprise of +35.76% [1] - The company generated revenues of $1.87 million for the quarter ended December 2025, which was 30.04% below the Zacks Consensus Estimate and a decrease from $2.27 million in the same quarter last year [2] - Rigetti Computing shares have declined approximately 23.4% year-to-date, contrasting with the S&P 500's slight decline of 0.4% [3] Company Performance - Over the last four quarters, Rigetti Computing has exceeded consensus EPS estimates three times, but has not surpassed revenue estimates during this period [2] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on projected revenues of $3.29 million, while the estimate for the current fiscal year is -$0.18 on revenues of $24.94 million [7] Industry Context - The Internet - Software industry, to which Rigetti Computing belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and earnings estimate revisions, which could impact Rigetti's stock performance [5]