Rigetti Computing (RGTI)
Market Price (3/25/2026): $15.8 | Market Cap: $5.2 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals
Rigetti Computing (RGTI)
Market Price (3/25/2026): $15.8Market Cap: $5.2 BilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1194% |
| Megatrend and thematic driversMegatrends include Quantum Technologies. Themes include Quantum Computing Hardware, and Quantum Computing Software & Platforms. | Expensive valuation multiplesP/SPrice/Sales ratio is 728x | |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -18%, Rev Chg QQuarterly Revenue Change % is -18% | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 248% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -826%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1089% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.1% | ||
| High stock price volatilityVol 12M is 110% | ||
| Key risksRGTI key risks include [1] substantial ongoing losses and a high cash burn rate with an uncertain path to commercialization, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44% |
| Megatrend and thematic driversMegatrends include Quantum Technologies. Themes include Quantum Computing Hardware, and Quantum Computing Software & Platforms. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1194% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 728x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -34%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -18%, Rev Chg QQuarterly Revenue Change % is -18% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 248% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -826%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -1089% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.1% |
| High stock price volatilityVol 12M is 110% |
| Key risksRGTI key risks include [1] substantial ongoing losses and a high cash burn rate with an uncertain path to commercialization, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Rigetti Computing (RGTI) stock has lost about 40% since 11/30/2025 because of the following key factors:
1. Delayed Commercial Availability of Flagship System.
Rigetti Computing postponed the general availability of its 108-qubit Cepheus-1-108Q quantum computing system from its initial target of late 2025 to the end of Q1 2026, citing the need for further testing and performance optimization. This delay impacted investor confidence in the company's ability to meet its product roadmap timelines.
2. Disappointing Q4 2025 Revenue Performance.
The company's fourth-quarter 2025 earnings, reported in early March 2026, revealed a significant revenue miss, with actual revenue of $1.9 million falling 18.1% short of the expected $2.32 million. Furthermore, full-year 2025 revenue declined to $7.1 million from $10.8 million in 2024, and gross margins contracted from 44% to 35%, indicating challenges in converting technological advancements into sustained commercial growth.
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1. Delayed Commercial Availability of Flagship System.
Rigetti Computing postponed the general availability of its 108-qubit Cepheus-1-108Q quantum computing system from its initial target of late 2025 to the end of Q1 2026, citing the need for further testing and performance optimization. This delay impacted investor confidence in the company's ability to meet its product roadmap timelines.
2. Disappointing Q4 2025 Revenue Performance.
The company's fourth-quarter 2025 earnings, reported in early March 2026, revealed a significant revenue miss, with actual revenue of $1.9 million falling 18.1% short of the expected $2.32 million. Furthermore, full-year 2025 revenue declined to $7.1 million from $10.8 million in 2024, and gross margins contracted from 44% to 35%, indicating challenges in converting technological advancements into sustained commercial growth.
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Stock Movement Drivers
Fundamental Drivers
The -39.0% change in RGTI stock from 11/30/2025 to 3/24/2026 was primarily driven by a -34.4% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3242026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.57 | 15.60 | -39.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 7 | 7 | -5.4% |
| P/S Multiple | 1,109.0 | 727.7 | -34.4% |
| Shares Outstanding (Mil) | 325 | 331 | -1.7% |
| Cumulative Contribution | -39.0% |
Market Drivers
11/30/2025 to 3/24/2026| Return | Correlation | |
|---|---|---|
| RGTI | -39.0% | |
| Market (SPY) | -4.1% | 42.6% |
| Sector (XLK) | -4.7% | 47.0% |
Fundamental Drivers
The -3.9% change in RGTI stock from 8/31/2025 to 3/24/2026 was primarily driven by a -10.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3242026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.23 | 15.60 | -3.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8 | 7 | -10.6% |
| P/S Multiple | 610.8 | 727.7 | 19.1% |
| Shares Outstanding (Mil) | 298 | 331 | -9.8% |
| Cumulative Contribution | -3.9% |
Market Drivers
8/31/2025 to 3/24/2026| Return | Correlation | |
|---|---|---|
| RGTI | -3.9% | |
| Market (SPY) | 1.8% | 38.1% |
| Sector (XLK) | 4.0% | 40.0% |
Fundamental Drivers
The 84.4% change in RGTI stock from 2/28/2025 to 3/24/2026 was primarily driven by a 443.0% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3242026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.46 | 15.60 | 84.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12 | 7 | -40.4% |
| P/S Multiple | 134.0 | 727.7 | 443.0% |
| Shares Outstanding (Mil) | 188 | 331 | -43.0% |
| Cumulative Contribution | 84.4% |
Market Drivers
2/28/2025 to 3/24/2026| Return | Correlation | |
|---|---|---|
| RGTI | 84.4% | |
| Market (SPY) | 11.2% | 41.2% |
| Sector (XLK) | 21.5% | 44.2% |
Fundamental Drivers
The 1980.8% change in RGTI stock from 2/28/2023 to 3/24/2026 was primarily driven by a 6825.8% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3242026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.75 | 15.60 | 1980.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8 | 7 | -16.2% |
| P/S Multiple | 10.5 | 727.7 | 6825.8% |
| Shares Outstanding (Mil) | 119 | 331 | -64.1% |
| Cumulative Contribution | 1980.8% |
Market Drivers
2/28/2023 to 3/24/2026| Return | Correlation | |
|---|---|---|
| RGTI | 1980.8% | |
| Market (SPY) | 71.5% | 31.3% |
| Sector (XLK) | 103.8% | 31.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RGTI Return | - | -92% | 35% | 1449% | 45% | -28% | 68% |
| Peers Return | 62% | -50% | 52% | 576% | 57% | -22% | 918% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -4% | 75% |
Monthly Win Rates [3] | |||||||
| RGTI Win Rate | - | 40% | 33% | 50% | 50% | 0% | |
| Peers Win Rate | 56% | 32% | 58% | 60% | 53% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| RGTI Max Drawdown | - | -93% | -49% | -30% | -60% | -33% | |
| Peers Max Drawdown | -10% | -55% | -28% | -26% | -42% | -27% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: IONQ, QBTS, IBM, GOOGL, QUBT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/24/2026 (YTD)
How Low Can It Go
| Event | RGTI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -96.0% | -25.4% |
| % Gain to Breakeven | 2414.0% | 34.1% |
| Time to Breakeven | 594 days | 464 days |
Compare to IONQ, QBTS, IBM, GOOGL, QUBT
In The Past
Rigetti Computing's stock fell -96.0% during the 2022 Inflation Shock from a high on 3/2/2022. A -96.0% loss requires a 2414.0% gain to breakeven.
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About Rigetti Computing (RGTI)
Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
AI Analysis | Feedback
Here are a few brief analogies for Rigetti Computing:
The IBM of quantum computing.
Like Intel building processors and AWS providing cloud access, but all for quantum computers.
AI Analysis | Feedback
```html- Quantum Computers: Rigetti designs and builds complete quantum computing systems.
- Superconducting Quantum Processors: These are the advanced hardware chips that serve as the core computational engine for their quantum computers.
- Quantum Cloud Services (QCS) platform: This platform provides access to Rigetti's quantum machines via public, private, or hybrid cloud environments.
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Rigetti Computing (RGTI) primarily sells its quantum computing hardware, software, and services to other organizations rather than individuals. Its major customers include a mix of government agencies, national laboratories, and large enterprises seeking to leverage quantum computing capabilities.
- Government Agencies and National Laboratories: These are significant customers for Rigetti, often engaging in contracts for research and development in quantum computing. Key entities include:
- Defense Advanced Research Projects Agency (DARPA)
- Air Force Research Laboratory (AFRL)
- U.S. Department of Energy (DOE) and its associated National Laboratories, such as Lawrence Berkeley National Laboratory
- Large Enterprises: Companies exploring quantum computing applications in various industries. A notable public company customer is:
- Standard Chartered PLC (STAN.L)
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Subodh Kulkarni, President and Chief Executive Officer
Dr. Subodh Kulkarni was appointed President and Chief Executive Officer of Rigetti Computing in December 2022. He is a seasoned public company CEO with over thirty years of experience in the semiconductor industry. Prior to joining Rigetti, he served as President, CEO, and a board member of CyberOptics Corporation from 2014 until its acquisition by Nordson Corporation in November 2022. He also held the role of CEO at Prism Computational Sciences. Earlier in his career, he held leadership positions at Imation, 3M Corporation, and IBM. Dr. Kulkarni currently serves on the Board of KeyTronic Corporation, a publicly traded electronics manufacturing services company, and as Chairman of the Board for Prism Computational Sciences.
Jeffrey Bertelsen, Chief Financial Officer
Jeffrey Bertelsen was appointed Chief Financial Officer of Rigetti Computing in February 2023. He has more than twenty-five years of executive experience in the high-tech industry. Previously, Mr. Bertelsen served as CFO and COO of CyberOptics Corporation from 2005 until November 2022. He also held finance leadership roles at Computer Network Technology Corporation (CNT) and began his career as a Certified Public Accountant with KPMG LLP.
David Rivas, Chief Technology Officer
David Rivas was appointed Chief Technology Officer of Rigetti Computing in February 2023. Prior to this role, he was Rigetti's Senior Vice President, Systems and Services since March 2019, where he oversaw the engineering and operations of the Quantum Cloud Services platform. His previous executive roles include positions at Sun Microsystems, Nokia, Bolt Threads, and Stage 3 Systems.
Jackie Kaweck, Senior Vice President of Human Resources
Jackie Kaweck serves as the Senior Vice President of Human Resources at Rigetti Computing.
Andrew Bestwick, Senior Vice President of Quantum Systems
Andrew Bestwick serves as the Senior Vice President of Quantum Systems at Rigetti Computing.
AI Analysis | Feedback
The key risks to Rigetti Computing (RGTI) are primarily centered around the nascent and speculative nature of the quantum computing industry, compounded by the company's financial performance and competitive landscape.
- Commercialization Uncertainty and Long Timelines: Quantum computing remains a highly speculative technology with limited current real-world applications, and Rigetti's products are projected to take several years to achieve widespread commercial viability. Any indications that quantum commercialization is taking longer than anticipated could significantly undermine investor confidence and trigger substantial sell-offs. The technology's future is still years away from broad commercial application, requiring considerable investor patience and tolerance for uncertainty.
- Financial Instability and Dilution Concerns: Rigetti Computing faces significant financial challenges, including consistently trivial and declining revenue, massive operating losses, and substantial cash burn. For instance, in the last twelve months, the company's revenue was $7.9 million, a 27% decrease from the previous year, with operating losses reaching -$77 million. The company's severe lack of profitability, as evidenced by a net income margin of approximately -2,100% and an operating cash flow margin of -680%, highlights its precarious financial health. To fund its operations, Rigetti has engaged in significant share offerings, raising concerns about further dilution for existing shareholders.
- Intense Competition and Technical Hurdles: Rigetti operates in a highly competitive and rapidly evolving quantum computing market, where it faces competition from well-capitalized big tech companies like Microsoft and Google. The company must continuously innovate to maintain its market position, and any major technical hurdles or regulatory challenges could severely impact sentiment and its competitive edge. While Rigetti has made technical progress, its two-qubit gate fidelity, at 99.5%, still lags behind some competitors, potentially limiting its competitive standing in the market.
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The rapid advancement and increasing commercialization of alternative quantum computing architectures, particularly trapped-ion technology, by well-funded competitors such as Quantinuum and IonQ. These alternative approaches are demonstrating competitive or potentially superior performance characteristics in key areas like qubit fidelity, coherence times, and connectivity, which could pose a significant long-term threat to the market position and viability of Rigetti Computing's primary focus on superconducting qubit-based systems.
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The addressable market for Rigetti Computing's main products and services, which primarily consist of quantum computers, superconducting quantum processors, and Quantum Cloud Services, is the global quantum computing market. Rigetti Computing builds quantum computers and superconducting quantum processors that power them, integrated into various clouds through its Quantum Cloud Services platform.The global quantum computing market was valued at USD 1.53 billion in 2025. It is projected to grow to USD 18.33 billion by 2034, exhibiting a Compound Annual Growth Rate (CAGR) of 31.60% from 2026 to 2034. Other estimates for the global market include a valuation of USD 1.2 billion in 2024, projected to reach USD 27.6 billion by 2035 with a CAGR of 32.2% from 2025 to 2035. Another report estimated the market at USD 1.6 billion in 2025, growing to USD 7.3 billion by 2030, at a CAGR of 34.6%. By 2040, quantum computing is anticipated to create up to $850 billion of economic value globally, sustaining a market of $90 billion to $170 billion for hardware and software providers.
Focusing on the U.S. market, which is a significant region for Rigetti Computing, the U.S. quantum computing market was valued at USD 354.8 million in 2024 and is expected to reach USD 964.6 million by 2030, growing at a CAGR of 18.6% from 2025 to 2030. Another estimate places the U.S. market at approximately USD 0.7 billion in 2024, predicted to increase to approximately USD 5.5 billion by 2034, with a CAGR of 23.5% from 2025 to 2034. North America, which includes the U.S., held a dominant market position in 2024, capturing more than a 37.6% share of the global market.
Rethink: The user asked for HTML tags to be included in the output. I have used , ,tags as appropriate. The information provided is about the quantum computing market, which aligns with Rigetti Computing's operations. The regions (global and U.S.) are clarified. I have cited all factual statements.
AI Analysis | Feedback
Rigetti Computing (RGTI) is expected to drive future revenue growth over the next 2-3 years through several key initiatives, primarily centered on technological advancements, expanded system deployments, and strategic market engagement. Here are 5 expected drivers of future revenue growth for Rigetti Computing: * Deployment and Sales of Advanced Quantum Computing Systems: Rigetti is focused on developing and deploying increasingly powerful quantum computers. The company anticipates releasing a 36-qubit system by mid-2025 and a system with over 100 qubits by the end of 2025, with plans for a 336-qubit Lyra system thereafter. Additionally, the deployment of the 84-qubit Ankaa-3 system by the end of 2024 and a projected 108-qubit system by March 2026 are expected to significantly contribute to revenue as these systems become commercially available and are integrated by customers. * Growth in On-Premises Novera QPU Sales: Increased orders and shipments of Rigetti's Novera Quantum Processing Units (QPUs) are a significant revenue driver. For example, $5.7 million in Novera system shipments are expected to contribute to revenue in the first half of 2026. Recent sales of Novera QPUs to entities like Horizon Quantum Computing and Montana State University demonstrate growing demand for these on-premises systems. * Expansion of Quantum Cloud Services (QCaaS): Rigetti's Quantum Cloud Services platform, which integrates its machines into public, private, or hybrid clouds, is a crucial avenue for revenue growth. The company has seen its cloud-access quantum revenues surge, and its Ankaa-3 system is publicly available via platforms such as Microsoft Azure and Amazon Braket, expanding its reach and potential for usage-based revenue. * Strategic Government and Academic Contracts: Rigetti actively secures contracts and grants from government agencies and academic institutions, which provide both funding and validation for its technology. Notable examples include an $8.4 million order from India's Centre for Development of Advanced Computing (C-DAC) for a 108-qubit on-premises system, slated for revenue contribution in the second half of 2026, and a three-year contract with the Air Force Research Laboratory (AFRL). The company's systems are also included in key research initiatives, such as the UK National Quantum Computing Centre (NQCC). * Ongoing Technological Advancements: Continuous improvements in qubit count, gate fidelity, and architectural design are fundamental to attracting new customers and expanding market applications. Rigetti has achieved significant milestones, including 99.9% two-qubit gate fidelity on a prototype platform and targeted 99.5% median two-qubit gate fidelity for its new modular system architecture in 2025. These advancements are essential for achieving quantum advantage and driving broader adoption of quantum computing.AI Analysis | Feedback
Share Issuance
- Rigetti Computing completed a $350 million at-the-market (ATM) equity offering in June 2025, bolstering its cash position to approximately $575 million with no debt.
- The company's stock was diluted by 30% in the first nine months of fiscal year 2024, with an additional sale occurring in the fourth quarter.
- Subsequent to September 30, 2025, and through November 6, 2025, the exercise of warrants generated $46.5 million in proceeds.
Inbound Investments
- Quanta Computer Inc. invested approximately $35 million in Rigetti common stock, purchasing shares at about $11.59 per share on April 29, 2025, as part of a strategic collaboration.
- Vanguard increased its stake in Rigetti Computing by 40.4% in the third quarter of 2025, bringing its total holdings to approximately 9.89% of the company.
Capital Expenditures
- Proceeds from the $350 million equity offering are intended primarily for working capital, capital expenditures, and other general corporate purposes, including potential strategic collaborations or acquisitions.
- The company's negative operating and net profit margins reflect the substantial capital expenditure and research and development required for building quantum computers.
- Rigetti designs and manufactures its chips in-house at Fab-1, which is noted as the industry's first dedicated and integrated quantum device manufacturing facility.
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.32 |
| Mkt Cap | 8.5 |
| Rev LTM | 77 |
| Op Inc LTM | -68 |
| FCF LTM | -57 |
| FCF 3Y Avg | -44 |
| CFO LTM | -44 |
| CFO 3Y Avg | -37 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 49.0% |
| Rev Chg 3Y Avg | 39.8% |
| Rev Chg Q | 18.6% |
| QoQ Delta Rev Chg LTM | 3.9% |
| Op Mgn LTM | -447.8% |
| Op Mgn 3Y Avg | -657.6% |
| QoQ Delta Op Mgn LTM | -26.6% |
| CFO/Rev LTM | -255.3% |
| CFO/Rev 3Y Avg | -381.5% |
| FCF/Rev LTM | -270.4% |
| FCF/Rev 3Y Avg | -409.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 8.5 |
| P/S | 158.0 |
| P/EBIT | -17.0 |
| P/E | -19.0 |
| P/CFO | -47.1 |
| Total Yield | -2.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -6.7% |
| D/E | 0.0 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -6.1% |
| 3M Rtn | -36.4% |
| 6M Rtn | -46.3% |
| 12M Rtn | 42.4% |
| 3Y Rtn | 528.3% |
| 1M Excs Rtn | 0.1% |
| 3M Excs Rtn | -28.0% |
| 6M Excs Rtn | -39.4% |
| 12M Excs Rtn | 43.8% |
| 3Y Excs Rtn | 486.1% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Collaborative research and professional services | 8 | 8 | ||
| Collaborative research materials and sales of quantum computers | 2 | 2 | ||
| Access to quantum computing systems | 0 | 2 | 3 | 2 |
| Collaborative research, professional services and materials, and sales of quantum computers | 10 | 6 | ||
| Total | 11 | 12 | 13 | 8 |
Price Behavior
Price Behavior
| Market Price | $15.60 | |
| Market Cap ($ Bil) | 5.1 | |
| First Trading Date | 03/02/2022 | |
| Distance from 52W High | -72.3% | |
| 50 Days | 200 Days | |
| DMA Price | $18.51 | $22.32 |
| DMA Trend | up | down |
| Distance from DMA | -15.7% | -30.1% |
| 3M | 1YR | |
| Volatility | 82.5% | 109.9% |
| Downside Capture | 421.87 | 301.74 |
| Upside Capture | 260.96 | 311.30 |
| Correlation (SPY) | 44.8% | 39.0% |
RGTI Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 5.70 | 3.56 | 3.73 | 3.61 | 2.43 | 3.02 |
| Up Beta | 9.29 | 6.37 | 4.37 | 4.80 | 2.28 | 2.12 |
| Down Beta | 2.41 | 2.20 | 1.80 | 4.32 | 1.61 | 2.73 |
| Up Capture | 501% | 253% | 366% | 402% | 1484% | 291246% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 19 | 28 | 61 | 122 | 338 |
| Down Capture | 561% | 371% | 412% | 233% | 163% | 113% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 12 | 22 | 33 | 62 | 127 | 395 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RGTI | |
|---|---|---|---|---|
| RGTI | 63.9% | 110.1% | 0.94 | - |
| Sector ETF (XLK) | 28.2% | 26.6% | 0.90 | 41.5% |
| Equity (SPY) | 16.9% | 18.9% | 0.69 | 39.2% |
| Gold (GLD) | 46.2% | 27.1% | 1.39 | 7.9% |
| Commodities (DBC) | 18.3% | 17.5% | 0.86 | 13.7% |
| Real Estate (VNQ) | 2.3% | 16.5% | -0.03 | 18.9% |
| Bitcoin (BTCUSD) | -15.2% | 44.1% | -0.25 | 36.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RGTI | |
|---|---|---|---|---|
| RGTI | 9.5% | 139.9% | 0.72 | - |
| Sector ETF (XLK) | 16.2% | 24.6% | 0.59 | 30.5% |
| Equity (SPY) | 11.9% | 17.0% | 0.54 | 29.7% |
| Gold (GLD) | 20.0% | 17.5% | 0.93 | 5.8% |
| Commodities (DBC) | 11.0% | 19.0% | 0.47 | 6.5% |
| Real Estate (VNQ) | 2.9% | 18.8% | 0.06 | 20.6% |
| Bitcoin (BTCUSD) | 3.9% | 56.7% | 0.29 | 23.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RGTI | |
|---|---|---|---|---|
| RGTI | 4.6% | 139.9% | 0.72 | - |
| Sector ETF (XLK) | 21.6% | 24.2% | 0.82 | 30.5% |
| Equity (SPY) | 14.3% | 17.9% | 0.68 | 29.7% |
| Gold (GLD) | 13.2% | 15.8% | 0.69 | 5.8% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 6.5% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 20.6% |
| Bitcoin (BTCUSD) | 67.3% | 66.8% | 1.06 | 23.1% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/4/2026 | -4.4% | -4.6% | |
| 11/10/2025 | -5.1% | -25.4% | -18.7% |
| 8/12/2025 | 6.4% | -6.4% | 3.0% |
| 3/5/2025 | 4.0% | 9.4% | -0.4% |
| 11/12/2024 | -2.0% | -14.5% | 385.5% |
| 8/8/2024 | -4.9% | 6.6% | -17.1% |
| 3/14/2024 | -0.8% | -14.6% | -45.5% |
| 11/9/2023 | -7.6% | 2.9% | -2.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 7 | 3 |
| # Negative | 8 | 6 | 9 |
| Median Positive | 6.4% | 15.8% | 23.8% |
| Median Negative | -3.7% | -14.6% | -18.0% |
| Max Positive | 39.0% | 30.6% | 385.5% |
| Max Negative | -7.6% | -25.4% | -45.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/04/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/14/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/27/2023 | 10-K |
| 09/30/2022 | 11/22/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Fitzgerald, Alissa | Direct | Sell | 1052026 | 22.41 | 59,316 | 1,329,378 | 777,129 | Form | |
| 2 | Clifton, Michael S | Direct | Sell | 12102025 | 27.34 | 150,000 | 4,100,805 | 13,772,308 | Form | |
| 3 | Bertelsen, Jeffrey A | CHIEF FINANCIAL OFFICER | Direct | Sell | 11212025 | 26.35 | 3,702 | 97,551 | 4,739,992 | Form |
| 4 | Rivas, David | CHIEF TECHNOLOGY OFFICER | Direct | Sell | 11212025 | 26.34 | 41,935 | 1,104,555 | 18,138,387 | Form |
| 5 | Sandford, Helene Gail | Direct | Sell | 10172025 | 44.89 | 62,000 | 2,782,889 | 5,402,888 | Form |
Industry Resources
| Technology Hardware, Storage & Peripherals Resources |
| The Verge |
| TechRadar |
| Tom’s Hardware |
| PCMag |
| CNET |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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