With Rigetti Computing Stock Down 24% In A Week, How Confident Are You?

Rigetti Computing (RGTI) stock is down 23.7% in 5 trading days. While history suggests price dips recover, there is risk – specific to growth, profitability and downturn resilience. Consider the following data:

• Size: Rigetti Computing is a $10 Bil company with $7.9 Mil in revenue currently trading at $33.77.
• Fundamentals: Last 12 month revenue growth of -37.2% and operating margin of -976.1%.
• Liquidity: Has Debt to Equity ratio of 0.0 and Cash to Assets ratio of 0.67
• Valuation: Rigetti Computing stock is currently trading at P/E multiple of -61.1 and P/EBIT multiple of -61.5
• Has returned (median) 192% within a year following sharp dips since 2010. See RGTI Dip Buy Analysis.

While we like to buy dips if the fundamentals check out – for RGTI, see Buy or Sell RGTI Stock – we are wary of falling knives. Specifically, it is worth trying to answer if things get really bad, and RGTI drops another 20-30% to $24 levels, will we be able to hold on to the stock? What is the worst case scenario? We call it downturn resilience. Turns out, the stock has fared much worse than the S&P 500 index during various economic downturns. We assess this based on both (a) how much the stock fell and, (b) how quickly it recovered.

A single stock can be risky, but there is a huge value to a broader, diversified approach. If you seek an upside with less volatility than holding an individual stock, consider the Trefis High Quality Portfolio (HQ). HQ has outperformed its benchmark — a combination of S&P 500, Russell, and S&P midcap index — and achieved returns exceeding 105% since its inception. Risk management is key — consider what the long-term portfolio performance could be if you blended 10% commodities, 10% gold, and 2% crypto with HQ’s performance metrics.

Below are the details, but before that, as a quick background: RGTI provides quantum computers and superconducting processors, integrated into public, private, and hybrid clouds via a Quantum Cloud Services platform.

2022 Inflation Shock

• RGTI stock fell 96.0% from a high of $9.43 on 2 March 2022 to $0.38 on 3 May 2023 vs. a peak-to-trough decline of 25.4% for the S&P 500.
• However, the stock fully recovered to its pre-Crisis peak by 17 December 2024
• Since then, the stock increased to a high of $56.34 on 15 October 2025 , and currently trades at $33.77

 
It is a good thing to keep in mind how low RGTI could go during a downturn. And you should also check how the stock fared when compared with the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.