Rigetti Computing, Inc.

NASDAQ:RGTI

$3.05 USD

$0.65 (27.08%)

Volume
114.64M
Average Volume
15.74M
Market Capitalization
$586.5M
P/E Ratio
-9.48
Dividend Yield
0.00%
Price Target
$3.00
Year High
$3.37
Year Low
$0.66
Payout Ratio
$0.00
Current Ratio
$4.84

Industry, Sector & symbol

Stock Exchange NASDAQ Capital Market
CEO Dr. Subodh K. Kulkarni Ph.D.
Industry Computer Hardware
Sector Technology
Current Symbol RGTI
CUSIP 76655K103
CIK 0001838359
Web https://www.rigetti.com
Phone 510 210 5550
Currency USD
Employees 134
Country US

Liquidity

Debt-to-Equity Ratio 0.11
Payout Ratio 0.00
Current Ratio 4.84
Quick Ratio 4.84
Cash Ratio 0.95

Sales & Book Value

Annual Sales $12.01M
Price / Sales 49.32
Cash Flow -0.35
Price / Cash Flow -8.92
Price / Book 4.68

Price Target and Rating

Average Stock Price Forecast $3.00
High Stock Price Forecast $4.00
Low Stock Price Forecast $2.00
Forecast Upside/Downside 1.67%
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 3 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.57
Trailing P/E Ratio -9.48
PEG Ratio -0.50
P/E Growth -0.50
Net Income $-75.11M
Net Margin -509.58%
Pretax Margin -509.58%
Return on Equity -51.56%
Return on Assets -38.54%

Financials Score

AltmanZ Score 6.17
Piotroski Score 2.00
Working Capital 82.41M
Total Assets 157.25M
Ebit -56.52M
Market Cap 586.5M
Total Liabilities 34.41M

Poll Results

About Rigetti Computing, Inc. (NASDAQ:RGTI) Stock

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. ...

2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ

2024-11-28 07:16:44

Quantum computing is causing rumblings in the stock market, as evidenced by the interest in stocks like IonQ Inc. NYSE: IONQ, which have surged 156% year-to-date (YTD). The computer and technology sector pioneer IonQ is widely being accepted as the leader in this segment based on its 102% YoY growing revenues, a $54.5 million deal with the United States Air Force Research Lab (AFRL), and financial backing from industry giants like Amazon.com Inc. NASDAQ: AMZN, Lockheed Martin NYSE: LMT and Samsung Electronics Co. Ltd.

Could Rigetti Computing Become the Next Nvidia?

2024-11-28 05:50:00

Over the past 10 years, a $1,000 investment in Nvidia (NVDA -1.15%) would have grown to roughly $265,840. A large portion of that rally was fueled by its soaring sales of data center GPUs for processing AI tasks.

RGTI Surges 97% YTD: Should You Buy, Hold or Sell the Stock?

2024-11-26 14:02:22

Rigetti benefits from an expanding clientele and its growing influence in the quantum computing space.

Rigetti Computing Announces Pricing of $100 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

2024-11-26 08:00:00

BERKELEY, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 50,000,000 shares of the Company's common stock, par value $0.0001 per share, at a purchase price of $2.00 per share, pursuant to a registered direct offering priced at-the-market under Nasdaq rules, resulting in gross proceeds of approximately $100 million, before deducting placement agent commissions and other offering expenses.

Gold Down Over 3%; Rigetti Computing Shares Spike Higher

2024-11-25 14:18:59

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 400 points on Monday.

Frequently Asked Questions

What is the current Rigetti Computing, Inc. (RGTI) stock price?

Rigetti Computing, Inc.(NASDAQ:RGTI) stock price is $3.05 in the last trading session. During the trading session, RGTI stock reached the peak price of $3.37 while $0.66 was the lowest point it dropped to. The percentage change in RGTI stock occurred in the recent session was 27.08% while the dollar amount for the price change in RGTI stock was $0.65.

RGTI's industry and sector of operation?

The NASDAQ listed RGTI is part of Computer Hardware industry that operates in the broader Technology sector.

Who are the executives of RGTI?

Ms. Jackie Kaweck | Senior Vice President of Human Resources
Dr. Andrew Bestwick | Senior Vice President of Quantum Systems
Mr. Richard Danis | General Counsel & Corporate Secretary
Dr. Subodh K. Kulkarni Ph.D. | Chief Executive Officer, President & Director
Mr. David Rivas | Chief Technology Officer

How many employees does RGTI have?

Number of RGTI employees currently stands at 134. RGTI operates from 775 Heinz Avenue, Berkeley, CA 94710, US.

Link for RGTI official website?

Official Website of RGTI is: https://www.rigetti.com

How do I contact RGTI?

RGTI could be contacted at phone #510 210 5550 and can also be accessed through its website. RGTI operates from 775 Heinz Avenue, Berkeley, CA 94710, US.

How many shares of RGTI are traded daily?

The average number of RGTI shares traded daily for last 3 months was 15.74M.

What is the market cap of RGTI currently?

The market value of RGTI currently stands at $586.5M with its latest stock price at $3.05