Rigetti Computing, Inc. (RGTI)
| Market Cap | 2.43B |
| Revenue (ttm) | 10.79M |
| Net Income (ttm) | -200.99M |
| Shares Out | 285.83M |
| EPS (ttm) | -1.09 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 43,413,597 |
| Open | 7.58 |
| Previous Close | 7.81 |
| Day's Range | 7.55 - 8.92 |
| 52-Week Range | 0.66 - 21.42 |
| Beta | 1.37 |
| Analysts | Strong Buy |
| Price Target | 14.50 (+70.79%) |
| Earnings Date | Mar 5, 2025 |
About RGTI
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip system under the Novera brand name; 84-qubit Ankaa-3 system under the name Novera QPU (Quantum Processing Units); and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity,... [Read more]
Financial Performance
In 2024, Rigetti Computing's revenue was $10.79 million, a decrease of -10.14% compared to the previous year's $12.01 million. Losses were -$200.99 million, 167.6% more than in 2023.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for RGTI stock is "Strong Buy." The 12-month stock price forecast is $14.5, which is an increase of 70.79% from the latest price.
News
Defiance Launches RGTX: 2X Leveraged ETF for Rigetti Computing, Inc.
MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces RGTX, the Defiance Daily Target 2X Long RGTI ETF , a 2X leveraged single-stock ETF designed to provide amplified exposure to Rigetti ...
Rigetti Computing Has Room to Grow. Why the CEO Is Tempering Expectations.
Rigetti Computing takes a more conservative stance when it comes to timelines for quantum development.
Why startups and tech giants are racing to build a practical quantum computer
Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.
Quantum computing stocks: D-Wave, Rigetti, IONQ, QUBT are falling. Blame Nvidia (again)
Quantum computing stocks got pummeled yesterday, with the four most prominent public quantum computing companies—IonQ, Rigetti Computing, Quantum Computing Inc., and D-Wave Quantum Inc.—falling anywhe...
Quantum stocks see strong volatility after outsized gains
CNBC's Kristina Partsinevelos reports on the quantum trade.
Rigetti Computing: This Quantum Stock Just Popped, We Say Buy (Rating Upgrade)
Rigetti Computing is a leading provider of Superconducting Quantum Computing solutions. The company caters to a large TAM of $1-2 billion prior to 2030, which will increase significantly to $15-30 bil...
Quantum computing, AI stocks rise as Nvidia kicks off annual conference
Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its an...
Deep Analysis Shows Rigetti's High-Risk Growth Horizon (Rating Upgrade)
Rigetti Computing, Inc.'s multi-chip scaling and in-house Fab-1 aim to catch IBM and IonQ, but quantum advantage remains unproven. Intense R&D drives heavy losses. Revenue growth is sluggish, with 202...
Rigetti's Quantum Gamble Enters Critical Phase
Rigetti has dropped 33%, significantly underperforming the market's -7% decline, leading to an upgrade to speculative buy after the pullback. RGTI $200M+ partnership with Quanta aims to accelerate qua...
Rigetti Computing: Financial Situation Vastly Improved
Rigetti Computing improved its liquidity through equity offerings, securing $217.2M in cash and investments, and an additional $35M from Quanta Computer, reducing financial risk. Despite a revenue dec...
RGTI CEO on Quantum Computing, Profits & Tech Partnerships
Dr. Subodh Kulkarni, CEO of Rigetti Computing (RGTI), joins Market on Close as his company sees green arrows on a day full of red. He talks about how Rigetti utilizes quantum technology for customers ...
Rigetti Earnings Reveal the Risks and Rewards of Quantum Computing
Rigetti Computing and other pure plays may be on shaky footing as competition in quantum ramps up.
Rigetti Computing stock is down 65%: here's why I'm not buying
Rigetti Computing Inc (NASDAQ: RGTI) lost another 10% this morning after reporting a loss for its fiscal Q4 that came in well above the analysts' forecast. Year-to-date, shares of the quantum computin...
Rigetti Computing: Why The Stock Is Dropping Despite A Strong Earnings Call
I expect tariffs to drive inflation higher and DOGE cuts to decrease consumer confidence, delaying Fed interest rate cuts until at least 2026. I believe speculative plays like Rigetti Computing, Inc. ...
Rigetti Computing Earnings: Hard Pass From Me
Rigetti Computing burns cash, has a sky-high valuation at 150x forward sales, and faces relentless share dilution, making it an unattractive investment. The company's near-term prospects hinge on deve...
Rigetti Computing, Inc. (RGTI) Q4 2024 Earnings Call Transcript
Rigetti Computing, Inc. (NASDAQ:RGTI) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeffrey Bertelsen - Chief ...
Rigetti Computing Q4 Earnings: Revenue Miss, Quanta Computer Collaboration Highlights
Quantum computing company Rigetti Computing Inc RGTI reported fourth-quarter financial results Wednesday after market close.
Rigetti Computing Reports Fourth Quarter and Full-Year 2024 Results
BERKELEY, Calif., March 05, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its finan...
RGTI Shows Quantum is "Space Race All Over Again"
"Quantum will be here earlier than Jensen Huang thinks," says Ray Wang. He's bullish on Rigetti Computing (RGTI) ahead of the company's postmarket earnings.
Rigetti Computing to Participate in Fireside Chat at Cantor Global Technology Conference
BERKELEY, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that Rige...
Rigetti Computing Announces Strategic Collaboration Agreement with Quanta Computer to Accelerate Development and Commercialization of Superconducting Quantum Computing
BERKELEY, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it ha...
Defiance ETFs' QTUM, Quantum Computing ETF, Earns 5-Star Morningstar Rating and Surpasses $1 Billion in AUM
MIAMI , Feb. 26, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in thematic investing, is proud to announce that its QTUM – Defiance Quantum Computing ETF has achieved two significant milestones: a...
Rigetti Computing to Report Fourth Quarter 2024 Financial Results and Host Conference Call on March 5, 2025
BERKELEY, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will r...
Quantum computing stocks are surging again after Microsoft unveiled its Majorana 1 quantum chip
The stock prices of quantum computing companies are surging in premarket trading this morning after Microsoft unveiled a new type of quantum computing chip yesterday, the Majorana 1. Here's what you n...
Quantum computing stocks rise as Microsoft's new chip heats up debate over technology
Quantum computing stocks rose in premarket trading on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether N...