Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · Real-Time Price · USD

9.37

+1.90 (25.44%)

At close: Dec 20, 2024, 4:00 PM

9.60

+0.23 (2.45%)

After-hours: Dec 20, 2024, 7:59 PM EST

25.44% (1D)

Market Cap	2.62B
Revenue (ttm)	11.89M
Net Income (ttm)	-60.60M
Shares Out	280.05M
EPS (ttm)	-0.37
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	213,622,147
Open	7.26
Previous Close	7.47
Day's Range	6.93 - 10.08
52-Week Range	0.66 - 12.75
Beta	2.73
Analysts	Strong Buy
Price Target	4.80 (-48.77%)
Earnings Date	Nov 12, 2024

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 and Ankaa-2 system under the Novera brand name; 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, as well as quantum operating system software that supports both p... [Read more]

Industry Computer Hardware

Sector Technology

Founded 2013

Employees 134

Stock Exchange NASDAQ

Ticker Symbol RGTI

Website https://www.rigetti.com

Full Company Profile

Financial Performance

In 2023, Rigetti Computing's revenue was $12.01 million, a decrease of -8.35% compared to the previous year's $13.10 million. Losses were -$75.11 million, 5.01% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for RGTI stock is "Strong Buy." The 12-month stock price forecast is $4.8, which is a decrease of -48.77% from the latest price.

Price Target

$4.8

(-48.77% downside)

Analyst Consensus: Strong Buy

Stock Forecasts

News

Quantum Computing Stocks Are Flying. Investors Should Brace for a Long Haul.

Three small computer companies doing quantum computing have seen their shares soar in value.

Other symbols: GOOG GOOGL IBM QBTS

3 days ago - Barrons

Undercovered ETFs: Quantum Computing, India, Digital Assets, Small Caps +

The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and trends in this space. For Bitcoin exposure, Geneva Inve...

Other symbols: AIQ ARKB BINC CGGR DAPP EPI GOOG

3 days ago - Seeking Alpha

What's Behind The 500% Rise In RGTI Stock?

Despite a 500% rise in a month, the stock price of Rigetti Computing (NASDAQ: RGTI), a quantum computing company, could potentially see much higher levels. Unlike conventional computers that operate u...

4 days ago - Forbes

Quantum Stocks Leap

Alphabet has continued to surge higher since last week following news about its Willow quantum computing chip. The stock's recent jump higher has taken it back to new all-time highs. Since the Willow ...

Other symbols: IONQ QMCO QTUM QUBT

4 days ago - Seeking Alpha

Overlooked Stock: RGTI

The quantum craze is growing after Alphabet (GOOGL) announced its quantum computing chip. That excitement was seen in Rigetti Computing's (RGTI) parabolic upside move.

5 days ago - Schwab Network

Quantum computing related stocks share in Alphabet's gains

Quantum computing is in focus after Google (GOOG, GOOGL) unveiled its new quantum computing chip, Willow, which sent Alphabet stock higher. Catalysts Co-Hosts Seana Smith and Madison Mills take a look...

Other symbols: GOOG GOOGL IONQ QBTS QUBT

8 days ago - Yahoo Finance

Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+

MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum Computing ETF has reached a major milestone, surpassing $400 million in assets under managem...

Other symbols: IONQ QBTS QTUM

8 days ago - GlobeNewsWire

Quantum-computing stocks are soaring as investors place bets on ‘the next big thing' in tech

A trio of quantum-computing stocks have seen huge gains over the past few months, bolstered by a wave of hype from retail investors looking to cash in on what could be the next big thing in tech.

Other symbols: IONQ QBTS

10 days ago - Market Watch

Here's why the IONQ and Rigetti Computing stocks have surged

Rigetti Computing (RGTI) and IonQ (IONQ) stock prices have done well this year, as investors rotate to quantum computing companies. RGTI shares soared to a high of $6.87, its highest level since June ...

Other symbols: IONQ

10 days ago - Invezz

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

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 ha...

25 days ago - GlobeNewsWire

Gold Down Over 3%; Rigetti Computing Shares Spike Higher

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

26 days ago - Benzinga

Rigetti Computing: Could This Be The Next Quantum Multibagger?

Rigetti Computing offers speculative upside, with significant catalysts ahead that could push its share price into double digits by the end of 2025. Milestones include the 84-qubit Ankaa 3 system in 2...

27 days ago - Seeking Alpha

Rigetti Computing Rises After Q3 2024 Earnings Due To Modular QPU Framework

Rigetti Computing focuses on quantum computing with superconducting qubit-based processors but faces financial challenges despite technological advancements. The company raised $12 million in Q3 2024 ...

5 weeks ago - Seeking Alpha

Rigetti to Present Keynote at SEMICON Europa 2024

BERKELEY, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that Dr. S...

5 weeks ago - GlobeNewsWire