Rigetti Computing, Inc. (RGTI)

NASDAQ: RGTI · Real-Time Price · USD
7.70
-0.76 (-8.98%)
At close: Mar 3, 2025, 4:00 PM
7.80
+0.10 (1.30%)
After-hours: Mar 3, 2025, 4:25 PM EST
-8.98%
Market Cap 2.16B
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 44,491,939
Open 8.53
Previous Close 8.46
Day's Range 7.52 - 8.74
52-Week Range 0.66 - 21.42
Beta 1.37
Analysts Strong Buy
Price Target 9.30 (+20.78%)
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 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]

Sector Technology
Founded 2013
Employees 134
Stock Exchange NASDAQ
Ticker Symbol RGTI
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 $9.3, which is an increase of 20.78% from the latest price.

Price Target
$9.3
(20.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 days ago - GlobeNewsWire

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...

Other symbols: IONQQBTSQTUM
5 days ago - GlobeNewsWire

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...

7 days ago - GlobeNewsWire

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...

Other symbols: IONQMSFTQBTSQUBT
11 days ago - Fast Company

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...

Other symbols: IONQMSFTQBTSQUBT
11 days ago - Reuters

Research from QphoX, Rigetti, and Qblox Demonstrating Optical Readout Technique for Superconducting Qubits Published in Nature Physics

DELFT, The Netherlands and Berkeley, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) -- QphoX B.V.

20 days ago - GlobeNewsWire

Rigetti Computing: Last Year's Explosive Growth Makes Sense

Rigetti Computing (RGTI) is a pioneer in quantum computing, with a 1,500% stock price surge in 2024 and a $4 billion market cap. Despite minimal revenue and deep unprofitability, RGTI's first-mover ad...

5 weeks ago - Seeking Alpha

Stock price forecasts: Rigetti Computing, Upstart, Nikola

American stocks have started the year well, with the S&P 500 and Nasdaq 100 indices soaring to their record highs. This trend may continue although risks remain, especially with the Federal Reserve ma...

Other symbols: UPST
5 weeks ago - Invezz

Four Ways to Invest in Quantum Computing

Quantum computing offers mind-boggling problem-solving potential. Here are four ways to buy quantum computing stocks.

Other symbols: GOOGGOOGLIONQQBTS
5 weeks ago - Kiplinger

Quantum computing comes into focus

CNBC's Kate Rooney reports on the latest regarding quantum computing stocks.

Other symbols: IONQQBTSQUBT
6 weeks ago - CNBC Television

Rigetti Computing CEO on hype after his stock explodes 48%

How do you know as an investor that you are witnessing a borderline bubble in a stock? When a company (or companies) that has made no money ever is trading like it makes lots of money today will make ...

6 weeks ago - Yahoo Finance

The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive

Quantum computing stocks rallied Wednesday following a directive from Microsoft urging businesses to get "quantum-ready" in 2025. The news lifted shares of Rigetti Computing, D-Wave Quantum and IonQ

Other symbols: IONQMSFTQBTSQUBT
6 weeks ago - CNBC

There's no 'business' right now for quantum computing companies, says NYU's Aswath Damodaran

Aswath Damodaran, NYU Stern School of Business professor of finance, joins CNBC's 'Closing Bell' to discuss outlooks on quantum computing.

Other symbols: IONQQBTSQUBT
6 weeks ago - CNBC Television

Short sellers cash in on quantum computing selloff

CNBC's Kate Rooney joins 'Closing Bell' to discuss the quantum computing selloff.

Other symbols: IONQQBTSQUBT
6 weeks ago - CNBC Television

Bronstein, Gewirtz & Grossman, LLC Is Investigating Rigetti Computing, Inc. (RGTI) And Encourages Stockholders to Connect

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Rigetti Computing, Inc. ("Rigetti" or "the Company") (NASDAQ:RGTI). Investors who purchased Rigetti secu...

6 weeks ago - Accesswire

Jim Cramer on the gamification of quantum computing stocks

'Mad Money' host Jim Cramer takes a closer look at the quantum computing space.

Other symbols: IONQQBTS
6 weeks ago - CNBC Television

Quantum computing stocks sell-off accelerates as Zuckerberg becomes latest tech CEO to temper sector enthusiasm

Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that uses for computers with these capabilities remain years away. The comments reinforce recent commentary ...

Other symbols: IONQQBTS
7 weeks ago - CNBC

Rigetti Computing, Inc. (RGTI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Rigetti Computing, Inc. ("Rigetti" or "the Company") (NASDAQ:RGTI). Investors who purchased Rigetti secu...

7 weeks ago - Accesswire

D-Wave and Quantum-Computing Stocks Slide. Meta's Zuckerberg Sees the Technology ‘Quite a Ways Off.

The Meta Platforms CEO says quantum computing is ‘quite a ways off' from being a ‘practical paradigm.'

Other symbols: METAQBTSIONQ
7 weeks ago - Barrons

There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop

Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.

Other symbols: NVDAPLTR
7 weeks ago - CNBC

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Rigetti Computing, Inc. (RGTI) and Encourages Stockholders to Learn More About the Investigation

NEW YORK, NY / ACCESSWIRE / January 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Rigetti Computing, Inc. ("Rigetti" or "the Company") (NAS...

7 weeks ago - Accesswire

Quantum Stocks, Including Rigetti Computing, Fell After Comment By VIP, But Reactions Were Irrational

Rigetti and other quantum stocks went off a cliff when NVDA CEO Jensen Huang suggested good things were very far off into the future.

7 weeks ago - Seeking Alpha

Rigetti Computing, Inc. Announcement: If You Have Suffered Losses in Rigetti Computing, Inc. (NASDAQ: RGTI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights

NEW YORK, Jan. 11, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Rigetti Compu...

7 weeks ago - GlobeNewsWire

The Schall Law Firm Urges Shareholders With Losses To Join An Inquiry Into Rigetti Computing, Inc. For Securities Fraud

LOS ANGELES, CA / ACCESSWIRE / January 10, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rigetti Comput...

7 weeks ago - Accesswire

Cramer's Stop Trading: Rigetti Computing

CNBC's Jim Cramer breaks down why he's keeping an eye on shares of Rigetti Computing.

7 weeks ago - CNBC Television