Rigetti Computing, Inc. (RGTI)
| Market Cap | 928.78M |
| Revenue (ttm) | 10.30M |
| Net Income (ttm) | -47.55M |
| Shares Out | 113.82M |
| EPS (ttm) | -1.49 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 322,534 |
| Open | 8.65 |
| Previous Close | 8.87 |
| Day's Range | 7.95 - 8.66 |
| 52-Week Range | 5.41 - 12.75 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 19.38 (+137.5%) |
| Earnings Date | May 16, 2022 |
About RGTI
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.
Financial Performance
In 2021, RGTI's revenue was $8.20 million, an increase of 47.88% compared to the previous year's $5.54 million. Losses were -$38.24 million, 46.4% more than in 2020.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for RGTI stock is "Buy." The 12-month stock price forecast is 19.38, which is an increase of 137.50% from the latest price.
News
Rigetti Computing to Present at 17th Annual Needham Technology & Media Conference
BERKELEY, Calif., May 17, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, announced today that Chad Rig...
Rigetti Computing Reports First Quarter 2022 Financial Results and Provides Business Update
Rigetti's Fab-1 is located in Silicon Valley and is the world's first dedicated and integrated quantum fab.
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Rigetti Hires Eric Ostby as Vice President of Product
Berkeley, CA, April 20, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the addition...
Rigetti Computing Announces COO Leadership Transition
BERKELEY, Calif., April 19, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced that Ta...
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Rigetti Computing Adds Greg Peters as Chief Revenue Officer
Berkeley, Calif., March 21, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the addi...
Rigetti Computing Announces Financial Results for Fiscal Year 2021; Delivers 48% Year-over-Year Revenue Growth and Fu...
BERKELEY, Calif., March 10, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, recently announced its financia...
Rigetti Computing Announces Closing of Business Combination with Supernova Partners Acquisition Company II, Ltd.; Beg...
BERKELEY, Calif., March 02, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, and Supernova Partners Acquisition Co...
Supernova Partners Acquisition Company II, Ltd. Expected to Close Business Combination with Rigetti on March 2, 2022
WASHINGTON , Feb. 24, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE: SNII), a special purpose acquisition company, today announced that it expects all conditio...
SUPERNOVA PARTNERS ACQUISITION COMPANY II, LTD. REQUESTS SHAREHOLDERS VOTE ON BUSINESS COMBINATION WITH RIGETTI COMPU...
WASHINGTON, Feb. 24, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE: SNII), a special purpose acquisition company, reminds its shareholders to vote in favor of ...
Rigetti Computing Announces Michael Harburn as Chief Technical Officer
Berkeley, CA, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. (“Rigetti Computing”), a pioneer in hybrid quantum-classical computing systems, today announced Michael Harburn, who previously hel...
Rigetti Computing to Present at the Morgan Stanley Technology, Media & Telecom Conference
BERKELEY, Calif., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. (“Rigetti”), a pioneer in hybrid quantum-classical computing systems, today announced that Chad Rigetti, founder and CEO of Rig...
SUPERNOVA PARTNERS ACQUISITION COMPANY II, LTD. ANNOUNCES TRANSFER OF LISTING TO THE NASDAQ CAPITAL MARKET IN CONNECT...
WASHINGTON, Feb. 18, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. (NYSE: SNII) ("Supernova" or the "Company") announced today that it intends to withdraw its listing of its Class...
Rigetti Computing Reports Fidelities as High as 99.5% on Next-Generation Chip Architecture
Berkeley, CA, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. (“Rigetti”), a pioneer in hybrid quantum-classical computing systems, announced today it has achieved entangling gate fidelities as...
Rigetti and Ampere Announce Strategic Partnership to Develop Cloud-native Hybrid Quantum-Classical Computers
Optimization of Ampere® Altra® Max processors and Rigetti Quantum Processing Units anticipated to deliver an integrated cloud platform for the $16 billion machine learning market Optimization of Ampere®...
Rigetti Computing Announces Commercial Availability of 80-Qubit Aspen-M System and Results of CLOPS Speed Tests
BERKELEY, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. (“Rigetti”), a pioneer in hybrid quantum-classical computing, today announced the commercial availability of its 80-qubit quant...
Rigetti and Nasdaq Team-up to Pursue Quantum Advantage for Financial Applications
BERKELEY, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, a pioneer in full-stack quantum computing, today announced a collaborative agreement with Nasdaq (Nasdaq:NDAQ) to pursue the develo...
Rigetti and Zapata Collaborate to Build First Commercial Hybrid Quantum-Classical Compilation Stack for Application D...
Zapata's Orquestra® platform will integrate directly with Rigetti's 80Q Aspen-M Quantum System Zapata's Orquestra® platform will integrate directly with Rigetti's 80Q Aspen-M Quantum System
SUPERNOVA PARTNERS ACQUISITION COMPANY II, LTD. ANNOUNCES FILING OF DEFINITIVE PROXY STATEMENT AND SETS FEBRUARY 28, ...
WASHINGTON, Feb. 9, 2022 /PRNewswire/ -- Supernova Partners Acquisition Company II, Ltd. ("Supernova") (NYSE: SNII), a special purpose acquisition company, announced today that it has filed a definitive...
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Rigetti Computing Names Retired General Peter Pace Chairman of the Board of Directors
Berkeley, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Rigetti Holdings, Inc. (“Rigetti Computing”), a pioneer in full-stack quantum computing, today announced that it has elected retired Marine General Pe...
Rigetti Computing Selected to Deliver Technology for Phase 2 of DARPA ONISQ Program
BERKELEY, Calif., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, a pioneer in hybrid quantum-classical computing systems, announced today it has been selected to deliver hardware, software and ben...
Rigetti to Present at 24th Annual Needham Growth Conference
BERKELEY, Calif., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing (“Rigetti” or the “Company”), a pioneer in hybrid quantum-classical computing, today announced that it will participate in the 24th ...