Rigetti Computing, Inc. (RGTI)
| Market Cap | 138.91M |
| Revenue (ttm) | 13.20M |
| Net Income (ttm) | -77.23M |
| Shares Out | 129.82M |
| EPS (ttm) | -0.65 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,815,659 |
| Open | 0.98 |
| Previous Close | 0.80 |
| Day's Range | 0.76 - 1.11 |
| 52-Week Range | 0.36 - 9.25 |
| Beta | 1.77 |
| Analysts | Strong Buy |
| Price Target | 2.17 (+102.8%) |
| Earnings Date | May 11, 2023 |
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. [Read more]
Financial Performance
In 2022, RGTI's revenue was $13.10 million, an increase of 59.86% compared to the previous year's $8.20 million. Losses were -$71.52 million, 87.0% more than in 2021.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for RGTI stock is "Strong Buy." The 12-month stock price forecast is $2.17, which is an increase of 102.80% from the latest price.
News
Rigetti Computing Reports First Quarter 2023 Results
Fourth Generation Ankaa-1 Chip Demonstrates Median 2-Qubit Gate Fidelity and Gate Speed Improvements Superior to Aspen M-3 Fourth Generation Ankaa-1 Chip Demonstrates Median 2-Qubit Gate Fidelity and ...
Rigetti Computing to Report First Quarter 2023 Financial Results and Host Conference Call on May 11, 2023
BERKELEY, Calif., April 27, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will ...
Rigetti Computing Reports Fourth-Quarter and Full-Year 2022 Results
Strategic Focus on Achieving 99% 2-Qubit Median Fidelity on 84 Qubit Chip Strategic Focus on Achieving 99% 2-Qubit Median Fidelity on 84 Qubit Chip
Rigetti Computing to Report Fourth Quarter and Full Year 2022 Financial Results and Host Conference Call on March 27, 2023
BERKELEY, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will ...
Rigetti Computing Announces Updated Strategic Plan to Prioritize Achieving Higher Performance System and Potential Path to Narrow Quantum Advantage
BERKELEY, Calif., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced that i...
Rigetti Computing to Present at 25th Annual Needham Growth Conference
BERKELEY, Calif., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced that Dr. S...
Rigetti Computing Appoints Dr. Subodh Kulkarni as President and Chief Executive Officer
Seasoned public company executive with background in the semiconductor industry brings track-record of success in scaling and commercializing cutting-edge technologies Seasoned public company executiv...
Rigetti to Bring Quantum Machine Learning Applications to Strangeworks Platform
The new applications are expected to be available on the Strangeworks platform in early 2023 on a pay-as-you-go service The new applications are expected to be available on the Strangeworks platform i...
Rigetti Computing Reports Third Quarter 2022 Financial Results
BERKELEY, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financ...
Rigetti Computing Announces Update to CEO Leadership Transition
BERKELEY, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that the Compa...
Rigetti Computing Announces CEO Leadership Transition
BERKELEY, Calif., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or the “Company”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, today announced that the Compa...
Rigetti Computing to Report Third Quarter 2022 Financial Results and Host Conference Call on November 14, 2022
BERKELEY, Calif., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will r...
Rigetti Announces New Partnerships, Provides Business Updates at Inaugural Investor Day
FREMONT, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, will share business developmen...
Rigetti Expands QCS™ Availability to Microsoft's Azure Quantum Platform
BERKELEY, Calif., Sept. 14, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announces that it h...
MEDIA ALERT: Rigetti Computing to Host & Webcast Inaugural Investor Day on Friday, Sept. 16
BERKELEY, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) -- WHAT: Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, will be hosting its...
Rigetti Computing to Host and Webcast 2022 Investor Day Live on September 16, 2022
BERKELEY, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced that it wi...
Rigetti Computing Announces Upcoming Investor Conference Schedule
BERKELEY, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced its invest...
Rigetti Computing Reports Second Quarter 2022 Financial Results and Provides Business Update
BERKELEY, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financ...
Rigetti Awarded DARPA Contract for Quantum Application Benchmarking
Rigetti will lead a team that includes University of Technology Sydney, Aalto University, and University of Southern California Rigetti will lead a team that includes University of Technology Sydney, ...
Rigetti Computing to Report Second Quarter 2022 Financial Results and Host Conference Call on August 11, 2022
BERKELEY, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will r...
Rigetti Computing Announces Chairperson Transition
Current Director Cathy McCarthy Appointed Chairperson of the Board Current Director Cathy McCarthy Appointed Chairperson of the Board
Rigetti Computing to Join Russell 3000® Index
BERKELEY, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (“Rigetti” or “the Company”) (NASDAQ: RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the Co...
Rigetti Computing Expands Global Presence with UK Quantum Computer Launch
LONDON, June 21, 2022 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classica...
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 R...
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.