Rigetti Computing, Inc. (RGTI)
| Market Cap | 3.44B |
| Revenue (ttm) | 9.21M |
| Net Income (ttm) | -137.60M |
| Shares Out | 290.32M |
| EPS (ttm) | -0.65 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 67,589,534 |
| Open | 12.05 |
| Previous Close | 11.54 |
| Day's Range | 11.52 - 12.52 |
| 52-Week Range | 0.66 - 21.42 |
| Beta | 1.42 |
| Analysts | Strong Buy |
| Price Target | 14.00 (+18.14%) |
| Earnings Date | May 12, 2025 |
About RGTI
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS) products. It also provides 9- ubit quantum processing unit under the Novera QPU trade name; 84-qubit Ankaa-3 system under the name Novera QPU; and sells access to its quantum computers through QCa... [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 $14.0, which is an increase of 18.14% from the latest price.
News
Why Did Rigetti Computing Analyst Cut His Price Forecast?
Rigetti Computing, Inc. RGTI shares are surging on Wednesday, reversing from yesterday's decline.
Rigetti Computing: I Think It Is Still A Little Too Early For This Sector
Rigetti Computing is a speculative investment due to the quantum computing market's immaturity and the company's high cash burn rate and declining financials. Q1/2025 results were disappointing, with ...
Quantum computing is a 'super super computer using less energy,' Rigetti CEO
Quantum computing company Rigetti Computing (RGTI) released its first quarter earnings results on Monday, which saw revenues decrease from its previous quarter as the company pursues quantum advantage...
RGTI CEO on Quantum Timeline & 1Q Earnings
Rigetti Computing (RGTI) CEO, Dr. Subodh Kulkarni, returns to Market on Close to talk about his company's latest earnings. While the company's stock sold off after earnings, Kulkarni says quantum comp...
Quantum "Long-Term Bet," Forms "Trifecta" with A.I. & Cloud
Steven Dickens says investors "shouldn't be focused on headline numbers" for quantum stocks. Rigetti Computing (RGTI) posted a big revenue miss but Steven believes it, and other quantum companies, hav...
Deep dive: Why Rigetti Computing's Q1 EPS isn't as impressive beneath the surface
Rigetti Computing Inc. (NASDAQ: RGTI) lost as much as 12% on Tuesday after reporting its financial results for the first quarter, which disappointed across the board. In Q1, the quantum technology com...
3D Systems, Rigetti Computing, UnitedHealth Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
3D Systems reported quarterly losses of 21 cents per share which missed the analyst consensus estimate of losses of 14 cents per share. The company reported quarterly sales of $94.54 million which mis...
Rigetti Computing Q1 Earnings: Too Much Hype For Me
Rigetti Computing's Q1 2025 earnings are unimpressive, with declining revenue growth and rapid share dilution, making the stock unattractive despite the sector's current popularity. The company faces ...
Rigetti Computing, Inc. (RGTI) Q1 2025 Earnings Call Transcript
Rigetti Computing, Inc. (NASDAQ:RGTI) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Subodh Kulkarni - President and CEO Jeff Bertelsen - CFO Conference Call Participan...
Rigetti Computing Reports First Quarter 2025 Financial Results
BERKELEY, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced its financi...
3 Bullish Signals Say Rigetti Stock Could Pop After Q1 Earnings
Rigetti Computing Inc. RGTI will report its first-quarter earnings after the market closes today. Wall Street expects the quantum computing startup to post a loss of five cents per share on revenue of...
Rigetti is taking on IBM, Google, and Microsoft in the race to build quantum computers. $RGTI
Rigetti is taking on IBM, Google, and Microsoft in the race to build quantum computers. $RGTI.
Rigetti Computing to Participate in Fireside Chat at 20th Annual Needham Technology, Media, & Consumer Conference
BERKELEY, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that Rigett...
QphoX, Rigetti and the NQCC Announce Collaboration on Multi-Channel Optical Readout of Quantum Processors
DELFT, Netherlands, BERKELEY, Calif. and OXFORDSHIRE, United Kingdom, May 06, 2025 (GLOBE NEWSWIRE) -- QphoX B.V.
Rigetti vs IonQ stock: which is the better quantum play for 2025?
Both Rigetti Computing Inc (NASDAQ: RGTI) and IonQ Inc (NYSE: IONQ) have soared about 50% over the past month as investors ran into the quantum computing stocks in hopes they'll emerge as the next gol...
Rigetti Computing Closes Investment by Quanta Computer
BERKELEY, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it h...
6 Stocks Showing Momentum As The Market Rebounds
Don't call it a comeback, but the market attempted to rally last week after a worrisome Monday decline. The S&P 500 closed above 5500 on Friday for the first time since President Donald Trump announce...
Rigetti Computing to Report First Quarter 2025 Financial Results and Host Conference Call on May 12, 2025
BERKELEY, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will ...
When Will Quantum Computing Be Ready for Prime Time? Inside Rigetti's Big Bet
On the latest episode of After Earnings, we spoke with Rigetti CEO Dr. Subodh Kulkarni about quantum science and its applications today. He talked about how Rigetti tries to compete with the quantum c...
Rigetti Granted Air Force Office of Scientific Research Award to Further Develop Breakthrough Chip Fabrication Technology
The $5.48 million Rigetti-led consortium will include Iowa State University, the Royal Melbourne Institute of Technology, the University of Connecticut, and Lawrence Livermore National Laboratory. The...
Rigetti Wins Innovate UK's Quantum Missions Pilot Competition to Advance Quantum Error Correction Capabilities on Superconducting Quantum Computers
Rigetti, in collaboration with Riverlane and the National Quantum Computing Centre (NQCC), has been selected as one of the winners of Innovate UK's Quantum Missions pilot competition. Leveraging Riget...
Quantum Computing Stocks Climb as Rigetti, IonQ Tapped for Department of Defense Program
Shares of Rigetti Computing (RGTI) and IonQ (IONQ) led a quantum computing stock rally Monday in the wake of a new government initiative and as artificial intelligence stocks rebounded from their rece...
Rigetti and IonQ Selected for U.S. Quantum Initiative. Moving ‘From Hype to Prototype.
Rigetti, IonQ, and Quantinuum will work with the Department of Defense to build viable quantum computers.
Rigetti Computing Selected to Participate in DARPA's Quantum Benchmarking Initiative
BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it w...
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 ...