Rigetti Computing, Inc. (RGTI)
NASDAQ: RGTI · Real-Time Price · USD
10.75
-0.72 (-6.28%)
At close: Feb 21, 2025, 4:00 PM
10.70
-0.05 (-0.47%)
After-hours: Feb 21, 2025, 7:59 PM EST

Rigetti Computing Statistics

Total Valuation

RGTI has a market cap or net worth of $3.01 billion. The enterprise value is $2.94 billion.

Market Cap 3.01B
Enterprise Value 2.94B

Important Dates

The next estimated earnings date is Thursday, March 13, 2025, after market close.

Earnings Date Mar 13, 2025
Ex-Dividend Date n/a

Share Statistics

RGTI has 280.05 million shares outstanding. The number of shares has increased by 28.01% in one year.

Current Share Class 280.05M
Shares Outstanding 280.05M
Shares Change (YoY) +28.01%
Shares Change (QoQ) +9.59%
Owned by Insiders (%) 1.28%
Owned by Institutions (%) 27.56%
Float 276.47M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 147.43
Forward PS 223.22
PB Ratio 16.80
P/TBV Ratio 24.51
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 247.26
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.84, with a Debt / Equity ratio of 0.18.

Current Ratio 4.84
Quick Ratio 4.61
Debt / Equity 0.18
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -16.49

Financial Efficiency

Return on equity (ROE) is -51.46% and return on invested capital (ROIC) is -28.82%.

Return on Equity (ROE) -51.46%
Return on Assets (ROA) -26.06%
Return on Invested Capital (ROIC) -28.82%
Return on Capital Employed (ROCE) -49.51%
Revenue Per Employee $88,746
Profits Per Employee -$452,231
Employee Count 134
Asset Turnover 0.07
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +555.49% in the last 52 weeks. The beta is 1.26, so RGTI's price volatility has been higher than the market average.

Beta (5Y) 1.26
52-Week Price Change +555.49%
50-Day Moving Average 11.94
200-Day Moving Average 3.85
Relative Strength Index (RSI) 45.07
Average Volume (20 Days) 105,207,948

Short Selling Information

The latest short interest is 56.82 million, so 20.29% of the outstanding shares have been sold short.

Short Interest 56.82M
Short Previous Month 47.12M
Short % of Shares Out 20.29%
Short % of Float 20.55%
Short Ratio (days to cover) 0.30

Income Statement

In the last 12 months, RGTI had revenue of $11.89 million and -$60.60 million in losses. Loss per share was -$0.37.

Revenue 11.89M
Gross Profit 7.21M
Operating Income -67.22M
Pretax Income -67.98M
Net Income -60.60M
EBITDA -61.02M
EBIT -67.22M
Loss Per Share -$0.37
Full Income Statement

Balance Sheet

The company has $92.58 million in cash and $22.49 million in debt, giving a net cash position of $70.09 million or $0.25 per share.

Cash & Cash Equivalents 92.58M
Total Debt 22.49M
Net Cash 70.09M
Net Cash Per Share $0.25
Equity (Book Value) 122.84M
Book Value Per Share 0.64
Working Capital 82.41M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$54.50 million and capital expenditures -$11.36 million, giving a free cash flow of -$65.87 million.

Operating Cash Flow -54.50M
Capital Expenditures -11.36M
Free Cash Flow -65.87M
FCF Per Share -$0.24
Full Cash Flow Statement

Margins

Gross Margin 60.63%
Operating Margin -565.28%
Pretax Margin -509.58%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

Dividends & Yields

RGTI does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -28.01%
Shareholder Yield -28.01%
Earnings Yield -2.01%
FCF Yield -2.19%

Analyst Forecast

The average price target for RGTI is $9.30, which is -13.49% lower than the current price. The consensus rating is "Strong Buy".

Price Target $9.30
Price Target Difference -13.49%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 57.54%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

RGTI has an Altman Z-Score of -1.03 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.03
Piotroski F-Score 2