Rigetti Computing Statistics
Total Valuation
RGTI has a market cap or net worth of $326.90 million. The enterprise value is $256.81 million.
Important Dates
The last earnings date was Tuesday, November 12, 2024, before market open.
Earnings Date | Nov 12, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
RGTI has 192.30 million shares outstanding. The number of shares has increased by 28.01% in one year.
Current Share Class | 192.30M |
Shares Outstanding | 192.30M |
Shares Change (YoY) | +28.01% |
Shares Change (QoQ) | +9.59% |
Owned by Insiders (%) | 2.43% |
Owned by Institutions (%) | 32.49% |
Float | 164.99M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 23.32 |
Forward PS | 17.66 |
PB Ratio | 2.66 |
P/TBV Ratio | 2.66 |
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 | 21.60 |
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 Capital (ROIC) | -28.82% |
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 +75.26% in the last 52 weeks. The beta is 2.14, so RGTI's price volatility has been higher than the market average.
Beta (5Y) | 2.14 |
52-Week Price Change | +75.26% |
50-Day Moving Average | 1.00 |
200-Day Moving Average | 1.17 |
Relative Strength Index (RSI) | 72.88 |
Average Volume (20 Days) | 10,611,978 |
Short Selling Information
The latest short interest is 25.67 million, so 13.35% of the outstanding shares have been sold short.
Short Interest | 25.67M |
Short Previous Month | 27.45M |
Short % of Shares Out | 13.35% |
Short % of Float | 15.56% |
Short Ratio (days to cover) | 10.94 |
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 $0.36 per share.
Cash & Cash Equivalents | 92.58M |
Total Debt | 22.49M |
Net Cash | 70.09M |
Net Cash Per Share | $0.36 |
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 | -$0.34 |
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 | -431.72% |
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 | -18.54% |
FCF Yield | -20.15% |
Analyst Forecast
The average price target for RGTI is $3.00, which is 76.47% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $3.00 |
Price Target Difference | 76.47% |
Analyst Consensus | Strong Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 70.72% |
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 |