Rigetti Computing, Inc. (RGTI)

Rigetti Computing Statistics

Total Valuation

RGTI has a market cap or net worth of $2.38 billion. The enterprise value is $2.19 billion.

Market Cap	2.38B
Enterprise Value	2.19B

Important Dates

The next estimated earnings date is Thursday, May 8, 2025, after market close.

Earnings Date	May 8, 2025
Ex-Dividend Date	n/a

Share Statistics

RGTI has 285.83 million shares outstanding. The number of shares has increased by 39.92% in one year.

Current Share Class	285.83M
Shares Outstanding	285.83M
Shares Change (YoY)	+39.92%
Shares Change (QoQ)	+20.16%
Owned by Insiders (%)	1.10%
Owned by Institutions (%)	23.84%
Float	282.40M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	142.40
Forward PS	159.02
PB Ratio	18.64
P/TBV Ratio	18.79
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	203.41
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 17.42, with a Debt / Equity ratio of 0.07.

Current Ratio	17.42
Quick Ratio	16.39
Debt / Equity	0.07
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-21.05

Financial Efficiency

Return on equity (ROE) is -170.20% and return on invested capital (ROIC) is -31.08%.

Return on Equity (ROE)	-170.20%
Return on Assets (ROA)	-19.26%
Return on Invested Capital (ROIC)	-31.08%
Return on Capital Employed (ROCE)	-25.10%
Revenue Per Employee	$77,071
Profits Per Employee	-$1.44M
Employee Count	140
Asset Turnover	0.05
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +587.60% in the last 52 weeks. The beta is 1.42, so RGTI's price volatility has been higher than the market average.

Beta (5Y)	1.42
52-Week Price Change	+587.60%
50-Day Moving Average	9.46
200-Day Moving Average	5.36
Relative Strength Index (RSI)	45.82
Average Volume (20 Days)	34,946,111

Short Selling Information

The latest short interest is 68.26 million, so 23.88% of the outstanding shares have been sold short.

Short Interest	68.26M
Short Previous Month	68.30M
Short % of Shares Out	23.88%
Short % of Float	24.17%
Short Ratio (days to cover)	1.17

Income Statement

In the last 12 months, RGTI had revenue of $10.79 million and -$200.99 million in losses. Loss per share was -$1.09.

Revenue	10.79M
Gross Profit	5.70M
Operating Income	-68.51M
Pretax Income	n/a
Net Income	-200.99M
EBITDA	-61.60M
EBIT	-68.51M
Loss Per Share	-$1.09

Balance Sheet

The company has $192.09 million in cash and $8.80 million in debt, giving a net cash position of $183.29 million or $0.64 per share.

Cash & Cash Equivalents	192.09M
Total Debt	8.80M
Net Cash	183.29M
Net Cash Per Share	$0.64
Equity (Book Value)	126.59M
Book Value Per Share	0.45
Working Capital	194.89M

Cash Flow

In the last 12 months, operating cash flow was -$50.63 million and capital expenditures -$11.10 million, giving a free cash flow of -$61.73 million.

Operating Cash Flow	-50.63M
Capital Expenditures	-11.10M
Free Cash Flow	-61.73M
FCF Per Share	-$0.22

Margins

Gross Margin	52.80%
Operating Margin	-634.94%
Pretax Margin	-1,862.72%
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	-39.92%
Shareholder Yield	-39.92%
Earnings Yield	-8.45%
FCF Yield	-2.60%

Analyst Forecast

The average price target for RGTI is $14.50, which is 74.28% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$14.50
Price Target Difference	74.28%
Analyst Consensus	Strong Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	76.27%
EPS Growth Forecast (5Y)	n/a

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 -1.17 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-1.17
Piotroski F-Score	2