Rigetti Computing Inc (RGTI)

NASDAQ
Currency in USD
10.260
-0.900(-8.06%)
Closed
After Hours
10.290+0.030(+0.292%)
RGTI Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
9.90011.180
52 wk Range
0.66021.420
Key Statistics
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Prev. Close
11.16
Open
10.37
Day's Range
9.9-11.18
52 wk Range
0.66-21.42
Volume
67.93M
Average Volume (3m)
130.58M
1-Year Change
405.42%
Book Value / Share
0.45
Fair Value
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Fair Value Upside
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RGTI Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
15.000
Upside
+46.20%
Members' Sentiments
Bearish
Bullish
ProTips
Significant return over the last week
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Rigetti Computing Company Profile

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip system under the Novera brand name; 84-qubit Ankaa-3 system under the name Novera QPU (Quantum Processing Units); and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Rigetti Computing Inc Earnings Call Summary for Q4/2024

  • Rigetti Computing reported Q4 2024 EPS of -$0.68, missing -$0.08 forecast; revenue fell to $2.3M from $3.4M YoY; stock dropped 8.44% after-hours
  • Company launched 84-qubit ANCA3 quantum system; raised $153.3M through equity offerings, boosting cash reserves to $217.2M
  • Gross margins declined to 44% from 75% YoY; total operating expenses slightly reduced to $19.5M from $19.7M
  • CEO projects commercial sales impact in 4-5 years; company targets 36 qubits by mid-2025, over 100 by year-end
  • Revenue forecast: $10.96M for FY2024, $15.91M for FY2025; company faces competition from IBM and Google in quantum computing market
Last Updated: 05/03/2025, 23:08
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Compare RGTI to Peers and Sector

Metrics to compare
RGTI
Peers
Sector
Relationship
P/E Ratio
−14.6x−5.5x11.6x
PEG Ratio
0.160.000.01
Price/Book
23.2x2.0x2.4x
Price / LTM Sales
271.8x2.2x2.1x
Upside (Analyst Target)
51.1%47.8%26.9%
Fair Value Upside
Unlock13.5%5.4%Unlock

Analyst Ratings

5 Buy
0 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 15.000
(+46.20% Upside)

Earnings

Latest Release
Mar 05, 2025
EPS / Forecast
-0.68 / -0.08
Revenue / Forecast
2.30M / 2.52M
EPS Revisions
Last 90 days

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FAQ

What Is the Rigetti Computing (RGTI) Stock Price Today?

The Rigetti Computing stock price today is 10.26

What Stock Exchange Does Rigetti Computing Trade On?

Rigetti Computing is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Rigetti Computing?

The stock symbol for Rigetti Computing is "RGTI."

What Is the Rigetti Computing Market Cap?

As of today, Rigetti Computing market cap is 2.93B.

What is Rigetti Computing Earnings Per Share?

The Rigetti Computing EPS is -1.09.

What Is the Next Rigetti Computing Earnings Date?

Rigetti Computing will release its next earnings report on 07 May 2025.

From a Technical Analysis Perspective, Is RGTI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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