RGTI Stock Overview
Through its subsidiaries, builds quantum computers and the superconducting quantum processors. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Rigetti Computing, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.35 |
| 52 Week High | US$12.75 |
| 52 Week Low | US$0.66 |
| Beta | 2.73 |
| 1 Month Change | 552.30% |
| 3 Month Change | 1,433.37% |
| 1 Year Change | 980.95% |
| 3 Year Change | 10.19% |
| 5 Year Change | n/a |
| Change since IPO | 14.65% |
Recent News & Updates
Recent updates
Rigetti Computing: Overvalued With A High Cash Burn Rate
Dec 23Market Participants Recognise Rigetti Computing, Inc.'s (NASDAQ:RGTI) Revenues Pushing Shares 44% Higher
Nov 23
The Rigetti Computing, Inc. (NASDAQ:RGTI) Analysts Have Been Trimming Their Sales Forecasts
Nov 15Health Check: How Prudently Does Rigetti Computing (NASDAQ:RGTI) Use Debt?
Oct 17Revenue Downgrade: Here's What Analysts Forecast For Rigetti Computing, Inc. (NASDAQ:RGTI)
Aug 17Rigetti Computing, Inc.'s (NASDAQ:RGTI) Stock Retreats 29% But Revenues Haven't Escaped The Attention Of Investors
Aug 15Does Rigetti Computing (NASDAQ:RGTI) Have A Healthy Balance Sheet?
Jul 17Rigetti Computing, Inc.'s (NASDAQ:RGTI) Price In Tune With Revenues
Jun 21Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors
Feb 28Rigetti Computing, Inc. (NASDAQ:RGTI) Stocks Pounded By 36% But Not Lagging Industry On Growth Or Pricing
Nov 11Analysts Have Just Cut Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Estimates By 17%
May 19Rigetti Computing Matches IBM By Producing Deep Red
Sep 29Rigetti announces new partnerships
Sep 16Shareholder Returns
| RGTI | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 2.0% | 0.5% | -2.2% |
| 1Y | 981.0% | 76.6% | 23.9% |
Return vs Industry: RGTI exceeded the US Semiconductor industry which returned 76.6% over the past year.
Return vs Market: RGTI exceeded the US Market which returned 23.9% over the past year.
Price Volatility
| RGTI volatility | |
|---|---|
| RGTI Average Weekly Movement | 32.6% |
| Semiconductor Industry Average Movement | 7.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: RGTI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: RGTI's weekly volatility has increased from 21% to 33% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 134 | Subodh Kulkarni | www.rigetti.com |
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 and Ankaa-2 system under the Novera brand name; 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.
Rigetti Computing, Inc. Fundamentals Summary
| RGTI fundamental statistics | |
|---|---|
| Market cap | US$3.18b |
| Earnings (TTM) | -US$60.60m |
| Revenue (TTM) | US$11.89m |
267.3x
P/S Ratio-52.5x
P/E RatioIs RGTI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RGTI income statement (TTM) | |
|---|---|
| Revenue | US$11.89m |
| Cost of Revenue | US$4.68m |
| Gross Profit | US$7.21m |
| Other Expenses | US$67.81m |
| Earnings | -US$60.60m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.22 |
| Gross Margin | 60.63% |
| Net Profit Margin | -509.58% |
| Debt/Equity Ratio | 10.8% |
How did RGTI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:36 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rigetti Computing, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Kinstlinger | Alliance Global Partners |
| David Williams | Benchmark Company |
| Craig Ellis | B. Riley Securities, Inc. |