RGTI Stock Overview
Through its subsidiaries, builds quantum computers and the superconducting quantum processors.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Rigetti Computing, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.05 |
| 52 Week High | US$3.43 |
| 52 Week Low | US$0.87 |
| Beta | 2.46 |
| 1 Month Change | -24.46% |
| 3 Month Change | -49.52% |
| 1 Year Change | 1.45% |
| 3 Year Change | -89.29% |
| 5 Year Change | n/a |
| Change since IPO | -89.39% |
Recent News & Updates
Recent updates
Rigetti Computing, Inc.'s (NASDAQ:RGTI) 65% Jump Shows Its Popularity With Investors
Feb 28
Rigetti 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 16Deutsche Bank initiates coverage on Rigetti Computing with buy rating
Aug 09Rigetti Computing board chairman to step down
Jul 06Shareholder Returns
| RGTI | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -0.9% | 4.2% | 1.4% |
| 1Y | 1.4% | 101.6% | 23.1% |
Return vs Industry: RGTI underperformed the US Semiconductor industry which returned 90.3% over the past year.
Return vs Market: RGTI underperformed the US Market which returned 21.7% over the past year.
Price Volatility
| RGTI volatility | |
|---|---|
| RGTI Average Weekly Movement | 13.4% |
| Semiconductor Industry Average Movement | 6.5% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: RGTI's share price has been volatile over the past 3 months.
Volatility Over Time: RGTI's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
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$175.36m |
| Earnings (TTM) | -US$72.53m |
| Revenue (TTM) | US$12.86m |
14.0x
P/S Ratio-2.5x
P/E RatioIs RGTI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RGTI income statement (TTM) | |
|---|---|
| Revenue | US$12.86m |
| Cost of Revenue | US$3.84m |
| Gross Profit | US$9.02m |
| Other Expenses | US$81.54m |
| Earnings | -US$72.53m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.42 |
| Gross Margin | 70.12% |
| Net Profit Margin | -564.01% |
| Debt/Equity Ratio | 16.7% |
How did RGTI perform over the long term?
See historical performance and comparison