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DOW   37,689.54
QQQ   409.52
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NASDAQ:RGTI

Rigetti Computing (RGTI) Stock Price, News & Analysis

$0.98
-0.04 (-3.90%)
(As of 12/29/2023 ET)
Today's Range
$0.98
$1.04
50-Day Range
$0.97
$1.30
52-Week Range
$0.36
$3.43
Volume
2.20 million shs
Average Volume
2.40 million shs
Market Capitalization
$138.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.50

Rigetti Computing MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
153.8% Upside
$2.50 Price Target
Short Interest
Healthy
9.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Rigetti Computing in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$48,880 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.46) to ($0.35) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Computer And Technology Sector

220th out of 589 stocks

Holding & Other Investment Offices Industry

2nd out of 7 stocks


RGTI stock logo

About Rigetti Computing Stock (NASDAQ:RGTI)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. Its quantum computing as a Service platform can be integrated into any public, private, or hybrid cloud. The company offers product types of platform, research, and software tools, which are used in application areas of benchmarking, chemical simulation, education/entertainment, machine learning, and optimization. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is based in Berkeley, California.

RGTI Stock Price History

RGTI Stock News Headlines

Rigetti Computing Inc RGTI
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Rigetti Computing Reports Third Quarter 2023 Results
RGTI Rigetti Computing, Inc.
Rigetti Computing, Inc. (RGTI)
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Beware! 3 Penny Stocks Waving Massive Red Flags Right Now
Benchmark Upgrades Rigetti Computing
Where Rigetti Computing Stands With Analysts
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/25/2024

Industry, Sector and Symbol

Industry
Holding & other investment offices
Sub-Industry
N/A
Current Symbol
NASDAQ:RGTI
Fax
N/A
Employees
129
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.50
High Stock Price Target
$3.00
Low Stock Price Target
$1.50
Potential Upside/Downside
+153.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-71,520,000.00
Net Margins
-581.28%
Pretax Margin
-581.28%

Debt

Sales & Book Value

Annual Sales
$13.10 million
Book Value
$1.20 per share

Miscellaneous

Free Float
136,926,000
Market Cap
$138.46 million
Optionable
Optionable
Beta
2.32
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Key Executives

  • Dr. Subodh K. Kulkarni Ph.D. (Age 58)
    CEO, President & Director
    Comp: $16.62k
  • Mr. Richard Danis (Age 53)
    General Counsel & Corporate Secretary
    Comp: $856.62k
  • Mr. Jeffrey A. Bertelsen (Age 60)
    Chief Financial Officer
  • Mr. David Rivas (Age 62)
    Chief Technology Officer
  • Ms. Jackie Kaweck
    Senior Vice President of Human Resources
  • Mr. Mike Pelstring
    Senior Vice President of Engineering














RGTI Stock Analysis - Frequently Asked Questions

Should I buy or sell Rigetti Computing stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rigetti Computing in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RGTI shares.
View RGTI analyst ratings
or view top-rated stocks.

What is Rigetti Computing's stock price target for 2024?

3 brokers have issued twelve-month target prices for Rigetti Computing's stock. Their RGTI share price targets range from $1.50 to $3.00. On average, they anticipate the company's stock price to reach $2.50 in the next year. This suggests a possible upside of 153.8% from the stock's current price.
View analysts price targets for RGTI
or view top-rated stocks among Wall Street analysts.

How have RGTI shares performed in 2023?

Rigetti Computing's stock was trading at $0.7292 on January 1st, 2023. Since then, RGTI stock has increased by 35.1% and is now trading at $0.9849.
View the best growth stocks for 2023 here
.

When is Rigetti Computing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our RGTI earnings forecast
.

How were Rigetti Computing's earnings last quarter?

Rigetti Computing, Inc. (NASDAQ:RGTI) released its quarterly earnings results on Thursday, November, 9th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by $0.03. The business had revenue of $3.11 million for the quarter. Rigetti Computing had a negative net margin of 581.28% and a negative trailing twelve-month return on equity of 62.84%.

What ETF holds Rigetti Computing's stock ?

Defiance Quantum ETF holds 1,944,343 shares of RGTI stock, representing 2.73% of its portfolio.

How do I buy shares of Rigetti Computing?

Shares of RGTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RGTI) was last updated on 12/31/2023 by MarketBeat.com Staff

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