NASDAQ:RGTI Rigetti Computing (RGTI) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free RGTI Stock Alerts $1.20 +0.07 (+5.75%) (As of 02:33 PM ET) Add Compare Share Share Today's Range$1.13▼$1.2750-Day Range$1.08▼$2.2152-Week Range$0.36▼$3.43Volume5.14 million shsAverage Volume6.42 million shsMarket Capitalization$189.86 millionP/E RatioN/ADividend YieldN/APrice Target$3.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Rigetti Computing alerts: Email Address Rigetti Computing MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside168.0% Upside$3.17 Price TargetShort InterestBearish15.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$194,030 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.33) to ($0.22) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.37 out of 5 starsComputer And Technology Sector523rd out of 591 stocksHolding & Other Investment Offices Industry7th out of 9 stocks 3.5 Analyst's Opinion Consensus RatingRigetti Computing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageRigetti Computing has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.77% of the float of Rigetti Computing has been sold short.Short Interest Ratio / Days to CoverRigetti Computing has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rigetti Computing has recently increased by 23.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRigetti Computing does not currently pay a dividend.Dividend GrowthRigetti Computing does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RGTI. Previous Next 1.5 News and Social Media Coverage News SentimentRigetti Computing has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Rigetti Computing this week, compared to 1 article on an average week.Search InterestOnly 24 people have searched for RGTI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows69 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rigetti Computing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $194,030.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Rigetti Computing is held by insiders.Percentage Held by InstitutionsOnly 35.38% of the stock of Rigetti Computing is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rigetti Computing are expected to grow in the coming year, from ($0.33) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rigetti Computing is -2.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rigetti Computing is -2.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRigetti Computing has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> About Rigetti Computing Stock (NASDAQ:RGTI)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. 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.Read More RGTI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RGTI Stock News HeadlinesApril 23, 2024 | globenewswire.comRigetti Computing Delivers Novera™ QPU to Horizon Quantum Computing for Singapore-Based Hardware TestbedApril 16, 2024 | globenewswire.comRigetti and Oxford Instruments Announce Successful Completion of Innovate UK Project to Launch One of the First UK-Based Quantum ComputersApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 15, 2024 | investorplace.com3 Stocks to Buy for 100X Gains Before the Next Tech Hype CycleApril 14, 2024 | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Stock Price Down 6.3%April 7, 2024 | investorplace.com7 Penny Stocks That Deserve a Closer Look in Q2April 5, 2024 | investorplace.comThe 3 Most Undervalued Quantum Computing Stocks to Buy in April 2024March 28, 2024 | msn.comAltrius Global Dividend ETF declares monthly distribution of $0.1281April 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...March 27, 2024 | investorplace.com3 Quantum Computing Stocks to Buy on the Dip: March 2024March 23, 2024 | investorplace.com3 Stocks That Could Help You Retire on a Private IslandMarch 21, 2024 | investorplace.comWall Street's Favorite Quantum Computing Stocks? 3 Names That Could Make You Filthy RichMarch 18, 2024 | markets.businessinsider.comBuy Rating Affirmed for Rigetti Computing Amidst Quantum Industry Growth and Technological AdvancementsMarch 16, 2024 | finance.yahoo.comRigetti Computing Full Year 2023 Earnings: Beats ExpectationsMarch 15, 2024 | benzinga.comLooking Into Rigetti Computing's Recent Short InterestMarch 15, 2024 | finance.yahoo.comRigetti Computing, Inc. (NASDAQ:RGTI) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Allegro MicroSystems (ALGM) and Rigetti Computing (RGTI)March 15, 2024 | finanznachrichten.deRigetti Computing, Inc.: Rigetti Computing Reports Fourth Quarter and Full Year 2023 ResultsMarch 14, 2024 | globenewswire.comRigetti Computing Reports Fourth Quarter and Full Year 2023 ResultsMarch 14, 2024 | markets.businessinsider.comRigetti Computing is about to announce its earnings — here's what to expectMarch 13, 2024 | benzinga.comRigetti Computing Earnings PreviewMarch 12, 2024 | seekingalpha.comRigetti Computing: A Buy Despite Low Revenues In An Emerging FieldMarch 6, 2024 | investorplace.com3 Penny Stocks Projected to Have Massive Gains in 2024 (and Beyond)March 6, 2024 | investorplace.comThe Top 3 Quantum Computing Stocks to Buy in March 2024March 4, 2024 | globenewswire.comRigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024March 2, 2024 | msn.comAlliance Global Partners Initiates Coverage of Rigetti Computing (RGTI) with Buy RecommendationFebruary 27, 2024 | investorplace.com3 Millionaire-Maker Quantum Computing Stocks to Buy in February 2024See More Headlines Receive RGTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rigetti Computing and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/14/2024Today4/23/2024Next Earnings (Estimated)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Holding & other investment offices Sub-IndustryN/A Current SymbolNASDAQ:RGTI CUSIPN/A CIK1838359 Webwww.offerpad.com Phone510-210-5550FaxN/AEmployees134Year FoundedN/APrice Target and Rating Average Stock Price Target$3.17 High Stock Price Target$3.50 Low Stock Price Target$3.00 Potential Upside/Downside+180.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,110,000.00 Net Margins-625.42% Pretax Margin-625.47% Return on Equity-59.51% Return on Assets-41.47% Debt Debt-to-Equity Ratio0.09 Current Ratio3.71 Quick Ratio3.71 Sales & Book Value Annual Sales$12.01 million Price / Sales14.95 Cash FlowN/A Price / Cash FlowN/A Book Value$0.75 per share Price / Book1.51Miscellaneous Outstanding Shares158,880,000Free Float154,750,000Market Cap$179.53 million OptionableOptionable Beta2.43 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesDr. Subodh K. Kulkarni Ph.D. (Age 59)CEO, President & Director Comp: $16.62kMr. Richard Danis (Age 54)General Counsel & Corporate Secretary Comp: $856.62kMr. Jeffrey A. Bertelsen (Age 61)Chief Financial Officer Mr. David Rivas (Age 62)Chief Technology Officer Ms. Jackie KaweckSenior Vice President of Human ResourcesMr. Mike PelstringSenior Vice President of EngineeringDr. Andrew BestwickSenior Vice President of Quantum SystemsMore ExecutivesKey CompetitorsMagnachip SemiconductorNYSE:MXeGainNASDAQ:EGANRumbleOnNASDAQ:RMBLOomaNYSE:OOMAIterisNASDAQ:ITIView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 162,396 shares on 3/25/2024Ownership: 0.102%Richard DanisSold 46,326 sharesTotal: $91,262.22 ($1.97/share)David RivasSold 9,273 sharesTotal: $18,267.81 ($1.97/share)Alissa FitzgeraldSold 10,000 sharesTotal: $18,300.00 ($1.83/share)CIBC Private Wealth Group LLCBought 990,591 shares on 2/13/2024Ownership: 0.726%View All Insider TransactionsView All Institutional Transactions 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 twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RGTI shares. View RGTI analyst ratings or view top-rated stocks. What is Rigetti Computing's stock price target for 2024? 3 Wall Street analysts have issued twelve-month price targets for Rigetti Computing's stock. Their RGTI share price targets range from $3.00 to $3.50. On average, they anticipate the company's share price to reach $3.17 in the next twelve months. This suggests a possible upside of 168.0% 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 2024? Rigetti Computing's stock was trading at $0.9849 at the beginning of the year. Since then, RGTI stock has increased by 20.0% and is now trading at $1.1818. View the best growth stocks for 2024 here. Are investors shorting Rigetti Computing? Rigetti Computing saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 16,790,000 shares, an increase of 23.9% from the March 15th total of 13,550,000 shares. Based on an average daily volume of 6,850,000 shares, the short-interest ratio is presently 2.5 days. Currently, 15.8% of the company's shares are short sold. View Rigetti Computing's Short Interest. When is Rigetti Computing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our RGTI earnings forecast. How were Rigetti Computing's earnings last quarter? Rigetti Computing, Inc. (NASDAQ:RGTI) released its quarterly earnings data on Thursday, March, 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm earned $3.38 million during the quarter. Rigetti Computing had a negative trailing twelve-month return on equity of 59.51% and a negative net margin of 625.42%. What ETF holds Rigetti Computing's stock? Defiance Quantum ETF holds 2,972,258 shares of RGTI stock, representing 1.45% of its portfolio. What guidance has Rigetti Computing issued on next quarter's earnings? Rigetti Computing issued an update on its fourth quarter 2023 earnings guidance on Monday, February, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.9 million-$3.4 million, compared to the consensus revenue estimate of $3.3 million. 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. 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