NASDAQ:RGTI Rigetti Computing (RGTI) Stock Price, News & Analysis → $1,500 to $9,400 in one month? (A.I. Trade List) (From Prosper Trading Academy) (Ad) Free RGTI Stock Alerts $1.07 +0.01 (+0.94%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$1.04▼$1.1150-Day Range$1.06▼$2.0352-Week Range$0.76▼$3.43Volume3.12 million shsAverage Volume3.53 million shsMarket Capitalization$183.95 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/Downside196.0% Upside$3.17 Price TargetShort InterestBearish14.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.23Based on 4 Articles This WeekInsider TradingSelling Shares$120,568 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.26) to ($0.20) 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.2.03 out of 5 starsComputer And Technology Sector419th out of 590 stocksHolding & Other Investment Offices Industry4th out of 14 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 3 research reports in the past 90 days.Read more about Rigetti Computing's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted14.87% 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 16.20%, 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 3.5 News and Social Media Coverage News SentimentRigetti Computing has a news sentiment score of 1.23. 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 higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Rigetti Computing this week, compared to 2 articles on an average week.Search Interest24 people have searched for RGTI on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 45 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% 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 $120,568.00 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.Read more about Rigetti Computing's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rigetti Computing are expected to grow in the coming year, from ($0.26) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rigetti Computing is -2.02, 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 -2.02, 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 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Rigetti Computing's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWho are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.I call these Nvidia’s “Silent Partners.” 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 HeadlinesMay 22 at 1:21 PM | investorplace.com3 Quantum Computing Stocks That Could Be Millionaire-Makers: May EditionMay 20, 2024 | investorplace.com7 Cheap Quantum Computing Stocks to Buy Now: May 2024May 19, 2024 | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Shares Down 1.3% May 16, 2024 | investorplace.com3 Secret Quantum Computing Stocks Flying Below Wall Street's RadarMay 15, 2024 | investorplace.comThe Next Big Win: 3 Penny Stocks Poised for Huge GainsMay 15, 2024 | americanbankingnews.comRigetti Computing's (RGTI) "Buy" Rating Reiterated at Needham & Company LLCMay 15, 2024 | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Given Buy Rating at BenchmarkMay 13, 2024 | markets.businessinsider.comBuy Rating Reaffirmed for Rigetti Computing Amid Technological Advances and Solid Financial PerformanceMay 13, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Rigetti Computing (RGTI) and Everbridge (EVBG)May 10, 2024 | finance.yahoo.comRigetti Computing, Inc. (NASDAQ:RGTI) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comRigetti Computing Inc (RGTI) Q1 2024 Earnings: Navigating Challenges Amidst Technological ...May 9, 2024 | globenewswire.comRigetti Computing Reports First Quarter 2024 Financial ResultsMay 9, 2024 | investorplace.com3 Russell 2000 Stocks to Sell in May Before They Crash & BurnMay 8, 2024 | investorplace.com7 Promising Penny Stocks Flashing Potential Buy SignalsMay 3, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Quantum Computing StocksApril 30, 2024 | globenewswire.comRigetti Computing to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024April 28, 2024 | stockhouse.comRigetti Computing Launches the Novera(TM) QPU Partner ProgramApril 27, 2024 | investorplace.com3 Quantum Computing Stocks That Could Be Multibaggers in the Making: April EditionApril 26, 2024 | globenewswire.comRigetti Computing Launches the Novera™ QPU Partner ProgramApril 26, 2024 | investorplace.comThe Top 3 Quantum Computing Stocks to Buy in April 2024April 23, 2024 | tmcnet.comAI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data AnalysisApril 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 15, 2024 | investorplace.com3 Stocks to Buy for 100X Gains Before the Next Tech Hype CycleApril 7, 2024 | investorplace.com7 Penny Stocks That Deserve a Closer Look in Q2See 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 Earnings5/09/2024Today5/24/2024Next Earnings (Estimated)8/08/2024Fiscal 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+196.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,110,000.00 Net Margins-563.97% Pretax Margin-563.97% Return on Equity-59.05% Return on Assets-41.14% Debt Debt-to-Equity Ratio0.06 Current Ratio4.42 Quick Ratio4.42 Sales & Book Value Annual Sales$12.01 million Price / Sales15.32 Cash FlowN/A Price / Cash FlowN/A Book Value$0.67 per share Price / Book1.60Miscellaneous Outstanding Shares171,920,000Free Float154,750,000Market Cap$183.95 million OptionableOptionable Beta2.45 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesDr. Subodh K. Kulkarni Ph.D. (Age 59)CEO, President & Director Comp: $1.02MMr. David Rivas (Age 62)Chief Technology Officer Comp: $428.74kMr. Richard Danis (Age 54)General Counsel & Corporate Secretary Comp: $471.38kMr. Jeffrey A. Bertelsen (Age 61)Chief Financial Officer Ms. Jackie KaweckSenior Vice President of Human ResourcesMr. Mike PelstringSenior Vice President of EngineeringDr. Andrew BestwickSenior Vice President of Quantum SystemsMore ExecutivesKey CompetitorsKalturaNASDAQ:KLTRCangoNYSE:CANGtrivagoNASDAQ:TRVGCheetah MobileNYSE:CMCMQuickLogicNASDAQ:QUIKView All CompetitorsInsiders & InstitutionsCetera Advisors LLCBought 24,586 shares on 5/24/2024Ownership: 0.014%DCVC Opportunity Fund II GP LLCSold 30,500 shares on 5/15/2024Ownership: 1.006%PEAK6 Investments LLCBought 26,044 shares on 5/15/2024Ownership: 0.016%David RivasSold 4,433 sharesTotal: $5,940.22 ($1.34/share)Richard DanisSold 3,804 sharesTotal: $5,097.36 ($1.34/share)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 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 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 brokerages have issued 1-year price targets for Rigetti Computing's shares. Their RGTI share price targets range from $3.00 to $3.50. On average, they expect the company's stock price to reach $3.17 in the next twelve months. This suggests a possible upside of 196.0% 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 2024. Since then, RGTI shares have increased by 8.6% and is now trading at $1.07. View the best growth stocks for 2024 here. When is Rigetti Computing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our RGTI earnings forecast. How were Rigetti Computing's earnings last quarter? Rigetti Computing, Inc. (NASDAQ:RGTI) posted its earnings results on Thursday, May, 9th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.06. The business earned $3.05 million during the quarter. Rigetti Computing had a negative trailing twelve-month return on equity of 59.05% and a negative net margin of 563.97%. During the same quarter in the prior year, the company earned ($0.19) earnings per share. What ETF holds Rigetti Computing's stock? Defiance Quantum ETF holds 3,077,159 shares of RGTI stock, representing 1.31% of its portfolio. Who are Rigetti Computing's major shareholders? Rigetti Computing's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.26%), DCVC Opportunity Fund II GP LLC (1.01%), PEAK6 Investments LLC (0.02%) and Cetera Advisors LLC (0.01%). Insiders that own company stock include Alissa Fitzgerald, Brian J Sereda, Chad Rigetti, David Rivas, Mike Harburn and Richard Danis. View institutional ownership trends. 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 5/25/2024 by MarketBeat.com Staff From Our Partners348 million Americans lives to END as we know it?The Oxford ClubMissed NVDA? Buy this AI stock NOWChaikin AnalyticsVIPs Only (Do NOT Share This)Profits Run[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 Media$1,500 to $9,400 in one month? (A.I. Trade List)Prosper Trading AcademyA personal note from Behind The Markets' CEO Dylan Jovine...Behind the MarketsThis military-backed stock “owns” AI marketPorter & CompanyClaim Your Complimentary Bitcoin RewardCrypto Swap Profits Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rigetti Computing, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
