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Rigetti Computing Inc

Rigetti Computing Inc (RGTI)

1.20
0.07
( 6.19% )
Updated: 11:07:05

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Key stats and details

Current Price
1.20
Bid
1.20
Ask
1.21
Volume
3,332,300
1.13 Day's Range 1.27
0.3601 52 Week Range 3.43
Market Cap
Previous Close
1.13
Open
1.13
Last Trade
50
@
1.205
Last Trade Time
11:07:21
Financial Volume
$ 4,047,429
VWAP
1.2146
Average Volume (3m)
7,711,628
Shares Outstanding
158,881,022
Dividend Yield
-
PE Ratio
-2.67
Earnings Per Share (EPS)
-0.47
Revenue
12.01M
Net Profit
-75.11M

About Rigetti Computing Inc

Rigetti Computing, Inc. is a full-stack quantum computing company. The Company has operated quantum computers and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company¿s proprietary quantum-classical infrastructure provides high-p... Rigetti Computing, Inc. is a full-stack quantum computing company. The Company has operated quantum computers and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company¿s proprietary quantum-classical infrastructure provides high-performance integration with public and private clouds for practical quantum computing. It has developed a multi-chip quantum processor for scalable quantum computing systems. Through the Company¿s Quantum Computing as a Service (QCaaS) platform, its machines can be integrated into any public, private, or hybrid cloud. The Company offers product types of platform, research and software tool usage in the application areas of benchmarking, chemical simulation, education/entertainment, machine learning, and optimization. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility. Show more

Sector
Blank Checks
Industry
Blank Checks
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Rigetti Computing Inc is listed in the Blank Checks sector of the NASDAQ with ticker RGTI. The last closing price for Rigetti Computing was $1.13. Over the last year, Rigetti Computing shares have traded in a share price range of $ 0.3601 to $ 3.43.

Rigetti Computing currently has 158,881,022 shares outstanding. The market capitalization of Rigetti Computing is $200.19 million. Rigetti Computing has a price to earnings ratio (PE ratio) of -2.67.

RGTI Latest News

Rigetti and Oxford Instruments Announce Successful Completion of Innovate UK Project to Launch One of the First UK-Based Quantum Computers

LONDON and OXFORD, United Kingdom, April 16, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a...

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Deployed the 84-qubit Ankaa™-2 quantum computer, with a 2.5X improvement in error performance compared to the Company’s previous QPUs and achieved a 98% median 2-qubit fidelity.Won competition to...

U.S. Stock Futures Rise Ahead Of PPI and Retail Sales; Oil Prices Climb

U.S. index futures are rising in Thursday’s pre-market, with investors awaiting producer inflation data and retail sales, which impact U.S. interest rate projections for the year. At 06:39...

Rigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024

BERKELEY, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it...

Riverlane and Rigetti Computing Partner with Oak Ridge National Laboratory to Work to Improve HPC-Quantum Integration

CAMBRIDGE, United Kingdom and BERKELEY, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Riverlane, the global leader in quantum error correction technology, and Rigetti (Nasdaq: RGTI), a pioneer in...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.0453.89610389611.1551.3151.0646310171.16336687CS
4-0.47-28.14371257491.671.681.0648817211.32241679CS
120.087.142857142861.122.361.0677116281.61380513CS
260.021.694915254241.182.360.904348183901.47553027CS
520.71400.53.430.360153299221.67029749CS
156-8.55-87.69230769239.7511.36790.360129676671.7916769CS
260-8.55-87.69230769239.7511.36790.360129676671.7916769CS

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RGTI Discussion

View Posts
bwrbad bwrbad 1 day ago
RGTI this year may go to MSFT
@9 to 15
a price war coming,
my stake in RGTI and IONQ but see more possibility in RGTI
👍️0
slicknick617 slicknick617 2 weeks ago
Are you saying one is coming, that they announced they are doing one, or what ?
👍️0
ecmoney ecmoney 2 weeks ago
Reverse Split

You get 1 share for every 10 used to have


Ec
👍️0
bwrbad bwrbad 2 weeks ago
they say Rigetti Computing is at the forefront of the quantum computing field. But MSFT salivating on it, possible scoop up target along with with Quantinuum.
Rigetti and Riverlane, the global leader in quantum error correction technology, announced their participation in a project led by the U.S. Department of Energy’s Oak Ridge National Laboratory to explore the challenges of integrating a quantum computer with a large-scale supercomputing centre. This Zacks Rank #2 company has also started a new project with the help of an Innovate U.K. grant. The main goal of this project is to create quantum machine learning methods for looking at streams of financial data.
👍️0
slicknick617 slicknick617 3 weeks ago
I was hoping the floor was about $1. QBTS has a gap at $1.09 so I was hoping it would fill that and RGTI would follow it down. Even better would be if they "leap frogged" each other in price !
💩 1 🤡 1
Tiger Money Tiger Money 3 weeks ago
Is the floor in?
👍️0
Tiger Money Tiger Money 1 month ago
Well written
👍️0
bwrbad bwrbad 1 month ago
it is irrelevant whether ER beat or miss, every buy now is the best opportunity, the difference in the price won't make a big difference in a year and beyond. Little knowledge of Quantum physics, RGTI patent portfolio https://patents.justia.com/assignee/rigetti-co-llc
and little understanding of what coming out of RGTI kitchen should be the investment guide for little people on future of regenerative AI Robotics space science and everything in between.
👍️0
bwrbad bwrbad 1 month ago
right now RGTI shares available at less than tenth of pocket change even for a poor investor. They need to go back to ipo price and then only people will start paying the lower end of day to day true value
👍️0
bwrbad bwrbad 1 month ago
2.36 - 1.90 that was some erratic impatience move. let it be step by step to the future - let everyone come to the door including nvda
👍️0
hawkshaw812 hawkshaw812 1 month ago
Yes sir you making some good coin
👍️0
glenn1919 glenn1919 1 month ago
RGTI......................................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
👍️0
Porterhouse10 Porterhouse10 1 month ago
Remember, told u about this @ like $1.20, hope you bought, going to $3.00+
👍️0
Tiger Money Tiger Money 2 months ago
I hope you are right. How much higher are you thinking and are earnings even relevant or this too forward looking? Thanks
👍️0
bwrbad bwrbad 2 months ago
This prediction still stands. RGTI is James Webb of Quantum computing and more.
👍️0
Monksdream Monksdream 2 months ago
Rigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024
March 04 2024 - 04:05PM

Alert
Print
Share On Facebook

Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2023 results on Thursday, March 14, 2024 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day.
Key details regarding the call are as follows:

Call Date: Thursday, March 14, 2024
Call Time: 5:00 p.m. ET / 2:00 p.m. PT
Webcast Link: https://edge.media-server.com/mmc/p/5yuqcscr/
Live Call Participant Link: https://register.vevent.com/register/BI50b5aaacc3644ccfad45c9fcfbb1bb2e
👍️ 1
Monksdream Monksdream 2 months ago
RGTI 10Q due March 6
👍️0
Tiger Money Tiger Money 2 months ago
Market cap getting frothy here relative to revenue
👍️ 1
seventhcircle seventhcircle 2 months ago
yep $RGTI sympathy
👍️0
Tiger Money Tiger Money 2 months ago
NVDA crushed it. We should see $3-5 here fairly soon, my opinion
👍️0
Tiger Money Tiger Money 2 months ago
Personally, I think it has to do with AI. SMCI has been on a terror obviously climbing over $1,000 due to demand for equipment needed to run AI machines.

I think of it like a data center for all those hundreds of machines running the AI codes. That is a ton of money and space!

Does Rigetti help solve that problem? The problem for needing a ton of machines and machine power to run the world we are moving into? Quantum computing solves all that problem and some. Data centers as we know and build them now will not look anything like they do now in 20 years or even less than that
👍️0
glenn1919 glenn1919 2 months ago
RGTI...............................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
👍️0
Bugsy Seigle Bugsy Seigle 2 months ago
This stock has been getting significant volume in the last couple of days. Whats going on here?
👍️0
Tiger Money Tiger Money 2 months ago
Am I has a market cap of $55 billion and the market cap here is ONLY $250 million!
👍️0
seventhcircle seventhcircle 2 months ago
agreed way undervalued down here imo
👍️0
Tiger Money Tiger Money 2 months ago
The way smci is going this should be a $50 stock!
👍️0
seventhcircle seventhcircle 2 months ago
$RGTI up again today
👍️0
seventhcircle seventhcircle 2 months ago
nice move today $RGTI
👍️0
Porterhouse10 Porterhouse10 2 months ago
Super low floater, RM candidate, SS cleaned up, awaiting merger $ZHUD ,JMO!
👍️0
Porterhouse10 Porterhouse10 2 months ago
Boom $RGTI
👍️0
Porterhouse10 Porterhouse10 2 months ago
Easy $$$$,,same with $QTBS, Quantum is rockin jmo
👍️0
Porterhouse10 Porterhouse10 2 months ago
Bidding $1.21 jmo $RGTI, CPI Hot, but nothings changed here
👍️0
Monksdream Monksdream 2 months ago
This time it’s for real
👍️ 1
hawkshaw812 hawkshaw812 2 months ago
Ok
👍️0
Monksdream Monksdream 2 months ago
The chart

The hype

👍️0
Porterhouse10 Porterhouse10 2 months ago
Git Some $RGTI
👍️0
Porterhouse10 Porterhouse10 2 months ago
Loaded between $1.12-$.1.16 $RGTI
👍️0
glenn1919 glenn1919 3 months ago
RGTI..........................................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
👍️0
81vette 81vette 3 months ago
Excellent info!,last 2 days lots of buying (4Xs ave)
👍️0
81vette 81vette 3 months ago
last time it went thru sma200,ran over 200%,hit $3.43,ipo started @ $11.43,finally profits coming in now
👍️0
81vette 81vette 3 months ago
relative buying vol up 4Xs ave,covering started,15m sales,eps up 39% this year,news is said to be coming of 1st time profitable co coming soon,ftd over 50K shares(those have lost there a$$ already,past due,havent covered yet)
👍️0
81vette 81vette 3 months ago
squeeze play,9M short,shares available dropped 50% today,3 month breakout,parabolic,above sma200 today(ma res.is blue sky) up 4.84% @ $1.30 now
👍️0
bwrbad bwrbad 3 months ago
Rigetti Superconducting & Superconducting transmon 2018 - 2022
RIGITTI quantum circuit and quantum logic gate-based model of computing.

Agave
Acorn
Aspen-1, -4, -7, -8,--9, -10, -11
Aspen-M-1, M-2, M-3
👍️0
molee molee 3 months ago
$RGTI SP slowly creepin' up ...
👍️0
bwrbad bwrbad 4 months ago
Rigetti has portfolio of 165 patents - any chance they are coming out of dungeon dwelling this year.
👍️0
 just Scottie just Scottie 5 months ago
News out https://www.globenewswire.com/news-release/2023/12/06/2792153/0/en/Rigetti-Launches-the-Novera-QPU-the-Company-s-First-Commercially-Available-QPU.html
👍️0
 just Scottie just Scottie 5 months ago
Yoo hoo anybody here? QUANTUM is on the move imo
👍️0
Moonboy1 Moonboy1 5 months ago
Under $1
👍️0
luckydude777 luckydude777 6 months ago
The impending release of the third-quarter gross domestic product (GDP) report by the Commerce Department holds significant benefits for the United States economy. A robust economic expansion leads to increased consumer spending, business investments and job creation. This, in turn, tends to boost overall stock market performance, which benefits sectors especially quantum computing. Quantum computing stocks, representing cutting-edge technology with transformative potential, will experience increased investment in research and development as the economy grows.

Rigetti Computing (NASDAQ:RGTI) is an American-based company for integrated systems, constructing quantum computers and superconducting quantum processors. RGTI stock has grown 59.43% YTD.

The quantum computing industry displayed confident outlooks in 2022, bringing in $717.3 million with projections for 2023 to reach $928.8 million. Furthermore, the industry as a whole has been rapidly growing. There were forecasts of 2030 reaching $6.5 billion, marking a CAGR of 32.1% during this seven-year period.

Financially, Rigetti Computing showed strong promises of growth in Q2 of 2023 through a high revenue of $3.33 million which grew 55.9% YoY. The company also beat consensus earnings estimates by 20.89% on revenue. However, net income dipped to -$16.97 million. However, this is mainly due to to the increased costs of developing its first quantum processing units. As sales increase, the company projects income to cover expenses in the upcoming fiscal years.

Ultimately, the largest factor behind Rigetti Computing’s growth has been the development of its quantum processing units. Recently, Rigetti Computing announced a nine-qubit QPU, which is expected to outperform other competitors at the same processing power. Furthermore, its upgraded Ankaa-2 system, the sequel to its successful Ankaa-1 system, is projected to be released in Q4 2023. Expect major upgrades to be announced in upcoming investor relations conferences. Projections are speculated for increased processing power building on top of the Ankaa-1 system.
👍️0
Monksdream Monksdream 6 months ago
RGTI under $2
👍️0

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