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Rigetti Computing Inc

Rigetti Computing Inc (RGTI)

9.37
1.90
(25.44%)
Closed December 20 4:00PM
10.41
1.04
( 11.10% )
Pre Market: 5:58AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
10.41
Bid
10.40
Ask
10.43
Volume
3,884,432
0.00 Day's Range 0.00
0.66 52 Week Range 12.75
Market Cap
Previous Close
9.37
Open
-
Last Trade Time
05:58:48
Financial Volume
-
VWAP
-
Average Volume (3m)
61,784,864
Shares Outstanding
192,295,809
Dividend Yield
-
PE Ratio
-23.99
Earnings Per Share (EPS)
-0.39
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
-
Rigetti Computing Inc is listed in the Blank Checks sector of the NASDAQ with ticker RGTI. The last closing price for Rigetti Computing was $9.37. Over the last year, Rigetti Computing shares have traded in a share price range of $ 0.66 to $ 12.75.

Rigetti Computing currently has 192,295,809 shares outstanding. The market capitalization of Rigetti Computing is $1.80 billion. Rigetti Computing has a price to earnings ratio (PE ratio) of -23.99.

Rigetti Computing (RGTI) Options Flow Summary

Overall Flow

Bullish

Net Premium

9M

Calls / Puts

610.71%

Buys / Sells

93.75%

OTM / ITM

111.70%

Sweeps Ratio

2.01%

RGTI Latest News

Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+

MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum Computing ETF has reached a major milestone, surpassing $400 million in assets under...

Quantum Machines and Rigetti Announce Successful AI-Powered Calibration of a Quantum Computer

TEL AVIV, Israel and BERKELEY, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Quantum Machines, the leading provider of processor-based quantum controllers and Rigetti Computing (Nasdaq: RGTI), a...

Rigetti Computing Announces Pricing of $100 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

BERKELEY, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (β€œRigetti” or the β€œCompany”), a pioneer in full-stack quantum-classical computing, today announced that...

Rigetti Announces Successful Completion of $100 Million At-the-Market Equity Offering

BERKELEY, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (β€œRigetti” or the β€œCompany”), a pioneer in full-stack quantum-classical computing, today announced that...

Rigetti to Present Keynote at SEMICON Europa 2024

BERKELEY, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (β€œRigetti” or the β€œCompany”), a pioneer in full-stack quantum-classical computing, today announced that...

Rigetti Computing Reports Third Quarter 2024 Financial Results and Business Updates

BERKELEY, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (β€œRigetti” or the β€œCompany”), a pioneer in full-stack quantum-classical computing, today announced its...

Rigetti and Riverlane Progress Towards Fault Tolerant Quantum Computing with Real-Time and Low Latency Error Correction on Rigetti QPU

BERKELEY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rigetti (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, announced the successful demonstration of real-time and low...

Fully Operational Rigetti QPU Included in UK’s Recently Opened National Quantum Computer Centre

The UK’s National Quantum Computing Centre (NQCC) officially opened the doors of its landmark facility on Harwell Campus on October 25. The state-of-the-art facility includes a fully operational...

Rigetti Computing to Report Third Quarter 2024 Financial Results and Host Conference Call on November 12, 2024

BERKELEY, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it...

Rigetti CEO Dr. Subodh Kulkarni to Speak at Stanford Conference on Technology + National Security

BERKELEY, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (β€œRigetti” or the β€œCompany”) (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
13.2445.18828451887.1712.756.712238126209.55977971CS
47.78295.8174904942.6312.752.11657515046.41246817CS
129.60591194.615097620.804112.750.725617848645.67095495CS
269.46995.7894736840.9512.750.66315625995.31641834CS
529.36891.4285714291.0512.750.66186512054.77472276CS
1560.666.769230769239.7512.750.360181306574.22438969CS
2600.666.769230769239.7512.750.360181306574.22438969CS

RGTI - Frequently Asked Questions (FAQ)

What is the current Rigetti Computing share price?
The current share price of Rigetti Computing is $ 10.41
How many Rigetti Computing shares are in issue?
Rigetti Computing has 192,295,809 shares in issue
What is the market cap of Rigetti Computing?
The market capitalisation of Rigetti Computing is USD 1.8B
What is the 1 year trading range for Rigetti Computing share price?
Rigetti Computing has traded in the range of $ 0.66 to $ 12.75 during the past year
What is the PE ratio of Rigetti Computing?
The price to earnings ratio of Rigetti Computing is -23.99
What is the cash to sales ratio of Rigetti Computing?
The cash to sales ratio of Rigetti Computing is 150.16
What is the reporting currency for Rigetti Computing?
Rigetti Computing reports financial results in USD
What is the latest annual turnover for Rigetti Computing?
The latest annual turnover of Rigetti Computing is USD 12.01M
What is the latest annual profit for Rigetti Computing?
The latest annual profit of Rigetti Computing is USD -75.11M
What is the registered address of Rigetti Computing?
The registered address for Rigetti Computing is 108 W. 13TH STREET, SUITE 100, WILMINGTON, DELAWARE, 19801
What is the Rigetti Computing website address?
The website address for Rigetti Computing is www.rigetti.com
Which industry sector does Rigetti Computing operate in?
Rigetti Computing operates in the BLANK CHECKS sector

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RGTI Discussion

View Posts
copytele copytele 5 hours ago
# 26 FOLLOW FOR YOU BUDDY , SHOT IT'S LOAD ? ````````````I DON'T THINK SO.
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4retire 4retire 6 hours ago
So you think RGTI has shot its load? Sad
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Acme Investments Acme Investments 8 hours ago
👇 Why show up to winning 🥇 tickers after they run?? You're supposed to be there before the move!!
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copytele copytele 1 day ago
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copytele copytele 1 day ago
GAVE YOU # 25
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copytele copytele 1 day ago
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copytele copytele 2 days ago
GAYE YOU #12 , HIT ME BACK , THANKS ~~~~~~~~YOUR QUESTION IS "YES" AND DON'T FORGET "BTQQF"
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Oleblue Oleblue 2 days ago
This was from InsiderTrades.com
Rigetti: Cash Runway Toward Profitability, But Risky

One can hardly say that the market has entirely overlooked Rigetti in the past year. Shares of this maker of quantum processors are up nearly 585% in the year through December 19, 2024β€”a tremendous pace of growth, though still far behind rival Quantum Computing. Nearly all of these gains have taken place in the final weeks of the year.

On paper, Rigetti's recent rally appears to have catapulted the company into overvalued territory. Its P/S ratio of 172.9 suggests that investors may be overpaying for a firm that has yet to see sales take off. Further, the company is not yet profitableβ€”it reported a net loss of more than $14 million for the third quarter.

What may convince investors to buy into RGTI shares even despite their recent spike, though, is its path to profitability. The firm ended the third quarter with almost $93 million in cash or equivalents, enough of a cash runway to extend operations while it puts the final touches on systems slated for release in 2025. Rigetti's anticipated launches in the coming year include both a 36-qubit and a 100-qubit system based on superconducting-qubit technology that harnesses established semiconductor design processes. If these launches land successfully, the recent rally may be only the start of a longer upward trajectory.

Nonetheless, an investment in Rigetti while the share price is so high and before the company achieves profitability is inherently risky. More cautious investors may be better off comparing Rigetti to a well-established large tech firm that has an emerging quantum computing business.

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Ooou812 Ooou812 2 days ago
"Market Outlook
The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run."
👍 1
glenn1919 glenn1919 2 days ago
RGTI..............................https://stockcharts.com/h-sc/ui?s=rgti&p=W&b=5&g=0&id=p86431144783
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slicknick617 slicknick617 3 days ago
Is $12 the target price and if so in what time frame ?
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wiredawg wiredawg 3 days ago
RGTI has been initiated as a buy
12/20/24 08:20 AM ET
RGTI has been initiated as a buy
RGTI, (Trade) has been initiated by Craig Hallum as a buy at 12.0.
👍️ 2
DL11 DL11 3 days ago
RGTI price points of interest: 50 Day MA $2.74, 200 Day MA $1.51
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Oleblue Oleblue 4 days ago
Looks like Quantum stocks are getting a haircut today.

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bwrbad bwrbad 4 days ago
QUANTUM FAKE
How do they ........?
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Oleblue Oleblue 5 days ago
The stock is near it's all time high:

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TrendTrade2016 TrendTrade2016 5 days ago
RGTI 12.75 TOP CLOSE ENOUGHT TO THAT 13.00
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TrendTrade2016 TrendTrade2016 5 days ago
RGTI HERE COMES 12.00 TEACH THE MAGGOTS A FEW LESSONS
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TrendTrade2016 TrendTrade2016 5 days ago
GAPPING TO PREVIOUS CANDLE TOP WITH A SLOPPY WEEKLY BAND....BUT WITH THAT VOLUME ANYTHING IS POSSIBLE
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bwrbad bwrbad 5 days ago
Quantum leap, $100 for $5 in 1 month
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Roadtojourney Roadtojourney 5 days ago
What do you think of PRZO??
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TrendTrade2016 TrendTrade2016 5 days ago
RGTI BREAKING 12.00 IN PRE CLOWNS EVERYWHERE!!!
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Tiger Money Tiger Money 5 days ago
This thing is close to a major drop.  Heck, it may hit $14 first
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TrendTrade2016 TrendTrade2016 6 days ago
RGTI...13.24 TOP CANDLE ON THE MONTHLY WITH A SAR FLIP
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TrendTrade2016 TrendTrade2016 6 days ago
RGTI GOT THAT MONTHLY EXPLOSION SET UP
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TrendTrade2016 TrendTrade2016 6 days ago
RGTI MONSTER BREAK OUT
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TheFinalCD TheFinalCD 6 days ago
$11 break how sick
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wiredawg wiredawg 7 days ago
RGTI along with the other quantum stocks are on fire!!!
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wiredawg wiredawg 7 days ago
I think the market has room for both, along with many others. Though, I think RGTI will be trading similar to ION*Q, both were born from SPACs so very similar setups. But ION*Q was the first quantum pure play.
👍 1
Invest-in-America Invest-in-America 7 days ago
RGTI: And nevertheless, a monster CONGRATS to all who scored HUGE on this AI puppy!!!
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wiredawg wiredawg 7 days ago
I don't necessarily disagree; the valuation is insane. That did not stop the MEME stocks from making insane gains. Along with TSLA (PEx119), PLTR (PEx385), MSTR (no PE ratio).
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Did you come up with this question:
"In light of their HUGE Float & Authorized Shares numbers, then what is the ABSURD "Capitalized Value" of the RGTI company?
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Shares outstanding: As of December 13, 2024, RGTI has 280.05 million shares outstanding.
Institutional ownership: RGTI has 175 institutional owners and shareholders, including Deer Management Co. LLC, BlackRock, Inc., and Vanguard Group Inc.
Authorized shares: Authorized shares are the maximum number of shares a company can legally issue to investors. The number of authorized shares is specified in the company's articles of incorporation.

NOT really all that huge, current 10 day average volume: 146,775,793 pretty decent churn.

And sounds like you might be shorting, that's great the technicals should support that. BUT...
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Monksdream Monksdream 1 week ago
The same is true for QUBT, QBTS and ARQQ, as well as any company stocks with the Name quantum
Then there are companies that aren’t quantum computer companies at all but include β€˜quantum’
In the press releases
Oh, at this point, traders who aren’t hesitant about borrowing shares or buying put options view the runups in these stocks as profit opportunity
We will know in the fullness of time
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MythicBuccaneer45 MythicBuccaneer45 1 week ago
RGTI is overbought right now. Publicity by influencers on tik tok etc driven this stock too far on short term. I m bullish for long term because AI has a lot marge to grow
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Monksdream Monksdream 1 week ago
RGTI, has outshone IONQ, the consensus leader, in the quantum computer sector by a wide margin
The question now is can it continue
👍️ 1
glenn1919 glenn1919 1 week ago
rgti.......................https://stockcharts.com/h-sc/ui?s=rgti&p=W&b=5&g=0&id=p86431144783
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Invest-in-America Invest-in-America 1 week ago
RGTI: Here's what Bing's COPILOT has to say about this turkey ---

"In light of their HUGE Float & Authorized Shares numbers, then what is the ABSURD "Capitalized Value" of the RGTI company? Rigetti Computing, Inc. (RGTI) has a market capitalization of approximately $1.27 billion USD. This value is derived from the total market value of the company's outstanding shares1. Does Wall Street believe that the struggling RGTI company is really WORTH such a price? Wall Street analysts have mixed opinions about Rigetti Computing, Inc. (RGTI). While some analysts have given the stock a "Strong Buy" rating, others are more cautious due to the company's high valuation relative to its current sales1. Citron Research, for example, has expressed skepticism, calling the valuation "ridiculous" and suggesting that the hype surrounding Rigetti may fade. Overall, while there is some optimism about Rigetti's potential in the quantum computing space, there are also concerns about its current valuation and financial health. Is there anything else you'd like to know about Rigetti Computing or any other companies?"
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Invest-in-America Invest-in-America 1 week ago
RGTI: However, there IS at least a rudimentary FUNCTION for their stupid quantum "AI" (Absolute Ignorance) gadgets, Bro!!! Turn it upside-down on your floor; then put a Jesus CROSS on its apex; and, as such, you have a nice XMAS tree!!!!
https://www.rigetti.com/news/rigetti-computing-expands-global-presence-with-uk-quantum-computer-launch

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wiredawg wiredawg 1 week ago
He's probably short and getting waxed today, expiration day.
👍️ 1
Invest-in-America Invest-in-America 1 week ago
RGTI: And it will be BACK to that $0.75 before you know it, Homeboy!!
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Moonboy1 Moonboy1 1 week ago
Haha. Try telling that to us who bought at .75. sorry your late to this party. Party on fellow Shareholders!!
👍️ 1
Invest-in-America Invest-in-America 1 week ago
RGTI: This baloney sandwich will NEVER go anywhere!! WHY?? Their Float & AS are way too BIG!!! A MONSTER RS is looming, if this crap ever wants to have a chance vs. the HUGE competition in this AI area.
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Moonboy1 Moonboy1 1 week ago
It will when they do their next offering just like Qubt. That's s why QBTS is only in the $4 range. People know an offering could come at any time since they haven't don't one in a while. I'm not sure if this has 45 days waiting period or not but I thought Qubt did and they did another one anyway
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wiredawg wiredawg 2 weeks ago
Nah, healthy pullback is needed, 10 day average volume 136Mil+, outstanding shares 242Mil+ That's some churn there. In over brought territory, needs some pullback. And some pretty decent options action going for Dec 20 '24 calls & puts. When there was none just a couple of weeks ago. Dec should stay pretty lively around these parts.
👍 1 💯 1
Tiger Money Tiger Money 2 weeks ago
This is about to drop off a cliff 
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ecmoney ecmoney 2 weeks ago
311 million volume today

Crazy stuff

Ec
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glenn1919 glenn1919 2 weeks ago
RGTI..............................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
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ecmoney ecmoney 2 weeks ago
CVI investments received 25 million shares on the 5th


They are banking big time

Ec
👍 1
TrendTrade2016 TrendTrade2016 2 weeks ago
YEAH SURE MAGGOT
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LowFloatLopes LowFloatLopes 2 weeks ago
Here we gooooo
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TrendTrade2016 TrendTrade2016 2 weeks ago
WOW...JUST WOW BREAKING 8 BUCKS
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