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RGTI

RGTI - Rigetti Computing, Inc. Stock Price, Fair Value and News

1.54USD0.00 (0.00%)Delayed as of 28 Mar 2024, 11:08 am ET

Market Summary

RGTI
USD1.540.00
Delayedas of 28 Mar 2024, 11:08 am
0.00%

RGTI Stock Price

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RGTI RSI Chart

RGTI Valuation

Market Cap

244.7M

Price/Earnings (Trailing)

-3.26

Price/Sales (Trailing)

20.38

EV/EBITDA

-3.82

Price/Free Cashflow

-4.1

RGTI Price/Sales (Trailing)

RGTI Profitability

Operating Margin

76.68%

EBT Margin

-625.45%

Return on Equity

-68.54%

Return on Assets

-46.97%

Free Cashflow Yield

-24.37%

RGTI Fundamentals

RGTI Revenue

Revenue (TTM)

12.0M

Rev. Growth (Yr)

-44.3%

Rev. Growth (Qtr)

8.71%

RGTI Earnings

Earnings (TTM)

-75.1M

Earnings Growth (Yr)

45.03%

Earnings Growth (Qtr)

43.41%

Breaking Down RGTI Revenue

52 Week Range

0.363.43
(Low)(High)

Last 7 days

-17.3%

Last 30 days

-3.5%

Last 90 days

64.6%

Trailing 12 Months

223.3%

How does RGTI drawdown profile look like?

RGTI Financial Health

Current Ratio

3.71

Debt/Equity

0.12

Debt/Cashflow

-3.86

RGTI Investor Care

Shares Dilution (1Y)

18.56%

Diluted EPS (TTM)

-0.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202313.2M14.4M14.7M12.0M
20227.9M8.5M8.4M13.1M
20215.5M6.9M7.5M8.2M
20200005.1M

Tracking the Latest Insider Buys and Sells of Rigetti Computing, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 18, 2024
rivas david
acquired
-
-
500,000
chief technology officer
Mar 18, 2024
rivas david
sold
-18,267
1.97
-9,273
chief technology officer
Mar 18, 2024
danis richard
sold
-91,262
1.97
-46,326
general counsel & corp. sec.
Mar 01, 2024
fitzgerald alissa
sold
-67,061
1.93
-34,747
-
Mar 01, 2024
fitzgerald alissa
acquired
9,451
0.272
34,747
-
Feb 28, 2024
fitzgerald alissa
acquired
8,160
0.272
30,000
-
Feb 28, 2024
fitzgerald alissa
sold
-60,300
2.01
-30,000
-
Feb 20, 2024
fitzgerald alissa
sold
-18,300
1.83
-10,000
-
Feb 20, 2024
fitzgerald alissa
acquired
2,720
0.272
10,000
-
Feb 12, 2024
fitzgerald alissa
acquired
2,720
0.272
10,000
-

1–10 of 50

Which funds bought or sold RGTI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
5.04
-1,246,700
4,365,160
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
new
-
216,982
216,982
-%
Feb 26, 2024
Virtu Financial LLC
reduced
-57.61
-5,000
1,000
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-73.02
-376,392
93,982
-%
Feb 15, 2024
TOWNSQUARE CAPITAL LLC
unchanged
-
-13,057
37,264
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-2.05
-6,079
6,895
-%
Feb 15, 2024
Tidal Investments LLC
new
-
14,432
14,432
-%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
74.12
331,683
1,477,650
-%
Feb 14, 2024
ALLEN OPERATIONS LLC
sold off
-100
-14,308
-
-%
Feb 14, 2024
MARSHALL WACE, LLP
added
1,486
397,144
434,294
-%

1–10 of 37

Are Funds Buying or Selling RGTI?

Are funds buying RGTI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RGTI
No. of Funds

Unveiling Rigetti Computing, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
beryl capital management llc
0%
0
SC 13G/A
Feb 10, 2023
millennium management llc
0.2%
218,803
SC 13G/A
Jan 26, 2023
rigetti chad
5.0%
6,144,379
SC 13D/A
Jan 12, 2023
rigetti chad
5.6%
6,901,448
SC 13D/A
Sep 02, 2022
supernova partners ii, llc
0%
0
SC 13D/A
Aug 31, 2022
rigetti chad
6.5%
8,139,269
SC 13D/A
Aug 22, 2022
rigetti chad
7.1%
8,733,050
SC 13D/A

Recent SEC filings of Rigetti Computing, Inc.

View All Filings
Date Filed Form Type Document
Mar 18, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
144
Notice of Insider Sale Intent
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
424B5
Prospectus Filed
Mar 15, 2024
8-K
Current Report
Mar 14, 2024
10-K
Annual Report
Mar 14, 2024
8-K
Current Report
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Rigetti Computing, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
201.6B
57.2B
2.77% 0.76%
15
3.52
7.66% 18.93%
90.2B
5.9B
17.07% 89.63%
43.21
15.39
33.75% 54.34%
29.5B
53.1B
5.14% 10.82%
8.65
0.56
-11.04% 34.01%
23.0B
29.1B
16.34% 16.75%
11.35
0.79
2.24% 133.29%
13.9B
4.2B
5.75% 80.08%
28.68
3.28
-11.68% 12.69%
12.0B
5.6B
0.35% 17.60%
38.69
2.16
4.97% -34.14%
MID-CAP
7.0B
1.9B
-10.05% -56.13%
18.83
3.73
4.69% 6.86%
3.8B
2.5B
11.60% 3.31%
15.78
1.52
-3.62% -4.73%
3.3B
1.4B
2.23% -11.62%
-12.25
2.27
-21.40% -1031.82%
SMALL-CAP
1.5B
1.3B
-4.19% -35.69%
18.57
1.11
14.09% 64.56%
536.0M
217.6M
-31.21% 522.03%
-9.56
2.46
-2.32% 15.59%
420.9M
1.1B
-17.62% -65.32%
-1.57
0.37
12.05% -13041.29%
132.9M
148.3M
2.46% 33.95%
39.72
0.9
12.07% 519.63%
57.2M
29.7M
-26.92% -80.48%
-0.83
1.93
39.86% -13.06%
56.8M
56.0M
33.75% 0.75%
-4.57
1.01
-26.16% -43.53%

Rigetti Computing, Inc. News

Latest updates
InvestorsObserver • 2 hours ago
InvestorsObserver • 26 Mar 2024 • 11:49 am
InvestorPlace • 23 Mar 2024 • 10:03 am
Simply Wall St • 21 Mar 2024 • 10:24 am
Yahoo Finance • 18 Mar 2024 • 07:00 am
Yahoo Finance • 15 Mar 2024 • 07:00 am

Rigetti Computing, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12021Q12020Q4
Revenue8.7%3,375,5003,105,0003,327,0002,201,0006,060,0002,804,0002,134,0002,104,0001,377,5002,919,0001,540,0002,360,000--
Cost Of Revenue3.1%859,500834,000597,000510,000810,000776,000873,000414,000527,393446,000365,000273,000--
Gross Profit10.8%2,516,0002,271,0002,730,0001,691,0005,250,0002,028,0001,261,0001,690,000728,6262,473,0001,175,0002,087,000--
Operating Expenses3.2%19,723,00019,103,00018,966,00023,711,00031,976,00033,352,00027,019,00026,962,0008,668,91411,642,00010,851,0009,767,000--
  S&GA Expenses85.0%11,184,0006,047,0005,747,000518,000-31,165,50015,987,00014,272,0001,475,000523,602782,000644,000312,000--
  R&D Expenses-2.1%12,786,50013,056,00013,219,00013,707,00015,912,50017,365,00012,747,00013,927,0005,687,5897,484,0007,496,0006,934,000--
EBITDA Margin-7.0%-5.15-4.81-4.70-4.85-4.53-5.52-4.61-4.73-3.79-----
Interest Expenses-15.8%1,262,5001,500,0001,600,0001,464,0001,540,0001,436,0001,040,0001,205,0001,388,000589,000407,00081,000--
Income Taxes---------------
Earnings Before Taxes43.4%-12,572,000-22,215,000-16,966,000-23,354,000-22,872,000-18,755,000-12,252,000-17,642,000-8,733,673-9,756,000-10,074,000-7,787,000--
EBT Margin-7.6%-6.25-5.81-5.69-5.85-5.46-6.82-5.66-5.77-4.67-----
Net Income43.4%-12,572,000-22,215,000-16,966,000-23,354,000-22,872,000-18,755,000-12,252,000-17,642,000-8,733,673-9,756,000-10,074,000-7,787,000--
Net Income Margin-7.6%-6.25-5.81-5.69-5.85-5.46-6.82-5.66-5.77-4.67-3.47-3.80-4.21--
Free Cashflow-121.2%-13,969,000-6,316,000-19,001,000-20,352,000-17,650,000-22,055,000-27,164,000-18,557,000-7,234,158-10,485,000-10,559,000-7,283,000--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q42021Q32021Q22021Q12021Q12021Q12020Q42020Q1
Assets-3.2%16016516818220321322924646.0047.0034634734734750.0039.0027.00
  Current Assets-7.7%10811711813015417019221518.0018.001.002.002.00-24.000.002.00
    Cash Equivalents-48.8%21.0042.0022.0026.0058.0074.0018420712.0013.001651.001.00-22.00-1.00
  Net PPE10.2%44.0040.0041.0043.0040.0037.0031.0024.0022.0022.00----20.00-20.00
  Goodwill------5.005.005.005.005.00----5.00-5.00
Liabilities-4.2%50.0053.0049.0052.0053.0047.0058.0082.0036.0028.0024.0029.0026.0026.004.0019.0035.00
  Current Liabilities26.1%29.0023.0021.0023.0022.0016.0013.0013.008.005.001.001.000.000.003.000.0035.00
  Long Term Debt-100.0%-13.00--21.00------------
    LT Debt, Non Current-24.5%10.0013.00--21.00------------
Shareholder's Equity-2.8%110113118129150166170164-71.53--5.005.005.00-0.00-
  Retained Earnings-3.7%-353-341-318-302-278-255-237-224--198-22.25-26.91-24.47-23.89-168-0.01-142
  Additional Paid-In Capital2.0%463454437431429422407389136135-9.006.006.001330.0014.00
Accumulated Depreciation-----26.00---19.0018.00----14.00-10.00
Shares Outstanding4.9%14714013212912511911711418.00-23.0022.0022.00--16.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q42021Q32021Q22021Q12021Q12020Q42020Q42020Q1
Cashflow From Operations-173.6%-12,421-4,540-18,070-15,548-14,207-13,397-19,364-15,721-6,186--8,440-8,303-5,795----
  Share Based Compensation0.4%3,6823,6693,3551,7037,16915,12111,04111,481265-518521597----
Cashflow From Investing-175.2%-10,75114,28912,221-14,986-544-95,844-7,800-2,836-1,047--2,045-2,256-1,488----
Cashflow From Financing-73.8%2,68910,2551,440-1,154-1,635-6774,321213,4455,836-1398,09112,026----

RGTI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS  
Revenue$ 12,008$ 13,102
Cost of revenue2,8002,873
Total gross profit9,20810,229
Operating expenses:  
Research and development52,76859,952
Selling, general and administrative27,74453,980
Goodwill impairment05,377
Restructuring9910
Total operating expenses81,503119,309
Loss from operations(72,295)(109,080)
Other income (expense), net  
Interest expense(5,779)(5,286)
Interest income5,0762,433
Change in fair value of derivative warrant liabilities(1,160)22,132
Change in fair value of earn-out liabilities(949)19,207
Transaction costs (927)
Total other (expense) income, net(2,812)37,559
Net loss before provision for income taxes(75,107)(71,521)
Provision for income taxes00
Net loss$ (75,107)$ (71,521)
Net loss per share attributable to common stockholders-basic (in $ per share)$ (0.57)$ (0.70)
Net loss per share attributable to common stockholders-diluted (in $ per share)$ (0.57)$ (0.70)
Weighted average shares used in computing net loss per share attributable to common stockholders - basic (in shares)131,977102,301
Weighted average shares used in computing net loss per share attributable to common stockholders - diluted (in shares)131,977102,301

RGTI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 21,392$ 57,888
Available-for-sale investments78,53784,923
Accounts receivable5,0296,235
Prepaid expenses and other current assets2,7092,450
Forward contract-assets02,229
Deferred offering costs0742
Total current assets107,667154,467
Property and equipment, net44,48339,530
Operating lease right-of-use assets7,6349,316
Other assets129129
Total assets159,913203,442
Current liabilities:  
Accounts payable5,7721,938
Accrued expenses and other current liabilities8,5638,205
Deferred revenue343961
Current portion of debt12,1648,303
Current portion of operating lease liabilities2,2102,345
Total current liabilities29,05221,752
Debt, less current portion9,89420,635
Operating lease liabilities, less current portion6,2977,858
Derivative warrant liabilities2,9271,767
Earn-out liabilities2,1551,206
Total liabilities50,32553,218
Commitments and contingencies (Note 21)
Stockholders' equity:  
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, none outstanding00
Common stock, par value $0.0001 per share,1,000,000,000 shares authorized, 147,066,336 shares issued and outstanding at December 31, 2023 and 125,257,233 shares issued and outstanding at December 31, 20221412
Additional paid-in capital463,089429,025
Accumulated other comprehensive income (loss)244(161)
Accumulated deficit(353,759)(278,652)
Total stockholders' equity109,588150,224
Total liabilities and stockholders' equity$ 159,913$ 203,442
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.
 CEO
 WEBSITEwww.rigetti.com
 EMPLOYEES129

Rigetti Computing, Inc. Frequently Asked Questions


What is the ticker symbol for Rigetti Computing, Inc.? What does RGTI stand for in stocks?

RGTI is the stock ticker symbol of Rigetti Computing, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rigetti Computing, Inc. (RGTI)?

As of Wed Mar 27 2024, market cap of Rigetti Computing, Inc. is 244.68 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RGTI stock?

You can check RGTI's fair value in chart for subscribers.

What is the fair value of RGTI stock?

You can check RGTI's fair value in chart for subscribers. The fair value of Rigetti Computing, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Rigetti Computing, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RGTI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Rigetti Computing, Inc. a good stock to buy?

The fair value guage provides a quick view whether RGTI is over valued or under valued. Whether Rigetti Computing, Inc. is cheap or expensive depends on the assumptions which impact Rigetti Computing, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RGTI.

What is Rigetti Computing, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, RGTI's PE ratio (Price to Earnings) is -3.26 and Price to Sales (PS) ratio is 20.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RGTI PE ratio will change depending on the future growth rate expectations of investors.