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RGTI

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

0.99USD-0.03 (-2.94%)Market Closed

Market Summary

RGTI
USD0.99-0.03
Market Closed
-2.94%

RGTI Stock Price

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RGTI RSI Chart

RGTI Valuation

Market Cap

170.2M

Price/Earnings (Trailing)

-2.35

Price/Sales (Trailing)

13.24

EV/EBITDA

-2.36

Price/Free Cashflow

-2.94

RGTI Price/Sales (Trailing)

RGTI Profitability

Operating Margin

70.12%

EBT Margin

-563.99%

Return on Equity

-62.75%

Return on Assets

-44.74%

Free Cashflow Yield

-34.03%

RGTI Fundamentals

RGTI Revenue

Revenue (TTM)

12.9M

Rev. Growth (Yr)

38.66%

Rev. Growth (Qtr)

-9.58%

RGTI Earnings

Earnings (TTM)

-72.5M

Earnings Growth (Yr)

11.05%

Earnings Growth (Qtr)

-65.23%

Breaking Down RGTI Revenue

Last 7 days

-2.9%

Last 30 days

-18.8%

Last 90 days

-49.7%

Trailing 12 Months

-19.5%

How does RGTI drawdown profile look like?

RGTI Financial Health

Current Ratio

4.42

Debt/Equity

0.06

Debt/Cashflow

-7.42

RGTI Investor Care

Shares Dilution (1Y)

32.43%

Diluted EPS (TTM)

-0.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202412.9M000
202313.2M14.4M14.7M12.0M
20227.9M8.5M8.4M13.1M
20215.5M6.9M7.5M8.2M
20200005.1M
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Tracking the Latest Insider Buys and Sells of Rigetti Computing, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 14, 2024
rivas david
sold
-11,880
1.34
-8,866
chief technology officer
May 14, 2024
danis richard
sold
-5,097
1.34
-3,804
general counsel & corp. sec.
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
acquired
9,451
0.272
34,747
-
Mar 01, 2024
fitzgerald alissa
sold
-67,061
1.93
-34,747
-
Feb 28, 2024
fitzgerald alissa
acquired
8,160
0.272
30,000
-

1–10 of 50

Which funds bought or sold RGTI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 24, 2024
Cetera Investment Advisers
added
64.9
23,958
39,300
-%
May 24, 2024
FARALLON CAPITAL MANAGEMENT LLC
unchanged
-
2,603
5,553
-%
May 20, 2024
Virtu Financial LLC
added
16.48
2,000
3,000
-%
May 16, 2024
Tidal Investments LLC
added
1.91
8,415
22,847
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-0.01
5,612
12,507
-%
May 16, 2024
JANE STREET GROUP, LLC
added
176
309,819
403,801
-%
May 16, 2024
Connective Capital Management, LLC
sold off
-100
-71,519
-
-%
May 15, 2024
LMR Partners LLP
unchanged
-
151,633
337,897
-%
May 15, 2024
STATE STREET CORP
reduced
-3.3
187,123
559,777
-%
May 15, 2024
MORGAN STANLEY
added
344
1,642,630
1,921,010
-%

1–10 of 42

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
May 23, 2024
SD
SD
May 14, 2024
144
Notice of Insider Sale Intent
May 14, 2024
144
Notice of Insider Sale Intent
May 14, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 09, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
Apr 29, 2024
ARS
ARS
Apr 29, 2024
DEF 14A
DEF 14A
Apr 29, 2024
DEFA14A
DEFA14A

Peers (Alternatives to Rigetti Computing, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.1B
55.4B
-8.01% -12.02%
15.19
3.32
0.85% 5.63%
102.9B
6.1B
0.76% 100.96%
44.98
16.93
25.22% 50.89%
34.7B
53.0B
13.27% 14.21%
11.7
0.66
-5.57% 13.23%
28.1B
29.1B
20.20% 23.78%
12.51
0.87
2.24% 133.29%
15.2B
4.3B
11.55% 70.86%
24.77
3.53
-5.30% 67.91%
11.5B
5.3B
2.57% 9.34%
51.46
2.16
-2.96% -55.26%
MID-CAP
8.7B
1.9B
2.53% -22.93%
24.83
4.54
1.03% -11.76%
3.9B
2.4B
-0.47% 0.10%
17.76
1.6
-8.79% -23.10%
3.2B
1.4B
3.46% -16.13%
-9.03
2.25
-21.81% -865.12%
SMALL-CAP
1.6B
1.2B
12.27% -50.79%
-249.68
1.29
-0.19% -110.91%
398.7M
1.1B
-6.32% -53.80%
-0.72
0.38
-12.01% -1246.95%
392.2M
205.3M
-8.45% 132.79%
-6.23
1.91
-8.19% 5.55%
124.9M
145.6M
-6.10% 7.78%
24.84
0.86
-0.89% 63.00%
60.4M
53.8M
7.49% 1.45%
-5.02
1.12
-28.06% -33.67%
12.8M
29.9M
-69.05% -95.81%
-0.17
0.43
39.86% -24.01%

Rigetti Computing, Inc. News

Latest updates
MarketBeat10 Jun 202412:52 pm
The Globe and Mail05 Jun 202412:30 pm
GlobeNewswire09 May 202407:00 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12021Q12020Q4
Revenue-9.6%3,052,0003,375,5003,105,0003,327,0002,201,0006,060,0002,804,0002,134,0002,104,0001,377,5002,919,0001,540,0002,360,000--
Cost Of Revenue80.6%1,552,000859,500834,000597,000510,000810,000776,000873,000414,000527,393446,000365,000273,000--
Gross Profit-40.4%1,500,0002,516,0002,271,0002,730,0001,691,0005,250,0002,028,0001,261,0001,690,000728,6262,473,0001,175,0002,087,000--
Operating Expenses-8.3%18,085,00019,723,00019,103,00018,966,00023,711,00031,976,00033,352,00027,019,00026,962,0008,668,91411,642,00010,851,0009,767,000--
  S&GA Expenses-4.6%6,614,0006,936,5006,047,0005,747,0009,013,00016,466,50015,987,00014,272,0001,475,000523,602782,000644,000312,000--
  R&D Expenses-10.3%11,471,00012,786,50013,056,00013,219,00013,707,00015,912,50017,365,00012,747,00013,927,0005,687,5897,484,0007,496,0006,934,000--
EBITDA Margin9.5%-4.66-5.15-4.81-4.70-4.85-4.52-5.52-4.61-4.73-3.79-----
Interest Expenses-12.3%1,100,0001,254,5001,500,0001,574,0001,464,0001,554,0001,436,0001,040,0001,205,0001,388,000589,000407,00081,000--
Income Taxes----------------
Earnings Before Taxes-65.2%-20,773,000-12,572,000-22,215,000-16,966,000-23,354,000-22,872,000-18,755,000-12,252,000-17,642,000-8,733,673-9,756,000-10,074,000-7,787,000--
EBT Margin9.8%-5.64-6.25-5.81-5.69-5.85-5.46-6.82-5.66-5.77-4.67-----
Net Income-65.2%-20,773,000-12,572,000-22,215,000-16,966,000-23,354,000-22,872,000-18,755,000-12,252,000-17,642,000-8,733,673-9,756,000-10,074,000-7,787,000--
Net Income Margin9.8%-5.64-6.25-5.81-5.69-5.85-5.46-6.82-5.66-5.77-4.67-3.47-3.80---
Free Cashflow-33.4%-18,632,000-13,969,000-6,316,000-19,001,000-20,352,000-17,650,000-22,055,000-27,164,000-18,557,000-7,234,158-10,485,000-10,559,000---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q42021Q32021Q22021Q12021Q12021Q12020Q42020Q1
Assets1.4%16216016516818220321322924646.0047.0034634734734750.0039.0027.00
  Current Assets2.2%11010811711813015417019221518.0018.001.002.002.00-24.000.002.00
    Cash Equivalents64.1%35.0021.0042.0022.0026.0058.0074.0018420712.0013.001651.001.00-22.00-1.00
  Net PPE0.3%45.0044.0040.0041.0043.0040.0037.0031.0024.0022.0022.00----20.00-20.00
  Goodwill-------5.005.005.005.005.00----5.00-5.00
Liabilities-7.5%47.0050.0053.0049.0052.0053.0047.0058.0082.0036.0028.0024.0029.0026.0026.004.0019.0035.00
  Current Liabilities-14.4%25.0029.0023.0021.0023.0022.0016.0013.0013.008.005.001.001.000.000.003.000.0035.00
  Long Term Debt-34.3%6.0010.0013.00--21.00------------
    LT Debt, Non Current-34.3%6.0010.0013.00--21.00------------
Shareholder's Equity5.5%116110113118129150166170164---5.005.005.00-0.00-
  Retained Earnings-5.9%-374-353-341-318-302-278-255-237-224--198-22.25-26.91-24.47-23.89-168-0.01-142
  Additional Paid-In Capital5.8%490463454437431429422407389136135-9.006.006.001330.0014.00
Accumulated Depreciation------26.00---19.0018.00----14.00-10.00
Shares Outstanding12.4%16514714013212512596.0011711418.00-23.0022.0022.00--16.00-
Float----128---138----335-----
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q42021Q32021Q22021Q12021Q12020Q42020Q42020Q1
Cashflow From Operations-5.8%-13,139-12,421-4,540-18,070-15,548-14,207-13,397-19,364-15,721-6,186--8,440-8,303-5,795----
  Share Based Compensation-18.8%2,9913,6823,6693,3551,7037,16915,12111,04111,481265-518521597----
Cashflow From Investing157.9%6,220-10,75114,28912,221-14,986-544-95,844-7,800-2,836-1,047--2,045-2,256-1,488----
Cashflow From Financing670.2%20,7102,68910,2551,440-1,154-1,635-6774,321213,4455,836-1398,09112,026----
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RGTI Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS  
Revenue$ 3,052$ 2,201
Cost of revenue1,552510
Total gross profit1,5001,691
Operating expenses:  
Research and development11,47113,707
Selling, general and administrative6,6149,013
Restructuring0991
Total operating expenses18,08523,711
Loss from operations(16,585)(22,020)
Other (expense) income, net  
Interest expense(1,107)(1,464)
Interest income1,1231,284
Change in fair value of derivative warrant liabilities(2,583)(873)
Change in fair value of earn-out liabilities(1,621)(281)
Total other (expense) income, net(4,188)(1,334)
Net loss before provision for income taxes(20,773)(23,354)
Provision for income taxes00
Net loss$ (20,773)$ (23,354)
Net loss per share attributable to common stockholders-basic (in $ per share)$ (0.14)$ (0.19)
Net loss per share attributable to common stockholders-diluted (in $ per share)$ (0.14)$ (0.19)
Weighted average shares used in computing net loss per share attributable to common stockholders - basic (in shares)151,855124,778
Weighted average shares used in computing net loss per share attributable to common stockholders - diluted (in shares)151,855124,778

RGTI Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 35,098$ 21,392
Available-for-sale investments67,66178,537
Accounts receivable4,7065,029
Prepaid expenses and other current assets2,5792,709
Total current assets110,044107,667
Property and equipment, net44,61044,483
Operating lease right-of-use assets7,2437,634
Other assets218129
Total assets162,115159,913
Current liabilities:  
Accounts payable3,8225,772
Accrued expenses and other current liabilities5,8928,563
Deferred revenue129343
Current portion of debt12,81412,164
Current portion of operating lease liabilities2,2192,210
Total current liabilities24,87629,052
Debt, less current portion6,4969,894
Operating lease liabilities, less current portion5,8806,297
Derivative warrant liabilities5,5102,927
Earn-out liabilities3,7762,155
Total liabilities46,53850,325
Commitments and contingencies (Note 17)
Stockholders' equity:  
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized, none outstanding00
Common stock, par value $0.0001 per share, 1,000,000,000 shares authorized, 165,310,938 shares issued and outstanding at March 31, 2024 and 147,066,336 shares issued and outstanding at December 31, 20231614
Additional paid-in capital489,955463,089
Accumulated other comprehensive income138244
Accumulated deficit(374,532)(353,759)
Total stockholders' equity115,577109,588
Total liabilities and stockholders' equity$ 162,115$ 159,913
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
 WEBSITErigetti.com
 INDUSTRYComputer Hardware
 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 Fri Jun 14 2024, market cap of Rigetti Computing, Inc. is 170.2 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 Fri Jun 14 2024, RGTI's PE ratio (Price to Earnings) is -2.35 and Price to Sales (PS) ratio is 13.24. 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.