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Rigetti Computing Inc

Rigetti Computing Inc (RGTI)

13.2392
-0.7408
( -5.30% )
Updated: 04:55:00

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
13.2392
Bid
13.23
Offer
13.24
Volume
111,380,575
12.755 Day's Range 14.23
0.66 52 Week Range 21.42
Market Cap
Previous Close
13.98
Open
14.09
Last Trade
1
@
13.23
Last Trade Time
04:55:00
Financial Volume
US$ 1,472,616,824
VWAP
13.2215
Average Volume (3m)
131,266,640
Shares Outstanding
192,295,809
Dividend Yield
-
PE Ratio
-34.59
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 US$13.98. Over the last year, Rigetti Computing shares have traded in a share price range of US$ 0.66 to US$ 21.42.

Rigetti Computing currently has 192,295,809 shares in issue. The market capitalisation of Rigetti Computing is US$2.69 billion. Rigetti Computing has a price to earnings ratio (PE ratio) of -34.59.

Rigetti Computing (RGTI) Options Flow Summary

Overall Flow

Bullish

Net Premium

2M

Calls / Puts

172.34%

Buys / Sells

79.10%

OTM / ITM

82.86%

Sweeps Ratio

0.78%

RGTI Latest News

Rigetti Computing to Participate in Fireside Chat at 27th Annual Needham Growth Conference

BERKELEY, Calif., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (โ€œRigettiโ€ or the โ€œCompanyโ€), a pioneer in full-stack quantum-classical computing, announced today that...

Rigetti Computing Launches 84-Qubit Ankaaโ„ข-3 System; Achieves 99.5% Median Two-Qubit Gate Fidelity Milestone

Ankaa-3 features a broad hardware redesign enabling superior performance. Enhancements across the technology stack include a new cryogenic hardware design, an overhaul of the qubit circuit layout...

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) (โ€œRigettiโ€ or the โ€œCompanyโ€), 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) (โ€œRigettiโ€ or the โ€œCompanyโ€), 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) (โ€œRigettiโ€ or the โ€œCompanyโ€), 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) (โ€œRigettiโ€ or the โ€œCompanyโ€), 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 UKโ€™s Recently Opened National Quantum Computer Centre

The UKโ€™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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
12.879227.791505791510.3614.89.7325585835511.51792774CS
42.039218.207142857111.221.425.9521470844613.13712374CS
1211.8692866.3649635041.3721.421.061312666409.48746202CS
2612.16921137.308411211.0721.420.66602416689.15485612CS
5212.20921185.35922331.0321.420.66334557498.46613802CS
1563.489235.78666666679.7521.420.3601131187097.67742326CS
2603.489235.78666666679.7521.420.3601131187097.67742326CS

RGTI - Frequently Asked Questions (FAQ)

What is the current Rigetti Computing share price?
The current share price of Rigetti Computing is US$ 13.2392
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 2.69B
What is the 1 year trading range for Rigetti Computing share price?
Rigetti Computing has traded in the range of US$ 0.66 to US$ 21.42 during the past year
What is the PE ratio of Rigetti Computing?
The price to earnings ratio of Rigetti Computing is -34.59
What is the cash to sales ratio of Rigetti Computing?
The cash to sales ratio of Rigetti Computing is 216.51
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
Oleblue Oleblue 16 hours ago
President Trump makes announcement on AI infrastructure

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JPetroInc JPetroInc 21 hours ago
unusually quiet but all good with me

RGTI has $250-Mil COH, actual clients and nice tight float with an exceptional future in a just sector
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JPetroInc JPetroInc 21 hours ago
unusually quiet but all good with me

RGTI has $250-Mil COH and nice tight float with an exceptional future in a just sector
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Invest-in-America Invest-in-America 21 hours ago
RGTI: And down-the-toilet goes that old theory that a MONSTER FLOAT kills any stock!!! (Heck, what's the 'Market Cap." on this conspicuously BLOATED-QUANTUM-AIR-BALLOON now??? About 6-Billion DOLLARS???!!! Sounds reasonable, RIGHT???)
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wiredawg wiredawg 21 hours ago
Right!!!! Pretty quiet around here on a 40+% move up...

GLTY/A
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JPetroInc JPetroInc 1 day ago
Wowzaโ€ฆ!
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bwrbad bwrbad 2 days ago
Overall, genetic therapies need at least another 15 to 20 years to become semi-main stream and CRISPR-Cas9 another 10-15 years for fixing errors
Quantum computing to be in everyday high profile application level alone need more than gene therapy becoming main stream years, and businesswise profitability as early as 2060. so for current generation toys best bet are cpu gpu mpu xpu, AI, robot, personalized nuclear power generator. RGTIs of course will go back to $1 unless they say they are opening research facility in Saturn or the dark side of moon. what Elon think and say about this.
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GUNSMOKE GUNSMOKE 5 days ago
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GUNSMOKE GUNSMOKE 5 days ago
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nsomniyak nsomniyak 7 days ago
Calm down, sparky!

There is no point in suing him. There is no case.

He simply made a statement aligned with his own self-interest. He was not trying to deceive anyone - he doesn't need to.
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Stks_Not_Toys Stks_Not_Toys 7 days ago
Tomorrow's conference should set things buzzing or silent.
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rbl100 rbl100 7 days ago
Could be a dead cat bounce right now. I don't trust the people who hype these stocks. They can sell all at once at anytime and drop the price into the basement like it was just a couple weeks back. Fundamentals are just not there. Period. Hype is dangerous to play with....
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JPetroInc JPetroInc 1 week ago
Mui bueno amigoโ€ฆ

stunning recovery - RGTI has an exceptional future

AJMHO
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wiredawg wiredawg 1 week ago
Will be available for viewing for the next 6 months (180 days). Just in fill (company, I said "none") and it will let you view to conference.

https://wsw.com/webcast/needham143/register.aspx?conf=needham143&page=rigg&url=https://wsw.com/webcast/needham143/rigg/2240282
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tw0122 tw0122 1 week ago
Flip out $10.41 most and wait for a dip hopefully if not let remaining run
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uksausage uksausage 1 week ago
one thing Jensen has done is catapult any mention of Quantum into the limelight.
got to be good for all stocks for the next few months until the dust settles on capabilities and financial needs.

At least Microsoft has quantum business (with Azure hosting a number of systems) not sure why Zuckerberg was talking about Quantum besides Meta having no activityโ€ฆ.
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BIOCHEMUP BIOCHEMUP 1 week ago
Any thoughts on this?
https://www.barrons.com/articles/microsoft-quantum-computing-stocks-0a3085fb

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tw0122 tw0122 1 week ago
RGTI $11 up next .. quantum comments from Zuckerberg a reminder of GooG MSFT META NVDA years ago. Market looks forward not backwards 
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JPetroInc JPetroInc 1 week ago
nice day yesterday...

any idea where to get a copy or sound bite of yesterdays Fireside Chat at 27th Annual Needham Growth Conference?

OEM
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aBeezlee aBeezlee 1 week ago
This is a highly speculative field. Rigetti may not match top companies in benchmarks, but that doesn't mean they can't cut out their own piece of the pie. I have no idea when they'll be profitable or show significant revenue, but we can't pretend to know the future.

I'm going to keep it on my list and follow the story, along with the other quantum/post-quan companies.
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aBeezlee aBeezlee 1 week ago
Haha. I ended up adding to the other quantum stocks I have, and some non quantum positions. This is a sector I intend to put more money going forward despite the volatility.
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I-Glow I-Glow 1 week ago
RGTI is on the Nasdaq Capital Market - the lowest tier where you can find Mullen Automotive.

Major players like Google, IBM, and Microsoft have invested billions over decades in research and Development.
Demis Hassabis, the CEO of Google DeepMind, announced the $100 billion budget at a TED conference in Vancouver in April 2024.
Of that approximately $10 Billion is spent on Quantum Computing.

In the Last 10-Q the company stated - "With the goal of unlocking this opportunity, we have developed the worldโ€™s first multi-chip quantum processor for scalable quantum computing systems. We believe that this patented and patent pending, modular chip architecture is the building block for new generations of quantum processors that we expect to achieve a clear advantage over classical computers."

I read the patents and they don't seem to have any commercial value - also 95-97% of ALL patents fail to be licensed or commercialized.

Google's Willow is already outclassing Supercomputers -"As of November 2024, El Capitan at Lawrence Livermore National Laboratory (LLNL) is the world's fastest supercomputer.
Speed: El Capitan has a peak performance of 2.79 exaFLOPs, which is 2.79 quintillion calculations per second.

Google's quantum computer chip, Willow, is extremely fast, performing calculations in minutes that would take today's fastest supercomputers billions of years.

RGTI needs Billions in Capital to compete in the Quantum Computing sector.

There are far too many hurdles to overcome for startups to compete.
With 1,978 Quantum Computing related patents published between 2002 and 2022, International Business Machines Corp holds the most number of Quantum Computing patents in the global Technology, Media and Telecom sector.

The second largest number of Quantum Computing related patents were published by Alphabet Inc with 944 patents, of which 95.6% was contributed by its subsidiary Google LLC.
IG
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aBeezlee aBeezlee 1 week ago
It's not that I believe, it's simply what happened. Quan is a threat to these companies, since they haven't made much progress yet. I hold multiple players (LAES, DWAVE, QeM, etc). Quantum is a big part of my port along with space stocks. It's true the tech is young, but buying AFTER they mature would be insane.

This is like buying Amazon at dollars before they blew up. I'm not going to wait till 2040 to start investing in this tech. That's why I do it now.
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Moonboy1 Moonboy1 1 week ago
Howd that work out for you?
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Moonboy1 Moonboy1 1 week ago
Do you believe these liars? Follow the money. Quantum is their competition. I knew day one it was a lie and the CEO of NVDA should be sued for lying to the public to manipulate the stock prices of quantum stocks.
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wiredawg wiredawg 1 week ago
That's a bit overly optimistic, but I'll take it. But then again "before we know it" can be any amount of timeline.

GLTY/A
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luckydude777 luckydude777 1 week ago
Get 'em while they're cheap, laddies. Will be over $100 before we know it.
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JPetroInc JPetroInc 1 week ago
nice rebound action today - solidโ€ฆ!

OEM
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AlwaysOptimistic AlwaysOptimistic 1 week ago

Quantum computing stocks rebound after massive sell-off as industry exec says opportunity is 'real'

https://finance.yahoo.com/news/quantum-computing-stocks-rebound-after-massive-sell-off-as-industry-exec-says-opportunity-is-real-175835656.html

CEO Alan Baratz refuted the idea that practical uses of the technology are far out and made a dig at Nvidia.

"โ€œWe have customers that are using our quantum computers today in support of their business operations, and we have demonstrated the ability to solve important problems in the area of material simulation on our quantum computers today in minutes," he said. "That it would take well over millions of years to solve on classical computers, including massively parallel GPU systems like what Nvidia builds.โ€"
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Monksdream Monksdream 1 week ago
RGTI, finding support
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Monksdream Monksdream 1 week ago
RGTI one year chart
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AlwaysOptimistic AlwaysOptimistic 1 week ago
This is Why IonQ and Other Quantum Computing Stocks Will Recover

https://moneymorning.com/2025/01/10/this-is-why-ionq-and-other-quantum-computing-stocks-will-recover/

https://moneymorning.com/2025/01/13/rigetti-computing-stock-under-pressure-is-a-bounce-likely-at-this-support-level/

* Please do your own due diligence and make your own investment decisions.
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aBeezlee aBeezlee 1 week ago
Did you not see the news? Two prominent CEOs claim quantum won't be useful for a long time in essence. Not good to say to public.
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double_m double_m 1 week ago
Sentiment on quantum stocks is mixed across the market. This week will give a clear idea of where they are going to end up. Might be prudent to sit on the sidelines.

https://www.yahoo.com/finance/news/why-nvidias-quantum-outlook-crushed-010000773.html
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Moonboy1 Moonboy1 1 week ago
Down more than 75% from its high in a week. Crazy.
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aBeezlee aBeezlee 1 week ago
Going to sit out and see how low it goes then. Wondering why the CEO isn't speaking out...

Unfortunately people I know bought calls around $19. Not sure they can recover.
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aBeezlee aBeezlee 1 week ago
I hope you two are correct about $1 and below. Waiting for the dip.
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rbl100 rbl100 1 week ago
That's where it was before the pump. I almost fell for it, but so glad I had discipline. Man I would have been phucked.
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double_m double_m 1 week ago
Between last week and today, < $1 may not be that far a stretch. EOW should be interesting.
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aBeezlee aBeezlee 1 week ago
Under $1 would be amazing! Not sure if possible.
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rbl100 rbl100 1 week ago
Dropping way faster than I expected. Wow, that did not take long. This could hit subdollar in weeks not months.
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DL11 DL11 1 week ago
Here comes the 50 day MA test. Can't rule out test of 200 day MA of $2.38 sometime in the next 3 months.
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rbl100 rbl100 1 week ago
That's awesome. Too bad people are stuck in this. Looks to be heading back to fair value around $0.70 again.
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Dieselsmoke Dieselsmoke 2 weeks ago
Let her fly
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Stks_Not_Toys Stks_Not_Toys 2 weeks ago
I'm staying in.
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wiredawg wiredawg 2 weeks ago
Something to chew on over the weekend: Quantum Machines, Rigetti Computing, and Nvidia announced today the successful application of AI to automate the calibration of a quantum computer. With their AI-powered tools, Quantum Elements and Qruise, remotely automated the calibration of a 9-qubit Rigetti quantum processing unit (QPU) integrated with Quantum Machinesโ€™ advanced control system and Nvidia DGX Quantum. A unified system for quantum-classical computing that Nvidia built with Quantum Machines, it is hosted at the Israeli Quantum Computing Center (IQCC).

https://x.com/NVIDIADC/status/1866574377732673641
https://www.forbes.com/sites/gilpress/2024/12/10/nvidia-rigetti-quantum-machines-deliver-ai-powered-quantum-computing/
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copytele copytele 2 weeks ago
There is a few, but these will do for now;
"In times like these, it helps to remember that there has always been times like these" "Good day" -- Paul Harvey

โ€œIf you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.โ€ -- Warren Buffet GAVE YOU A "FOLLOW" , MAYBE YOU COULD DO THE SAME ?
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copytele copytele 2 weeks ago
Nice info. , thanks >>>> gave you # 87 , hit me back buddy.
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ecmoney ecmoney 2 weeks ago
Picked up a few thousand at $7.97
After hours
Hopefully I did good

Ec
👍️ 1 💯 1
aBeezlee aBeezlee 2 weeks ago
I got out earlier. Holding cash until I figure out what to do Monday.
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