Rigetti(RGTI)

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Rigetti Computing, Inc. (RGTI) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-03-17 23:05
The most recent trading session ended with Rigetti Computing, Inc. (RGTI) standing at $11.16, reflecting a -0.53% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 0.85%, and the technology-dominated Nasdaq saw an increase of 0.31%.Coming into today, shares of the company had lost 5% in the past month. In that same time, the Computer and Technology sector lost 11.22%, while the S&P 500 lost 7.69%.Market participan ...
Every Rigetti Computing Investor Should Keep an Eye on This Number
The Motley Fool· 2025-03-14 18:10
Rigetti Computing (RGTI 22.63%) captured Wall Street's attention by advancing the rapidly evolving field of quantum computing.Its shares skyrocketed an astonishing 1,140% over the past six months. However, uncertainty and questions regarding its financial outlook created volatility, and the stock is down about 47% from its 52-week high. Clues to the next direction for this stock lie in one metric investors should keep an eye on.A long development road ahead for RigettiRecent breakthroughs have paved the way ...
Deep Analysis Shows Rigetti's High-Risk Growth Horizon (Rating Upgrade)
Seeking Alpha· 2025-03-14 14:38
Since my last analysis of Rigetti Computing, Inc. (NASDAQ: RGTI ) during the quantum bubble burst of January 2024, the stock has lost nearly 10% in price, with heavy volatility in the process. I was bearish during that thesis, and began writingOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate resilient management and lasting ...
Rigetti Computing Up 14% Post Q4 Earnings: Is the Stock a Buy?
ZACKS· 2025-03-10 17:45
Core Insights - Rigetti Computing (RGTI) shares have appreciated 14.3% since the fourth-quarter 2024 results were reported on March 5, despite a revenue decline of 32.6% year over year to $2.3 million, missing the Zacks Consensus Estimate by 5.25% [1][2][3] Company Performance - The decline in revenues is attributed to macroeconomic uncertainties and intense competition in the quantum computing market [1] - RGTI launched the Ankaa-3, an 84-qubit quantum system, achieving significant performance milestones, including a 99.0% median fidelity in two-qubit gate fidelity [3] - The company successfully sold its Novera QPU to Montana State University and the UK government, enhancing its global market presence [5] Strategic Collaborations - RGTI's collaboration with Quantum Elements and Qruise led to the automation of quantum processing unit calibration using AI, showcasing the potential of AI in quantum computing [4] - A strategic collaboration with Quanta Computer was announced, with both companies committing over $100 million each over five years to advance superconducting quantum computing [7] - Quanta will also invest $35 million in RGTI through a share purchase, pending regulatory approval [8] Market Outlook - The global quantum computing market is projected to grow at a CAGR of 20.5% from 2025 to 2030, indicating a favorable environment for RGTI [6] - The Zacks Consensus Estimate for 2025 revenues is pegged at $14.50 million, reflecting a year-over-year increase of 34.38% [9] Stock Performance - RGTI shares have outperformed the Zacks Computer & Technology sector and its industry peers year-to-date, with a 9.6% increase over the trailing three-month period [11][14] - Despite a high forward Price/Sales ratio of 95.3X compared to the sector's 5.97X, RGTI is viewed as a compelling investment opportunity due to its growth potential [15] Investment Rating - RGTI currently holds a Zacks Rank 2 (Buy) and a Growth Score of B, indicating a strong investment opportunity [16]
Rigetti Computing: Financial Situation Vastly Improved
Seeking Alpha· 2025-03-09 14:33
Group 1 - Rigetti Computing, Inc. (NASDAQ: RGTI) recently released its full-year 2024 results, indicating a focus on long-term growth potential despite previous cautions regarding capitalization and market conditions [1] - The company has shifted its investment approach to a simplified "Buy or Don't Buy" strategy, moving away from issuing Sell ratings and focusing on valuations rather than short-term price predictions [1] - The analyst emphasizes a cautious perspective when evaluating companies, reflecting a commitment to understanding business fundamentals and seeking attractive share prices [1] Group 2 - The article does not provide any specific financial metrics or performance data related to Rigetti Computing's results for 2024 [1]
Rigetti(RGTI) - 2024 Q4 - Annual Report
2025-03-07 21:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40140 Washington, D.C. 20549 RIGETTI COMPUTING, INC. FORM 10-K (Exact name of Registrant as specified in its Charter) (Mark One) (State or other jurisdiction of incorporation or organization) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal ...
Rigetti Computing: Why The Stock Is Dropping Despite A Strong Earnings Call
Seeking Alpha· 2025-03-06 14:31
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Rigetti Computing Earnings: Hard Pass From Me
Seeking Alpha· 2025-03-06 10:37
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
Rigetti(RGTI) - 2024 Q4 - Earnings Call Transcript
2025-03-06 01:52
Rigetti Computing, Inc. (NASDAQ:RGTI) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeffrey Bertelsen - Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Shadi Mitwalli - Needham & Company Steven Silverman - TD Cowen Richard Shannon - Craig-Hallum Brian Kinstlinger - Alliance Global Partners David Williams - The Benchmark Company Operator Thank you for standing by, and welcome to Rigetti's Four ...
Rigetti Computing, Inc. (RGTI) Reports Q4 Loss, Misses Revenue Estimates
ZACKS· 2025-03-05 23:16
Rigetti Computing, Inc. (RGTI) came out with a quarterly loss of $0.08 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.08, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Rigetti Computing, which belongs to the Zac ...