Here is What to Know Beyond Why Rigetti Computing, Inc. (RGTI) is a Trending Stock

Core Viewpoint - Rigetti Computing, Inc. (RGTI) has experienced a significant stock price increase of +91.6% over the past month, outperforming the Zacks S&P 500 composite's +1.7% and the Zacks Computer - Software industry's +0.4% [1] Earnings Estimates - Rigetti Computing is projected to report a loss of $0.08 per share for the current quarter, reflecting a year-over-year change of +38.5% [4] - The consensus earnings estimate for the current fiscal year stands at -$0.34, indicating a year-over-year change of +35.9% [4] - For the next fiscal year, the consensus estimate of -$0.26 represents a change of +23.5% from the previous year [5] Revenue Growth - The consensus sales estimate for the current quarter is $3.33 million, showing a year-over-year change of +7.1% [9] - For the current fiscal year, the sales estimate is $12.82 million, indicating a +6.8% change, while the next fiscal year's estimate of $19.09 million reflects a +48.9% change [9] Recent Performance - In the last reported quarter, Rigetti Computing generated revenues of $3.09 million, a year-over-year decline of -7.2% [10] - The EPS for the same period was -$0.07, compared to -$0.13 a year ago, with a revenue surprise of -12.58% against the Zacks Consensus Estimate [10] - Over the last four quarters, the company has only surpassed EPS estimates once and has not beaten revenue estimates in any of those quarters [11] Valuation - Rigetti Computing is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [15]