NASDAQ:RGTI Rigetti Computing (RGTI) Stock Price, News & Analysis $1.07 +0.03 (+2.88%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$1.01▼$1.0750-Day Range$0.88▼$1.2852-Week Range$0.88▼$3.43Volume3.07 million shsAverage Volume5.72 million shsMarket Capitalization$183.95 millionP/E RatioN/ADividend YieldN/APrice Target$3.13 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Rigetti Computing alerts: Email Address Rigetti Computing MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside192.1% Upside$3.13 Price TargetShort InterestBearish20.19% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 5 Articles This WeekInsider TradingSelling Shares$51,838 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.26) to ($0.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.48 out of 5 starsComputer And Technology Sector508th out of 612 stocksHolding & Other Investment Offices Industry11th out of 16 stocks 3.5 Analyst's Opinion Consensus RatingRigetti Computing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageRigetti Computing has only been the subject of 3 research reports in the past 90 days.Read more about Rigetti Computing's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted20.19% of the float of Rigetti Computing has been sold short.Short Interest Ratio / Days to CoverRigetti Computing has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Rigetti Computing has recently increased by 33.79%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRigetti Computing does not currently pay a dividend.Dividend GrowthRigetti Computing does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RGTI. Previous Next 2.6 News and Social Media Coverage News SentimentRigetti Computing has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Rigetti Computing this week, compared to 2 articles on an average week.Search InterestOnly 26 people have searched for RGTI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows5 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rigetti Computing insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $51,838.00 in company stock.Percentage Held by InsidersOnly 2.60% of the stock of Rigetti Computing is held by insiders.Percentage Held by InstitutionsOnly 35.38% of the stock of Rigetti Computing is held by institutions.Read more about Rigetti Computing's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Rigetti Computing are expected to grow in the coming year, from ($0.26) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rigetti Computing is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rigetti Computing is -2.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRigetti Computing has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Rigetti Computing's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWe’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! And how YOU can prepare for the next 2024 BOOM here! About Rigetti Computing Stock (NASDAQ:RGTI)Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.Read More RGTI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RGTI Stock News HeadlinesJuly 18, 2024 | insidertrades.comRigetti Computing, Inc. (NASDAQ:RGTI) Director Alissa Fitzgerald Sells 20,000 SharesJune 26, 2024 | insidertrades.comInsider Selling: Rigetti Computing, Inc. (NASDAQ:RGTI) Director Sells 20,000 Shares of StockJuly 26, 2024 | DTI (Ad)We’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! July 26 at 7:29 AM | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Now Covered by Analysts at B. RileyJuly 22, 2024 | msn.comRigetti Computing, Inc. (RGTI) Gains But Lags Market: What You Should KnowJuly 17, 2024 | investorplace.com7 Quantum Computing Stocks That Could Be Multibaggers in the Making: July EditionJuly 16, 2024 | investorplace.com3 Quantum AI Stocks That Could Redefine ComputingJuly 11, 2024 | investorplace.comThe 3 Smartest Quantum Computing Stocks to Buy With $5K Right NowJuly 26, 2024 | DTI (Ad)We’re in a code red crisis and 99% of Americans are clueless Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES! July 8, 2024 | globenewswire.comRigetti to Present Keynote at SEMICON West 2024July 4, 2024 | investorplace.com3 Quantum Computing Stocks With Strong Buy Ratings: Summer 2024July 2, 2024 | investorplace.comThe 3 Best Quantum Computing Stocks to Buy in July 2024July 2, 2024 | investorplace.com3 Quantum Computing Stocks to Sell in July Before They Crash & BurnJune 24, 2024 | investorplace.com3 Quantum Computing Stocks to Buy Now: June 2024June 13, 2024 | investorplace.comUnlock Generous Growth With These 3 Top Quantum Computing StocksJune 12, 2024 | investorplace.com3 Crazy Good Stocks to Buy With $500 Right NowMay 29, 2024 | investorplace.com7 Stocks You Haven't Heard of (That EVERYONE Should Own)May 29, 2024 | globenewswire.comRigetti Computing Set to Join Russell 3000® IndexSee More Headlines Receive RGTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rigetti Computing and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today7/26/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Holding & other investment offices Sub-IndustryTrading Current SymbolNASDAQ:RGTI CUSIPN/A CIK1838359 Webwww.offerpad.com Phone510-210-5550FaxN/AEmployees160Year FoundedN/APrice Target and Rating Average Stock Price Target$3.13 High Stock Price Target$3.50 Low Stock Price Target$3.00 Potential Upside/Downside+206.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-75,110,000.00 Net Margins-563.97% Pretax Margin-563.97% Return on Equity-59.05% Return on Assets-41.14% Debt Debt-to-Equity Ratio0.06 Current Ratio4.42 Quick Ratio4.42 Sales & Book Value Annual Sales$12.01 million Price / Sales14.60 Cash FlowN/A Price / Cash FlowN/A Book Value$0.75 per share Price / Book1.36Miscellaneous Outstanding Shares171,920,000Free Float167,449,000Market Cap$175.36 million OptionableOptionable Beta2.32 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. Subodh K. Kulkarni Ph.D. (Age 59)CEO, President & Director Comp: $1.02MMr. David Rivas (Age 62)Chief Technology Officer Comp: $428.74kMr. Richard Danis (Age 54)General Counsel & Corporate Secretary Comp: $471.38kMr. Jeffrey A. Bertelsen (Age 61)Chief Financial Officer Ms. Jackie KaweckSenior Vice President of Human ResourcesMr. Mike PelstringSenior Vice President of EngineeringDr. Andrew BestwickSenior Vice President of Quantum SystemsMore ExecutivesKey CompetitorsWaldencastNASDAQ:WALDArtisan AcquisitionNASDAQ:ARTAPost Holdings PartneringNYSE:PSPCCatalyst Partners AcquisitionNASDAQ:CPARTrinity CapitalNASDAQ:TRINView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 400,143 shares on 7/26/2024Ownership: 0.239%Comprehensive Financial Consultants Institutional Inc.Bought 25,000 shares on 7/17/2024Ownership: 0.015%Alissa FitzgeraldSold 20,000 sharesTotal: $21,800.00 ($1.09/share)SG Americas Securities LLCBought 23,676 shares on 7/12/2024Ownership: 0.014%Alissa FitzgeraldSold 20,000 sharesTotal: $19,000.00 ($0.95/share)View All Insider TransactionsView All Institutional Transactions RGTI Stock Analysis - Frequently Asked Questions How have RGTI shares performed this year? Rigetti Computing's stock was trading at $0.9849 at the start of the year. Since then, RGTI shares have increased by 8.6% and is now trading at $1.07. View the best growth stocks for 2024 here. How were Rigetti Computing's earnings last quarter? Rigetti Computing, Inc. (NASDAQ:RGTI) posted its quarterly earnings data on Thursday, May, 9th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by $0.06. The firm earned $3.05 million during the quarter. Rigetti Computing had a negative net margin of 563.97% and a negative trailing twelve-month return on equity of 59.05%. Who are Rigetti Computing's major shareholders? Top institutional shareholders of Rigetti Computing include Bank of New York Mellon Corp (0.24%), Comprehensive Financial Consultants Institutional Inc. (0.01%) and SG Americas Securities LLC (0.01%). Insiders that own company stock include Chad Rigetti, David Rivas, Richard Danis, Mike Harburn and Alissa Fitzgerald. View institutional ownership trends. How do I buy shares of Rigetti Computing? Shares of RGTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RGTI) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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