Rigetti Computing Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 75 out of 104 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 37.17.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Rigetti Computing Inc's Score
Industry at a Glance
Industry Ranking
75 / 104
Overall Ranking
276 / 4544
Industry
Semiconductors & Semiconductor Equipment
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Rigetti Computing Inc Highlights
StrengthsRisks
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s 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. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
Growing
The company is in a growing phase, with the latest annual income totaling USD 10.79M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 10.79M.
Overvalued
The company’s latest PB is 22.20, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 164.00M shares, decreasing 2.55% quarter-over-quarter.
Rigetti Computing, Inc. is a full-stack quantum computing company. The Company operates quantum computers over the cloud and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s 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. It is also engaged in the sale of quantum processing units (QPUs) and custom computing components, and development contracts and other services. Its QPUs contain fabricated silicon-based chips featuring superconducting qubits. The Company designs and manufactures its chips in-house at Fab-1, an integrated quantum device manufacturing facility.
Ticker SymbolRGTI
CompanyRigetti Computing Inc
CEOKulkarni (Subodh K)
Websitehttps://www.rigetti.com/
FAQs
What is the current price of Rigetti Computing Inc (RGTI)?
The current price of Rigetti Computing Inc (RGTI) is 25.210.
What is the symbol of Rigetti Computing Inc?
The ticker symbol of Rigetti Computing Inc is RGTI.
What is the 52-week high of Rigetti Computing Inc?
The 52-week high of Rigetti Computing Inc is 58.150.
What is the 52-week low of Rigetti Computing Inc?
The 52-week low of Rigetti Computing Inc is 5.950.
What is the market capitalization of Rigetti Computing Inc?
The market capitalization of Rigetti Computing Inc is 8.20B.
What is the net income of Rigetti Computing Inc?
The net income of Rigetti Computing Inc is -200.99M.
Is Rigetti Computing Inc (RGTI) currently rated as Buy, Hold, or Sell?
According to analysts, Rigetti Computing Inc (RGTI) has an overall rating of Buy, with a price target of 37.167.
What is the Earnings Per Share (EPS TTM) of Rigetti Computing Inc (RGTI)?
The Earnings Per Share (EPS TTM) of Rigetti Computing Inc (RGTI) is -1.461.