Rigetti Computing, Inc. Common Stock/$RGTI

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About Rigetti Computing, Inc. Common Stock

Rigetti Computing Inc is engaged in the business of full-stack quantum computing. The company offers full-stack quantum computing platform as a cloud service to a wide range of end-users, directly through its Rigetti QCS platform, and also through cloud service providers. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, the company derives the majority of its revenue from the United States.

Ticker

$RGTI
Primary listing

Industry

Semiconductors & Semiconductor Equipment

Employees

139

ISIN

US76655K1034

RGTI Metrics

BasicAdvanced
$3.6B
-
-$0.65
1.42
-

What the Analysts think about RGTI

Analyst ratings (Buy, Hold, Sell) for Rigetti Computing, Inc. Common Stock stock.

Bulls say / Bears say

Rigetti Computing has entered into a strategic collaboration with Quanta Computer, with both companies committing over $100 million each over the next five years to advance superconducting quantum computing technologies. (Rigetti Computing)
The company launched its 84-qubit Ankaa-3 system, achieving a 99.5% median two-qubit gate fidelity, marking a significant technological advancement in quantum computing. (Rigetti Computing)
Rigetti secured a $5.48 million award from the Air Force Office of Scientific Research to develop a novel chip fabrication process, enhancing its position in quantum hardware innovation. (Rigetti Computing)
Despite technological advancements, Rigetti reported a net loss of $153 million in Q4 2024, indicating ongoing financial challenges. (Rigetti Computing)
The company's operating expenses for Q4 2024 were $19.5 million, significantly outpacing its revenue of $2.3 million, raising concerns about its path to profitability. (Rigetti Computing)
Rigetti's reliance on stock offerings for financial stability, including raising $153.3 million through share sales, could lead to shareholder dilution. (Rigetti Computing)
Data summarised monthly by Lightyear AI. Last updated on 9 Jun 2025.

RGTI Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

RGTI Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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