NASDAQ:RGTI Rigetti Computing (RGTI) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free RGTI Stock Alerts $1.22 -0.10 (-7.22%) (As of 03:03 PM ET) Add Compare Share Share Today's Range$1.22▼$1.3550-Day Range$1.08▼$2.2152-Week Range$0.48▼$3.43Volume3.19 million shsAverage Volume5.91 million shsMarket Capitalization$194.58 millionP/E RatioN/ADividend YieldN/APrice Target$3.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Rigetti Computing alerts: Email Address Rigetti Computing MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside158.5% Upside$3.17 Price TargetShort InterestBearish14.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.11Based on 24 Articles This WeekInsider TradingSelling Shares$138,868 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.33) to ($0.22) 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.1.31 out of 5 starsComputer And Technology Sector507th out of 599 stocksHolding & Other Investment Offices Industry14th out of 15 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 3 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 2.0 Short Interest Percentage of Shares Shorted14.87% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Rigetti Computing has recently increased by 16.20%, 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 1.1 News and Social Media Coverage News SentimentRigetti Computing has a news sentiment score of -0.11. 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 is a lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Rigetti Computing this week, compared to 2 articles on an average week.Search InterestOnly 25 people have searched for RGTI on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 63 people have added Rigetti Computing to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% 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 $138,868.00 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 ($0.33) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rigetti Computing is -2.31, 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 -2.31, 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 1.68. 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 Market Moving TrendsTop 5 AI Stocks to Buy for 20245 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In" 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 HeadlinesMay 15 at 9:04 AM | investorplace.comThe Next Big Win: 3 Penny Stocks Poised for Huge GainsMay 15 at 3:38 AM | americanbankingnews.comRigetti Computing's (RGTI) "Buy" Rating Reiterated at Needham & Company LLCMay 15 at 2:22 AM | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Given Buy Rating at BenchmarkMay 13 at 11:23 AM | markets.businessinsider.comBuy Rating Reaffirmed for Rigetti Computing Amid Technological Advances and Solid Financial PerformanceMay 13 at 11:23 AM | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Rigetti Computing (RGTI) and Everbridge (EVBG)May 12 at 1:34 AM | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) and Moolec Science (NASDAQ:MLEC) Critical AnalysisMay 11, 2024 | americanbankingnews.comRigetti Computing (NASDAQ:RGTI) Shares Down 7.8% on Disappointing EarningsMay 10, 2024 | finance.yahoo.comRigetti Computing, Inc. (NASDAQ:RGTI) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comRigetti Computing Inc (RGTI) Q1 2024 Earnings: Navigating Challenges Amidst Technological ...May 9, 2024 | globenewswire.comRigetti Computing Reports First Quarter 2024 Financial ResultsMay 9, 2024 | investorplace.com3 Russell 2000 Stocks to Sell in May Before They Crash & BurnMay 8, 2024 | investorplace.com7 Promising Penny Stocks Flashing Potential Buy SignalsMay 3, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Quantum Computing StocksApril 30, 2024 | globenewswire.comRigetti Computing to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024April 28, 2024 | stockhouse.comRigetti Computing Launches the Novera(TM) QPU Partner ProgramApril 27, 2024 | investorplace.com3 Quantum Computing Stocks That Could Be Multibaggers in the Making: April EditionApril 26, 2024 | globenewswire.comRigetti Computing Launches the Novera™ QPU Partner ProgramApril 26, 2024 | investorplace.comThe Top 3 Quantum Computing Stocks to Buy in April 2024April 23, 2024 | tmcnet.comAI Supercomputing Market Growing at +21% CAGR as Industries Evolve Data AnalysisApril 23, 2024 | globenewswire.comRigetti Computing Delivers Novera™ QPU to Horizon Quantum Computing for Singapore-Based Hardware TestbedApril 16, 2024 | globenewswire.comRigetti and Oxford Instruments Announce Successful Completion of Innovate UK Project to Launch One of the First UK-Based Quantum ComputersApril 15, 2024 | investorplace.com3 Stocks to Buy for 100X Gains Before the Next Tech Hype CycleApril 7, 2024 | investorplace.com7 Penny Stocks That Deserve a Closer Look in Q2April 5, 2024 | investorplace.comThe 3 Most Undervalued Quantum Computing Stocks to Buy in April 2024March 28, 2024 | msn.comAltrius Global Dividend ETF declares monthly distribution of $0.1281See 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 Earnings5/09/2024Today5/15/2024Next 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-IndustryN/A Current SymbolNASDAQ:RGTI CUSIPN/A CIK1838359 Webwww.offerpad.com Phone510-210-5550FaxN/AEmployees134Year FoundedN/APrice Target and Rating Average Stock Price Target$3.17 High Stock Price Target$3.50 Low Stock Price Target$3.00 Potential Upside/Downside+139.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 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 / Sales17.46 Cash FlowN/A Price / Cash FlowN/A Book Value$0.73 per share Price / Book1.81Miscellaneous Outstanding Shares158,880,000Free Float154,750,000Market Cap$209.72 million OptionableOptionable Beta2.45 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. 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: $16.62kMr. Richard Danis (Age 54)General Counsel & Corporate Secretary Comp: $856.62kMr. Jeffrey A. Bertelsen (Age 61)Chief Financial Officer Mr. David Rivas (Age 62)Chief Technology Officer Ms. Jackie KaweckSenior Vice President of Human ResourcesMr. Mike PelstringSenior Vice President of EngineeringDr. Andrew BestwickSenior Vice President of Quantum SystemsMore ExecutivesKey CompetitorsCerenceNASDAQ:CRNCRimini StreetNASDAQ:RMNISify TechnologiesNASDAQ:SIFYCanaanNASDAQ:CANOomaNYSE:OOMAView All CompetitorsInsiders & InstitutionsDCVC Opportunity Fund II GP LLCSold 30,500 shares on 5/15/2024Ownership: 1.006%PEAK6 Investments LLCBought 26,044 shares on 5/15/2024Ownership: 0.016%David RivasSold 4,433 sharesTotal: $5,940.22 ($1.34/share)Richard DanisSold 3,804 sharesTotal: $5,097.36 ($1.34/share)Vanguard Group Inc.Bought 753,110 shares on 5/10/2024Ownership: 3.264%View All Insider TransactionsView All Institutional Transactions RGTI Stock Analysis - Frequently Asked Questions Should I buy or sell Rigetti Computing stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rigetti Computing in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RGTI shares. View RGTI analyst ratings or view top-rated stocks. What is Rigetti Computing's stock price target for 2024? 3 brokerages have issued 1 year target prices for Rigetti Computing's shares. Their RGTI share price targets range from $3.00 to $3.50. On average, they predict the company's stock price to reach $3.17 in the next year. This suggests a possible upside of 158.5% from the stock's current price. View analysts price targets for RGTI or view top-rated stocks among Wall Street analysts. How have RGTI shares performed in 2024? Rigetti Computing's stock was trading at $0.9849 at the beginning of the year. Since then, RGTI stock has increased by 24.4% and is now trading at $1.2250. View the best growth stocks for 2024 here. When is Rigetti Computing's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our RGTI earnings forecast. How were Rigetti Computing's earnings last quarter? Rigetti Computing, Inc. (NASDAQ:RGTI) issued its earnings results on Thursday, May, 9th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.06. The business earned $3.05 million during the quarter. Rigetti Computing had a negative trailing twelve-month return on equity of 59.05% and a negative net margin of 563.97%. During the same quarter in the previous year, the business earned ($0.19) EPS. What ETF holds Rigetti Computing's stock? Defiance Quantum ETF holds 2,972,258 shares of RGTI stock, representing 1.53% of its portfolio. Who are Rigetti Computing's major shareholders? Rigetti Computing's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.26%), DCVC Opportunity Fund II GP LLC (1.01%) and PEAK6 Investments LLC (0.02%). Insiders that own company stock include Alissa Fitzgerald, Brian J Sereda, Chad Rigetti, David Rivas, Mike Harburn and Richard Danis. 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 5/15/2024 by MarketBeat.com Staff From Our PartnersBill Clinton Backing Biden Replacement???The Freeport Societyis this a buy and hold stock?Tips4TradersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaTrump Reveals Conspiracy Behind Fed-Controlled Digital Currency.Monetary GoldTop 5 Tech Stocks to Buy for 2024Daily Market AlertsTop 5 AI Stocks to Buy for 2024Market Moving TrendsWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks News[URGENT] DO NOT Touch These AI Stocks!Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rigetti Computing, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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