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NASDAQ: RGTI
Rigetti Computing Inc Stock

$1.15-0.04 (-3.36%)
Updated Apr 24, 2024
RGTI Price
$1.15
Fair Value Price
N/A
Market Cap
$182.71M
52 Week Low
$0.36
52 Week High
$3.43
P/E
-2.02x
P/B
1.67x
P/S
10.83x
PEG
N/A
Dividend Yield
N/A
Revenue
$12.01M
Earnings
-$75.11M
Gross Margin
76.7%
Operating Margin
-577.35%
Profit Margin
-625.5%
Debt to Equity
0.46
Operating Cash Flow
-$51M
Beta
1.71
Next Earnings
May 9, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RGTI Overview

Rigetti Computing Inc. is an integrated systems company that serves enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company's proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for practical quantum computing. Rigetti Computing was founded in 2013 and is headquartered in Berkeley, CA.

Zen Score

–
Industry Average (29)
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Due Diligence Checks

RGTI is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RGTI is good value based on its book value relative to its share price (1.67x), compared to the US Computer Hardware industry average (13.22x)
P/B vs Industry Valuation
RGTI is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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RGTI News

Valuation

RGTI fair value

Fair Value of RGTI stock based on Discounted Cash Flow (DCF)
Price
$1.15
Fair Value
$1.30
Undervalued by
11.49%
RGTI is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RGTI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.02x
Industry
37.64x
Market
41.27x

RGTI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.67x
Industry
13.22x
RGTI is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RGTI's financial health

Profit margin

Revenue
$3.4M
Net Income
-$12.6M
Profit Margin
-372.4%
RGTI's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
RGTI's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$159.9M
Liabilities
$50.3M
Debt to equity
0.46
RGTI's short-term assets ($107.67M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RGTI's short-term assets ($107.67M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RGTI's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
RGTI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$12.4M
Investing
-$10.8M
Financing
$2.7M
RGTI's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RGTI vs Computer Hardware Stocks

TickerMarket Cap1d %P/EP/B
RGTI$182.71M-3.36%-2.02x1.67x
MKFG$135.56M0.00%-1.28x0.84x
ALOT$135.04M+1.40%27.68x1.50x
QBTS$245.76M-1.94%-2.53x-10.04x
INVE$118.99M+1.39%-17.59x1.60x

Rigetti Computing Stock FAQ

What is Rigetti Computing's quote symbol?

(NASDAQ: RGTI) Rigetti Computing trades on the NASDAQ under the ticker symbol RGTI. Rigetti Computing stock quotes can also be displayed as NASDAQ: RGTI.

If you're new to stock investing, here's how to buy Rigetti Computing stock.

What is the 52 week high and low for Rigetti Computing (NASDAQ: RGTI)?

(NASDAQ: RGTI) Rigetti Computing's 52-week high was $3.43, and its 52-week low was $0.36. It is currently -66.47% from its 52-week high and 219.44% from its 52-week low.

How much is Rigetti Computing stock worth today?

(NASDAQ: RGTI) Rigetti Computing currently has 158,881,022 outstanding shares. With Rigetti Computing stock trading at $1.15 per share, the total value of Rigetti Computing stock (market capitalization) is $182.71M.

Rigetti Computing stock was originally listed at a price of $10.35 in Mar 2, 2021. If you had invested in Rigetti Computing stock at $10.35, your return over the last 3 years would have been -88.89%, for an annualized return of -51.93% (not including any dividends or dividend reinvestments).

How much is Rigetti Computing's stock price per share?

(NASDAQ: RGTI) Rigetti Computing stock price per share is $1.15 today (as of Apr 24, 2024).

What is Rigetti Computing's Market Cap?

(NASDAQ: RGTI) Rigetti Computing's market cap is $182.71M, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Rigetti Computing's market cap is calculated by multiplying RGTI's current stock price of $1.15 by RGTI's total outstanding shares of 158,881,022.
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