Financhill
Buy
61

RGTI Quote, Financials, Valuation and Earnings

Last price:
$11.13
Seasonality move :
3.86%
Day range:
$6.93 - $10.08
52-week range:
$0.66 - $12.75
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
129.19x
P/B ratio:
14.74x
Volume:
213.8M
Avg. volume:
115.2M
1-year change:
823.28%
Market cap:
$1.8B
Revenue:
$12M
EPS (TTM):
-$0.38

Analysts' Opinion

  • Consensus Rating
    Rigetti Computing has received a consensus rating of Buy. The company's average rating is a Buy based on 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Downside
    According to analysts' consensus price target of $3.50, Rigetti Computing has an estimated downside of -62.84% from its current price of $9.42.
  • Price Target Upside
    According to analysts, the highest upside price target is $5.50 representing -41.6% upside increase from its current price of $9.42.

Fair Value

  • According to the consensus of 5 analysts, Rigetti Computing has -62.84% downside to fair value with a price target of $3.50 per share.

RGTI vs. S&P 500

  • Over the past 5 trading days, Rigetti Computing has overperformed the S&P 500 by 34.2% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Rigetti Computing does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Rigetti Computing revenues have been falling on a year-over-year basis for 2 quarters in a row. In the most recent quarter Rigetti Computing reported revenues of $2.4M.

Earnings Growth

  • Rigetti Computing has grown year-over-year earnings for 0 quarters straight. In the most recent quarter Rigetti Computing reported earnings per share of -$0.08.
Enterprise value:
1.7B
EV / Invested capital:
12.72x
Price / LTM sales:
129.19x
EV / EBIT:
--
EV / Revenue:
145.62x
PEG ratio (5yr expected):
--
EV / Free cash flow:
-26.29x
Price / Operating cash flow:
--
Enterprise value / EBITDA:
--
Gross Profit (TTM):
$7.2M
Return On Assets:
-37.55%
Net Income Margin (TTM):
-509.58%
Return On Equity:
-51.99%
Return On Invested Capital:
-44.65%
Operating Margin:
-729.44%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $8.5M $14.7M $11.9M $3.1M $2.4M
Gross Profit $6.1M $11.9M $7.2M $2.3M $1.2M
Operating Income -$90.6M -$75.4M -$67.2M -$16.8M -$17.3M
EBITDA -$47.3M -$70.8M -$50.3M -$18.6M -$12.3M
Diluted EPS -$0.67 -$0.68 -$0.38 -$0.17 -$0.08
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets -- -- $169.6M $116.7M $103.9M
Total Assets -- -- $212.7M $165.2M $157.3M
Current Liabilities -- -- $16.3M $23M $21.5M
Total Liabilities -- -- $46.8M $52.5M $34.4M
Total Equity -- -- $165.9M $112.7M $122.8M
Total Debt -- -- $29.8M $24.6M $13.3M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations -- -$52.4M -$54.5M -$4.5M -$15.4M
Cash From Investing -- $11M -$11.5M $14.3M $6.3M
Cash From Financing -- $8.9M $44.5M $10.3M $8.7M
Free Cash Flow -- -$63.3M -$65.9M -$6.3M -$17.7M
RGTI
Sector
Market Cap
$1.8B
$115.4M
Price % of 52-Week High
73.86%
67.8%
Dividend Yield
0%
0%
Shareholder Yield
-36.24%
1%
1-Year Price Total Return
823.28%
-6.36%
Beta (5-Year)
--
0.944
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $8.46
200-day SMA
Buy
Level $1.56
Bollinger Bands (100)
Buy
Level -0.32 - 4.06
Chaikin Money Flow
Buy
Level 130M
20-day SMA
Buy
Level $5.38
Relative Strength Index (RSI14)
Buy
Level 66.30
ADX Line
Sell
Level 13.78
Williams %R
Neutral
Level -33.3584
50-day SMA
Buy
Level $2.91
MACD (12, 26)
Buy
Level 2.00
25-day Aroon Oscillator
Buy
Level 84
On Balance Volume
Neutral
Level 1.5B

Financial Scores

Sell
Altman Z-Score (Annual)
Level (-2.1358)
Sell
CA Score (Annual)
Level (-1.1729)
Buy
Beneish M-Score (Annual)
Level (-3.2418)
Buy
Momentum Score
Level (7)
Sell
Ohlson Score
Level (3.0353)
Buy
Piotroski F Score (Annual)
Level (4)
Sell
Quality Ratio Score
Level (1)
Sell
Fundamental Score
Level (4)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Rigetti Computing Inc is engaged in the business of full-stack quantum computing. 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, it derives a majority of its revenue from the United States.

Stock Forecast FAQ

In the current month, RGTI has received 5 Buy ratings 0 Hold ratings, and 0 Sell ratings. The RGTI average analyst price target in the past 3 months is $3.50.

  • Where Will Rigetti Computing Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Rigetti Computing share price will drop to $3.50 per share over the next 12 months.

  • What Do Analysts Say About Rigetti Computing?

    Analysts are divided on their view about Rigetti Computing share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Rigetti Computing is a Sell and believe this share price will rise from its current level to $2.00.

  • What Is Rigetti Computing's Price Target?

    The price target for Rigetti Computing over the next 1-year time period is forecast to be $3.50 according to 5 Wall Street analysts, 5 of them rate the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is RGTI A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Rigetti Computing is a Buy. 5 of 5 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of RGTI?

    You can purchase shares of Rigetti Computing via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Rigetti Computing shares.

  • What Is The Rigetti Computing Share Price Today?

    Rigetti Computing was last trading at $11.13 per share. This represents the most recent stock quote for Rigetti Computing. Yesterday, Rigetti Computing closed at $9.42 per share.

  • How To Buy Rigetti Computing Stock Online?

    In order to purchase Rigetti Computing stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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