Rigetti Computing Inc
General ticker "RGTI" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $1.0B
Rigetti Computing Inc follows the US Stock Market performance with the rate: 24.6%.
Estimated limits based on current volatility of 15.1%: low 8.75$, high 11.86$
Factors to consider:
- Current price 470.9% above estimated high
- Earnings for 6 months up through Q2 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.53$, 1.92$]
- 2024-12-30 to 2025-12-30 estimated range: [0.63$, 2.13$]
Financial Metrics affecting the RGTI estimates:
- Negative: Non-GAAP EPS, $ of -0.54 <= 0.10
- Negative: Operating profit margin, % of -85.76 <= 1.03
- Negative: negative Net income
- Positive: Interest expense per share, $ of 0.04 <= 0.14
- Negative: Operating cash flow per share per price, % of -26.66 <= 2.35
- Negative: Industry inventory ratio change (median), % of 1.53 > 0.49
Short-term RGTI quotes
Long-term RGTI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $13.10MM | $12.01MM |
| Operating Expenses | $4.90MM | $116.81MM | $84.30MM |
| Operating Income | $-4.90MM | $-103.70MM | $-72.30MM |
| Non-Operating Income | $-18.27MM | $32.18MM | $-2.81MM |
| Interest Expense | $2.46MM | $5.29MM | $5.78MM |
| R&D Expense | $26.93MM | $59.95MM | $52.77MM |
| Income(Loss) | $-23.17MM | $-71.52MM | $-75.11MM |
| Taxes | $0.00MM | $-35.03MM | $0.00MM |
| Profit(Loss) | $-23.17MM | $-36.49MM | $-75.11MM |
| Stockholders Equity | $-46.48MM | $150.22MM | $109.59MM |
| Inventory | $4.56MM | $2.97MM | $0.00MM |
| Assets | $345.82MM | $203.44MM | $159.91MM |
| Operating Cash Flow | $-29.04MM | $-62.69MM | $-50.58MM |
| Capital expenditure | $7.01MM | $22.74MM | $9.06MM |
| Investing Cash Flow | $-7.01MM | $-107.02MM | $0.77MM |
| Financing Cash Flow | $25.58MM | $215.45MM | $13.23MM |
| Earnings Per Share* | $-2.10 | $-0.36 | $-0.57 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.