Rigetti Computing, Inc.
General ticker "RGTI" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $4.1B (TTM average)
Rigetti Computing, Inc. follows the US Stock Market performance with the rate: 50.2%.
Estimated limits based on current volatility of 5.9%: low 24.61$, high 27.70$
Factors to consider:
- Total employees count: 140 (+4.5%) as of 2024
- Top business risk factors: Financing risks, R&D delays, Strategic risks and growth management, Regulatory and compliance, Geopolitical risks
- Current price 146.7% above estimated high
- Earnings for 9 months up through Q3 exceed 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [3.98$, 12.19$]
- 2025-12-31 to 2026-12-31 estimated range: [2.42$, 7.28$]
Financial Metrics affecting the RGTI estimates:
- Negative: with PPE of -34.4 at the end of fiscal year the price was high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -2.15 <= 0.33
- Negative: negative Industry operating cash flow (median)
- Negative: negative Net income
- Negative: Investing cash flow per share per price, % of -3.33 <= -0.66
- Negative: negative Industry operating income (median)
- Negative: Inventory ratio change, % of 1.74 > 0.84
Short-term RGTI quotes
Long-term RGTI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $13.10MM | $12.01MM | $10.79MM |
| Operating Expenses | $122.18MM | $84.30MM | $79.30MM |
| Operating Income | $-109.08MM | $-72.30MM | $-68.51MM |
| Non-Operating Income | $37.56MM | $-2.81MM | $-132.48MM |
| Interest Expense | $5.29MM | $5.78MM | $3.25MM |
| R&D Expense | $59.95MM | $52.77MM | $49.75MM |
| Income(Loss) | $-71.52MM | $-75.11MM | $-200.99MM |
| Profit(Loss)* | $-71.52MM | $-75.11MM | $-200.99MM |
| Stockholders Equity | $150.22MM | $109.59MM | $126.59MM |
| Inventory | $2.97MM | $0.00MM | $0.00MM |
| Assets | $203.44MM | $159.91MM | $284.79MM |
| Operating Cash Flow | $-62.69MM | $-50.58MM | $-50.63MM |
| Capital expenditure | $22.74MM | $9.06MM | $11.10MM |
| Investing Cash Flow | $-107.02MM | $0.77MM | $-78.36MM |
| Financing Cash Flow | $215.45MM | $13.23MM | $175.46MM |
| Earnings Per Share** | $-0.70 | $-0.57 | $-1.09 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.