Market Momentum Report: Rigetti Computing Inc (RGTI)’s Positive Close at 48.34M

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Rigetti Computing Inc (NASDAQ: RGTI) closed at $48.34M in the last session, up 27719902% from day before closing price of $11.35. In other words, the price has increased by $27719902 from its previous closing price. On the day, 27.72 million shares were traded. RGTI stock price reached its highest trading level at $11.58 during the session, while it also had its lowest trading level at $11.01.

Ratios:

We take a closer look at RGTI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.82 and its Current Ratio is at 18.82. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on December 20, 2024, initiated with a Buy rating and assigned the stock a target price of $12.

On July 25, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $3.

On March 01, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $3.50.Alliance Global Partners initiated its Buy rating on March 01, 2024, with a $3.50 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 20 ’25 when McCarthy Cathy L bought 50,000 shares for $11.06 per share.

Fitzgerald Alissa bought 77,284 shares of RGTI for $935,136 on Jun 12 ’25. On Jun 12 ’25, another insider, Fitzgerald Alissa, who serves as the Director of the company, sold 77,284 shares for $12.71 each. As a result, the insider received 981,986 and left with 93,991 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RGTI now has a Market Capitalization of 3569648128 and an Enterprise Value of 3010252032. For the stock, the TTM Price-to-Sale (P/S) ratio is 351.19 while its Price-to-Book (P/B) ratio in mrq is 15.32. Its current Enterprise Value per Revenue stands at 326.846 whereas that against EBITDA is -45.193.

Stock Price History:

The Beta on a monthly basis for RGTI is 1.51, which has changed by 10.473029 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, RGTI has reached a high of $21.42, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 2.68%, while the 200-Day Moving Average is calculated to be 46.83%.

Shares Statistics:

According to the various share statistics, RGTI traded on average about 48.34M shares per day over the past 3-months and 59934090 shares per day over the past 10 days. A total of 286.97M shares are outstanding, with a floating share count of 275.83M. Insiders hold about 5.68% of the company’s shares, while institutions hold 31.06% stake in the company. Shares short for RGTI as of 1748563200 were 55284046 with a Short Ratio of 1.14, compared to 1745971200 on 65981317. Therefore, it implies a Short% of Shares Outstanding of 55284046 and a Short% of Float of 19.0.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The current rating of Rigetti Computing Inc (RGTI) is the result of assessments by 2.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.15 and -$0.19 for the fiscal current year, implying an average EPS of -$0.17. EPS for the following year is -$0.14, with 2.0 analysts recommending between -$0.11 and -$0.17.

Revenue Estimates

According to 6 analysts, the current quarter’s revenue is expected to be $1.89M. It ranges from a high estimate of $2.5M to a low estimate of $1.5M. As of the current estimate, Rigetti Computing Inc’s year-ago sales were $3.09MFor the next quarter, 6 analysts are estimating revenue of $2.48M. There is a high estimate of $3.5M for the next quarter, whereas the lowest estimate is $1.8M.

A total of 6 analysts have provided revenue estimates for RGTI’s current fiscal year. The highest revenue estimate was $10.98M, while the lowest revenue estimate was $6.8M, resulting in an average revenue estimate of $8.83M. In the same quarter a year ago, actual revenue was $10.79MBased on 6 analysts’ estimates, the company’s revenue will be $23.03M in the next fiscal year. The high estimate is $31.42M and the low estimate is $15M.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.