Market Insights: Rigetti Computing Inc (RGTI)’s Notable Drop of -4.47, Closing at 11.33

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As of close of business last night, Rigetti Computing Inc’s stock clocked out at $11.33, down -4.47% from its previous closing price of $11.86. In other words, the price has decreased by -$4.47 from its previous closing price. On the day, 28.03 million shares were traded. RGTI stock price reached its highest trading level at $11.74 during the session, while it also had its lowest trading level at $11.235.

Ratios:

To gain a deeper understanding of RGTI’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 30 ’25 when McCarthy Cathy L bought 25,000 shares for $12.00 per share.

McCarthy Cathy L bought 50,000 shares of RGTI for $523,000 on Jun 23 ’25. On Jun 20 ’25, another insider, McCarthy Cathy L, who serves as the Former Director of the company, bought 50,000 shares for $11.06 each.

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 3656791296 and an Enterprise Value of 3242510336. For the stock, the TTM Price-to-Sale (P/S) ratio is 359.76 while its Price-to-Book (P/B) ratio in mrq is 15.70. Its current Enterprise Value per Revenue stands at 352.064 whereas that against EBITDA is -48.68.

Stock Price History:

The Beta on a monthly basis for RGTI is 1.44, which has changed by 10.802083 over the last 52 weeks, in comparison to a change of 0.11937654 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 2.01%, while the 200-Day Moving Average is calculated to be 43.44%.

Shares Statistics:

It appears that RGTI traded 48.03M shares on average per day over the past three months and 34092830 shares per day over the past ten 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 31.07% stake in the company. Shares short for RGTI as of 1749772800 were 55050223 with a Short Ratio of 1.15, compared to 1747267200 on 54476636. Therefore, it implies a Short% of Shares Outstanding of 55050223 and a Short% of Float of 17.14.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The stock of Rigetti Computing Inc (RGTI) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.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

In the current quarter, 6 analysts expect revenue to total $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.

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