Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Rigetti Computing Inc’s stock clocked out at $9.42, up 0.32% from its previous closing price of $9.39. In other words, the price has increased by $0.32 from its previous closing price. On the day, 40.91 million shares were traded. RGTI stock price reached its highest trading level at $9.74 during the session, while it also had its lowest trading level at $8.85.
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 17.42 and its Current Ratio is at 17.42. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 Mar 14 ’25 when Rivas David bought 275,000 shares for $8.75 per share.
Rivas David sold 275,000 shares of RGTI for $2,508,632 on Mar 14 ’25. The CHIEF TECHNOLOGY OFFICER now owns 819,738 shares after completing the transaction at $9.12 per share. On Mar 11 ’25, another insider, McCarthy Cathy L, who serves as the Director of the company, sold 150,000 shares for $8.00 each. As a result, the insider received 1,200,240 and left with 234,234 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 2692499712 and an Enterprise Value of 1960416384. For the stock, the TTM Price-to-Sale (P/S) ratio is 249.54 while its Price-to-Book (P/B) ratio in mrq is 21.10. Its current Enterprise Value per Revenue stands at 181.688 whereas that against EBITDA is -31.823.
Stock Price History:
The Beta on a monthly basis for RGTI is 1.38, which has changed by 6.983051 over the last 52 weeks, in comparison to a change of 0.028231144 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 -5.13%, while the 200-Day Moving Average is calculated to be 82.34%.
Shares Statistics:
It appears that RGTI traded 96.06M shares on average per day over the past three months and 39265870 shares per day over the past ten days. A total of 283.55M shares are outstanding, with a floating share count of 272.47M. Insiders hold about 4.67% of the company’s shares, while institutions hold 24.31% stake in the company. Shares short for RGTI as of 1741910400 were 68299803 with a Short Ratio of 0.71, compared to 1739491200 on 57892257. Therefore, it implies a Short% of Shares Outstanding of 68299803 and a Short% of Float of 26.08.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Investors are keenly observing as 2.0 analysts analyze and rate the current performance of Rigetti Computing Inc (RGTI) in the stock market.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.14 and -$0.16 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is -$0.13, with 2.0 analysts recommending between -$0.11 and -$0.15.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $2.55M. It ranges from a high estimate of $2.75M to a low estimate of $2.46M. As of the current estimate, Rigetti Computing Inc’s year-ago sales were $3.05MFor the next quarter, 6 analysts are estimating revenue of $2.99M. There is a high estimate of $3.4M for the next quarter, whereas the lowest estimate is $2.6M.
A total of 6 analysts have provided revenue estimates for RGTI’s current fiscal year. The highest revenue estimate was $17.05M, while the lowest revenue estimate was $11.2M, resulting in an average revenue estimate of $14M. In the same quarter a year ago, actual revenue was $10.79MBased on 6 analysts’ estimates, the company’s revenue will be $33.58M in the next fiscal year. The high estimate is $51.7M and the low estimate is $17M.
