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As of close of business last night, Rigetti Computing Inc’s stock clocked out at $12.05, up 1.69% from its previous closing price of $11.85. In other words, the price has increased by $1.69 from its previous closing price. On the day, 60.26 million shares were traded.
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 May 19 ’25 when Bertelsen Jeffrey A. bought 218,750 shares for $11.85 per share.
Rivas David bought 275,000 shares of RGTI for $2,406,250 on Mar 14 ’25. On Mar 14 ’25, another insider, Rivas David, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 275,000 shares for $9.12 each. As a result, the insider received 2,508,632 and left with 819,738 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 379.85 while its Price-to-Book (P/B) ratio in mrq is 16.70.
Stock Price History:
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 29.06%, while the 200-Day Moving Average is calculated to be 91.50%.
Shares Statistics:
A total of 286.97M shares are outstanding, with a floating share count of 273.52M. Insiders hold about 5.79% of the company’s shares, while institutions hold 31.15% stake in the company.
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
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.
