Rigetti Computing Inc. (RGTI) is a leader in the rapidly evolving quantum computing landscape, striving to democratize access to quantum technology across diverse sectors such as finance, pharmaceuticals, and logistics. Renowned for its advanced quantum processors and robust software, the company excels at integrating quantum algorithms into existing computing frameworks, thus enhancing computational capabilities for its clients. With its innovative cloud platform, Rigetti empowers institutions to leverage quantum computing's immense potential, supported by a strong emphasis on research and development that positions it for substantial influence in the future of high-performance computing.
| Revenue (TTM) | $10.02M |
| Gross Profit (TTM) | $3.00M |
| EBITDA | $-80.02M |
| Operating Margin | -590.00% |
| Return on Equity | -57.10% |
| Return on Assets | -12.10% |
| Revenue/Share (TTM) | $0.03 |
| Book Value | $1.76 |
| Price-to-Book | 10.22 |
| Price-to-Sales (TTM) | 562.86 |
| EV/Revenue | 554.29 |
| EV/EBITDA | 1.29 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 198.90% |
| Shares Outstanding | $332.40M |
| Float | $327.66M |
| % Insiders | 1.71% |
| % Institutions | 56.29% |
Volatility is currently contracting
Rigetti Computing, Inc. (RGTI) reached $16.92 at the closing of the latest trading day, reflecting a +2.24% change compared to its last close.
QUBT could benefit as Microsoft's accelerated quantum-safe security push boosts focus on post-quantum cybersecurity, with analysts seeing 111% upside.
RGTI is widening quantum access through Cepheus-1 cloud availability, Novera QPU sales and government contracts while broadening its customer base.
Quantum computing stocks are speculative, pre-profit bets, well outside core-portfolio territory, on a technology that even NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang once suggested is likely at least 15 years away from large-scale commercialization.
Although the growth rates coming out of the quantum computing segment look genuinely spectacular on paper, Wall Street has stood on this exact ledge before, and the fall has never been gentle.
In the latest trading session, Rigetti Computing, Inc. (RGTI) closed at $18.68, marking a -3.31% move from the previous day.
Quantum computing is the ultimate long-duration bet. The physics works, commercial revenue is thin, and every pure-play player is burning cash toward a payoff years away.
RGTI's debt-free $569M cash position gives it runway to invest in Fab-1, higher-qubit systems and its long-term quantum roadmap.
As with the AI industry, investors often push the quantum computing industry aside as a "bubble." In both cases, however, it's important to acknowledge what this might mean.
Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.
