RGTI Rigetti Computing, Inc.

$14.52▼ -7.16% Unknown Other Last sync: just now Syncing
Key Metrics & Fundamentals
Market Cap
$4.83B
P/E Ratio
Div Yield
–%
52W Range
12.53 - 58.15
% vs 50 MA
-27.26%
% vs 200 MA
-37.85%
RSI-14
34.8
MACD Histogram
-0.0500
Beta (1Y vs SPY)
3.69
Gross Rev
$10.02M
Gross Profit
$3.00M
EBITDA
-$80.02M
COGS
$7.02M
Operating Exp
$83.02M
Operating Income
EBIT
Pretax Income
Net Income
Price & Volume History
Volume (M)
Financial Overview - Income Statement Quarterly
AI Analysis
Generated May 28, 5:18 PM
Company Overview

Rigetti Computing is a pioneer in full-stack quantum computing, developing quantum processors, software, and cloud services for various applications. The company operates in the nascent but potentially transformative quantum computing industry, aiming to deliver practical quantum advantage through its integrated approach.

Bull Case
  • Rigetti is an early mover in the highly disruptive quantum computing sector, positioning it for potential long-term growth as the technology matures and finds commercial applications.
  • The stock exhibits robust short-term technical strength, with significant gains against its 50-day and 200-day moving averages, indicating strong recent buying interest and positive momentum.
  • Quantum computing has the potential to revolutionize industries like healthcare, finance, and materials science, offering a vast addressable market for successful players like Rigetti.
  • As quantum computing advances, Rigetti could benefit from increased government funding, research collaborations, and early enterprise adoption of its quantum solutions.
Bear Case
  • The N/A P/E ratio highlights the company's pre-profitability stage, typical for deep tech, implying high R&D costs, a significant burn rate, and uncertain timelines to positive earnings.
  • A 54.1% drop from its 52-week high indicates extreme price volatility and significant investment risk inherent in speculative, early-stage technologies.
  • Rigetti faces formidable competition from well-capitalized tech giants (e.g., IBM, Google) and numerous other startups, all vying for leadership in a complex and capital-intensive field.
  • Quantum computing is still in its infancy, facing substantial scientific and engineering challenges, with the practical commercialization and widespread adoption still years away, posing significant technological and market risks.
Recent Performance

RGTI has shown strong recent upward momentum, with an 8.5% daily gain and trading significantly above both its 50-day (+46.6%) and 200-day (+8.2%) moving averages. While still down 54.1% from its 52-week high, the RSI of 66.5 suggests strong buying pressure and a potential continuation of this short-term rally, though it's approaching overbought conditions.

AI-generated analysis is for informational purposes only and does not constitute financial advice.

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