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Technology - Computer Hardware - NASDAQ - US
$ 8.33
11.1 %
$ 2.38 B
Market Cap
-7.64
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RGTI stock under the worst case scenario is HIDDEN Compared to the current market price of 8.33 USD, Rigetti Computing, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RGTI stock under the base case scenario is HIDDEN Compared to the current market price of 8.33 USD, Rigetti Computing, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RGTI stock under the best case scenario is HIDDEN Compared to the current market price of 8.33 USD, Rigetti Computing, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RGTI

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$20.0$20.0$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0$8.0$8.0$6.0$6.0$4.0$4.0$2.0$2.0$0.0$0.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
10.8 M REVENUE
-10.14%
-68.5 M OPERATING INCOME
5.24%
-201 M NET INCOME
-167.60%
-50.6 M OPERATING CASH FLOW
-0.09%
-78.4 M INVESTING CASH FLOW
-10137.39%
175 M FINANCING CASH FLOW
1226.22%
2.27 M REVENUE
-4.37%
-18.5 M OPERATING INCOME
-6.62%
-153 M NET INCOME
-931.22%
-8.54 M OPERATING CASH FLOW
44.62%
-77.6 M INVESTING CASH FLOW
-1238.53%
134 M FINANCING CASH FLOW
1437.90%
Balance Sheet Rigetti Computing, Inc.
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Current Assets 207 M
Cash & Short-Term Investments 67.7 M
Receivables 2.43 M
Other Current Assets 137 M
Non-Current Assets 78 M
Long-Term Investments 25.1 M
PP&E 52.6 M
Other Non-Current Assets 325 K
23.76 %47.99 %8.80 %18.48 %Total Assets$284.8m
Current Liabilities 11.9 M
Accounts Payable 1.59 M
Short-Term Debt 2.16 M
Other Current Liabilities 8.12 M
Non-Current Liabilities 146 M
Long-Term Debt 6.64 M
Other Non-Current Liabilities 140 M
5.13 %4.20 %88.30 %Total Liabilities$158.2m
EFFICIENCY
Earnings Waterfall Rigetti Computing, Inc.
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Revenue 10.8 M
Cost Of Revenue 5.09 M
Gross Profit 5.7 M
Operating Expenses 74.2 M
Operating Income -68.5 M
Other Expenses 132 M
Net Income -201 M
50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)11m(5m)6m(74m)(69m)(132m)(201m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
52.80% GROSS MARGIN
52.80%
-634.94% OPERATING MARGIN
-634.94%
-1862.72% NET MARGIN
-1862.72%
-158.77% ROE
-158.77%
-70.57% ROA
-70.57%
-24.91% ROIC
-24.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Rigetti Computing, Inc.
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00(10m)(10m)(20m)(20m)(30m)(30m)(40m)(40m)(50m)(50m)(60m)(60m)(70m)(70m)(80m)(80m)(90m)(90m)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Net Income -201 M
Depreciation & Amortization 6.91 M
Capital Expenditures -11.1 M
Stock-Based Compensation 13.1 M
Change in Working Capital -3.08 M
Others 129 M
Free Cash Flow -61.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Rigetti Computing, Inc.
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Wall Street analysts predict an average 1-year price target for RGTI of $2 , with forecasts ranging from a low of $2 to a high of $2 .
RGTI Lowest Price Target Wall Street Target
2 USD -75.99%
RGTI Average Price Target Wall Street Target
2 USD -75.99%
RGTI Highest Price Target Wall Street Target
2 USD -75.99%
Price
Max Price Target
Min Price Target
Average Price Target
2020181816161414121210108866442200May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Rigetti Computing, Inc.
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Sold
0-3 MONTHS
6.44 M USD 2
3-6 MONTHS
6.61 M USD 5
6-9 MONTHS
123 K USD 4
9-12 MONTHS
102 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic? When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? zacks.com - 1 week ago
Rigetti Computing, Inc. (RGTI) is Attracting Investor Attention: Here is What You Should Know Rigetti Computing (RGTI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 1 week ago
Is Rigetti Computing Stock a Buy Now? Rigetti Computing (RGTI -8.34%) has been a tough stock to hold over the past three years. The quantum computing company, which went public by merging with a special purpose acquisition company (SPAC) on March 2, 2022, started trading at $9.75, but eventually closed at a record low of $0.38 per share on May 3, 2023. fool.com - 2 weeks ago
Are Short Sellers Wrong About These 3 Semiconductor Stocks? Three U.S. chip stocks have 25% or more of their floated shares sold short, indicating a very high level of bearish sentiment among a certain group of investors. marketbeat.com - 2 weeks ago
Rigetti Computing Selected to Participate in DARPA's Quantum Benchmarking Initiative BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). globenewswire.com - 2 weeks ago
Defiance Launches RGTX: 2X Leveraged ETF for Rigetti Computing, Inc. MIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs introduces RGTX, the Defiance Daily Target 2X Long RGTI ETF , a 2X leveraged single-stock ETF designed to provide amplified exposure to Rigetti Computing, Inc. (Nasdaq: RGTI). This ETF offers traders a way to seek enhanced returns on Rigetti Computing, Inc. without requiring a margin account. globenewswire.com - 2 weeks ago
Rigetti Computing (RGTI), IonQ (IONQ) and Quantum Computing (QUBT) Stocks Look Like Screaming Buys Right Now The quantum computing sector is one which has seen its fair share of turmoil over the past year. 247wallst.com - 2 weeks ago
Down 57% From All-Time Highs, Is This Quantum Computing Stock the Bargain of the Decade? Over the past year, a new subsector of artificial intelligence (AI) stocks started receiving intense investment interest. As a result, these companies saw parabolic rises in their stock price seemingly out of nowhere. fool.com - 3 weeks ago
Rigetti Computing Has Room to Grow. Why the CEO Is Tempering Expectations. Rigetti Computing takes a more conservative stance when it comes to timelines for quantum development. barrons.com - 3 weeks ago
3 Quantum Computing Stocks That Could Make You a Millionaire Quantum computing stocks aren't in style on Wall Street like they were three months ago. With questions circling the U.S. economy about how it will fare with tariffs, investors are looking for safer places to stash their money. fool.com - 3 weeks ago
How Much Upside is Left in Rigetti Computing (RGTI)? Wall Street Analysts Think 50.71% The mean of analysts' price targets for Rigetti Computing (RGTI) points to a 50.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock. zacks.com - 3 weeks ago
Where Will Rigetti Computing Stock Be in 1 Year? It's usually a bad idea to invest in booming, hype-based stocks because they will probably fall back down to earth unless their rally is based on sustainable fundamentals. With shares down by 41% since the start of 2025, Rigetti Computing (RGTI 0.36%) is an excellent example of this phenomenon. fool.com - 3 weeks ago
8. Profile Summary

Rigetti Computing, Inc. RGTI

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COUNTRY US
INDUSTRY Computer Hardware
MARKET CAP $ 2.38 B
Dividend Yield 0.00%
Description Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
Contact 775 Heinz Avenue, Berkeley, CA, 94710 https://www.rigetti.com
IPO Date April 22, 2021
Employees 137
Officers Dr. Subodh K. Kulkarni Ph.D. Chief Executive Officer, President & Director Ms. Jackie Kaweck Senior Vice President of Human Resources Dr. Andrew Bestwick Senior Vice President of Quantum Systems Mr. Mike Pelstring Senior Vice President of Engineering Mr. Jeffrey A. Bertelsen Chief Financial Officer Mr. David Rivas Chief Technology Officer