Rigetti Computing, Inc. (RGTI)

AI-powered earnings prediction for Rigetti Computing, Inc. (RGTI).

14.88
-3.44%
USD, 2 days ago
Market Cap
5.01B
Google

Company Overview

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Sector
Technology
Industry
Computer Hardware
Phone
510 210 5550
Headquarters
775 Heinz Avenue
Berkeley, CA, 94710
United States
Full-Time Employees
162

Key Metrics

Forward P/E
-79.87
Price to Book
9.14
Beta
1.72
Profit Margin
0.00%
Gross Margin
29.12%
Return on Equity
-64.27%
Return on Assets
-11.12%
Earnings Growth
N/A
Revenue Growth
-17.90%

Financial Health

Total Cash
$443.51M
Total Debt
$7.17M
Debt to Equity
1.31
Current Ratio
37.42
Free Cash Flow
$-42190500.00
Operating Cash Flow
$-58543000.00

Analyst Recommendations

Target Price (Mean)
$32.45
Target High
$43.00
Target Low
$15.91
Recommendation
buy
Analyst Coverage
11 Analysts

Trading Ideas

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