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Rigetti Computing, Inc. (RGTI)

Listed on NASDAQ Capital Market • Technology / Computer Hardware
RGTI logo

Overview

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.

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Key Information

Symbol: RGTI
CEO: Subodh K. Kulkarni
Exchange: NASDAQ Capital Market
CIK: 0001838359
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
37.29
Change
2.11
Change %
6.00%
Open
36.28
Previous Close
35.18
High
38
Low
35
Volume
40,458,230
Market Cap
12,088,120,320
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
324,165,170
FloatShares
318,758,095
Float Ratio
98.33%
Shares Short
41,561,508
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
12.88%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
0.35 trading days
Held Percent Insiders
1.70%
Held Percent Institutions
41.16%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-11-10
Earnings Call 2025-11-11
Avg EPS Estimate -0.04
Low EPS Estimate -0.04
High EPS Estimate -0.04
Revenue
Avg Revenue Forecast 2,170,000
Low Revenue Forecast 1,800,000
High Revenue Forecast 2,500,000

RGTI Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$425,739,008Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio41.591The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio41.57The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$8,010,000Total liabilities, used together with cash and liquidity ratios to assess debt burden.

RGTI Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$-70,059,000EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-53,791,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$-39,451,124Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin40.57%Gross margin; a higher value indicates stronger product profitability.
Operating Margin-1103.94%Operating margin; slightly negative, indicating high operating costs.
Profit Margin0.00%Net profit margin, which reflects overall profitability.

RGTI Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio1.45%Low leverage level, indicating the company has low debt pressure.
Total Debt$8,010,000Used together with cash and EBITDA to assess debt-paying ability.

RGTI Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)-41.60%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for RGTI (Key ratios, margins, and cash flow)

Field Value Description
Current Price$37.29Latest stock trading price
Price Target (High)$50Analyst highest expected price
Price Target (Low)$18Analyst lowest expected price
Price Target (Average)$28Average target price across analysts
Price Target (Median)$20Median of target prices
Average Rating Score1.43Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count6Number of analysts providing estimates
Cash Holdings$425,739,008Total cash held by the company
Cash per Share$1.31Cash value per outstanding share
Total Debt$8,010,000Company's total debt
Quick Ratio41.591Ability to cover short-term liabilities (excludes inventory)
Current Ratio41.57Overall short-term liquidity
Debt/Equity Ratio1.45%Leverage ratio: Debt / Equity
EBITDA$-70,059,000Earnings before interest, taxes, depreciation & amortization
Total Revenue$7,925,000Total company revenue
Revenue per Share$0.032Total revenue divided by shares outstanding
Gross Profit40.57%Revenue minus cost of goods sold
Return on Assets-12.10%Net income / Total assets
Return on Equity-48.81%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)-41.60%Year-over-year revenue growth
Gross Margin40.57%Gross profit / Total revenue
EBITDA Margin0.00%EBITDA / Revenue
Operating Margin-1103.94%Operating income / Revenue
Profit Margin0.00%Net income / Revenue
Free Cash Flow$-39,451,124Cash left after capital expenditures
Operating Cash Flow$-53,791,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo