RGTI stock icon

Rigetti Computing

0.9510 USD
+0.0310
3.37%
At close Oct 17, 4:00 PM EDT
After hours
0.9212
-0.0298
3.13%
1 day
3.37%
5 days
28.51%
1 month
13.16%
3 months
-18.72%
6 months
-19.41%
Year to date
2.88%
1 year
-33.50%
5 years
-89.92%
 

About: Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.

Employees: 144

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

47% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 17

2.96% more ownership

Funds ownership: 36.32% [Q1] → 39.28% (+2.96%) [Q2]

2% more funds holding

Funds holding: 90 [Q1] → 92 (+2) [Q2]

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

18% less capital invested

Capital invested by funds: $87.7M [Q1] → $72.2M (-$15.6M) [Q2]

26% less call options, than puts

Call options by funds: $344K | Put options by funds: $466K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$2
110%
upside
Avg. target
$2.50
163%
upside
High target
$3
215%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Needham
Quinn Bolton
45% 1-year accuracy
46 / 103 met price target
110%upside
$2
Buy
Maintained
9 Aug 2024
B. Riley Securities
Craig Ellis
28% 1-year accuracy
15 / 53 met price target
215%upside
$3
Buy
Initiated
25 Jul 2024

Financial journalist opinion

Based on 8 articles about RGTI published over the past 30 days

Charts implemented using Lightweight Charts™