Rigetti ComputingRGTI
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,833% more capital invested
Capital invested by funds: $53.8M [Q3] → $1.04B (+$986M) [Q4]
620% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 20
163% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 19
128% more funds holding
Funds holding: 96 [Q3] → 219 (+123) [Q4]
97% more call options, than puts
Call options by funds: $284M | Put options by funds: $144M
11.57% less ownership
Funds ownership: 35.92% [Q3] → 24.35% (-11.57%) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Benchmark David Williams 51% 1-year accuracy 32 / 63 met price target | 30%upside $14 | Buy Maintained | 21 Feb 2025 |
B. Riley Securities Craig Ellis 41% 1-year accuracy 25 / 61 met price target | 40%upside $15 | Buy Maintained | 14 Feb 2025 |
Craig-Hallum Richard Shannon 79% 1-year accuracy 33 / 42 met price target | 12%upside $12 | Buy Initiated | 20 Dec 2024 |
Financial journalist opinion
Based on 32 articles about RGTI published over the past 30 days
