Rigetti Computing

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Rigetti Computing advances quantum systems amidst financial challenges and growth opportunities

Rigetti Computing progresses with advanced quantum systems, strong financial backing, and strategic partnerships, but faces challenges in scaling and financial performance.
Opportunities in government funding, research collaborations, and technological innovation offer avenues for growth and differentiation in the competitive quantum computing landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

LONDON and OXFORD, United Kingdom, April 16, 2024 (GLOBE NEWSWIRE) -- Rigetti UK Limited, a wholly owned subsidiary of Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, and Oxford Instruments NanoScience, a leading provider of cryogenic systems, announce that their three-year project to build and operate one of the first quantum computers in the UK has been successfully completed. The consortium also included the Quantum Software Lab at the University of Edinburgh, Phasecraft, and Standard Chartered Bank.

Rigetti and Oxford Instruments Announce Successful Completion of Innovate UK Project to Launch One of the First UK-Based Quantum Computers

Nano Dimension

Every investor is on the search for outsized gains. We all dream of finding that one small company that ends up changing the world and making its early shareholders fabulously wealthy.

3 Stocks to Buy for 100X Gains Before the Next Tech Hype Cycle

Arbe Robotics Ltd

BlackSky Technology

GrowGeneration Corp

LightPath Technologies

Wag! Group Co

U.S. Energy

For the most extreme opportunities in the market this side of an options trade, your best bet may be to consider penny stocks to watch in Q2. And by bet, I'm meaning exactly that – this arena should be treated like a casino.

7 Penny Stocks That Deserve a Closer Look in Q2

Amazon

IonQ

The quantum computing industry is still in its relatively early stages, which means many companies in this space could be trading at attractive valuations compared to their long-term growth potential. This provides opportunities for the most undervalued quantum computing stocks to buy in April.

The 3 Most Undervalued Quantum Computing Stocks to Buy in April 2024

Microsoft

Microsoft MSFT is unveiling a groundbreaking advancement in quantum computing that promises to revolutionize the field through a collaboration with Quantinuum. Quantum computing relies on qubits for information storage and processing.

Microsoft Creates Buzz in Quantum Realm: 3 Stocks to Watch

Enfusion

Lithium Americas Corp

Discovering and allocating to undervalued stocks is a key element of successful investing. Stocks are considered “undervalued” when they trade below what people think their intrinsic value is.

The 3 Most Undervalued Under-$10 Stocks to Buy in April 2024

Intel

While classical computers have enjoyed tremendous capacity gains over the past few decades, it's time for a paradigm shift, which brings the discussion to quantum computing stocks to buy. Here, we're not just talking about shifting gears but moving from a race car to a rocket ship.

3 Quantum Computing Stocks to Buy on the Dip: March 2024

DZS Inc.

Protara Therapeutics Inc

If you want to strike it rich via stocks to help you retire on a private island, the reality is this: You probably can't go the buy-and-hold approach that legendary investors like Warren Buffett deploy. For one thing, that was a different time when the “American Dream” was accessible to any hardworking, industrious individual.

3 Stocks That Could Help You Retire on a Private Island

D-Wave Quantum Inc

Quantum computing is likely to bring about another revolution in computing that will overshadow the prescient artificial intelligence (AI) craze. This kind of computing technology has the potential to solve complex problems that generally slow down classical computers, such as optimization, cryptography, machine learning and simulation.

Wall Street's Favorite Quantum Computing Stocks? 3 Names That Could Make You Filthy Rich

Quantum Computing

If you're searching for undervalued quantum computing stocks to add to your portfolio this month, look no further. Never before in human history has technology progressed at the rate seen today.

The 3 Most Undervalued Quantum Computing Stocks to Buy in March 2024

Rigetti Computing, Inc. (RGTI) Q4 2023 Earnings Call Transcript

Deployed the 84-qubit Ankaa™-2 quantum computer, with a 2.5X improvement in error performance compared to the Company's previous QPUs and achieved a 98% median 2-qubit fidelity. Won competition to develop and deliver a 24-qubit quantum computing system to the UK's National Quantum Computing Centre (NQCC).

Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results

Rigetti Computing has experienced a surge in stock price, indicating high growth potential in the quantum computing industry. The company is expecting strong earnings in Q4 2023 and has several intellectual property rights that could increase its valuation. Rigetti is working on a project partnership with Oak Ridge National Laboratory to demonstrate the integration of high-performance computing and quantum devices.

Rigetti Computing: A Buy Despite Low Revenues In An Emerging Field

LM Funding America

Presto Automation Inc

The light market cap weight of penny stocks makes them attractive for investors looking for sharp, accelerated gains in a short-time frame.  Penny stocks are inherently volatile with a high likelihood of going down just as easily.

3 Penny Stocks Projected to Have Massive Gains in 2024 (and Beyond)

Defiance Quantum ETF

Much like the artificial intelligence stock boom, we could see a similar rally with some of the top quantum computing stocks to buy. Quantum computing allows us to solve problems far too complex for your average computer, within minutes, or even seconds.

The Top 3 Quantum Computing Stocks to Buy in March 2024

BERKELEY, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2023 results on Thursday, March 14, 2024 after market close.

Rigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024

There are some quantum computing stocks to buy for this month in Februrary. These companies trade at attractive valuations and have solid growth prospects.

3 Millionaire-Maker Quantum Computing Stocks to Buy in February 2024

CAMBRIDGE, United Kingdom and BERKELEY, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Riverlane, the global leader in quantum error correction technology, and Rigetti (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, today announced their participation in a project led by the US Department of Energy's Oak Ridge National Laboratory (ORNL) to explore the challenges of integrating a quantum computer with a large-scale, supercomputing centre.

Riverlane and Rigetti Computing Partner with Oak Ridge National Laboratory to Work to Improve HPC-Quantum Integration

Advanced Micro Devices

Once people are done fawning over generative AI, investors might think, “what will be the next big thing?” The field of quantum computing may be just that.

Wall Street Favorites: 3 Quantum Computing Stocks with Strong Buy Ratings for February 2024

The race for quantum computing dominance is on. In fact, according to SDXCentral.com, the U.S. and China are neck and neck at the moment.

3 Quantum Computing Stocks That Could Be Multibaggers in the Making: February Edition

It's very easy to see why investors continue to be so interested in Quantum computing stocks. The field of quantum computing promises to break through the limits posed by classical computing.

3 High-Potential Quantum Computing Stocks With Huge Upside

Much like artificial intelligence ( AI ), quantum computing will revolutionize just about everything. All thanks to its ability to solve complex problems that are well beyond the ability of non-quantum and classical computers.

The 3 Best Quantum Computing Stocks to Buy in February 2024

Carpe Diem. Grab this prime opportunity to acquire shares of quantum computing stocks now while these companies have low valuations.

3 Quantum Computing Stocks That Could Make Your February Unforgettable

Quantum computing stocks represent the next frontier for computing and the potential for scientific breakthroughs. Due to the disruptive potential of these companies, I anticipate that there's a solid chance for them to mint new millionaires.

3 Quantum Computing Stocks With Serious Potential to Make You a Millionaire

Quantum computing stocks stand out as symbols of innovation in a tech world that is quickly changing. They promise to push the limits of processing power and computer efficiency.

News for Rigetti Computing Stock (RGTI)