CSIMarket
 
Rigetti Computing inc   (NASDAQ: RGTI)
Other Ticker:  
 
 
Price: $8.1350 $-0.49 -5.626%
Day's High: $8.475 Week Perf: -13.64 %
Day's Low: $ 8.13 30 Day Perf: -20.71 %
Volume (M): 4,504 52 Wk High: $ 21.42
Volume (M$): $ 36,641 52 Wk Avg: $4.53
Open: $8.29 52 Wk Low: $0.66



 Market Capitalization (Millions $) 1,500
 Shares Outstanding (Millions) 184
 Employees 140
 Revenues (TTM) (Millions $) 11
 Net Income (TTM) (Millions $) -201
 Cash Flow (TTM) (Millions $) 46
 Capital Exp. (TTM) (Millions $) 11

Rigetti Computing Inc
Rigetti Computing Inc is a quantum computing company based in California, USA. Founded in 2013 by Chad Rigetti, the company focuses on developing and providing access to quantum computers and related software and services.

Rigetti Computing aims to build and deliver practical quantum systems that can solve real-world problems. They design and fabricate their own quantum processors and leverage their expertise in classical computing to develop software tools and algorithms for quantum computing.

The company offers a cloud-based platform called Forest, which provides developers with tools to write, simulate, and execute quantum programs. Forest includes a high-level programming language called Quil and a compiler that translates Quil code into machine instructions for the quantum hardware.

Rigetti Computing's quantum computers utilize a different approach called superconducting quantum computing compared to other companies in the field such as IBM and Google. They work towards increasing the overall performance, scalability, and resilience of their quantum systems.

In addition to their quantum computing efforts, Rigetti Computing is also involved in quantum networking and quantum machine learning research. They collaborate with academic institutions, research organizations, and industry partners to advance the field of quantum computing.

As of 2021, Rigetti Computing remains at the forefront of the quantum computing industry, striving to make quantum technology more accessible and applicable for various domains and industries.


   Company Address: 775 Heinz Avenue Berkeley 94710 CA
   Company Phone Number: 210-5550   Stock Exchange / Ticker: NASDAQ RGTI


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
QBTS   -10.41%    
AMD   -6.32%    
AMZN   -6.63%    
HON   -0.98%    
IBM        1.41% 
MSFT   -5.32%    
• View Complete Report
   



Shares

Rigetti Computing Secures $100 Million through Registered Direct Offering: A Quantum Leap Forward

Published Tue, Nov 26 2024 1:01 PM UTC

In an ambitious financial maneuver, Rigetti Computing, Inc. (Nasdaq: RGTI), a leading innovator in the realm of quantum computing, announced a significant milestone with the successful pricing of a registered direct offering. This move is both strategic and forward-thinking, aimed at bolstering the company s financial position while potentially attracting attention within th...

Shares

Rigetti Computing Raises $100 Million to Strengthen Leadership in Quantum-Classical Computing

Published Mon, Nov 25 2024 1:01 PM UTC

Rigetti Computing Combines Quantum Innovation with Financial GrowthIn a significant move that underscores its commitment to advancing quantum technology, Rigetti Computing, Inc. (Nasdaq: RGTI) has announced the successful completion of its at-the-market equity offering program, raising $100 million in gross proceeds. This pivotal announcement comes just months after the init...

Product Service News

Quantum Leap Rigetti CEO Dr. Subodh Kulkarni to Explore Quantum Computings Impact on National Security at Stanford C...

Published Mon, Oct 7 2024 12:30 PM UTC

Quantum Computing s Role in National Security: Insights from Rigetti CEO Dr. Subodh Kulkarni In a world increasingly shaped by rapid technological advances, the intersection of technology and national security is of paramount importance. Next week, this critical topic will take center stage at the second annual Stanford Conference on Technology + National Security, where lea...

Product Service News

Navigating Quantum Innovation Rigettis High-Stakes Quest for World-Class QPUs Amid Financial Turbulence,

Published Thu, Aug 15 2024 8:05 PM UTC

In a groundbreaking development, Rigetti Computing Inc. has introduced a novel chip fabrication process dubbed ABAA (Advanced Bridged Architectural Arrangement) for its Quantum Processing Units (QPUs). This innovative method allows for more precise qubit frequency targeting, which, in turn, enables improved execution of two-qubit gates. The enhancements aim to propel perform...

Rigetti Computing Inc

Rigetti Computing Inc Reports 13.585% Revenue Increase for Q1 2024 Financial Period

Over the course of the last five trading days, Rigetti Computing Inc shares experienced a significant drop of -8.57%, bringing the year-to-date performance to 38.47%. Currently trading on the NASDAQ at -6.2% below its 52-week average, Rigetti Computing Inc is facing some challenges in the market.
Despite the company's revenue increasing by 13.585% to $2.50 million in the financial period closing on March 31, 2024, Rigetti Computing Inc reported a loss of $-0.14 per share. This is a significant increase in deficit compared to the prior reporting season where revenue decreased by -2.913% and the deficit grew from $-0.08 per share.







Rigetti Computing Inc's Segments
Revenue recognized over time    107.89 % of total Revenue
Collaborative research other professional services and related materials    104.63 % of total Revenue
Access to quantum computing systems    3.27 % of total Revenue
United States    70.24 % of total Revenue
Europe    34.8 % of total Revenue
Asia    2.86 % of total Revenue





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com