Rigetti Computing (NASDAQ:RGTI – Get Free Report) is scheduled to release its earnings data after the market closes on Thursday, May 9th. Analysts expect Rigetti Computing to post earnings of ($0.08) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Rigetti Computing (NASDAQ:RGTI – Get Free Report) last issued its earnings results on Thursday, March 14th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $3.38 million during the quarter. Rigetti Computing had a negative return on equity of 59.51% and a negative net margin of 625.42%. On average, analysts expect Rigetti Computing to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Rigetti Computing Stock Performance
Shares of RGTI opened at $1.31 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.71 and a quick ratio of 3.71. Rigetti Computing has a 12-month low of $0.36 and a 12-month high of $3.43. The business’s fifty day moving average price is $1.55 and its 200 day moving average price is $1.28. The stock has a market capitalization of $208.13 million, a PE ratio of -2.26 and a beta of 2.43.
Insider Activity
Wall Street Analyst Weigh In
RGTI has been the subject of several research reports. Needham & Company LLC reaffirmed a “buy” rating and set a $3.00 price objective on shares of Rigetti Computing in a research report on Friday, March 15th. Alliance Global Partners began coverage on Rigetti Computing in a report on Friday, March 1st. They set a “buy” rating and a $3.50 target price for the company.
Check Out Our Latest Research Report on RGTI
About Rigetti Computing
Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.
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