Streetbeat News

RGTI

Rigetti Computing, Inc.

https://www.rigetti.com

Industry

Computer Hardware

Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.

Open

1.33

Mkt cap

250M

Volume

9.7M

High

1.38

P/E Ratio

-3.51

52-wk high

2.36

Low

1.29

Div yield

N/A

52-wk low

0.66

Investors are showing increased interest in Rigetti Computing (RGTI), prompting a closer look at the stock's potential.

Portfolio Pulse from

November 19, 2024 | 3:15 pm

Rigetti Computing's stock rose after announcing its Q3 2024 earnings, despite financial challenges. The company raised $12 million but reported a $17.3 million operating loss. Rigetti plans to release a 36-qubit system in mid-2025 and a 100-qubit system by year-end, targeting a $7.5 billion market.

Portfolio Pulse from

November 15, 2024 | 1:15 pm

Rigetti Computing, Inc. (Nasdaq: RGTI) announced that its CEO, Dr. Subodh Kulkarni, will deliver a keynote presentation at SEMICON Europa 2024 in Munich, Germany.

Portfolio Pulse from

November 13, 2024 | 11:45 am

Rigetti Computing, Inc. held its Q3 2024 earnings call, discussing financial performance and future outlook.

Portfolio Pulse from

November 12, 2024 | 6:45 pm

Rigetti Computing, Inc. (Nasdaq: RGTI) announced its financial results for Q3 2024 and provided business updates, including advancements in its technology roadmap.

Portfolio Pulse from

November 12, 2024 | 11:45 am

Rigetti Computing is expected to report its Q3 2024 earnings, with anticipated benefits from advancements in quantum computing technology and expanded global partnerships.

Portfolio Pulse from

November 08, 2024 | 6:30 pm

Rigetti Computing, Inc. (RGTI) experienced a stock price decline of 0.88% to $1.12, while the broader market saw gains.

Portfolio Pulse from

November 06, 2024 | 12:00 am

Rigetti Computing and Riverlane have successfully demonstrated real-time, low-latency quantum error correction on Rigetti's Ankaa-2 system. This marks a significant step towards achieving fault-tolerant quantum computing.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:36 pm

On Monday, several information technology stocks experienced significant intraday movements. Porch Group, nLight, Peraso, Alpha Technology Group, Rigetti Computing, and Schmid Group saw notable gains, while SMX, Sobr Safe, Alarum Technologies, VerifyMe, Soluna Holdings, and Abits Group experienced declines.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 4:30 pm

Several information technology stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Zapata Computing Holdings, Phunware, and D-Wave Quantum, while Veritone, SolarEdge Technologies, and Enphase Energy were among the biggest losers. Enphase Energy's decline followed the release of its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:30 pm

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