Rigetti Computing Inc.
8.91
-11.25%
At close: Jan 10, 2025, 3:59 PM
8.07
-9.41%
After-hours Jan 10, 2025, 07:59 PM EST

Rigetti Computing Statistics

Share Statistics

Rigetti Computing has 242.30M shares outstanding. The number of shares has increased by 53.18% in one year.

Shares Outstanding 242.30M
Shares Change (YoY) n/a
Shares Change (QoQ) 26.7%
Owned by Institutions (%) n/a
Shares Floating 215.18M
Failed to Deliver (FTD) Shares 522.68K
FTD / Avg. Volume 0.56%

Short Selling Information

The latest short interest is 36.31M, so 14.99% of the outstanding shares have been sold short.

Short Interest 36.31M
Short % of Shares Out 14.99%
Short % of Float 16.87%
Short Ratio (days to cover) 0.35

Valuation Ratios

The PE ratio is -1.73 and the forward PE ratio is -4.52.

PE Ratio -1.73
Forward PE -4.52
PS Ratio 10.82
Forward PS 61
PB Ratio 1.19
P/FCF Ratio -2.18
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Rigetti Computing Inc. has an Enterprise Value (EV) of 139.16M.

EV / Earnings -1.85
EV / Sales 11.59
EV / EBITDA -2.25
EV / EBIT -1.92
EV / FCF -2.33

Financial Position

The company has a current ratio of 3.71, with a Debt / Equity ratio of 0.22.

Current Ratio 3.71
Quick Ratio 3.71
Debt / Equity 0.22
Total Debt / Capitalization 18.13
Cash Flow / Debt -2.08
Interest Coverage -12.51

Financial Efficiency

Return on equity (ROE) is -0.69% and return on capital (ROIC) is -51.58%.

Return on Equity (ROE) -0.69%
Return on Assets (ROA) -0.47%
Return on Capital (ROIC) -51.58%
Revenue Per Employee 89.61K
Profits Per Employee -560.50K
Employee Count 134
Asset Turnover 0.08
Inventory Turnover 0

Taxes

Income Tax 0
Effective Tax Rate 0

Stock Price Statistics

The stock price has increased by 773.53% in the last 52 weeks. The beta is 2.14, so Rigetti Computing 's price volatility has been higher than the market average.

Beta 2.14
52-Week Price Change 773.53%
50-Day Moving Average 6.31
200-Day Moving Average 2.35
Relative Strength Index (RSI) 45.23
Average Volume (20 Days) 92.71M

Income Statement

In the last 12 months, Rigetti Computing had revenue of 12.01M and earned -75.11M in profits. Earnings per share was -0.57.

Revenue 12.01M
Gross Profit 9.21M
Operating Income -72.30M
Net Income -75.11M
EBITDA -61.90M
EBIT -72.30M
Earnings Per Share (EPS) -0.57
Full Income Statement

Balance Sheet

The company has 21.39M in cash and 30.57M in debt, giving a net cash position of -9.17M.

Cash & Cash Equivalents 21.39M
Total Debt 30.57M
Net Cash -9.17M
Retained Earnings -353.76M
Total Assets 157.25M
Working Capital 82.41M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -50.58M and capital expenditures -9.06M, giving a free cash flow of -59.64M.

Operating Cash Flow -50.58M
Capital Expenditures -9.06M
Free Cash Flow -59.64M
FCF Per Share -0.45
Full Cash Flow Statement

Margins

Gross margin is 7.67K%, with operating and profit margins of -60.21K% and -62.55K%.

Gross Margin 7.67K%
Operating Margin -60.21K%
Pretax Margin -62.55K%
Profit Margin -62.55K%
EBITDA Margin -515.51%
EBIT Margin -602.06%
FCF Margin -496.65%

Dividends & Yields

RGTI does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield -6.4%
FCF Yield -2.76%
Dividend Details

Analyst Forecast

The average price target for RGTI is $3, which is -66.3% lower than the current price. The consensus rating is "Buy".

Price Target $3
Price Target Difference -66.3%
Analyst Consensus Buy
Analyst Count 5
Stock Forecasts

Scores

Altman Z-Score 78.36
Piotroski F-Score 2