B. Riley Securities initiated coverage on Rigetti Computing with a new price target
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B. Riley Securities initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $3.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2024 | $12.00 | Buy | Craig Hallum |
| 7/25/2024 | $3.00 | Buy | B. Riley Securities |
| 3/1/2024 | $3.50 | Buy | Alliance Global Partners |
| 8/11/2023 | $4.00 | Hold → Buy | The Benchmark Company |
| 11/10/2022 | Buy → Hold | The Benchmark Company | |
| 11/10/2022 | $10.00 → $2.00 | Buy → Hold | Deutsche Bank |
| 8/9/2022 | $10.00 | Buy | Deutsche Bank |
| 6/8/2022 | $11.00 | Buy | Needham |
144 - Rigetti Computing, Inc. (0001838359) (Subject)
144 - Rigetti Computing, Inc. (0001838359) (Subject)
144 - Rigetti Computing, Inc. (0001838359) (Subject)
BERKELEY, Calif., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, announced today that Rigetti CEO, Dr. Subodh Kulkarni, will be participating in a fireside chat at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025. Information for the event is as follows: Webcast registration link: https://wsw.com/webcast/needham143/register.aspx?conf=needham143&page=rigg&url=https://wsw.com/webcast/needham143/rigg/2240282Presentation date: Tuesday, January 14, 2025Time: 11:45 am-12:25 pm ET (8:45-9:25 am PT) Investors can view a live webcast of the event by visiting the "Even
Ankaa-3 features a broad hardware redesign enabling superior performance. Enhancements across the technology stack include a new cryogenic hardware design, an overhaul of the qubit circuit layout, precise qubit frequency targeting with Alternating-Bias Assisted Annealing, and flexible gate architecture with precise controls. Ankaa-3 has achieved a 99.5% median two-qubit gate fidelity. BERKELEY, Calif., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, announced today the public launch of its 84-qubit Ankaa-3 system. Ankaa-3 is Rigetti's newest flagship quantum computer featuring an e
USA News Group Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ -- USA News Group News Commentary – The advent of quantum computing comes with much excitement, and horror. Quantum computers are poised to solve complex problems in mere minutes, tasks that would take today's most powerful supercomputers approximately 10 septillion years to complete. And while that type of computing power opens up a near-infinite amount of possibilities in things like healthcare, logistics, and even solving mysteries regarding the multiverse theory, it also could be quite catastrophic in the wrong hands. For example, as of December 17, 2024, all the Bitcoin (BTC)
SC 13G - Rigetti Computing, Inc. (0001838359) (Subject)
SC 13D/A - Rigetti Computing, Inc. (0001838359) (Subject)
SC 13D/A - Rigetti Computing, Inc. (0001838359) (Subject)
BERKELEY, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced its financial results for the third quarter ended September 30, 2024 and business updates, including updates to its technology roadmap. Third Quarter 2024 Financial Highlights Total revenues for the three months ended September 30, 2024 were $2.4 millionTotal operating expenses for the three months ended September 30, 2024 were $18.6 millionOperating loss for the three months ended September 30, 2024 was $17.3 millionNet loss for the three months ended September 30, 2024 was $14.8 millionAs of Septembe
BERKELEY, Calif., Oct. 29, 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 third quarter 2024 results on Tuesday, November 12, 2024 pre-market open. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 8:30 a.m. ET the same day. Key details regarding the call are as follows: Call Date: Tuesday, November 12, 2024Call Time: 8:30 a.m. ET / 5:30 a.m. PTWebcast Link: https://edge.media-server.com/mmc/p/aoxe8j5p/ Live Call Participant Link: https://register.vevent.com/register/BI66e8b07255734ee
BERKELEY, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total revenues for the three months ended June 30, 2024 were $3.1 millionTotal operating expenses for the three months ended June 30, 2024 were $18.1 millionOperating loss for the three months ended June 30, 2024 was $16.1 millionNet loss for the three months ended June 30, 2024 was $12.4 millionFor the period from April 1 - July 12, 2024 raised $27.8 million from the sale of 24.1 million common s
Craig Hallum initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $12.00
B. Riley Securities initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $3.00
Alliance Global Partners initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $3.50
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
BERKELEY, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or "the Company") (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing systems, today announced the Company is set to join the Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means
LONDON, Nov. 01, 2023 (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, today announced that it was awarded an Innovate UK grant as part of the Feasibility Studies in Quantum Computing Applications competition. Joining Rigetti in this work is HSBC, the Quantum Software Lab (QSL) based at the University of Edinburgh, and the National Quantum Computing Centre (NQCC). Together, the consortium aims to enhance existing anti-money laundering techniques by using quantum machine learning techniques with the goal of improving the performance of current-state-of
BERKELEY, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced that it has appointed Thomas J. Iannotti as Chairman of the Board of Directors, effective immediately. Mr. Iannotti succeeds Cathy McCarthy in the role of Chair, with Ms. McCarthy continuing to serve as a member of the Board of Directors. Mr. Iannotti currently serves as Chairman of the Board of Directors at Applied Materials, Inc., a role which he has held since 2017. Mr. Iannotti joins Rigetti with extensive leadership experience in the technology and computing industries, most recently serving as Se