Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
5/27/2022 | Outperform | Cowen |
Rigetti's novel technique, Alternating-Bias Assisted Annealing (ABAA), allows for more precise qubit frequency targeting, enabling improved execution of 2-qubit gates and a reduction in defects, which both contribute to higher fidelity. This work was recently published in Nature Communications Materials. BERKELEY, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced that its paper introducing a novel chip fabrication process, Alternating-Bias Assisted Annealing (ABAA), was recently published in Nature Communications Materials. ABAA allows for more precise qubit fre
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
BERKLEY, Calif., July 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 second quarter 2024 results on Thursday, August 8, 2024 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 4:30 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Thursday, August 8, 2024Call Time: 4:30 p.m. ET / 1:30 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/p9p5pvoq Live Call Participant Dial-in Number: Toll-Free: 1-888-596-4144Conference ID: 6114
B. Riley Securities analyst Craig Ellis initiates coverage on Rigetti Computing (NASDAQ:RGTI) with a Buy rating and announces Price Target of $3.
https://x.com/CitronResearch/status/1811107710756372543
SC 13G/A - Rigetti Computing, Inc. (0001838359) (Subject)
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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
BERKLEY, Calif., July 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 second quarter 2024 results on Thursday, August 8, 2024 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 4:30 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Thursday, August 8, 2024Call Time: 4:30 p.m. ET / 1:30 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/p9p5pvoq Live Call Participant Dial-in Number: Toll-Free: 1-888-596-4144Conference ID: 6114
BERKELEY, Calif., May 09, 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 first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights Total revenues for the three months ended March 31, 2024 were $3.1 millionTotal operating expenses for the three months ended March 31, 2024 were $18.1 millionOperating loss for the three months ended March 31, 2024 was $16.6 millionNet loss for the three months ended March 31, 2024 was $20.8 millionDuring the period from January 1 - May 9, 2024, raised $32.9 million from the sale of 23 million
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
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
The Benchmark Company upgraded Rigetti Computing from Hold to Buy and set a new price target of $4.00
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
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10-Q - Rigetti Computing, Inc. (0001838359) (Filer)
8-K - Rigetti Computing, Inc. (0001838359) (Filer)