Rigetti Computing Inc [NASDAQ: RGTI] loss -6.52% or -0.85 points to close at $12.18 with a heavy trading volume of 30236229 shares.
It opened the trading session at $12.941, the shares rose to $13.075 and dropped to $12.08, the range by which the price of stock traded the whole day. The daily chart for RGTI points out that the company has recorded -33.77% loss over the past six months.
If we look at the average trading volume of 48.12M shares, RGTI reached to a volume of 30236229 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Rigetti Computing Inc [RGTI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RGTI shares is $14.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RGTI stock is a recommendation set at 1.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Rigetti Computing Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 02, 2025. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Buy. The new note on the price target was released on December 20, 2024, representing the official price target for Rigetti Computing Inc stock. Previously, the target price had yet another raise to $3, while B. Riley Securities analysts kept a Buy rating on RGTI stock.
The Price to Book ratio for the last quarter was 16.88, with the Price to Cash per share for the same quarter was set at 0.72.
Trading performance analysis for RGTI stock
Rigetti Computing Inc [RGTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.44. With this latest performance, RGTI shares gained by 8.36% in over the last four-week period, additionally sinking by -33.77% over the last 6 months – not to mention a drop of -20.18% in the past year of trading.
Rigetti Computing Inc [RGTI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Rigetti Computing Inc [RGTI] shares currently have an operating margin of -798.66% and a Gross Margin at -15.18%. Rigetti Computing Inc’s Net Margin is presently recorded at -1493.98%.
Return on Equity for this stock declined to -63.81%, with Return on Assets sitting at -63.81%.
Rigetti Computing Inc [RGTI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RGTI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rigetti Computing Inc go to 19.08%.
An analysis of Institutional ownership at Rigetti Computing Inc [RGTI]
There are presently around $28.40%, or 28.96% of RGTI stock, in the hands of institutional investors. The top three institutional holders of RGTI stocks are: DEER MANAGEMENT CO. LLC with ownership of 21.58 million shares, which is approximately 12.5549%. BLACKROCK INC., holding 8.91 million shares of the stock with an approximate value of $$9.53 million in RGTI stocks shares; and BLACKROCK INC., currently with $$9.03 million in RGTI stock with ownership which is approximately 4.9093%.
