Rigetti Computing Inc
NASDAQ:RGTI
Intrinsic Value
Rigetti Computing, Inc. provides full-stack quantum computing services. [ Read More ]
The intrinsic value of one RGTI stock under the Base Case scenario is 2.01 USD. Compared to the current market price of 1.13 USD, Rigetti Computing Inc is Undervalued by 44%.
Valuation Backtest
Rigetti Computing Inc
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Fundamental Analysis
Balance Sheet Decomposition
Rigetti Computing Inc
Current Assets | 107.7m |
Cash & Short-Term Investments | 99.9m |
Receivables | 5m |
Other Current Assets | 2.7m |
Non-Current Assets | 52.2m |
PP&E | 52.1m |
Other Non-Current Assets | 129k |
Current Liabilities | 29.1m |
Accounts Payable | 5.8m |
Accrued Liabilities | 10.8m |
Other Current Liabilities | 12.5m |
Non-Current Liabilities | 21.3m |
Long-Term Debt | 9.9m |
Other Non-Current Liabilities | 11.4m |
Earnings Waterfall
Rigetti Computing Inc
Revenue
|
12m
USD
|
Cost of Revenue
|
-2.8m
USD
|
Gross Profit
|
9.2m
USD
|
Operating Expenses
|
-80.5m
USD
|
Operating Income
|
-71.3m
USD
|
Other Expenses
|
-3.8m
USD
|
Net Income
|
-75.1m
USD
|
Free Cash Flow Analysis
Rigetti Computing Inc
RGTI Profitability Score
Profitability Due Diligence
Rigetti Computing Inc's profitability score is 27/100. The higher the profitability score, the more profitable the company is.
Score
Rigetti Computing Inc's profitability score is 27/100. The higher the profitability score, the more profitable the company is.
RGTI Solvency Score
Solvency Due Diligence
Rigetti Computing Inc's solvency score is 52/100. The higher the solvency score, the more solvent the company is.
Score
Rigetti Computing Inc's solvency score is 52/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
RGTI Price Targets Summary
Rigetti Computing Inc
According to Wall Street analysts, the average 1-year price target for RGTI is 3.23 USD with a low forecast of 3.03 USD and a high forecast of 3.68 USD.
Ownership
RGTI Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
RGTI Price
Rigetti Computing Inc
Average Annual Return | -92.63% |
Standard Deviation of Annual Returns |
N/A
|
Max Drawdown | -96% |
Market Capitalization | 166.2m USD |
Shares Outstanding | 158 180 992 |
Percentage of Shares Shorted | 12.41% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Rigetti Computing, Inc. provides full-stack quantum computing services. The company is headquartered in Berkeley, California. The company went IPO on 2021-03-02. The company serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for practical quantum computing. The company has developed a multi-chip quantum processor for scalable quantum computing systems. The company designs and manufactures its chips in-house at Fab-1, which is an integrated quantum device manufacturing facility. Its quantum operating systems are QUIL and Quil-T. Its software tools include PyQuil, Quilc and QVM. The firm supports integration with a variety of classical resources through network application programming interface (API). The API provide access to core quantum operating system functions such as user authentication, system service authorization, circuit submission, circuit scheduling and concurrency.
Contact
IPO
Employees
Officers
The intrinsic value of one RGTI stock under the Base Case scenario is 2.01 USD.
Compared to the current market price of 1.13 USD, Rigetti Computing Inc is Undervalued by 44%.