Rigetti Computing, Inc. (RGTI) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.56%. Shares of the company witnessed a loss of 19.13% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 0.11% and the S&P 500's gain of 1.65%. The investment community will be closely monitoring the performance of Rigetti Computing, Inc. in its forthcoming earnings report. The company is expected to report EPS of -$0.08, up 38.46% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $3.33 million, indicating a 7.07% growth compared to the corresponding quarter of the prior year. RGTI's full-year Zacks Consensus Estimates are calling for earnings of -$0.34 per share and revenue of $12.82 million. These results would represent year-over-year changes of +35.85% and +6.77%, respectively. Investors should also pay attent
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RGTI
News
- Investors Heavily Search Rigetti Computing, Inc. (RGTI): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Analysts Just Made A Major Revision To Their Rigetti Computing, Inc. (NASDAQ:RGTI) Revenue Forecasts [Yahoo! Finance]Yahoo! Finance
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $2.50 price target on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its price target raised by analysts at B. Riley from $3.00 to $3.50. They now have a "buy" rating on the stock.MarketBeat
- Rigetti Computing, Inc. (NASDAQ: RGTI) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $2.00 price target on the stock.MarketBeat
RGTI
Earnings
- 11/12/24 - In-Line
RGTI
Sec Filings
- 11/19/24 - Form SC
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- RGTI's page on the SEC website