B. Riley Securities initiated coverage on Rigetti Computing with a new price target
$RGTI
EDP Services
Technology
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 |
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
Upcoming listing of QUBX & RGTU bolsters firm's leveraged strategies on high-flying quantum computing names NEW YORK, June 18, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced today that it expects to launch two new leveraged single-stock ETFs on Quantum Computing Inc. (NASDAQ:QUBT) and Rigetti Computing Inc. (NASDAQ:RGTI) on Tuesday, June 24. After this launch, Tradr will have the largest leveraged single-stock ETF suite focused on quantum computing stocks. The two new funds are: Tradr 2X Long QUBT Daily ETF (Cboe: QUBX)Tradr 2X Long RGTI Daily ETF (Cboe: RGTU)"We're thrilled that our 2x D-Wave Quantum ETF has been
BERKELEY, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (NASDAQ:RGTI) ("Rigetti" or the "Company"), a pioneer in full-stack quantum-classical computing, today announced that it has completed sales of $350 million gross proceeds of its common stock pursuant to its previously disclosed at-the-market equity offering program. With this additional funding, Rigetti will have approximately $575 million of cash, cash equivalents and available-for-sale investments with no debt, and is well positioned to support commercial scale-up of its superconducting gate-based quantum computers. Rigetti intends to use the proceeds from the offering primarily for working capital, capital expe
BERKELEY, Calif., May 12, 2025 (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, 2025. First Quarter 2025 and Recent Financial Highlights Total revenues for the three months ended March 31, 2025 were $1.5 millionTotal operating expenses for the three months ended March 31, 2025 were $22.1 millionOperating loss for the three months ended March 31, 2025 was $21.6 millionNet income for the three months ended March 31, 2025 was $42.6 millionNet income for the three months ended March 31, 2025 includes $62.1 million of non-cash