Needham initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/2/2025 | $15.00 | Overweight | Cantor Fitzgerald |
| 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 |
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
4 - Rigetti Computing, Inc. (0001838359) (Issuer)
144 - Rigetti Computing, Inc. (0001838359) (Subject)
144 - Rigetti Computing, Inc. (0001838359) (Subject)
10-Q - Rigetti Computing, Inc. (0001838359) (Filer)
BERKELEY, Calif., Aug. 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 second quarter ended June 30, 2025. Second Quarter 2025 and Recent Financial Highlights Total revenues for the three months ended June 30, 2025 were $1.8 millionTotal operating expenses for the three months ended June 30, 2025 were $20.4 millionOperating loss for the three months ended June 30, 2025 was $19.9 millionNet loss for the three months ended June 30, 2025 was $39.7 millionNet loss for the three months ended June 30, 2025 includes $22.8 million of non-cash losses
BERKELEY, Calif., July 22, 2025 (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 2025 results on August 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Tuesday, August 12, 2025Call Time: 5:00 p.m. ET / 2:00 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/8kvnrhub Live Call Participant Link: https://register-conf.media-server.com/register/BIf27dc41c4e0f41
BERKELEY, Calif., July 16, 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 achieved its mid-year performance milestone of 99.5% median two-qubit gate* fidelity on its modular 36-qubit system, a 2x reduction in median two-qubit gate error rate from Rigetti's previous best results on its 84-qubit single chip Ankaa™-3 system. Composed of four 9-qubit chips ("chiplets") tiled together, the 36-qubit system is based on Rigetti's proprietary modular chip technology and unlocks the Company's path to building a 100+ qubit chiplet-based system. Rigetti plans to launch its 36-
Cantor Fitzgerald initiated coverage of Rigetti Computing with a rating of Overweight and set a new price target of $15.00
Craig Hallum initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $12.00
B. Riley Securities initiated coverage of Rigetti Computing with a rating of Buy and set a new price target of $3.00
SC 13G - Rigetti Computing, Inc. (0001838359) (Subject)
SC 13D/A - Rigetti Computing, Inc. (0001838359) (Subject)
SC 13D/A - Rigetti Computing, Inc. (0001838359) (Subject)
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
BERKELEY, Calif., July 22, 2025 (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 2025 results on August 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Tuesday, August 12, 2025Call Time: 5:00 p.m. ET / 2:00 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/8kvnrhub Live Call Participant Link: https://register-conf.media-server.com/register/BIf27dc41c4e0f41
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
BERKELEY, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. ("Rigetti" or the "Company") (NASDAQ:RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release first quarter 2025 results on May 12, 2025 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day. Key details regarding the call are as follows: Call Date: Monday, May 12, 2025Call Time: 5:00 p.m. ET / 2:00 p.m. PTWebcast Link: https://edge.media-server.com/mmc/p/5w8qggnn/ Live Call Participant Link: https://register-conf.media-server.com/register/BIa01e2c81dc8f4031