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Rigetti Computing Inc RGTI

Morningstar Rating
$1.36 +0.09 (7.09%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

RGTI is trading at a 63% discount.
Price
$1.19
Fair Value
$6.17
Uncertainty
Extreme
1-Star Price
$24.29
5-Star Price
$6.99
Economic Moat
Hgb
Capital Allocation
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News

Trading Information

Previous Close Price
$1.27
Day Range
$1.301.36
52-Week Range
$0.363.42
Bid/Ask
$1.35 / $1.36
Market Cap
$215.13 Mil
Volume/Avg
946,802 / 7.6 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
12.64
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.
Sector
Technology
Industry
Computer Hardware
Stock Style Box
Total Number of Employees
144

Comparables

Valuation

Metric
RGTI
IONQ
QBTS
Price/Earnings (Normalized)
Price/Book Value
1.543.48
Price/Sales
12.6475.1822.69
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
RGTI
IONQ
QBTS
Quick Ratio
3.619.873.83
Current Ratio
3.7110.494.18
Interest Coverage
−12.87−2,234.54
Quick Ratio
RGTI
IONQ
QBTS

Profitability

Metric
RGTI
IONQ
QBTS
Return on Assets (Normalized)
−32.19%−15.18%−143.89%
Return on Equity (Normalized)
−45.57%−16.65%
Return on Invested Capital (Normalized)
−35.01%−19.32%−225.11%
Return on Assets
RGTI
IONQ
QBTS
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