In the last trading session, 44.78 million shares of the Rigetti Computing Inc (NASDAQ:RGTI) were traded, and its beta was 1.37. Most recently the company’s share price was $7.70, and it changed around -$0.76 or -8.98% from the last close, which brings the market valuation of the company to $1.87B. RGTI currently trades at a discount to its 52-week high of $21.42, offering almost -178.18% off that amount. The share price’s 52-week low was $0.66, which indicates that the current value has risen by an impressive 91.43% since then.
Rigetti Computing Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended RGTI as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Rigetti Computing Inc (NASDAQ:RGTI) trade information
Instantly RGTI has showed a red trend with a performance of -8.98% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.08 on recent trading dayincreased the stock’s daily price by 23.61%. The company’s shares are currently down -49.54% year-to-date, but still down -23.91% over the last five days. On the other hand, Rigetti Computing Inc (NASDAQ:RGTI) is -37.40% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to decrease their stock price by -156.67% from its current value. Analyst projections state that RGTI is forecast to be at a low of $2 and a high of $4.
Rigetti Computing Inc earnings are expected to increase by 32.99% in 2025, but the outlook is positive 26.81% per year for the next five years.
RGTI Dividends
Rigetti Computing Inc’s next quarterly earnings report is expected to be released in April.
BLACKROCK INC., with 5.8665% or 8.91 million shares worth $9.53 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
