Rigetti Computing

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

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Rigetti Computing advances quantum systems amidst financial challenges and growth opportunities

Rigetti Computing progresses with advanced quantum systems, strong financial backing, and strategic partnerships, but faces challenges in scaling and financial performance.
Opportunities in government funding, research collaborations, and technological innovation offer avenues for growth and differentiation in the competitive quantum computing landscape.

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IonQ

Quantum Computing

Quantum computing could very well bring about a digital age greater than generative artificial intelligence (AI). For those unaware, quantum computing leverages quantum mechanics, the physics undergirding small particles, to solve problems that classical computers have a hard time getting through.

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Rigetti Computing (RGTI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Rigetti Computing (RGTI) Upgraded to Buy: What Does It Mean for the Stock?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts Look Bullish on Rigetti Computing (RGTI): Should You Buy?

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Is It Worth Investing in Rigetti Computing (RGTI) Based on Wall Street's Bullish Views?

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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.

Rigetti Computing Set to Join Russell 3000® Index

Rigetti Computing is a company developing full-stack quantum supercomputer services through its cloud-based platform, Forest. The company's stock has experienced disappointing performance since going public, losing 89% of its value, but has gained momentum YTD with a 16% increase. The recently launched Novera QPU partnership program should benefit Rigetti significantly, in my opinion, driving future QPU sales and advancing the quantum computing industry.

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If you're searching for cheap quantum computing stocks to invest in for early next year, there are a few companies worth watching. I expect these companies to perform well throughout 2024 due to their continued development and the gradual roll-out of their development road maps.

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When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is Rigetti Computing (RGTI) a Buy as Wall Street Analysts Look Optimistic?

Using quantum computing, humans can solve huge, complex problems much faster than with standard computers. Among the tasks at which quantum computers excel are atomic physics, logistics and artificial intelligence.

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Rigetti Computing, Inc. (NASDAQ:RGTI ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Subodh Kulkarni - President and Chief Executive Officer Jeff Bertelsen - Chief Financial Officer David Rivas - Chief Technology Officer Conference Call Participants Neil Young - Needham & Company Brian Kinstlinger - Alliance Global Partners Operator Hello and welcome to the Rigetti Company First Quarter 2024 Financial Results Conference Call. [Operator Instructions] I would now like to turn the call over to Subodh Kulkarni.

Rigetti Computing, Inc. (RGTI) Q1 2024 Earnings Call Transcript

BERKELEY, Calif., May 09, 2024 (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, 2024.

Rigetti Computing Reports First Quarter 2024 Financial Results

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Investments going into quantum computing have been on a rise recently especially since artificial intelligence remains the front and centre of all financial debates.  In fact, the United States alone has parked over $3.0 billion in quantum computing so far.

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BERKELEY, Calif., April 30, 2024 (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 2024 results on Thursday, May 9, 2024 after market close.

Rigetti Computing to Report First Quarter 2024 Financial Results and Host Conference Call on May 9, 2024

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