Rigetti Computing Inc (NASDAQ: RGTI) is -24.77% lower on its value in year-to-date trading and has touched a low of $0.66 and a high of $21.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RGTI stock was last observed hovering at around $12.16 in the last trading session, with the day’s loss setting it -0.68%.
Currently trading at $11.48, the stock is -6.24% and 7.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.6 million and changing -5.59% at the moment leaves the stock 54.52% off its SMA200. RGTI registered 1025.49% gain for a year compared to 6-month gain of 92.29%.
The stock witnessed a -3.12% loss in the last 1 month and extending the period to 3 months gives it a 11.89%, and is 2.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.86% over the week and 7.52% over the month.
Rigetti Computing Inc (RGTI) has around 140 employees, a market worth around $3.36B and $9.21M in sales. Profit margin for the company is -1493.98%. Distance from 52-week low is 1639.39% and -46.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-64.49%).
The EPS is expected to grow by 49.30% this year.
Rigetti Computing Inc (RGTI) Top Institutional Holders
The shares outstanding are 286.97M, and float is at 275.83M with Short Float at 20.04%.
The top institutional shareholder in the company is DEER MANAGEMENT CO. LLC with over 21.58 million shares valued at $23.09 million. The investor’s holdings represent 12.5549% of the RGTI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 8.91 million shares valued at $9.53 million to account for 5.1824 of the shares outstanding. The other top investors are AMERICAN ASSETS INVESTMENT MANAGEMENT, LLC which holds 8.44 million shares representing 4.9093% and valued at over $9.03 million, while VANGUARD GROUP INC holds 3.4212 of the shares totaling 5.88 million with a market value of $6.29 million.
Rigetti Computing Inc (RGTI) Insider Activity
Rigetti Computing Inc disclosed in a document filed with the SEC on Jun 12 ’25 that Fitzgerald Alissa (Director) sold a total of 77,284 shares of the company’s common stock. The trade occurred on Jun 12 ’25 and was made at $12.71 per share for $0.98 million. Following the transaction, the insider now directly holds 93991.0 shares of the RGTI stock.
Still, SEC filings show that on Jun 11 ’25, Clifton Michael S. (Director) Proposed Sale 25,000 shares at an average price of $4.68 for $0.12 million. The insider now directly holds shares of Rigetti Computing Inc (RGTI).
