Rigetti Computing Stock Buy Hold or Sell Recommendation

RGTI Stock  USD 11.22  2.47  28.23%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Rigetti Computing is 'Strong Sell'. The recommendation algorithm takes into account all of Rigetti Computing's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Rigetti Computing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
In addition, we conduct extensive research on individual companies such as Rigetti and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Execute Rigetti Computing Buy or Sell Advice

The Rigetti recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Rigetti Computing. Macroaxis does not own or have any residual interests in Rigetti Computing or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Rigetti Computing's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Rigetti ComputingBuy Rigetti Computing
Strong Sell

Market Performance

OKDetails

Volatility

Very riskyDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Rigetti Computing has a Mean Deviation of 11.7, Semi Deviation of 12.21, Standard Deviation of 16.88, Variance of 284.99, Downside Variance of 202.75 and Semi Variance of 148.98
Our trade recommendations tool can cross-verify current analyst consensus on Rigetti Computing and to analyze the firm potential to grow in the current economic cycle. To make sure Rigetti Computing is not overpriced, please check all Rigetti Computing fundamentals, including its price to sales, book value per share, retained earnings, as well as the relationship between the cash and equivalents and target price . Given that Rigetti Computing has a price to book of 19.76 X, we recommend you to check out Rigetti Computing market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Rigetti Computing Trading Alerts and Improvement Suggestions

Rigetti Computing is way too risky over 90 days horizon
Rigetti Computing appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 10.79 M. Net Loss for the year was (200.99 M) with profit before overhead, payroll, taxes, and interest of 5.7 M.
Rigetti Computing currently holds about 161.02 M in cash with (50.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.31.
Rigetti Computing has a frail financial position based on the latest SEC disclosures
Latest headline from thelincolnianonline.com: Rigetti Computing Trading Up 2.8 percent Whats Next

Rigetti Computing Returns Distribution Density

The distribution of Rigetti Computing's historical returns is an attempt to chart the uncertainty of Rigetti Computing's future price movements. The chart of the probability distribution of Rigetti Computing daily returns describes the distribution of returns around its average expected value. We use Rigetti Computing price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Rigetti Computing returns is essential to provide solid investment advice for Rigetti Computing.
Mean Return
2.81
Value At Risk
-19.11
Potential Upside
36.04
Standard Deviation
16.88
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Rigetti Computing historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Rigetti Stock Institutional Investors

Shares
Millennium Management Llc2024-12-31
1.5 M
Charles Schwab Investment Management Inc2024-12-31
1.3 M
Northern Trust Corp2024-12-31
1.3 M
Nuveen Asset Management, Llc2024-12-31
999.6 K
Atlantic Trust Group, Llc2024-09-30
900 K
Bank Of America Corp2024-12-31
505.1 K
Bank Of New York Mellon Corp2024-12-31
446.7 K
Unicom Systems Inc2024-12-31
285 K
Rockefeller Capital Management L.p.2024-12-31
276.8 K
Blackrock Inc2024-12-31
11.9 M
Vanguard Group Inc2024-12-31
11.7 M
Note, although Rigetti Computing's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Rigetti Computing Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash21.9M11.1M45.8M(36.5M)46.3M48.6M
Free Cash Flow(34.5M)(36.3M)(85.4M)(59.6M)(61.7M)(64.8M)
Depreciation4.3M4.7M7.0M7.4M6.9M6.3M
Other Non Cash Items(8.9M)14.9M(40.7M)5.2M130.4M136.9M
Capital Expenditures4.4M7.0M22.7M9.1M11.1M10.5M
Net Income(26.1M)(38.2M)(71.5M)(75.1M)(201.0M)(190.9M)
End Period Cash Flow22.5M11.7M57.9M21.4M67.7M71.1M

Rigetti Computing Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Rigetti Computing or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Rigetti Computing's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Rigetti stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
2.92
β
Beta against Dow Jones1.11
σ
Overall volatility
16.10
Ir
Information ratio 0.17

Rigetti Computing Volatility Alert

Rigetti Computing is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Rigetti Computing's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Rigetti Computing's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Rigetti Computing Implied Volatility

Rigetti Computing's implied volatility exposes the market's sentiment of Rigetti Computing stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Rigetti Computing's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Rigetti Computing stock will not fluctuate a lot when Rigetti Computing's options are near their expiration.

Rigetti Computing Fundamentals Vs Peers

Comparing Rigetti Computing's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Rigetti Computing's direct or indirect competition across all of the common fundamentals between Rigetti Computing and the related equities. This way, we can detect undervalued stocks with similar characteristics as Rigetti Computing or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Rigetti Computing's fundamental indicators could also be used in its relative valuation, which is a method of valuing Rigetti Computing by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Rigetti Computing to competition
FundamentalsRigetti ComputingPeer Average
Return On Equity-1.7-0.31
Return On Asset-0.19-0.14
Operating Margin(8.13) %(5.51) %
Current Valuation2.32 B16.62 B
Shares Outstanding285.83 M571.82 M
Shares Owned By Insiders1.03 %10.09 %
Shares Owned By Institutions23.90 %39.21 %
Number Of Shares Shorted57.89 M4.71 M
Price To Book19.76 X9.51 X
Price To Sales297.22 X11.42 X
Revenue10.79 M9.43 B
Gross Profit5.7 M27.38 B
EBITDA(68.51 M)3.9 B
Net Income(200.99 M)570.98 M
Cash And Equivalents161.02 M2.7 B
Cash Per Share1.31 X5.01 X
Total Debt8.8 M5.32 B
Debt To Equity0.18 %48.70 %
Current Ratio10.40 X2.16 X
Book Value Per Share0.45 X1.93 K
Cash Flow From Operations(50.63 M)971.22 M
Short Ratio0.69 X4.00 X
Earnings Per Share(1.09) X3.12 X
Price To Earnings To Growth0.07 X4.89 X
Target Price15.0
Number Of Employees13718.84 K
Beta1.37-0.15
Market Capitalization3.21 B19.03 B
Total Asset284.79 M29.47 B
Retained Earnings(554.75 M)9.33 B
Working Capital194.89 M1.48 B
Net Asset284.79 M
Note: Acquisition by Johnson Ray O of 113821 shares of Rigetti Computing subject to Rule 16b-3 [view details]

Rigetti Computing Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Rigetti . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Rigetti Computing Buy or Sell Advice

When is the right time to buy or sell Rigetti Computing? Buying financial instruments such as Rigetti Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Rigetti Computing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:
Check out Rigetti Computing Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rigetti Computing. If investors know Rigetti will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.09)
Revenue Per Share
0.058
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.19)
Return On Equity
(1.70)
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.