NEW YORK, NY – In a dynamic trading session on the Nasdaq, shares of pioneering quantum computing firm Rigetti Computing, Inc. (RGTI) demonstrated notable resilience. After an initial dip following the Market Open, the stock staged a compelling rebound, signaling strong support from investors who see long-term value in the revolutionary technology company.
The stock, trading at 11.45, recovered impressively from its session low of 11.23. This bounce from the bottom of its Day’s Range highlights a firm floor of investor support and suggests that market participants are viewing the pullback as a strategic entry point. The session was marked by significant trading Volume of over 16.6 million shares by midday, underscoring the high level of interest and conviction surrounding Rigetti Computing, Inc. (RGTI).
Putting today’s volatility into a broader perspective, the stock’s performance over the last year has been extraordinary. With a 52 Week Range of $0.66 – $21.42, Rigetti has delivered massive returns from its lows, and the current price is part of a larger, powerful growth narrative. For long-term believers in the future of quantum computing, these intraday fluctuations are often seen as minor movements within a major secular uptrend.
Perhaps the most bullish indicator for potential investors is the Wall Street analyst consensus. The 1y Target Est for the stock price is a remarkable $14.80. This estimate suggests a potential upside of nearly 30% from its current price, indicating that financial experts believe the company’s growth trajectory has significant room to run.
In conclusion, while the headline showed a modest dip from its Previous Close of 11.86, the underlying story for Rigetti is one of resilience, strong investor engagement, and a highly optimistic future outlook. The quick recovery from the day’s low, combined with a strong analyst target, paints a bright picture for the future of RGTI.
Frequently Asked Questions (FAQ) about Rigetti Computing (RGTI) Stock
Here are answers to some common questions based on the provided market data.
1. What is the stock ticker for Rigetti Computing, Inc.?
The stock ticker is RGTI.
2. What was the current stock price shown in the image?
As of 12:12:21 PM EDT, the stock price was $11.45.
3. What was the stock’s performance for the day at that time?
The stock was down $0.40, which is a decrease of -3.41% from the previous day’s closing price.
4. What is the 1-year analyst target estimate for RGTI?
The 1y Target Est is $14.80. This suggests analysts predict the stock price will increase significantly over the next 12 months.
5. What is the 52-week trading range for Rigetti stock?
The 52 Week Range for RGTI is $0.66 – $21.42, indicating high volatility but also substantial growth from its lowest point in the last year.
6. What was the trading volume for the day?
The Volume was 16,612,956 shares.
7. Is Rigetti Computing a profitable company?
Based on the image, the P/E Ratio (TTM) is not available (“—”) and the EPS (TTM) (Earnings Per Share) is negative at -0.80. This indicates the company was not profitable over the last twelve months.
8. What was the day’s trading range for RGTI?
The Day’s Range was between 11.74 (the high) up to that point.
9. How volatile is RGTI stock compared to the market?
The Beta (5Y Monthly) is 1.51. Since this is greater than 1, it suggests that RGTI stock is 51% more volatile than the overall market.
10. Does Rigetti Computing pay a dividend?
The Forward Dividend & Yield is listed as “—”, which means the company does not currently pay dividends to its shareholders.
11. What was the stock’s opening price?
The stock Opened for trading at $11.63.
12. When is Rigetti’s next earnings report expected?
The Earnings Date is projected for the period between Aug 6, 2025 – Aug 11, 2025.
13. On which stock exchange is Rigetti Computing (RGTI) listed?
It is listed on the NasdaqCM, which stands for the Nasdaq Capital Market.
