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Rigetti Computing Inc
NASDAQ:RGTI

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Rigetti Computing Inc
NASDAQ:RGTI
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Price: 18.39 USD -5.74% Market Closed
Market Cap: 4.5B USD
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Rigetti Computing Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
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Rigetti Computing Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
R
Rigetti Computing Inc
NASDAQ:RGTI
Revenue
$12m
CAGR 3-Years
29%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Qualcomm Inc
NASDAQ:QCOM
Revenue
$39B
CAGR 3-Years
5%
CAGR 5-Years
15%
CAGR 10-Years
4%
Texas Instruments Inc
NASDAQ:TXN
Revenue
$15.7B
CAGR 3-Years
-4%
CAGR 5-Years
1%
CAGR 10-Years
2%
NVIDIA Corp
NASDAQ:NVDA
Revenue
$113.3B
CAGR 3-Years
67%
CAGR 5-Years
62%
CAGR 10-Years
38%
Broadcom Inc
NASDAQ:AVGO
Revenue
$51.6B
CAGR 3-Years
23%
CAGR 5-Years
18%
CAGR 10-Years
28%
Advanced Micro Devices Inc
NASDAQ:AMD
Revenue
$24.3B
CAGR 3-Years
18%
CAGR 5-Years
32%
CAGR 10-Years
15%
No Stocks Found

Rigetti Computing Inc
Glance View

Market Cap
4.5B USD
Industry
Semiconductors

Rigetti Computing Inc. stands as a pioneer in the burgeoning field of quantum computing, a realm that promises to reshape industries with its potential to solve complex problems much faster than traditional computers. Founded by Chad Rigetti in 2013, the company is nestled in Berkeley, California and is devoted to developing full-stack quantum computing solutions. This holistic approach involves both building quantum processors and creating a software platform, Forest, which allows developers to write quantum algorithms that harness the full power of Rigetti's quantum computers. By offering access via the cloud, Rigetti democratizes quantum computing, allowing businesses and researchers to experiment and solve large-scale computational problems previously deemed intractable. At the core of Rigetti’s business model is the development and commercialization of its Quantum Cloud Services (QCS), which offers a pay-per-use access model. Users, ranging from multinational corporations to innovative startups and academic institutions, access Rigetti's quantum systems to enhance processes like optimization, machine learning, and complex simulations. The company monetizes these services through subscription fees, partnerships, and licensing agreements. Moreover, Rigetti actively collaborates on research and development projects, further capitalizing on advancements to cement its role as a leading player in quantum technology—an industry poised for transformative impact across finance, pharmaceuticals, and logistics, among others.

RGTI Intrinsic Value
0.72 USD
Overvaluation 96%
Intrinsic Value
Price
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See Also

What is Rigetti Computing Inc's Revenue?
Revenue
12m USD

Based on the financial report for Dec 31, 2023, Rigetti Computing Inc's Revenue amounts to 12m USD.

What is Rigetti Computing Inc's Revenue growth rate?
Revenue CAGR 3Y
29%

Over the last year, the Revenue growth was -8%. The average annual Revenue growth rates for Rigetti Computing Inc have been 29% over the past three years .

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