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RGTI this year may go to MSFT
@9 to 15
a price war coming,
my stake in RGTI and IONQ but see more possibility in RGTI
Are you saying one is coming, that they announced they are doing one, or what ?
they say Rigetti Computing is at the forefront of the quantum computing field. But MSFT salivating on it, possible scoop up target along with with Quantinuum.
Rigetti and Riverlane, the global leader in quantum error correction technology, announced their participation in a project led by the U.S. Department of Energy’s Oak Ridge National Laboratory to explore the challenges of integrating a quantum computer with a large-scale supercomputing centre. This Zacks Rank #2 company has also started a new project with the help of an Innovate U.K. grant. The main goal of this project is to create quantum machine learning methods for looking at streams of financial data.
I was hoping the floor was about $1. QBTS has a gap at $1.09 so I was hoping it would fill that and RGTI would follow it down. Even better would be if they "leap frogged" each other in price !
it is irrelevant whether ER beat or miss, every buy now is the best opportunity, the difference in the price won't make a big difference in a year and beyond. Little knowledge of Quantum physics, RGTI patent portfolio https://patents.justia.com/assignee/rigetti-co-llc
and little understanding of what coming out of RGTI kitchen should be the investment guide for little people on future of regenerative AI Robotics space science and everything in between.
right now RGTI shares available at less than tenth of pocket change even for a poor investor. They need to go back to ipo price and then only people will start paying the lower end of day to day true value
2.36 - 1.90 that was some erratic impatience move. let it be step by step to the future - let everyone come to the door including nvda
Yes sir you making some good coin
RGTI......................................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
Remember, told u about this @ like $1.20, hope you bought, going to $3.00+
I hope you are right. How much higher are you thinking and are earnings even relevant or this too forward looking? Thanks
This prediction still stands. RGTI is James Webb of Quantum computing and more.
Rigetti Computing to Report Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 14, 2024
March 04 2024 - 04:05PM
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Rigetti Computing, Inc. ("Rigetti" or the "Company") (Nasdaq: RGTI), a pioneer in hybrid quantum-classical computing, announced today that it will release fourth quarter and full year 2023 results on Thursday, March 14, 2024 after market close. The Company will host a conference call to discuss its financial results and provide an update on its business operations at 5:00 p.m. ET the same day.
Key details regarding the call are as follows:
Call Date: Thursday, March 14, 2024
Call Time: 5:00 p.m. ET / 2:00 p.m. PT
Webcast Link: https://edge.media-server.com/mmc/p/5yuqcscr/
Live Call Participant Link: https://register.vevent.com/register/BI50b5aaacc3644ccfad45c9fcfbb1bb2e
Market cap getting frothy here relative to revenue
NVDA crushed it. We should see $3-5 here fairly soon, my opinion
Personally, I think it has to do with AI. SMCI has been on a terror obviously climbing over $1,000 due to demand for equipment needed to run AI machines.
I think of it like a data center for all those hundreds of machines running the AI codes. That is a ton of money and space!
Does Rigetti help solve that problem? The problem for needing a ton of machines and machine power to run the world we are moving into? Quantum computing solves all that problem and some. Data centers as we know and build them now will not look anything like they do now in 20 years or even less than that
RGTI...............................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
This stock has been getting significant volume in the last couple of days. Whats going on here?
Am I has a market cap of $55 billion and the market cap here is ONLY $250 million!
agreed way undervalued down here imo
The way smci is going this should be a $50 stock!
Super low floater, RM candidate, SS cleaned up, awaiting merger $ZHUD ,JMO!
Boom $RGTI
Easy $$$$,,same with $QTBS, Quantum is rockin jmo
Bidding $1.21 jmo $RGTI, CPI Hot, but nothings changed here
RGTI..........................................https://stockcharts.com/h-sc/ui?s=RGTI&p=W&b=5&g=0&id=p86431144783
Excellent info!,last 2 days lots of buying (4Xs ave)
last time it went thru sma200,ran over 200%,hit $3.43,ipo started @ $11.43,finally profits coming in now
relative buying vol up 4Xs ave,covering started,15m sales,eps up 39% this year,news is said to be coming of 1st time profitable co coming soon,ftd over 50K shares(those have lost there a$$ already,past due,havent covered yet)
squeeze play,9M short,shares available dropped 50% today,3 month breakout,parabolic,above sma200 today(ma res.is blue sky) up 4.84% @ $1.30 now
Rigetti Superconducting & Superconducting transmon 2018 - 2022
RIGITTI quantum circuit and quantum logic gate-based model of computing.
Agave
Acorn
Aspen-1, -4, -7, -8,--9, -10, -11
Aspen-M-1, M-2, M-3
Rigetti has portfolio of 165 patents - any chance they are coming out of dungeon dwelling this year.
Yoo hoo anybody here? QUANTUM is on the move imo
The impending release of the third-quarter gross domestic product (GDP) report by the Commerce Department holds significant benefits for the United States economy. A robust economic expansion leads to increased consumer spending, business investments and job creation. This, in turn, tends to boost overall stock market performance, which benefits sectors especially quantum computing. Quantum computing stocks, representing cutting-edge technology with transformative potential, will experience increased investment in research and development as the economy grows.
Rigetti Computing (NASDAQ:RGTI) is an American-based company for integrated systems, constructing quantum computers and superconducting quantum processors. RGTI stock has grown 59.43% YTD.
The quantum computing industry displayed confident outlooks in 2022, bringing in $717.3 million with projections for 2023 to reach $928.8 million. Furthermore, the industry as a whole has been rapidly growing. There were forecasts of 2030 reaching $6.5 billion, marking a CAGR of 32.1% during this seven-year period.
Financially, Rigetti Computing showed strong promises of growth in Q2 of 2023 through a high revenue of $3.33 million which grew 55.9% YoY. The company also beat consensus earnings estimates by 20.89% on revenue. However, net income dipped to -$16.97 million. However, this is mainly due to to the increased costs of developing its first quantum processing units. As sales increase, the company projects income to cover expenses in the upcoming fiscal years.
Ultimately, the largest factor behind Rigetti Computing’s growth has been the development of its quantum processing units. Recently, Rigetti Computing announced a nine-qubit QPU, which is expected to outperform other competitors at the same processing power. Furthermore, its upgraded Ankaa-2 system, the sequel to its successful Ankaa-1 system, is projected to be released in Q4 2023. Expect major upgrades to be announced in upcoming investor relations conferences. Projections are speculated for increased processing power building on top of the Ankaa-1 system.
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