Rigetti Computing Inc (NASDAQ:RGTI) shares, rose in value on Wednesday, July 09, with the stock price up by 0.97% to the previous day’s close as strong demand from buyers drove the stock to $13.51.
Actively observing the price movement in the last trading, the stock closed the session at $13.38, falling within a range of $12.83 and $13.89. The value of beta (5-year monthly) was 1.509. Referring to stock’s 52-week performance, its high was $21.42, and the low was $0.66. On the whole, RGTI has fluctuated by 19.77% over the past month.
With the market capitalization of Rigetti Computing Inc currently standing at about $3.95 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.83M, with a low estimate of 1.5M and a high estimate of 2.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.89M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RGTI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of RGTI currently trading nearly 12.95% and 16.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.14, while the 7-day volatility ratio is showing 9.31% which for the 30-day chart, stands at 7.65%. Furthermore, Rigetti Computing Inc (RGTI)’s beta value is 1.43.
A comparison of Rigetti Computing Inc (RGTI) with its peers suggests the former has fared considerably weaker in the market. RGTI showed an intraday change of 0.97% in last session, and over the past year, it shrunk by -11.47%%.
Data on historical trading for Rigetti Computing Inc (NASDAQ:RGTI) indicates that the trading volumes over the past 10 days have averaged 40.55 and over the past 3 months, they’ve averaged 48.77 million. According to company’s latest data on outstanding shares, there are 286.97 million shares outstanding.
Nearly 5.68% of Rigetti Computing Inc’s shares belong to company insiders and institutional investors own 31.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 55.05 million shares as on 2025-06-13, resulting in a short ratio of 0.77. According to the data, the short interest in Rigetti Computing Inc (RGTI) stood at 1714.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 54.48 million. The stock has risen by 1261.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RGTI stock heading into the next quarter.
