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Upturn AI SWOT - About
Rigetti Computing Inc. Warrants (RGTIW)
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Upturn Advisory Summary
04/01/2025: RGTIW (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 1478.56% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 286277 | Beta 1.37 | 52 Weeks Range 0.06 - 9.79 | Updated Date 03/13/2025 |
52 Weeks Range 0.06 - 9.79 | Updated Date 03/13/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.9 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -813.28% |
Management Effectiveness
Return on Assets (TTM) -19.26% | Return on Equity (TTM) -170.2% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 282403827 |
Shares Outstanding - | Shares Floating 282403827 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Rigetti Computing Inc. Warrants
Company Overview
History and Background
Rigetti Computing is a quantum computing company founded in 2013 by Chad Rigetti. It focuses on building full-stack quantum computers and providing access to these systems through the cloud. It went public through a SPAC merger with Supernova Partners Acquisition Company II, Ltd. in March 2022. The warrants represent the right to purchase shares of the common stock under certain conditions.
Core Business Areas
- Quantum Computing Hardware: Designs and manufactures superconducting quantum processors.
- Quantum Cloud Services: Offers cloud-based access to its quantum computers.
- Software and Algorithms: Develops software tools and algorithms for quantum computing.
Leadership and Structure
Chad Rigetti is the founder. The company has a board of directors and a management team overseeing different functional areas.
Top Products and Market Share
Key Offerings
- Quantum Cloud Services (QCS): Provides cloud-based access to Rigetti's quantum computers. Market share is difficult to quantify precisely due to the nascent nature of the quantum computing market. Revenue figures are not publicly detailed on an individual product basis. Competitors include IBM, Google, Amazon, and Microsoft.
- Quantum Processors (e.g., Ankaa, Lyra): Advanced superconducting quantum processors. They continually research, develop and test this technology. Market share data is not easily available. Competitors include IBM, Google, IonQ, and Quantinuum.
Market Dynamics
Industry Overview
The quantum computing industry is rapidly evolving, with significant investments from both public and private sectors. It is still in early stages of commercialization.
Positioning
Rigetti is positioned as a full-stack quantum computing company focusing on superconducting qubit technology. Its competitive advantages lie in its hardware expertise and cloud-based access to quantum computers.
Total Addressable Market (TAM)
The TAM for quantum computing is projected to reach billions of dollars in the coming years. Rigetti is positioned to capture a portion of this market through its hardware and cloud services.
Upturn SWOT Analysis
Strengths
- Full-stack quantum computing approach
- Expertise in superconducting qubit technology
- Cloud-based access to quantum computers
- Early mover advantage
Weaknesses
- High operating costs and net losses
- Technology not yet mature
- Significant capital requirements
- Reliance on external funding
Opportunities
- Growing demand for quantum computing solutions
- Partnerships with industry leaders
- Government funding and support
- Advancements in quantum algorithms and software
Threats
- Intense competition from established tech giants
- Rapid technological changes
- Difficulty in scaling quantum processors
- Economic downturn affecting research and development spending
Competitors and Market Share
Key Competitors
- IBM (IBM)
- Google (GOOGL)
- IonQ (IONQ)
- Microsoft (MSFT)
- Amazon (AMZN)
Competitive Landscape
Rigetti's focus on superconducting qubits distinguishes it from competitors. However, it faces challenges in scaling its technology and competing with the resources of larger companies.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Rigetti has experienced revenue growth as it expands its customer base and improves its quantum computing capabilities.
Future Projections: Analyst projections vary depending on the adoption rate of quantum computing. Investors should see estimates in analyst reports.
Recent Initiatives: Recent initiatives include developing new quantum processors, expanding cloud services, and partnering with research institutions.
Summary
Rigetti Computing is a key player in the nascent quantum computing industry, focusing on superconducting qubit technology. The company is still in a growth phase and experiencing operating losses. To maintain the technology, Rigetti faces intense competition from much larger and well-established tech companies, who are investing heavily in quantum computing. They need to carefully manage cash flow and maintain technological advantage to succeed.
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Sources and Disclaimers
Data Sources:
- Rigetti Computing SEC Filings, Investor Presentations, Analyst Reports, Industry News Articles
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made after consulting with a qualified financial advisor. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Rigetti Computing Inc. Warrants
Exchange NASDAQ | Headquaters Berkeley, CA, United States | ||
IPO Launch date 2021-04-22 | CEO, President & Director Dr. Subodh K. Kulkarni Ph.D. | ||
Sector Technology | Industry Computer Hardware | Full time employees 137 | Website https://www.rigetti.com |
Full time employees 137 | Website https://www.rigetti.com | ||
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip system under the Novera brand name; 84-qubit Ankaa-3 system under the name Novera QPU (Quantum Processing Units); and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.
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