Let’s look at the key reasons that are pushing Rigetti Computing Inc (RGTI) to new highs

On Monday, Rigetti Computing Inc (NASDAQ: RGTI) was 9.17% up from the session before settling in for the closing price of $10.58. A 52-week range for RGTI has been $0.66 – $21.42.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 10.34%. When this article was written, the company’s average yearly earnings per share was at 51.13%. With a float of $270.30 million, this company’s outstanding shares have now reached $283.55 million.

Considering the fact that the conglomerate employs 140 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 36.24%, operating margin of -634.94%, and the pretax margin is -1862.72%.

Rigetti Computing Inc (RGTI) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Rigetti Computing Inc stocks. The insider ownership of Rigetti Computing Inc is 5.81%, while institutional ownership is 26.48%. The most recent insider transaction that took place on Mar 14 ’25, was worth 2,406,250. Before that another transaction happened on Mar 14 ’25, when Company’s CHIEF TECHNOLOGY OFFICER sold 275,000 for $9.12, making the entire transaction worth $2,508,632. This insider now owns 819,738 shares in total.

Rigetti Computing Inc (RGTI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 51.13% per share during the next fiscal year.

Rigetti Computing Inc (NASDAQ: RGTI) Trading Performance Indicators

You can see what Rigetti Computing Inc (RGTI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 17.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 307.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.15 in one year’s time.

Technical Analysis of Rigetti Computing Inc (RGTI)

Compared to the last year’s volume of 84.65 million, its volume of 51.28 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.73%. Additionally, its Average True Range was 0.92.

During the past 100 days, Rigetti Computing Inc’s (RGTI) raw stochastic average was set at 36.20%, which indicates a significant decrease from 88.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.82% in the past 14 days, which was lower than the 211.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.03, while its 200-day Moving Average is $6.03. Nevertheless, the first resistance level for the watch stands at $11.99 in the near term. At $12.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.89. If the price goes on to break the first support level at $11.09, it is likely to go to the next support level at $10.64. Now, if the price goes above the second support level, the third support stands at $10.19.

Rigetti Computing Inc (NASDAQ: RGTI) Key Stats

There are 285,828K outstanding shares of the company, which has a market capitalization of 3.31 billion. As of now, sales total 10,790 K while income totals -200,990 K. Its latest quarter income was 2,270 K while its last quarter net income were -152,960 K.