The latest update is out from Rigetti Computing ( (RGTI) ).
On February 28, 2025, Rigetti Computing’s CEO, Dr. Subodh Kulkarni, discussed the company’s collaboration with Quanta Computer Inc. and the state of the quantum computing industry during an interview on Bloomberg Television. He highlighted that Rigetti ended 2024 with $220 million in cash and no debt, providing a financial runway for three to four years, potentially leading to a cash flow positive situation.
More about Rigetti Computing
Rigetti Computing, Inc. operates in the quantum computing industry, focusing on developing quantum computing systems and software. The company aims to advance the capabilities of quantum computing technology and collaborates with other tech companies to enhance its market position.
YTD Price Performance: -59.85%
Average Trading Volume: 152,089,041
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.95B
For an in-depth examination of RGTI stock, go to TipRanks’ Stock Analysis page.