Hello Everyone,
So last Quantum stock that i try to analyse today is RGTI - Rigetti Computing
First of all some figures for RGTI:
Revenue: $1.47 M — down 52% YoY and 36% QoQ
Operating Expenses: $22.1 M — up 22% YoY
Operating Loss: $21.6 M .
Net Income: +$42.6 M (+$0.15 eps) — driven by ~$62 M one-time non-cash gains .
Cash & Equivalents: ~$209 M as of Mar 31; ~$238 M by Apr 30 after $35 M investment from Quanta Government
Contracts:
DARPA Quantum Benchmarking Initiative Stage A, up to $1 M.
$5.5 M AFOSR award.
£3.5 M Innovate UK grants, including expansion of NQCC QPU from 24→36 qubits
Partnerships & Investments: $35 M strategic collaboration with Quanta Computer at ~$11.59/share
It's a high-risk, high-reward quantum play—valuable for those bullish on long-term quantum commercialization, but likely volatile near-term.
Chart Analysis:
For the time being it is stucked between 14.50 - 11.00 .
If it goes down to 9.00 $ level for me it could be the good opportunity to increase my positions.
14.15 - 14-30 is the resistance level and if this level are broken then it can quickly reach to 16.30 - 16.50 Levels.
Biggest resistance level is in 21.50 and if this level is broken then we can see 25.00 - 26.00 level very quickly.
My long term expectetion in One year maybe less it can be reach the 25.00 - 26.00 Level.
So Same as i mentioned for IONQ and QBTS , i would like to be a early investor and beginning of this year i started increase my positions some Quatum computing stocks and RGTI is one of them.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all.
So last Quantum stock that i try to analyse today is RGTI - Rigetti Computing
First of all some figures for RGTI:
Revenue: $1.47 M — down 52% YoY and 36% QoQ
Operating Expenses: $22.1 M — up 22% YoY
Operating Loss: $21.6 M .
Net Income: +$42.6 M (+$0.15 eps) — driven by ~$62 M one-time non-cash gains .
Cash & Equivalents: ~$209 M as of Mar 31; ~$238 M by Apr 30 after $35 M investment from Quanta Government
Contracts:
DARPA Quantum Benchmarking Initiative Stage A, up to $1 M.
$5.5 M AFOSR award.
£3.5 M Innovate UK grants, including expansion of NQCC QPU from 24→36 qubits
Partnerships & Investments: $35 M strategic collaboration with Quanta Computer at ~$11.59/share
It's a high-risk, high-reward quantum play—valuable for those bullish on long-term quantum commercialization, but likely volatile near-term.
Chart Analysis:
For the time being it is stucked between 14.50 - 11.00 .
If it goes down to 9.00 $ level for me it could be the good opportunity to increase my positions.
14.15 - 14-30 is the resistance level and if this level are broken then it can quickly reach to 16.30 - 16.50 Levels.
Biggest resistance level is in 21.50 and if this level is broken then we can see 25.00 - 26.00 level very quickly.
My long term expectetion in One year maybe less it can be reach the 25.00 - 26.00 Level.
So Same as i mentioned for IONQ and QBTS , i would like to be a early investor and beginning of this year i started increase my positions some Quatum computing stocks and RGTI is one of them.
This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.
Have a lovely Sunday to all.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.