Buy, Sell or Hold the Stock?
Rigetti Computing RGTI is slated to release second-quarter 2025 results on Aug. 12, after market close. The Zacks Consensus Estimate for loss per share and revenues is pegged at 6 cents and $1.91 million, respectively.
The earnings estimate, which has remained stable over the past 30 days, indicates 14.3% growth year over year. However, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year decline of 38.2%.
The consensus mark for 2025 revenues is pegged at $8.8 million, implying a decline of 18.6% year over year, and the same for loss per share is pinned at 5 cents, suggesting a year-over-year growth of 86.1%. RGTI surpassed the Zacks Consensus Estimate once, missed once, and met expectations…
