
Rigetti Computing (RGTI) Stock Forecast & Price Target
Rigetti Computing (RGTI) Analyst Ratings
Bulls say
Rigetti Computing is positioned to be a key player in the rapidly advancing quantum computing industry due to its unique quantum-classical approach and scalable multi-chip processors. The recent announcement of the general availability of its 108-qubit system positions the company well to capture a larger market share and continue to attract new customers. With a strong revenue growth of 136% Q/Q and 199% Y/Y, driven by partnerships and sales in both government and commercial sectors, and a proven track record of technological progress, Rigetti is poised for long-term success.
Bears say
Rigetti Computing is facing significant challenges in terms of cash burn and scalability, as evidenced by their higher than expected cash burn and struggles with reaching their roadmap milestones. In addition, with larger competitors having significantly more resources and talent, there is a high risk of dilution and failure for Rigetti Computing. Despite recent breakthroughs in gate fidelity and scalability, there is still an uncertain timeline for widespread adoption of quantum computing which could impact the company's revenue and valuation.
This aggregate rating is based on analysts' research of Rigetti Computing and is not a guaranteed prediction by Public.com or investment advice.
Rigetti Computing (RGTI) Analyst Forecast & Price Prediction
Start investing in Rigetti Computing (RGTI)
Order type
Buy in
Order amount
Est. shares
0 shares