Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Rigetti Computing (RGTI) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target is $2.50 with a high forecast of $3.00 and a low forecast of $2.00. The average price target represents a 263.32% change from the last price of $0.69.
What is the price target for RGTI in 2024? ›Riley Securities, and Benchmark on August 9, 2024, July 25, 2024, and May 13, 2024, respectively. With an average price target of $2.67 between Needham, B. Riley Securities, and Benchmark, there's an implied 228.43% upside for Rigetti Computing Inc from these most-recent analyst ratings.
What is the future of Rigetti stock? ›On average, Wall Street analysts predict that Rigetti Computing's share price could reach $2.67 by Aug 9, 2025. The average Rigetti Computing stock price prediction forecasts a potential upside of 212.66% from the current RGTI share price of $0.85.
What is the forecast for Rigetti Computing stock? ›What are analysts forecasts for Rigetti Computing stock? The 14 analysts offering price forecasts for Rigetti Computing have a median target of 3.04, with a high estimate of 8.00 and a low estimate of 1.00. The median estimate represents a 22.31 difference from the last price of 0.68.
What is the Nasdaq forecast for RGTI? ›Based on analysts offering 12 month price targets for RGTI in the last 3 months. The average price target is $2.5 with a high estimate of $3 and a low estimate of $2.
What is the price target for RGTI in 2025? ›According to analysts, RGTI price target is 2.75 USD with a max estimate of 3.50 USD and a min estimate of 2.00 USD.
Is RGTI a good investment? ›Rigetti Computing has 263.32% upside potential, based on the analysts' average price target. Is RGTI a Buy, Sell or Hold? Rigetti Computing has a consensus rating of Strong Buy which is based on 4 buy ratings, 0 hold ratings and 0 sell ratings.
What happened to Rigetti Computing? ›Rigetti Computing's decision to lay off employees stems from a combination of economic pressures and internal restructuring. The company, which specializes in quantum computing, has faced significant financial challenges, prompting a need to streamline operations.
How many patents does Rigetti have? ›Rigetti has more than 150 patents awarded and pending.
Who owns Rigetti Computing? ›Rigetti Computing, Inc.'s (NASDAQ:RGTI) largest shareholders are individual investors with 53% ownership, institutions own 30% RGTI.
What are the results of Rigetti Computing? ›
| Available-for-sale investments | 79,792 | 78,537 |
| Accounts receivable | 5,232 | 5,029 |
| Prepaid expenses and other current assets | 3,959 | 2,709 |
| Total current assets | 109,667 | 107,667 |
| Property and equipment, net | 45,651 | 44,483 |
Instead, Rigetti merged with a special-purpose acquisition company, or SPAC, a cash-rich shell corporation already listed on the stock exchange.
How to invest in Rigetti? ›- Decide where to buy Rigetti Computing stock.
- Sign up for your brokerage account.
- Fund your brokerage account.
- Analyze Rigetti Computing stock.
- Make your RGTI trade.
- Keep tabs on your RGTI position.
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors.
What are the best quantum computing stocks? ›- International Business Machines Corporation (IBM)
- Intel Corporation (INTC)
- Alphabet Inc. (GOOG)
- Honeywell International (HON)
- IonQ Incorporated (IONQ)
The average price target for Nasdaq is $76.50. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $90.00 ,the lowest forecast is $60.00. The average price target represents 5.42% Increase from the current price of $72.57.
What will prices be like in 2024? ›The all-items Consumer Price Index (CPI), a measure of economy-wide inflation, increased 0.1 percent from June 2024 to July 2024 and was up 2.9 percent from July 2023. The CPI for all food increased 0.3 percent from June 2024 to July 2024, and food prices were 2.2 percent higher than in July 2023.
What are predicted rates for 2024? ›The Mortgage Bankers Association didn't include mortgage rate predictions in its August 2024 Economic Forecast, but its latest forecast in May 2024 showed rates falling from 6.4% in January to 5.9% in December.
What will vet price target be in 2030? ›By 2029, VET may range between $0.15 and $0.40, benefiting from broader adoption and market stability. In 2030, VET could achieve a price between $0.20 and $0.50, reflecting peak adoption and the full integration of blockchain into global business practices, positioning VeChain as a key player in the digital economy.
What is the Fed rate target for 2025? ›Adams expects that the Fed will cut rates five more times in 2025. He's forecasting quarter percentage point cuts in January, March, June, September, and December. If so, that would bring the short-term rate down to a range of 3.25% to 3.5% by the end of 2025.
