Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Rigetti Computing, Inc. operates as a full-stack quantum computing enterprise. This company develops and manufactures both quantum computers and the crucial superconducting quantum processors that enable their operation. Its sophisticated machines are made accessible through diverse cloud environments—public, private, or hybrid—via its specialized Quantum Cloud Services platform. The firm was established in 2013 and has its headquarters in Berkeley, California.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of RGTI is 31 and suggests 47% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase