Rigetti Computing, Inc. (RGTI)
NASDAQ: RGTI · Real-Time Price · USD
10.75
-0.72 (-6.28%)
At close: Feb 21, 2025, 4:00 PM
10.70
-0.05 (-0.47%)
After-hours: Feb 21, 2025, 7:59 PM EST
Rigetti Computing Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Rigetti Computing stock have an average target of 9.30, with a low estimate of 2.00 and a high estimate of 15. The average target predicts a decrease of -13.49% from the current stock price of 10.75.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Rigetti Computing stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $2.5 → $14 | Strong Buy | Maintains | $2.5 → $14 | +30.23% | Feb 21, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8.5 → $15 | Strong Buy | Maintains | $8.5 → $15 | +39.53% | Feb 14, 2025 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $4 → $8.5 | Strong Buy | Maintains | $4 → $8.5 | -20.93% | Jan 14, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +11.63% | Dec 20, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $3.5 → $4 | Strong Buy | Maintains | $3.5 → $4 | -62.79% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
11.23M
from 12.01M
Decreased by -6.52%
Revenue Next Year
15.89M
from 11.23M
Increased by 41.52%
EPS This Year
-0.36
from -0.57
EPS Next Year
-0.28
from -0.36
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.9M | 21.9M | 54.3M | |||
| Avg | 11.2M | 15.9M | 36.1M | |||
| Low | 10.7M | 11.3M | 16.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -1.0% | 94.8% | 241.7% | |||
| Avg | -6.5% | 41.5% | 127.1% | |||
| Low | -11.0% | 0.4% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | -0.32 | -0.16 | -0.14 | |
| Avg | -0.36 | -0.28 | -0.21 | |
| Low | -0.37 | -0.36 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | - | - | - | |
| Avg | - | - | - | |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.