Benzinga.com · 1d
RGTI Stock Offers 'Highest Return Potential' Among Quantum Computing Peers, Says Investor: Rigetti Computing Has Returned Over 860% In The Last Months
On Wall Street, Rigetti holds a Strong Buy consensus with six Buy recommendations. However, the stock’s recent surge has surpassed analysts’ projections, with a 12-month average price target of $6.10 indicating a potential 46% downside from current levels. Analysts may soon reassess their ratings and price targets for Rigetti.
AOL · 3d
Rigetti Computing CEO after a 48% spike in stock price: We have to tamp down expectations
"Particularly because of the hype that is going on in the quantum computing space and some erroneous statements are being made, including by people in the industry, we have to tamp down some expectations," Rigetti Computing CEO Subodh Kulkarni told me on Yahoo Finance's Opening Bid podcast (video above; listen in below).
Money Morning · 5d
Rigetti Computing Stock Under Pressure: Is a Bounce Likely at This Support Level?
Adding to the pressure, D-Wave announced on Friday that the company was going to sell up to $150 million in common shares. That move would dilute the current shareholders of the company. Early stage companies often take advantage of price increases to raise capital to invest in their research and development.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results