Rigetti Computing (RGTI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
QBTS gains traction with record bookings and expanding system sales, while Rigetti Computing bets on long-term gate-model breakthroughs.
Recently, Zacks.com users have been paying close attention to Rigetti Computing (RGTI). This makes it worthwhile to examine what the stock has in store.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Rigetti Computing (RGTI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Rigetti Computing again reported minimal sales in Q1. RGTI's revenue is highly concentrated, with most 2026 sales from two large system orders and minimal recurring demand. The company still predicts quantum advantage is at least three years away, with 2028 revenue targets already slipping below $100 million.
Though Archer Aviation (NYSE: ACHR | ACHR Price Prediction) at $6.52 a share screens neutrally, Rigetti Computing (NASDAQ: RGTI) at $18.42 and SoundHound AI (NASDAQ: SOUN) at $8.42 screen bullishly.
Rigetti's Cepheus-1-108Q launch and expanding cloud reach highlight progress, but limited commercial adoption keeps RGTI in hold territory.
Rigetti Computing (NASDAQ:RGTI) keeps grabbing quantum computing headlines on the strength of its 108-qubit Cepheus-1-108Q system and a cash-stuffed balance sheet.
RGTI beats Q1 estimates as revenue nearly triples, gross margin expands and adoption grows for its quantum systems and cloud platforms.
Rigetti Computing (NASDAQ:RGTI) reported first quarter results that came in above analyst expectations, as the company continued to scale its superconducting quantum systems and advance its chiplet-based architecture. Revenue for the quarter ended March 31 totaled $4.4 million, up 198.9% year-over-year and above consensus estimates of $4.09 million.