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Rigetti Computing Inc has a consensus price target of $4 based on the ratings of 7 analysts. The high is $11 issued by Needham on June 8, 2022. The low is $1.5 issued by Deutsche Bank on March 28, 2023. The 3 most-recent analyst ratings were released by Needham, B. 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 226.80% upside for Rigetti Computing Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rigetti Computing (NASDAQ:RGTI) was reported by Needham on August 9, 2024. The analyst firm set a price target for $2.00 expecting RGTI to rise to within 12 months (a possible 145.10% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Rigetti Computing (NASDAQ:RGTI) was provided by Needham, and Rigetti Computing maintained their buy rating.
The last upgrade for Rigetti Computing Inc happened on August 11, 2023 when Benchmark raised their price target to $4. Benchmark previously had a hold for Rigetti Computing Inc.
The last downgrade for Rigetti Computing Inc happened on November 10, 2022 when Benchmark changed their price target from N/A to N/A for Rigetti Computing Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rigetti Computing, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rigetti Computing was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest Rigetti Computing (RGTI) rating was a maintained with a price target of $3.00 to $2.00. The current price Rigetti Computing (RGTI) is trading at is $0.82, which is out of the analyst’s predicted range.
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