Rigetti Computing (RGTI) Stock Forecast, Price Target & Predictions
RGTI Stock Forecast
Rigetti Computing stock forecast is as follows: an average price target of $3.00 (represents a 165.49% upside from RGTI’s last price of $1.13) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
RGTI Price Target
The average price target for Rigetti Computing (RGTI) is $3.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $2.00. This represents a potential 165.49% upside from RGTI's last price of $1.13.
RGTI Analyst Ratings
According to 3 Wall Street analysts, Rigetti Computing's rating consensus is 'Buy'. The analyst rating breakdown for RGTI stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Rigetti Computing Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Quinn Bolton | Needham | $2.00 | $0.83 | 140.82% | 76.99% |
| Aug 11, 2023 | David Williams | Williams Trading | $4.00 | $2.53 | 58.11% | 253.98% |
The latest Rigetti Computing stock forecast, released on Aug 09, 2024 by Quinn Bolton from Needham, set a price target of $2.00, which represents a 140.82% increase from the stock price at the time of the forecast ($0.83), and a 76.99% increase from RGTI last price ($1.13).
Rigetti Computing Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $2.00 | $2.00 |
| Last Closing Price | $1.13 | $1.13 | $1.13 |
| Upside/Downside | -100.00% | 76.99% | 76.99% |
In the current month, the average price target of Rigetti Computing stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rigetti Computing's last price of $1.13. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Needham | Buy | Buy | Hold |
| Jul 25, 2024 | B. Riley | - | Buy | Initialise |
| Mar 28, 2023 | Needham | Buy | Buy | Hold |
| Sep 19, 2022 | Benchmark | Buy | Buy | Hold |
Rigetti Computing's last stock rating was published by Needham on Aug 09, 2024. The company gave RGTI a "Buy" rating, the same as its previous rate.
Rigetti Computing Financial Forecast
Rigetti Computing Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.10M | $3.33M | $2.20M | $6.06M | $2.80M | $2.13M |
| Avg Forecast | $12.40M | $8.79M | $9.69M | $6.59M | $6.79M | $5.97M | $5.05M | $3.96M | $3.70M | $3.38M | $3.53M | $3.25M | $3.22M | $3.40M | $2.75M | $4.07M | $4.41M | $2.74M | $2.67M |
| High Forecast | $12.40M | $8.79M | $9.69M | $6.59M | $6.79M | $5.97M | $5.05M | $3.96M | $3.70M | $3.38M | $3.53M | $3.25M | $3.34M | $3.40M | $2.75M | $4.07M | $4.41M | $2.74M | $2.67M |
| Low Forecast | $12.40M | $8.79M | $9.69M | $6.59M | $6.79M | $5.97M | $5.05M | $3.96M | $3.70M | $3.38M | $3.53M | $3.25M | $2.86M | $3.40M | $2.75M | $4.07M | $4.41M | $2.74M | $2.67M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.21% | 0.54% | 1.37% | 1.02% | 0.80% |
Rigetti Computing's average Quarter revenue forecast for Dec 23 based on 3 analysts is $3.22M, with a low forecast of $2.86M, and a high forecast of $3.34M. RGTI's average Quarter revenue forecast represents a 3.61% increase compared to the company's last Quarter revenue of $3.10M (Sep 23).
Rigetti Computing EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-16.83M | $-16.24M | $-17.66M | $-17.87M | $-30.28M | $-40.77M |
| Avg Forecast | $-12.40M | $-8.79M | $-9.69M | $-6.59M | $-6.79M | $-5.97M | $-5.05M | $-3.96M | $-3.70M | $-3.38M | $-3.53M | $-3.25M | $-3.22M | $-3.40M | $-2.75M | $-4.07M | $-4.41M | $-2.74M | $-33.34M |
| High Forecast | $-12.40M | $-8.79M | $-9.69M | $-6.59M | $-6.79M | $-5.97M | $-5.05M | $-3.96M | $-3.70M | $-3.38M | $-3.53M | $-3.25M | $-2.86M | $-3.40M | $-2.75M | $-4.07M | $-4.41M | $-2.74M | $-26.67M |
| Low Forecast | $-12.40M | $-8.79M | $-9.69M | $-6.59M | $-6.79M | $-5.97M | $-5.05M | $-3.96M | $-3.70M | $-3.38M | $-3.53M | $-3.25M | $-3.34M | $-3.40M | $-2.75M | $-4.07M | $-4.41M | $-2.74M | $-40.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.95% | 5.90% | 4.34% | 4.05% | 11.06% | 1.22% |
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Rigetti Computing Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-22.21M | $-16.97M | $-26.15M | $-24.18M | $-3.97M | $23.45M |
| Avg Forecast | $-6.88M | $-8.60M | $-8.60M | $-8.60M | $-9.74M | $-10.89M | $-10.89M | $-12.03M | $-12.72M | $-13.06M | $-12.38M | $-14.90M | $-16.62M | $-18.05M | $-24.07M | $-26.36M | $-20.95M | $-22.92M | $-13.96M |
| High Forecast | $-6.88M | $-8.60M | $-8.60M | $-8.60M | $-9.74M | $-10.89M | $-10.89M | $-12.03M | $-12.72M | $-11.43M | $-12.38M | $-14.90M | $-16.62M | $-18.05M | $-24.07M | $-26.36M | $-20.95M | $-22.92M | $-11.17M |
| Low Forecast | $-6.88M | $-8.60M | $-8.60M | $-8.60M | $-9.74M | $-10.89M | $-10.89M | $-12.03M | $-12.72M | $-14.70M | $-12.38M | $-14.90M | $-16.62M | $-18.05M | $-24.07M | $-26.36M | $-20.95M | $-22.92M | $-16.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23% | 0.70% | 0.99% | 1.15% | 0.17% | -1.68% |
Rigetti Computing's average Quarter net income forecast for Sep 22 is $-22.92M, with a range of $-22.92M to $-22.92M. RGTI's average Quarter net income forecast represents a -197.75% decrease compared to the company's last Quarter net income of $23.45M (Jun 22).
Rigetti Computing SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.05M | $5.75M | $9.01M | $10.69M | $15.99M | $14.27M |
| Avg Forecast | $88.48M | $62.72M | $69.20M | $47.00M | $48.48M | $42.62M | $36.05M | $28.23M | $26.43M | $24.13M | $25.16M | $23.16M | $22.96M | $24.27M | $19.63M | $29.03M | $31.50M | $19.54M | $19.05M |
| High Forecast | $88.48M | $62.72M | $69.20M | $47.00M | $48.48M | $42.62M | $36.05M | $28.23M | $26.43M | $24.13M | $25.16M | $23.16M | $23.81M | $24.27M | $19.63M | $29.03M | $31.50M | $19.54M | $19.05M |
| Low Forecast | $88.48M | $62.72M | $69.20M | $47.00M | $48.48M | $42.62M | $36.05M | $28.23M | $26.43M | $24.13M | $25.16M | $23.16M | $20.40M | $24.27M | $19.63M | $29.03M | $31.50M | $19.54M | $19.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.25% | 0.29% | 0.31% | 0.34% | 0.82% | 0.75% |
Rigetti Computing's average Quarter SG&A projection for Dec 23 is $22.96M, based on 3 Wall Street analysts, with a range of $20.40M to $23.81M. The forecast indicates a 279.72% rise compared to RGTI last annual SG&A of $6.05M (Sep 23).
Rigetti Computing EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.17 | $-0.13 | $-0.21 | $-0.20 | $-0.03 | $0.21 |
| Avg Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.08 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.14 | $-0.15 | $-0.12 | $-0.13 | $-0.10 |
| High Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.07 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.14 | $-0.15 | $-0.12 | $-0.13 | $-0.10 |
| Low Forecast | $-0.04 | $-0.05 | $-0.05 | $-0.05 | $-0.06 | $-0.06 | $-0.06 | $-0.07 | $-0.07 | $-0.09 | $-0.07 | $-0.09 | $-0.10 | $-0.10 | $-0.14 | $-0.15 | $-0.12 | $-0.13 | $-0.10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.62% | 0.93% | 1.37% | 1.64% | 0.25% | -2.21% |
According to 1 Wall Street analysts, Rigetti Computing's projected average Quarter EPS for Sep 22 is $-0.13, with a low estimate of $-0.13 and a high estimate of $-0.13. This represents a -163.49% decrease compared to RGTI previous annual EPS of $0.21 (Jun 22).
Rigetti Computing Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| STRC | Palladyne AI | $2.46 | $252.00 | 10143.90% | Buy |
| SMCI | Super Micro Computer | $26.03 | $625.73 | 2303.88% | Buy |
| QBTS | D-Wave Quantum | $1.00 | $2.75 | 175.00% | Buy |
| RGTI | Rigetti Computing | $1.13 | $3.00 | 165.49% | Buy |
| SSYS | Stratasys | $7.13 | $12.25 | 71.81% | Buy |
| CRCT | Cricut | $6.37 | $9.50 | 49.14% | Sell |
| DM | Desktop Metal | $4.92 | $5.25 | 6.71% | Hold |
| IONQ | IonQ | $14.37 | $12.00 | -16.49% | Buy |
| QMCO | Quantum | $3.86 | $0.75 | -80.57% | Hold |
RGTI Forecast FAQ
Is Rigetti Computing a good buy?
Yes, according to 3 Wall Street analysts, Rigetti Computing (RGTI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of RGTI's total ratings.
What is RGTI's price target?
Rigetti Computing (RGTI) average price target is $3 with a range of $2 to $4, implying a 165.49% from its last price of $1.13. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Rigetti Computing stock go up soon?
According to Wall Street analysts' prediction for RGTI stock, the company can go up by 165.49% (from the last price of $1.13 to the average price target of $3), up by 253.98% based on the highest stock price target, and up by 76.99% based on the lowest stock price target.
Can Rigetti Computing stock reach $2?
RGTI's average twelve months analyst stock price target of $3 supports the claim that Rigetti Computing can reach $2 in the near future.
What are Rigetti Computing's analysts' financial forecasts?
Rigetti Computing's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.77M (high $21.77M, low $21.77M), average EBITDA is $-21.768M (high $-21.768M, low $-21.768M), average net income is $-43.549M (high $-43.549M, low $-43.549M), average SG&A $155.37M (high $155.37M, low $155.37M), and average EPS is $-0.253 (high $-0.253, low $-0.253). RGTI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $37.46M (high $37.46M, low $37.46M), average EBITDA is $-37.464M (high $-37.464M, low $-37.464M), average net income is $-32.662M (high $-32.662M, low $-32.662M), average SG&A $267.4M (high $267.4M, low $267.4M), and average EPS is $-0.19 (high $-0.19, low $-0.19).
Did the RGTI's actual financial results beat the analysts' financial forecasts?
Based on Rigetti Computing's last annual report (Dec 2023), the company's revenue was $12.01M, which missed the average analysts forecast of $13.43M by -10.61%. Apple's EBITDA was $-72.295M, beating the average prediction of $-13.434M by 438.16%. The company's net income was $-75.107M, missing the average estimation of $-85.091M by -11.73%. Apple's SG&A was $27.74M, missing the average forecast of $95.88M by -71.07%. Lastly, the company's EPS was $-0.57, beating the average prediction of $-0.495 by 15.15%. In terms of the last quarterly report (Sep 2023), Rigetti Computing's revenue was $3.1M, missing the average analysts' forecast of $3.4M by -8.68%. The company's EBITDA was $-16.832M, beating the average prediction of $-3.4M by 395.06%. Rigetti Computing's net income was $-22.215M, beating the average estimation of $-18.05M by 23.08%. The company's SG&A was $6.05M, missing the average forecast of $24.27M by -75.08%. Lastly, the company's EPS was $-0.17, beating the average prediction of $-0.105 by 61.90%