Rigetti Computing (RGTI) Stock Forecast, Price Target & Predictions

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RGTI Stock Forecast

Rigetti Computing stock forecast is as follows: an average price target of $3.00 (represents a 122.22% upside from RGTI’s last price of $1.35) 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 122.22% upside from RGTI's last price of $1.35.

RGTI Analyst Ratings

Buy

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%	48.15%
Aug 11, 2023	David Williams	Williams Trading	$4.00	$2.53	58.11%	196.30%

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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 48.15% increase from RGTI last price ($1.35).

Rigetti Computing Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$2.00
Last Closing Price	$1.35	$1.35	$1.35
Upside/Downside	-100.00%	-100.00%	48.15%

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 $1.35. This month's average price target is down NaN% 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

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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	$12.92M	$10.52M	$10.22M	$6.50M	$5.03M	$4.73M	$4.13M	$3.13M	$2.72M	$3.20M	$3.53M	$3.25M	$3.22M	$3.40M	$2.75M	$4.07M	$4.41M	$2.74M	$2.67M
High Forecast	$14.74M	$12.01M	$11.66M	$7.41M	$5.73M	$5.39M	$4.71M	$3.57M	$3.10M	$3.34M	$3.53M	$3.25M	$3.34M	$3.88M	$3.14M	$4.64M	$5.03M	$2.74M	$2.67M
Low Forecast	$12.24M	$9.97M	$9.68M	$6.16M	$4.76M	$4.48M	$3.91M	$2.97M	$2.58M	$3.06M	$3.53M	$3.25M	$2.86M	$3.22M	$2.61M	$3.85M	$4.18M	$2.74M	$2.67M
# Analysts	1	1	1	1	1	1	1	2	3	1	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	2	3	1	1	1	3	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-16.83M	$-16.24M	$-17.66M	$-17.87M	$-30.28M	$-40.77M
Avg Forecast	$-12.92M	$-10.52M	$-10.22M	$-6.50M	$-5.03M	$-4.73M	$-4.13M	$-3.13M	$-2.72M	$-3.20M	$-3.53M	$-3.25M	$-3.22M	$-3.40M	$-2.75M	$-4.07M	$-4.41M	$-2.74M	$-33.34M
High Forecast	$-12.24M	$-9.97M	$-9.68M	$-6.16M	$-4.76M	$-4.48M	$-3.91M	$-2.97M	$-2.58M	$-3.06M	$-3.53M	$-3.25M	$-2.86M	$-3.22M	$-2.61M	$-3.85M	$-4.18M	$-2.74M	$-26.67M
Low Forecast	$-14.74M	$-12.01M	$-11.66M	$-7.41M	$-5.73M	$-5.39M	$-4.71M	$-3.57M	$-3.10M	$-3.34M	$-3.53M	$-3.25M	$-3.34M	$-3.88M	$-3.14M	$-4.64M	$-5.03M	$-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	2	3	1	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	$-9.42M	$-9.42M	$-9.42M	$-9.42M	$-12.72M	$-13.66M	$-13.19M	$-14.13M	$-14.32M	$-13.94M	$-13.56M	$-16.33M	$-18.21M	$-19.78M	$-26.37M	$-28.89M	$-22.96M	$-22.92M	$-13.96M
High Forecast	$-8.78M	$-8.78M	$-8.78M	$-8.78M	$-11.85M	$-12.73M	$-12.29M	$-13.16M	$-13.34M	$-12.99M	$-12.64M	$-15.21M	$-16.97M	$-18.43M	$-24.57M	$-26.92M	$-21.40M	$-22.92M	$-11.17M
Low Forecast	$-11.15M	$-11.15M	$-11.15M	$-11.15M	$-15.05M	$-16.16M	$-15.60M	$-16.72M	$-16.94M	$-16.50M	$-16.05M	$-19.32M	$-21.55M	$-23.41M	$-31.21M	$-34.18M	$-27.18M	$-22.92M	$-16.76M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.12%	0.64%	0.91%	1.05%	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	2	3	1	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	$92.20M	$75.12M	$72.93M	$46.38M	$35.87M	$33.73M	$29.44M	$22.34M	$19.41M	$22.84M	$25.16M	$23.16M	$22.96M	$24.27M	$19.63M	$29.03M	$31.50M	$19.54M	$19.05M
High Forecast	$105.20M	$85.71M	$83.22M	$52.92M	$40.93M	$38.49M	$33.59M	$25.49M	$22.15M	$23.84M	$25.16M	$23.16M	$23.81M	$27.69M	$22.40M	$33.12M	$35.94M	$19.54M	$19.05M
Low Forecast	$87.36M	$71.18M	$69.10M	$43.95M	$33.99M	$31.96M	$27.90M	$21.17M	$18.40M	$21.85M	$25.16M	$23.16M	$20.40M	$22.99M	$18.60M	$27.50M	$29.84M	$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	2	3	1	1	1	3	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.17	$-0.13	$-0.21	$-0.20	$-0.03	$0.21
Avg Forecast	$-0.05	$-0.05	$-0.05	$-0.05	$-0.07	$-0.07	$-0.07	$-0.07	$-0.08	$-0.07	$-0.07	$-0.09	$-0.10	$-0.10	$-0.14	$-0.15	$-0.12	$-0.13	$-0.10
High Forecast	$-0.05	$-0.05	$-0.05	$-0.05	$-0.06	$-0.07	$-0.07	$-0.07	$-0.07	$-0.07	$-0.07	$-0.08	$-0.09	$-0.10	$-0.13	$-0.14	$-0.11	$-0.13	$-0.10
Low Forecast	$-0.06	$-0.06	$-0.06	$-0.06	$-0.08	$-0.09	$-0.08	$-0.09	$-0.09	$-0.09	$-0.09	$-0.10	$-0.11	$-0.12	$-0.17	$-0.18	$-0.14	$-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	$25.80	$529.36	1951.78%	Buy
RGTI	Rigetti Computing	$1.35	$3.00	122.22%	Buy
QBTS	D-Wave Quantum	$1.67	$2.75	64.67%	Buy
CRCT	Cricut	$5.10	$8.25	61.76%	Hold
SSYS	Stratasys	$9.30	$12.25	31.72%	Buy
DM	Desktop Metal	$4.34	$5.25	20.97%	Hold
IONQ	IonQ	$28.86	$16.00	-44.56%	Buy
QMCO	Quantum	$3.02	$0.75	-75.17%	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 122.22% from its last price of $1.35. 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 122.22% (from the last price of $1.35 to the average price target of $3), up by 196.30% based on the highest stock price target, and up by 48.15% 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 $17.01M (high $19.4M, low $16.11M), average EBITDA is $-17.006M (high $-16.113M, low $-19.404M), average net income is $-53.691M (high $-50.026M, low $-63.534M), average SG&A $121.38M (high $138.5M, low $115.01M), and average EPS is $-0.285 (high $-0.266, low $-0.337). RGTI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $40.16M (high $45.82M, low $38.05M), average EBITDA is $-40.158M (high $-38.05M, low $-45.822M), average net income is $-37.678M (high $-35.106M, low $-44.585M), average SG&A $286.64M (high $327.06M, low $271.59M), and average EPS is $-0.2 (high $-0.186, low $-0.237).

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 $-93.252M by -19.46%. 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 $-19.781M by 12.31%. 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%