Needham raised the firm’s price target on Rigetti Computing (RGTI) to $17 from $2 and keeps a Buy rating on the shares as part of a broader research note on Quantum Computing names. Over the ...
Rigetti, a top superconducting-qubit pioneer, traded at ~250 P/S, far exceeding rational valuations despite potential 50%+ annual revenue growth. Stock plummeted ~50% after NVIDIA’s CEO stressed ...
Shares of Rigetti Computing — a Berkeley, Calif.-based provider of full-stack quantum computing services — have risen 1,756% in the last year, according to the Wall Street Journal. This raises ...