- Rigetti Computing (RGTI, Financial) is set to announce its Q1 earnings after trading hours on May 12th, with analysts forecasting an EPS of -$0.04.
- Revenue expectations are positioned at $2.55 million, reflecting a 17.7% year-over-year decline.
- The company has a strong track record, surpassing revenue forecasts 75% of the time in the past two years.
Analysts' Price Targets and Performance Expectations
Rigetti Computing Inc (RGTI, Financial) has been the focus of attention among analysts, with five experts providing a one-year price target. The average target price is set at $14.80, with expectations ranging from a high of $17.00 to a low of $12.00. This average target suggests a potential upside of 39.89% from the current stock price of $10.58. For further insights and detailed estimate data, visit the Rigetti Computing Inc (RGTI) Forecast page.
Brokerage Recommendations
The consensus recommendation, gathered from six brokerage firms, places Rigetti Computing Inc (RGTI, Financial) at an "Outperform" rating with an average score of 2.0 on a scale where 1.0 indicates a Strong Buy and 5.0 signals a Sell. This suggests a consensus belief in the stock's potential to exceed market expectations.
Understanding GF Value and Market Position
According to GuruFocus estimates, Rigetti Computing Inc (RGTI, Financial) has a projected GF Value of $0.92 for the coming year, indicating a potential downside of 91.3% from the current trading price of $10.58. This GF Value represents GuruFocus' assessment of the fair value the stock ought to trade at, derived from historical trading multiples, past business growth, and future performance predictions. Investors seeking more comprehensive data can visit the Rigetti Computing Inc (RGTI) Summary page.
