Rigetti Computing (RGTI, Financial) received a reaffirmation of its "Buy" rating from analyst David Williams of Benchmark on May 15, 2025. The analyst has reiterated a price target of $14.00, in line with the previous target, signaling confidence in the company's performance and future prospects.
The analyst's current rating and target price remain unchanged from prior assessments, indicating sustained belief in the potential growth trajectory of Rigetti Computing (RGTI, Financial). The stock is currently listed on the NASDAQ, with evaluations conducted in USD.
Market participants may take note of Benchmark's consistent outlook on the stock, as the "Buy" rating emphasizes ongoing encouragement for investment in Rigetti Computing (RGTI, Financial) shares. This development comes amidst a dynamic market environment, where the company's technology offerings remain a focal point for its growth strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Rigetti Computing Inc (RGTI, Financial) is $14.40 with a high estimate of $16.00 and a low estimate of $12.00. The average target implies an upside of 23.71% from the current price of $11.64. More detailed estimate data can be found on the Rigetti Computing Inc (RGTI) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Rigetti Computing Inc's (RGTI, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rigetti Computing Inc (RGTI, Financial) in one year is $0.92, suggesting a downside of 92.1% from the current price of $11.64. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rigetti Computing Inc (RGTI) Summary page.
