why Rigetti Computing Inc [RGTI] is a Good Choice for Investors After New Price Target of $19.29

MAR Stock

Rigetti Computing Inc [NASDAQ: RGTI] slipped around -0.02 points on Friday, while shares priced at $15.1 at the close of the session, down -0.13%.

Rigetti Computing Inc stock is now 1716.65% up from its year-to-date (YTD) trading value. RGTI Stock saw the intraday high of $15.655 and lowest of $14.47 per share. The company’s 52-week high price is 21.42, which means current price is +153.78% above from all time high which was touched on 01/06/25.

Compared to the average trading volume of 44.67M shares, RGTI reached a trading volume of 33378473 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Rigetti Computing Inc [RGTI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RGTI shares is $19.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RGTI stock is a recommendation set at 1.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cantor Fitzgerald have made an estimate for Rigetti Computing Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 02, 2025. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Buy. The new note on the price target was released on December 20, 2024, representing the official price target for Rigetti Computing Inc stock. Previously, the target price had yet another raise to $3, while B. Riley Securities analysts kept a Buy rating on RGTI stock.

The Price to Book ratio for the last quarter was 8.84, with the Price to Cash per share for the same quarter was set at 1.31.

How has RGTI stock performed recently?

Rigetti Computing Inc [RGTI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.93. With this latest performance, RGTI shares dropped by -5.57% in over the last four-week period, additionally plugging by 77.44% over the last 6 months – not to mention a drop of -1.05% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RGTI stock in for the last two-week period is set at 48.32, with the RSI for the last a single of trading hit 1.14, and the three-weeks RSI is set at 1.18 for Rigetti Computing Inc [RGTI]. The present Moving Average for the last 50 days of trading for this stock 14.87, while it was recorded at 15.40 for the last single week of trading, and 11.15 for the last 200 days.

Rigetti Computing Inc [RGTI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Rigetti Computing Inc [RGTI] shares currently have an operating margin of -976.08% and a Gross Margin at -39.99%. Rigetti Computing Inc’s Net Margin is presently recorded at -2079.86%.

Rigetti Computing Inc (RGTI) Capital Structure & Debt Analysis

According to recent financial data for Rigetti Computing Inc. ( RGTI), the Return on Equity (ROE) stands at -48.81%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -41.25%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Rigetti Computing Inc’s Return on Invested Capital (ROIC) is -29.48%, showcasing its effectiveness in deploying capital for earnings.

Rigetti Computing Inc (RGTI) Efficiency & Liquidity Metrics

Based on Rigetti Computing Inc’s (RGTI) latest financial statements, the Debt-to-Equity Ratio is 0.01%, indicating its reliance on debt financing relative to shareholder equity.

Rigetti Computing Inc (RGTI) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Rigetti Computing Inc. (RGTI) effectively leverages its workforce, generating an average of -$1177357.14 per employee. The company’s liquidity position is robust, with a Current Ratio of 41.57% and a Quick Ratio of 41.57%, indicating strong ability to cover short-term liabilities.

Earnings analysis for Rigetti Computing Inc [RGTI]

With the latest financial reports released by the company, Rigetti Computing Inc posted -0.09/share EPS, while the average EPS was predicted by analysts to be reported at -0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RGTI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rigetti Computing Inc go to 25.40%.

Insider trade positions for Rigetti Computing Inc [RGTI]

There are presently around $37.55%, or 38.27%% of RGTI stock, in the hands of institutional investors. The top three institutional holders of RGTI stocks are: DEER MANAGEMENT CO. LLC with ownership of 21.58 million shares, which is approximately 12.5549%. BLACKROCK INC., holding 8.91 million shares of the stock with an approximate value of $$9.53 million in RGTI stocks shares; and BLACKROCK INC., currently with $$9.03 million in RGTI stock with ownership which is approximately 4.9093%.

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