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0.00229709035222047 0.00153139356814698 0.0030627871362941 0.0030627871362941 0.00229709035222047 0.00382848392036759 0.000765696784073491 0
Stock impact report

Rigetti (RGTI) Rated Buy on Quantum Computing Growth Potential [Yahoo! Finance]

Rigetti Computing, Inc. - Common stock (RGTI) 
Company Research Source: Yahoo! Finance
fourth-quarter fiscal 2025 results, Rosenblatt reiterated a Buy rating and a $40 price target for the company's shares on March 5. The company's EPS of -$0.03 was in line with analyst expectations, but revenue totaled $1.9 million, considerably lower than the expected $2.32 million. The company stated that it had rectified the fidelity issue on the Cepheus-1-108Q machine and intends to ship it at the ideal 99.5% by the end of March. Rosenblatt stated that the comparatively swift resolution of the technical issue highlights the advantages of Rigetti having its own fabrication facility. Meanwhile, Needham maintained a Buy rating on Rigetti Computing Inc. (NASDAQ:RGTI) while lowering its stock price target from $51 to $31, citing sector compression. In addition, the firm raised Rigetti's fiscal 2026 revenue estimate from $18.5 million to $21.0 million, citing increasing system sales as a driving force. Rigetti Computing Inc. (NASDAQ:RGTI) is a quantum computing and semiconductor ha Show less Read more
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