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0 0.00330639235855988 0.00514327700220428 0.00477590007347535 0.00404114621601761 0 -0.00808229243203536 -0.00808229243203536
Stock impact report

Rigetti Computing (RGTI) Valuation Check After New UK Quantum Expansion And Novera QPU Sale [Yahoo! Finance]

Rigetti Computing, Inc. - Common stock (RGTI) 
Company Research Source: Yahoo! Finance
Rigetti Computing (RGTI) is back in focus after committing up to US$100 million to expand quantum operations in the UK and after selling a 9 qubit Novera QPU to the University of Saskatchewan. See our latest analysis for Rigetti Computing. Rigetti's latest UK investment plan and new Novera QPU sale come after a sharp 1-year total shareholder return of about 80%, even as the year to date share price return shows a 40.5% decline that points to fading short term momentum. If this quantum story has your attention, it may be worth seeing how other names in the space stack up, starting with 24 quantum computing stocks With a 1 year total return close to 80%, a recent 40% share price pullback, and a market value of about US$4.3b versus a consensus price target near US$31.54, is there still a buying opportunity here or is the market already pricing in future growth? Most Popular Narrative: 42.7% Undervalued Compared to Rigetti Computing's last close at $14.04, the most followed n Show less Read more
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