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0.0018501387604071 0.0018501387604071 0.000308356460067996 0.00123342584027133 0.00275670675300662 0.000308356460067996 0.000308356460067996 0.000308356460067996
Stock impact report

Assessing Rigetti Computing (RGTI) Valuation After New India Contract And 108 Qubit Target Reaffirmation [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
Rigetti Computing (RGTI) is back in focus after securing a US$8.4 million contract with India's Centre for Development of Advanced Computing and reaffirming its goal to deploy a 108 qubit system in 2026. See our latest analysis for Rigetti Computing. The contract news arrives after a sharp 32.6% decline in the 90 day share price return and a 31.6% fall year to date, yet the 1 year total shareholder return is still 44.6%. This suggests that longer term momentum remains stronger than recent trading. If this quantum contract has your attention, it could be a good moment to see what else is moving in the space and check out 24 quantum computing stocks With Rigetti still loss making, revenue at US$7.1 million, and the share price sitting near half of the average analyst target, the key question is whether the recent pullback leaves potential upside on the table or whether the market is already fully accounting for future growth. Most Popular Narrative: 34.1% Undervalued Rigett Show less Read more
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