Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Wedbush Initiates Rigetti Computing (RGTI) with Outperform Rating Highlighting Decadelong Expertise in Superconducting Qubit Technology [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
of Rigetti Computing with an Outperform rating and $35 price target. The firm views Rigetti as a prime beneficiary of the growing quantum sector, citing its decade of expertise and focus on superconducting qubits. This specific technology leads the field in versatility and use cases, backed by heavy funding from major global players and government entities, therefore positioning Rigetti at the center of the industry's long-term expansion. On December 16, Jefferies initiated coverage of Rigetti Computing with a Hold rating and $30 price target. The company is positioned to capitalize on the initial momentum of the quantum computing cycle, but Jefferies believes that the stock's potential is tempered by risks related to execution and revenue concentration. The company must demonstrate a period of on-time delivery to overcome the credibility issues caused by previous roadmap delays. Rigetti's heavy reliance on government contracts limits short-term financial visibility. Additionally, Show less Read more
Impact Snapshot
Event Time:
RGTI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RGTI alerts
Opt-in for
RGTI alerts

from News Quantified
Opt-in for
RGTI alerts

from News Quantified