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0 -0.00112994350282483 0.00112994350282483 0.00225988700564987 0.00790960451977404 0.00564971751412437 0.00677966101694921 0.00903954802259888
Stock impact report

Where Will Rigetti Computing Be in 10 Years? [Yahoo! Finance]

Rigetti Computing, Inc. (RGTI) 
Company Research Source: Yahoo! Finance
It designs and manufactures its own quantum processing units (QPUs), builds full quantum computing systems, and hosts a cloud platform for developing quantum applications. Rigetti has been a wildly unpredictable stock. It opened at $9.75 per share on the first day after closing its SPAC merger, sank to a record low of $0.38 in May 2023, but now trades at around $8. With a market cap of $2.38 billion, it's already valued at a whopping 170 times this year's sales. Let's look ahead and see if Rigetti can justify its sky-high valuations over the next decade. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Traditional computers still store their data in binary bits of zeros and ones. Quantum computers can store zeros and ones simultaneously in qubits, which allows them to process larger amounts of data at a much faster rate than their binary counterparts. However, quantum computers are still much b Show less Read more
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