Rigetti Computing Stock Target Price and Analyst Consensus

RGTI Stock  USD 1.74  0.26  17.57%   
The current analyst and expert consensus on Rigetti Computing is Strong Buy, with 4 strong buy opinions. The current projected Rigetti Computing target price consensus is 3.50 with 5 analyst opinions. Check out Macroaxis Advice on Rigetti Computing to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
The most common way Rigetti Computing analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Rigetti Computing executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Rigetti Computing. We strongly encourage you to use your own analysis of Rigetti Computing to validate this buy or sell advice. Rigetti Computing buy-or-sell recommendation module provides average expert sentiment on the projected Rigetti Computing target price to derive its highest and lowest estimates based on projected price volatility of 7.2355.
Lowest Forecast
3.19
Highest Forecast
3.89
Target Price
3.5
The current Gross Profit is estimated to decrease to about 5.2 M. The current Pretax Profit Margin is estimated to decrease to -6.57. As of now, Rigetti Computing's Current Deferred Revenue is increasing as compared to previous years. The Rigetti Computing's current Net Debt is estimated to increase to about 9.6 M, while Total Assets are projected to decrease to under 115.7 M.
  
It's important to approach Rigetti Computing's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Rigetti Computing price targets

Rigetti Computing's stock target price is an estimate of its future price, usually made by analysts. Using Rigetti Computing's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Rigetti Computing's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Rigetti Computing's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Rigetti Computing Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Rigetti Computing is a key component of Rigetti Computing valuation and have some predictive power on the future returns of a Rigetti Computing.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Rigetti Computing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details
Naive
Forecast
LowNextHigh
1.381.381.38
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.07-0.07-0.07
Details

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When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:
Check out Macroaxis Advice on Rigetti Computing to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.