What's Going On With Rigetti Computing Stock Today?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
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Source: Benzinga
New ETF Launch: Rigetti Computing's shares fell following the announcement of a new 2X leveraged single-stock ETF, RGTX, by Defiance ETFs, designed to amplify exposure to Rigetti's stock performance.
Financial Performance and Growth: Despite a slight miss in revenue expectations for Q4, Rigetti's strategic partnership with Quanta Computer indicates potential growth in the quantum computing market, as both companies plan to invest over $100 million in the next five years.
Analyst Views on PTF
Wall Street analysts forecast PTF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PTF is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 84.381
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Current: 84.381
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
