RGTI Similar Chart Price Prediction
The price of RGTI is predicted to go up -11.88%, based on the high correlation periods with USB. The similarity of these two price pattern on the periods is 93.22%.
RGTI
USB
Down: -11.88%Similarity: 93.22%
RGTI Revenue Forecast
RGTI EPS Forecast
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RGTI Analyst's Forecast
Craig Ellis
B. Riley Securities
Strong Buy
Price Target
$4 → $8.5
Upside
-5.03%
B. Riley analyst Craig Ellis raised the firm's price target on Rigetti Computing to $8.50 from $4 and keeps a Buy rating on the shares. The company's late-November capital markets activity with a direct offering "significantly bolstered " its cash balances to "materially allay investor sufficiency concerns," the analyst tells investors in a research note. In addition, the firm says Rigetti's Ankaa-3 product announcement showed continued key system and error correction progress. It believes development contracts and then an "increasing array of production workloads" will lend increasingly significant commercial prospects.
Richard Shannon
Craig-Hallum
Strong Buy
Price Target
$12
Upside
+28.07%
Craig Ellis
B. Riley Securities
Strong Buy
Price Target
$3.5 → $4
Upside
+45.45%