<div id="readability-page-1"><p>Rigetti Computing, Inc. (NASDAQ:RGTI - Get Free Report)'s share price traded up 2.8% during trading on Tuesday . The stock traded as high as $18.30 and last traded at $18.21. 30,506,643 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 32,804,477 shares. The stock had previously closed at $17.71.</p><div><p><span></span><span>Get <strong>Rigetti Computing</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>3 Key Ways D-Wave Is Developing an Advantage in Quantum Computing</li></ul><p>Several analysts recently weighed in on the company. Benchmark dropped their price target on Rigetti Computing from $50.00 to $40.00 and set a &#34;buy&#34; rating for the company in a report on Tuesday, November 11th. Jefferies Financial Group assumed coverage on Rigetti Computing in a research report on Tuesday, December 16th. They set a &#34;hold&#34; rating and a $30.00 price objective on the stock. Williams Trading  set a $40.00 target price on shares of Rigetti Computing in a research report on Tuesday, November 11th. Weiss Ratings  restated a &#34;sell (d-)&#34; rating on shares of Rigetti Computing in a research note on Monday, December 29th. Finally, Wall Street Zen raised shares of Rigetti Computing from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 15th. Eight investment analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $32.60.</p><p><b>Read Our Latest Stock Report on RGTI</b></p><h2>Rigetti Computing Trading Up 2.8%</h2><ul><li>Inside D-Wave’s Major Acquisition—What Changes for Investors</li></ul><p>The business has a 50-day moving average price of $24.36 and a two-hundred day moving average price of $25.73. The stock has a market capitalization of $6.01 billion, a P/E ratio of -14.01 and a beta of 1.70. </p><p>Rigetti Computing (NASDAQ:RGTI - Get Free Report) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. The business had revenue of $1.95 million during the quarter, compared to the consensus estimate of $2.17 million. Rigetti Computing had a negative return on equity of 21.98% and a negative net margin of 4,741.49%.The company's revenue for the quarter was down 18.1% on a year-over-year basis.  On average, sell-side analysts forecast that  Rigetti Computing, Inc. will post -0.34 earnings per share for the current fiscal year. </p><h2>Institutional Trading of Rigetti Computing</h2><ul><li>Find the Next NVIDIA With This Semiconductor ETF</li></ul><p>Several large investors have recently made changes to their positions in the company. IFP Advisors Inc lifted its stake in  Rigetti Computing by 146.1% during the second quarter. IFP Advisors Inc now owns 2,190 shares of the company's stock worth $26,000 after purchasing an additional 1,300 shares during the last quarter.  Danske Bank A S bought a new position in shares of  Rigetti Computing in the 3rd quarter valued at $30,000.  Parallel Advisors LLC raised its holdings in shares of  Rigetti Computing by 403.2% during the 3rd quarter. Parallel Advisors LLC now owns 1,087 shares of the company's stock worth $32,000 after buying an additional 871 shares in the last quarter.  Valley National Advisers Inc. lifted its position in shares of  Rigetti Computing by 1,400.0% during the 4th quarter. Valley National Advisers Inc. now owns 1,500 shares of the company's stock worth $33,000 after buying an additional 1,400 shares during the last quarter.  Finally, Clearstead Advisors LLC acquired a new stake in  Rigetti Computing in the third quarter valued at about $35,000. Institutional investors and hedge funds own  35.38% of the company's stock. </p><h2>Rigetti Computing Company Profile</h2> (Get Free Report)<p>Rigetti Computing is a pioneering quantum computing company that designs and manufactures superconducting quantum processors alongside a complementary software stack. Founded in 2013 by CEO Chad Rigetti, the company has developed end-to-end quantum systems—from cryogenic hardware to control electronics—to advance the performance and scalability of quantum machines.  </p><p>At the core of Rigetti's offering is its Quantum Cloud Services (QCS) platform, which enables developers and enterprises to access quantum processing units (QPUs) and hybrid quantum-classical workflows via the cloud.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Rigetti Computing</li><li>The day the gold market broke</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>ALERT: Drop these 5 stocks before the market opens tomorrow!</li><li>Ticker Revealed: Pre-IPO Access to &#34;Next Elon Musk&#34; Company</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Rigetti Computing Right Now?</h2><p>Before you consider Rigetti Computing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rigetti Computing wasn't on the list.</p><p>While Rigetti Computing currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Rigetti Computing (NASDAQ:RGTI) shares rose 2.8% to $18.21, with a trading volume of 30.5 million shares. Analysts have mixed ratings: Benchmark lowered its target from $50 to $40 (buy), Jefferies set a hold at $30, and Weiss Ratings maintained a sell. The stock has a consensus rating of "Moderate Buy" with an average target of $32.60. Rigetti reported a quarterly EPS of ($0.03), beating estimates, but revenue fell 18.1% year-over-year. Institutional investors hold 35.38% of the stock, reflecting growing interest in the quantum computing sector.</p>

Rigetti Computing (NASDAQ:RGTI) Trading 2.8% Higher - What's Next?