Core Viewpoint - Rigetti Computing is considered a promising investment opportunity in the quantum computing sector, with analysts projecting significant potential for stock price appreciation despite current financial challenges [1][4]. Company Overview - Rigetti Computing is currently valued at $8.2 billion, but it operates in a start-up mode, generating only $7.5 million in sales over the past 12 months, indicating it is at an early stage of business development [2]. - The stock is priced just below $25 per share, with analysts forecasting a potential rise to at least $40 within a year, and some predicting it could reach $51, which would represent a doubling of the current price [4][8]. Financial Performance - Rigetti's current market capitalization of $8.2 billion corresponds to a staggering price-to-sales ratio of 1,093, given its limited revenue [5]. - Sales have decreased by 43% compared to the previous year, raising concerns about the company's growth trajectory [5]. - Analysts project that Rigetti could achieve $300 million in sales by 2030, but they do not expect the company to be profitable even five years from now [6]. Investment Considerations - Despite the potential for high returns, Rigetti's stock is deemed very expensive and unprofitable at present, leading to caution among investors [8]. - Other investment opportunities have been identified that may offer better returns than Rigetti Computing, as noted by analysts from The Motley Fool [7].
All It Takes Is $2,500 Invested in This Quantum Stock