Where Will Rigetti Computing (RGTI) Stock Be in 1 Year?

Core Viewpoint - Rigetti Computing has experienced significant stock volatility since its SPAC merger, with its stock price fluctuating from $9.75 at its debut to a low of $0.38 and a high of $56.34, currently trading around $22, reflecting a polarized investment sentiment in the quantum computing sector [1][2]. Group 1: Company Overview - Rigetti develops quantum computing chips and systems, utilizing qubits for data processing, which allows for faster performance compared to classical computers, although they are larger, more expensive, and less accurate [4]. - The company manufactures both modular and non-modular quantum processing units (QPUs) and offers a cloud-based platform, Forest, enabling developers to create quantum algorithms, positioning itself as a "full-stack" quantum computing provider [5]. Group 2: Product and Growth Potential - Rigetti has already launched two quantum systems: Ankaa-3, an 84-qubit system, and Cepheus-1-36Q, a 36-qubit system, with plans to introduce a 108-qubit system this year and further systems with over 1,000 qubits by the end of 2027 [6]. - If Rigetti meets its ambitious targets, analysts project a revenue increase of 168% to $20.4 million in 2026, followed by a 123% surge to $45.4 million in 2027, indicating strong growth potential that may justify its current valuation [7].