Rigetti Computing TodayRGTIRigetti Computing$13.20 +0.13 (+0.96%) 52-Week Range$0.66▼$21.42Price Target$14.20Add to WatchlistWall Street is taking a fresh, bullish look at quantum computing pioneer Rigetti Computing NASDAQ: RGTI. For months, investors have weighed the company’s incredible long-term promise against the high costs of developing its technology. However, a series of smart financial and strategic moves has provided a much clearer picture of Rigetti’s path forward. This has led to a growing chor ...

Core Insights - Rigetti Computing (NASDAQ: RGTI) has seen a significant stock price increase of 15% on July 2, contributing to a nearly 70% rise over the past four months, following Cantor Fitzgerald's initiation of coverage with an Overweight rating and a $15 price target, indicating a potential further increase of about 19% from current prices [2][3] Company Overview - Rigetti specializes in quantum computing, developing superconducting quantum processors and offering cloud-based Quantum Computing as a Service (QCaaS) [4] - The company is advancing its technology with the Ankaa-3, an 84-qubit system, and aims to transition to multi-chip modules, targeting machines with over 100 qubits and the 336-Qubit Lyra by 2026 [4] Financial Performance - Despite technological advancements, Rigetti is still in the research and development phase, with CEO Subodh Kulkarni stating that commercial demand is expected to be 3–5 years away, and widespread adoption could take up to a decade [5] - The company reported a 50% year-over-year revenue decline in Q1 2025, with revenue at $1.5 million and operating losses of $21.6 million [6] Competitive Landscape - Rigetti's end-to-end approach provides flexibility in chip design and cloud access, enhancing its competitive position against rivals like IBM, IonQ, and Google [7] - The partnership with Quanta is expected to bolster commercialization potential, although competition is intensifying with advancements from Google's Willow chip and Amazon's Quantum Embark program [7] Investment Considerations - Rigetti is well-funded with over $575 million in cash, supported by a $350 million equity capital raise and a $250 million partnership with Quanta, and has no debt [6] - The company's valuation is notably high, trading at 478 times the expected sales for 2025, indicating a speculative investment environment [6][8]

Key Takeaways QBTS revenues jumped 509% YoY in Q1, driven by a $12.6M quantum system sale to a German supercomputing center. D-Wave posted a 92.5% gross margin and halved its adjusted EBITDA loss, showing improved operating leverage. A $400M equity raise at 149% premium lifted QBTS' cash to $815M, enabling expansion and strategic flexibility.D-Wave Quantum Inc. (QBTS) is demonstrating strong financial momentum, banking on increased operational scale. In the first quarter of 2025, the company reported a st ...

Now to part of the market that has seen some impressive moves. Quantum stocks jumping yesterday after Caner Fitzgerald initiated coverage on the sector. Quantum computing may be in its early stages still, but valuations are already running high.Joining us now is an analyst who believes the long-term impact could be massive. Ray Wang, Constellation Research founder and chairman. Ray, great to have you with us.And of course, we all know that Alphabet has been in on this and has made some tremendous strides. T ...

Rigetti Computing RGTI is back in the spotlight. After a punishing stretch in 2022 and 2023, the quantum computing firm has staged a remarkable turnaround—its stock soaring more than 1,000% over the past year. Now, Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald analyst Troy Jensen initiated coverage on Rigetti with an Overweight rating and a bullish $15 price target.Although the stocks have all experienced meaningful appreciation and are trading at steep valuations based on any near ...

While still in its nascent stages, the burgeoning field of quantum computing is rapidly attracting significant investor attention due to its immense long-term economic potential, pushing stock valuations well above what near-term revenue or earnings would justify.IonQ, Inc. IONQ stands out among the frontrunners, with Cantor Fitzgerald analyst Troy Jensen initiating coverage with an Overweight rating and a $45 price forecast.IonQ’s trapped-ion approach, which supports room-temperature operations and strong ...

Calls of the day. We lead with Walmart. Uh Missouo says top pick.It's on the list. 115 is the price target. Nice little increase from there.Decade of investment spend has finally reached a tipping point in our view where delivery convenience are on par with anyone in consumer. Those are big words. Joe T.You own that name. Where's the mention about tariffs. Scott, is there anywhere in that report a word tariff.Because that's the problem. And that's the reason why since February, this stock has been on the de ...

Quantum computing leader Rigetti Computing Inc (NASDAQ:RGTI) is surging this morning, up 8.3% at $12.27 at last look, after Cantor Fitzgerald initiated coverage on the equity with an "overweight" rating and $15 price target. Though the firm acknowledged that quantum computing technology is in its early stages in general, it also said the sector represents "one of the most highly coveted technical milestones." Cantor is joining an already optimistic pool of five covering analysts, which all sport a "buy" or ...

Key Takeaways SKYT trades at a 1.39X forward P/S, far below the 8.76X industry average and key semiconductor peers. ThermaView drove a 70% QoQ jump in Wafer Services revenues, now over half from new product offerings. Fab 25 adds 400K wafer starts and $1B in contracts, enhancing SKYT's scale and U.S. foundry positioning.SkyWater Technology (SKYT) shares are currently cheap, as suggested by the Value Score of B. In terms of forward 12-month price/sales (P/S), SKYT is trading at 1.4X, which is significantly ...

NEW YORK and TOKYO, July 02, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), a leading enterprise software and IPO consulting services company based in Tokyo, announced that it has signed an agreement (“Consulting Agreement”) with Cipher Core Co., Ltd. (“Cipher Core”) for its 16th Go IPO consulting service win. As compensation for its services, Cipher Core will pay HeartCore an aggregate of $500,000 in fees, and issue to HeartCore a warrant to acquire 3% o ...