This summary was created by AI, based on 4 opinions in the last 12 months.
Experts agree that RGTI, a quantum computing company, is currently in a hype cycle with low revenues and high risk. They caution against investing at the current stage, pointing out the massive negative cash flow and the company's substantial losses. While there is potential for significant growth in the future, the consensus is that it is too early to consider RGTI as a viable investment option.
Quantum computing now is in a classic hype cycle. Don't take any options. Take some profits. There's a lot of volatility in this space; these companies are not profitable. But in a few years, you will wish you had got in on the ground floor.
RGTI is in the quantum computing space so it is getting a lot of attention currently. Revenues are fairly low with $11 mln expected next year compared to the market cap at $2.5 bln. The company is losing money currently. We would view it as high risk and speculative.and we would consider it one to watch only. The quantum computing space is the current 'hot' sector, but commercialization is years awy. RGTI has massive negative cash flow. It does have $80M cash. We would consider it very very risky at this point. If quantum is going to be 'the next big thing' there will be lots of time to buy this. We would like to see higher revenues and cash flow at least getting towards break even. Certainly the stock could still move higher on momentum and speculation, but we cannot justify purchase on any fundamentals.
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Rigetti Computing is a American stock, trading under the symbol RGTI-Q on the NASDAQ (RGTI). It is usually referred to as NASDAQ:RGTI or RGTI-Q
In the last year, 4 stock analysts published opinions about RGTI-Q. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rigetti Computing.
Rigetti Computing was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Rigetti Computing.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Rigetti Computing In the last year. It is a trending stock that is worth watching.
On 2025-01-17, Rigetti Computing (RGTI-Q) stock closed at a price of $9.83.
Nvidia CEO, Jensen Huang, said that quantum computing has a long way to go, which crushed quantum computing stocks today. This sector got overheated. These stocks have even more downside ahead. They're losing tons of money and have zero or very little revenue. Frothy and excessive. RGTI was $1 just last October. It's not too late to sell.