Is Under $10 RGTI Stock the Next 2025 NVIDIA, and Is It a Buy? [Yahoo! Finance]
Rigetti Computing, Inc. (RGTI)
Company Research
Source: Yahoo! Finance
participants expecting it to have the same impact as generative artificial intelligence (AI) in the new year. As a result, a $2 billion quantum computing stock Rigetti Computing, Inc. RGTI has outperformed $3.2 trillion NVIDIA Corporation NVDA this year by a substantial margin (+495.3% vs. +164.7%), leaving the latter lagging in terms of growth. Zacks Investment Research Image Source: Zacks Investment Research This year, NVIDIA's shares have surged due to an increase in data center graphic processing unit (GPU) sales in the booming AI market. But why have Rigetti Computing's shares recently skyrocketed, and is it a recommended buy for next year? Let's see – What Led to the Rise in RGTI Stock? Unlike traditional computers, quantum mechanics are being used by quantum computers to solve problems at a faster pace. Recently, a potential breakthrough in the quantum computing space by Alphabet Inc .'s GOOGL AI division boosted quantum computing stocks including Rigetti Computing. A
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RGTI
News
- Rigetti Computing, Inc. (NASDAQ: RGTI) is now covered by analysts at Craig Hallum. They set a "buy" rating and a $12.00 price target on the stock.MarketBeat
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RGTI
Earnings
- 11/12/24 - In-Line
RGTI
Sec Filings
- 12/13/24 - Form 4
- 12/11/24 - Form 4
- 12/10/24 - Form 144
- RGTI's page on the SEC website