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Rigetti Computing Inc. (NASDAQ:RGTI) ranks among the stocks that could 10x over the next 10 years. Following Rigetti Computing Inc. (NASDAQ:RGTI)’s fourth-quarter fiscal 2025 results, Rosenblatt reiterated a Buy rating and a $40 price target for the company’s shares on March 5. The company’s EPS of -$0.03 was in line with analyst expectations, but revenue totaled $1.9 million, considerably lower than the expected $2.32 million.
The company stated that it had rectified the fidelity issue on the Cepheus-1-108Q machine and intends to ship it at the ideal 99.5% by the end of March. Rosenblatt stated that the comparatively swift resolution of the technical issue highlights the advantages of Rigetti having its own fabrication facility.
Meanwhile, Needham maintained a Buy rating on Rigetti Computing Inc. (NASDAQ:RGTI) while lowering its stock price target from $51 to $31, citing sector compression. In addition, the firm raised Rigetti’s fiscal 2026 revenue estimate from $18.5 million to $21.0 million, citing increasing system sales as a driving force.
Rigetti Computing Inc. (NASDAQ:RGTI) is a quantum computing and semiconductor hardware company that designs and builds superconducting quantum processors. Through its cloud-based platform, the company provides quantum-computing-as-a-service to commercial, academic, and government partners.
While we acknowledge the potential of RGTI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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