Rigetti Computing, Inc. (RGTI) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Get detailed Rigetti Computing, Inc. (RGTI) stock forecast for 2024, monthly, along with long-term RGTI price prediction from 2025 to 2050. Look at historical stock performance, analyst recommendations (Buy, Sell, or Hold), and the latest Rigetti Computing, Inc. headlines.
1 Month Prediction
$2.75 [-63.21%]
3 Month Prediction
$2.97 [-60.29%]
6 Month Prediction
$2.10 [-71.83%]
1 Year Prediction
$2.30 [-69.23%]
3 Year Prediction
$2.56 [-65.68%]
5 Year Prediction
$2.83 [-62.13%]
About Rigetti Computing, Inc.
Rigetti Computing, Inc. is an American quantum computing company headquartered in Berkeley, California. Founded in 2013 by physicist Chad Rigetti, the company develops quantum integrated circuits and offers cloud-based platforms for quantum algorithm development.
Rigetti's main products are quantum processors and the Forest cloud platform, which enables programmers to write quantum algorithms using the Quantum Instruction Language (Quil).
Also, their quantum processors integrate with their Quantum Cloud Services (QCS) platform, which allows users to access and program their quantum computers remotely.
The company operates its own fabrication facility, Fab-1, in Fremont, California, completely dedicated to the rapid prototyping of quantum integrated circuits.
Rigetti Computing, Inc. (RGTI) Historical Performance
IPO Date
Rigetti Computing, Inc. (NASDAQ:RGTI) went public on 02 March, 2022.
Change
Since inception, RGTI has fallen from $9.95 to $7.47, a massive -24.92% decrease since 2022.
Historical Highs and Lows
In the past 3 years, the stock reached a high of $9.95 and a low of $0.47.
52 Week Range
$0.66
$12.75
The current price $7.47 is not near the 52-week extremes, which means that the stock is neither overbought nor underbought.
RGTI Stock Price History
Based on RGTI stock's historical price data, this table shows how the stock has performed in the last 3 years. Since 2021, the RGTI stock has fallen from $0.73 - $9.95 to $0.78 - $7.47, which is down -81.26%. Currently, the stock follows downward trend.
Here, we have calculated stock range of RGTI, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
Year | Stock Price | Avg Price | Change% | Year Change |
---|---|---|---|---|
2022 | $0.73 - $9.95 | $5.01 | -50.05 | 1 Year Change |
2023 | $0.47 - $2.49 | $1.13 | -88.73 | 2 Year Change |
2024 | $0.78 - $7.47 | $1.88 | -81.26 | 3 Year Change |
RGTI Price Performance
6-Month Performance
RGTI stock jumped by 625.24% in the last six months.
1-Year Performance
The stock has trended upwards by 502.42% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 24.92%.
5-Year Performance
In the last 5 years, the stock has gone down by 23.46%.
According to Rigetti Computing, Inc.'s historical data, below graph gives us the exact picture of how the RGTI stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 1 year.
2022
92.92% ↓
2023
35.12% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Rigetti Computing, Inc. (RGTI) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $2.38 M (Q3)
Revenue for Q3 ending 30th September, 2024 decreased 22.94% compared to Q2 ending 30th June, 2024.
Annual Revenue: $11.89 M (1Y)
Revenue for trailing 12 months decreased 0.97% year over year from 31st December, 2023.
If compared to the last 4 years, the revenue has gone up from $735.48 thousand to $11.89 million, a 1,516.90% change.
Market Capitalization
Rigetti Computing, Inc. has a market capitalization of $2.09B, which places RGTI in the mid-cap category.
Fundamental Analysis
EPS: $-0.08 (Q3), $-0.57 (1Y)
EPS increased 14.29% since last quarter, and decreased 18.57% since last year.
Net Income: $-14.83 M (Q3), $-75.11 M (1Y)
Net Income increased 19.42% since last quarter, and increased 5.01% since last year.
Free Cash Flow: $-17.70 M (Q3), $-59.64 M (1Y)
Free Cash Flow increased 13.77% since last quarter, and decreased 30.19% since last year.
Net Profit Margin: -623.76% (Q3), -631.58% (1Y)
Net Profit Margin increased 54.97% since last quarter, and increased 6.04% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for RGTI stock. These indicators help you understand Rigetti Computing, Inc.'s financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for RGTI stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
Technical Indicators | Value |
---|---|
SMA20 | $4.98 |
SMA50 | $2.74 |
SMA200 | $1.51 |
RSI | 65.05 |
Beta | 2.14 |
SMA20 < Current Price
This signals RGTI stock is in short-term bullish momentum.
SMA50 < Current Price
This signals RGTI stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals RGTI stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for RGTI stock is Neutral. Out of all indicators, 4 indicates bullish signals, 1 signals bearish trends and 4 gives neutral trends. The RGTI stock forecast was last updated on 19 December, 2024.
Rigetti Computing, Inc. (RGTI) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to fall to $2.30 by the end of 2025, and can reach around $3.06 to $3.33 in 2026. And, the long-term forecast suggests that the stock may further drop to $7.70 - $1.22 in 2028, and $2.40 - $3.65 by 2031. So, the RGTI stock shows a strong downward trend in the next several years.
Short-term RGTI Stock Price Prediction & Forecast
Date | Forecasted Price | Change% |
---|---|---|
2025-01 | $2.75 | -63.19% |
2025-02 | $3.25 | -56.49% |
2025-03 | $2.97 | -60.24% |
2025-04 | $2.74 | -63.32% |
2025-05 | $2.43 | -67.47% |
2025-06 | $2.10 | -71.89% |
2025-07 | $4.00 | -46.45% |
2025-08 | $3.26 | -56.36% |
2025-09 | $2.72 | -63.59% |
2025-10 | $2.39 | -68.01% |
2025-11 | $2.36 | -68.41% |
2025-12 | $2.30 | -69.21% |
In 2025, the RGTI stock price is expected to fluctuate between $2.1 and $4.0. According to the monthly forecast, the stock could drop to $2.30 by December 2024. If compared to the RGTI's current price, the stock could lose -69.21% by the end of this year.
Long-term RGTI Stock Price Prediction & Forecast
Year | Year Start | Year Mid | Year End | Change% |
---|---|---|---|---|
2026 | $3.06 | $4.47 | $3.33 | -55.42% |
2027 | $1.88 | $5.98 | $2.81 | -62.38% |
2028 | $7.70 | $5.52 | $1.22 | -83.67% |
2029 | $5.06 | $4.24 | $0.52 | -93.04% |
2030 | $3.84 | $2.51 | $3.62 | -51.54% |
2031 | $2.40 | $2.69 | $3.65 | -51.14% |
2032 | $4.12 | $2.77 | $3.26 | -56.36% |
2033 | $2.92 | $1.00 | $2.24 | -70.01% |
2034 | $6.35 | $4.99 | $5.25 | -29.72% |
2035 | $2.64 | $2.78 | $4.56 | -38.96% |
2036 | $4.09 | $5.14 | $2.42 | -67.6% |
2037 | $5.16 | $2.39 | $2.29 | -69.34% |
2038 | $7.95 | $12.89 | $5.41 | -27.58% |
2039 | $1.83 | $6.77 | $4.28 | -42.7% |
2040 | $5.08 | $0.04 | $5.20 | -30.39% |
2041 | $7.76 | $9.06 | $1.53 | -79.52% |
2042 | $2.23 | $4.46 | $3.09 | -58.63% |
2043 | $5.90 | $9.51 | $1.23 | -83.53% |
2044 | $4.17 | $12.38 | $1.90 | -74.56% |
2045 | $9.25 | $7.11 | $5.14 | -31.19% |
2046 | $8.36 | $9.96 | $5.88 | -21.29% |
2047 | $1.91 | $5.14 | $11.54 | 54.48% |
2048 | $5.43 | $13.34 | $10.54 | 41.1% |
2049 | $5.88 | $8.45 | $7.51 | 0.54% |
2050 | $7.97 | $8.45 | $6.22 | -16.73% |
Rigetti Computing, Inc. (RGTI) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the RGTI stock was at $1.24. Today, it is trading at $7.47, which is 502.42% increase from price at the beginning of the year.
In early 2025, the RGTI price is expected to descend to $4.12, a change of -44.84% from the current price. By mid-2025, the stock may move down by -72.33% on $1.14 and end the year at $1.53, which is -79.53% compared to today's price.
Rigetti Computing, Inc. (RGTI) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the RGTI stock. During this period, the RGTI's price is forecasted to shift from $3.06 to $3.62, which is 18.30% gain.
In 2026, the stock would possibly open at $3.06, escalates to $4.47 by mid-year, and wraps up at $3.33, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $3.84, soar to $2.51 by mid-year, and finish at $3.62, which is -51.50% change from current price.
Rigetti Computing, Inc. (RGTI) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $2.40 to $5.20, which is up -51.17%
In 2031, we can expect RGTI to fluctuate between $2.40 and $3.65, a shift indicating a -51.17% loss by year-end compared to current price. And Until 2040, RGTI can likely vary from $5.08 to $5.20. By the end of 2040, the stock could record a -30.34% fall from today's stock price.
Rigetti Computing, Inc. (RGTI) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the RGTI stock can see an a downturn from $7.76 to $6.22 in this period. In 2041, the stock can experience a high of $9.06 by mid-year, closing the year at $1.53. This results in a 21.26% increase from today.
Moving towards the end of 2050, RGTI is projected to open the year at $7.97. The stock may peak to $8.45 during mid-year and finish the year at $6.22. Compared to the stock's current price, this translates to an overall loss of -16.68% by 2050.
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RGTI : Buy, Sell Or Hold?
Analyst Ratings
Based on 5 analysts, 1 rated as a strong buy, 4 recommended a buy, 0 suggested a hold, 0 advised a sell, and 0 indicated a strong sell.So, according to analyst ratings, the recommendation for RGTI stock is Buy.
Expert Analysis
According to RGTI short-term and long-term forecast, Rigetti Computing, Inc. shares are projected to go down by 16.73%, and reach a value of $6.22 per share by 2050.
As per technical analysis, indicators show a Neutral sentiment, while Fear & Greed Index stands at 57.142857142857146, which signals Greed. Also, RGTI has recorded 11/30 green days, which reflects a 50.0% positivity rate with a price volatility of 0.19%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that RGTI stock is undervalued. So, Based on RGTI prediction and analysis, it may be the best time to hold RGTI stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "RGTI” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.