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Rigetti Computing (RGTI) Stock Could Be 26.5% Overvalued After $100 Million Funding Deal
Simply Wall St.58d agoneutral
Rigetti Computing (RGTI) Stock Could Be 26.5% Overvalued After $100 Million Funding Deal

Rigetti Computing (RGTI) is back in focus after signing a letter of intent with the U.S. Department of Commerce for up to US$100 million in superconducting quantum R&D funding and joining HPE’s hybrid quantum supercomputing consortium. See our latest analysis for Rigetti Computing. For context, Rigetti Computing’s share price has been volatile, with a 1 month share price return of 21.81% and a 3 month share price return of 31.38%. Yet year to date the share price is down 14.22%, while the 1...

IonQ, Rigetti, D-Wave, and Quantum Computing Inc. All Fall 5% to 7% as the Quantum Rally Reverses
24/7 Wall St.60d agoneutral
IonQ, Rigetti, D-Wave, and Quantum Computing Inc. All Fall 5% to 7% as the Quantum Rally Reverses

Shares of four major quantum computing names are sliding in unison Tuesday afternoon, reversing nearly all of Monday’s sharp rally. Rigetti Computing (NASDAQ:RGTI) stock leads the decline, down 7% to $21.17 in midday trading. The selloff is hitting the entire group, with no company-specific headline behind the move. IonQ (NYSE:IONQ) stock is down 5%, while ... IonQ, Rigetti, D-Wave, and Quantum Computing Inc. All Fall 5% to 7% as the Quantum Rally Reverses

Rigetti Computing (RGTI) Offers Attractive Potential for the Next 5 Years
Insider Monkey60d agoneutral
Rigetti Computing (RGTI) Offers Attractive Potential for the Next 5 Years

Rigetti Computing Inc. (NASDAQ:RGTI) is one of the 10 best computer hardware stocks to buy for the next 5 years. On May 21, Rigetti Computing Inc. (NASDAQ:RGTI) publicly announced the signing of a letter of intent with the U.S. Department of Commerce for funding of up to $100 million over three years. The funds will […]

Quantum Computing and D-Wave Quantum Jump 12%, Rigetti Climbs 9%, IonQ Gains 6% Amid Risk-On Optimism
24/7 Wall St.61d agobullish
Quantum Computing and D-Wave Quantum Jump 12%, Rigetti Climbs 9%, IonQ Gains 6% Amid Risk-On Optimism

Shares of Quantum Computing Inc. (NASDAQ:QUBT) stock and D-Wave Quantum (NYSE:QBTS) stock are both up 12% in Monday morning trading, leading a broad rally across the handful of publicly traded quantum-computing pure plays. QUBT stock is changing hands near $11.10, while QBTS stock has climbed to around $26.14. Rigetti Computing (NASDAQ:RGTI) stock is up 9% ... Quantum Computing and D-Wave Quantum Jump 12%, Rigetti Climbs 9%, IonQ Gains 6% Amid Risk-On Optimism

Rigetti Funding Agreements And Cloud Launch Frame Quantum Growth Ambitions
Simply Wall St.63d agoneutral
Rigetti Funding Agreements And Cloud Launch Frame Quantum Growth Ambitions

Rigetti Computing (NasdaqCM:RGTI) secured a non-binding agreement for up to US$100 million in CHIPS Act funding tied to a minority federal equity stake. The company launched its 108 qubit Cepheus 1 108Q quantum system on major quantum cloud platforms. Rigetti announced plans for a major international expansion, including a potential US$100 million investment in the UK to develop a 1,000 plus qubit system within a few years. Rigetti Computing focuses on building and operating quantum...

Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets
24/7 Wall St.64d agobullish
Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

Acquisition speculation is the lifeblood of cult-stock trading. The cleanest takeover targets share three traits: strategic value to a deep-pocketed partner, a cash runway that does not force a fire sale, and proprietary intellectual property that a giant cannot easily replicate. This is a scenario analysis, not a report on any announced or imminent deal. ... Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets