Rigetti Computing Inc. is a company focused on building quantum computing systems to solve complex problems beyond the capabilities of traditional computers. Founded in 2013, Rigetti is known for its development of both quantum hardware and software, offering solutions that help businesses and researchers explore quantum computing applications. RGTI Stock Price on NASDAQ as of 12 December 2024 is 7.38 USD. Here will provide you more details on RGTI Stock Price Prediction 2024, 2025, 2026 to 2030.
Rigetti Computing Inc: Market Overview
- Open: $7.95
- High: $7.96
- Low: $5.78
- Mkt cap: $178.81Cr
- P/E ratio: N/A
- Div yield: N/A
- 52-wk high: $7.96
- 52-wk low: $0.66
RGTI Stock Price Chart
RGTI Stock Price Prediction Tomorrow 2024 To 2030
RGTI Stock Price Prediction Years | Stock Price Prediction |
2024 | $8 |
2025 | $10 |
2026 | $12 |
2027 | $14 |
2028 | $16 |
2029 | $18 |
2030 | $20 |
RGTI Stock Price Prediction 2024
RGTI Stock Price Prediction 2024 Expected Price could be $8. Here are 4 Key Factors Affecting Growth for RGTI Stock Price Prediction in 2024:
- Advancements in Quantum Hardware: Rigetti’s progress in improving quantum computing hardware, including higher qubit stability and error correction, will drive its growth and attract more customers seeking cutting-edge technology.
- Strategic Partnerships and Collaborations: Forming partnerships with tech giants, research institutions, and government agencies can help Rigetti expand its market reach and secure valuable contracts, boosting revenue potential.
- Quantum Software Development: Continued development of Rigetti’s quantum software platform, including tools for developers and businesses to leverage quantum computing, will play a key role in increasing adoption and supporting growth.
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Increased Demand for Quantum Solutions: As industries like pharmaceuticals, finance, and AI seek to solve complex problems with quantum computing, Rigetti’s solutions may see growing demand, positioning the company for strong growth in 2024.
RGTI Stock Price Prediction 2025
RGTI Stock Price Prediction 2025 Expected Price could be $10. Here are 4 Key Factors Affecting Growth for RGTI Stock Price Prediction in 2025:
- Maturity of Quantum Computing Technology: As quantum computing technology matures and becomes more commercially viable, Rigetti’s ability to offer scalable and efficient quantum systems will be a major growth driver.
- Expansion of Quantum Cloud Services: The growing demand for quantum cloud services, allowing businesses to access quantum computing without needing on-premise hardware, will expand Rigetti’s customer base and revenue streams.
- Industry-Specific Applications: Success in key industries, such as pharmaceuticals, finance, and logistics, where quantum computing can solve complex optimization and simulation challenges, will fuel demand for Rigetti’s solutions.
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Government and Private Sector Funding: Increased investments and funding in quantum research, particularly from governments and private investors, will enable Rigetti to continue advancing its technology and support its growth strategy.
RGTI Stock Price Prediction 2030
RGTI Stock Price Prediction 2030 Expected Price could be $20. Here are 4 Risks and Challenges for RGTI Stock Price Prediction in 2030:
- Technological Competition: Rigetti faces intense competition from larger companies like IBM, Google, and Microsoft, which are investing heavily in quantum computing and could outpace Rigetti in terms of technological advancements and market share.
- Scalability Challenges: Quantum computing is still in its early stages, and challenges related to scaling up quantum systems, such as qubit stability and error correction, could hinder Rigetti’s growth and ability to meet market demands by 2030.
- Regulatory and Ethical Issues: As quantum computing evolves, governments may impose regulations regarding data security, privacy, and ethical concerns, which could affect the development and deployment of quantum solutions.
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Market Adoption and Integration: The adoption of quantum computing in mainstream industries may be slower than anticipated, as businesses face challenges integrating quantum solutions into their existing systems, potentially limiting the overall growth of Rigetti’s customer base.
Rigetti Computing Inc Financials
(USD) | 2023 | Y/Y change |
Revenue | 12.01M | -8.35% |
Operating expense | 80.51M | -29.33% |
Net income | -75.11M | -5.01% |
Net profit margin | -625.47 | -14.58% |
Earnings per share | -0.47 | -122.67% |
EBITDA | -63.88M | 33.93% |
Effective tax rate | — | — |
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