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. 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. 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.
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