Added to YB: 2024-07-02
Pitch date: 2024-07-01
RGTI [bullish]
Rigetti Computing, Inc.
+2518.3%
current return
Author Info
No bio for this author
Company Info
Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.
Market Cap
$8.5B
Pitch Price
$0.99
Price Target
3.50 (-86%)
Dividend
N/A
EV/EBITDA
-115.37
P/E
-20.79
EV/Sales
1.1K
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
RGTI: Positioned for Growth Amid Quantum Computing Advancements
RGTI: Quantum computing play, MS report flags rising interest. Chart suggests potential $2.50-$3.50 move. Funded through Q4 2025, joining Russell 3000. Possible IBM acquisition target. $1 Aug puts @ $0.10 offer 90¢ entry. Azure Quantum breakthrough bolsters sector. Risks: speculative, pre-revenue. $3.50 PT.
Read full article (1 min)