Benchmark Co. analyst David Williams reiterated a Hold rating on Rigetti Computing (RGTI – Research Report) today. The company’s shares closed last Friday at $0.46.
According to TipRanks, Williams is a 3-star analyst with an average return of 2.4% and a 48.60% success rate. Williams covers the Technology sector, focusing on stocks such as IonQ, D-Wave Quantum, and Rigetti Computing.
Rigetti Computing has an analyst consensus of Moderate Buy, with a price target consensus of $1.25.
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RGTI market cap is currently $59.87M and has a P/E ratio of -0.72.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RGTI in relation to earlier this year.
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Supernova Partners Acquisition Co II Ltd is a blank check company.
Read More on RGTI:
- Rigetti Computing Reports First Quarter 2023 Results
- Rigetti Computing to Report First Quarter 2023 Financial Results and Host Conference Call on May 11, 2023
- Rigetti Computing price target lowered to $1.50 from $2 at Deutsche Bank
- Rigetti Computing price target lowered to $1 from $3 at Needham
- Rigetti Computing Reports Fourth-Quarter and Full-Year 2022 Results
