Updated
Updated · Quiver Quantitative · Jun 21
Rigetti Draws $33 Median Price Target as Analysts Back Quantum Stock
Updated
Updated · Quiver Quantitative · Jun 21

Rigetti Draws $33 Median Price Target as Analysts Back Quantum Stock

2 articles · Updated · Quiver Quantitative · Jun 21

Summary

  • $33 is the median price target from six analyst calls on Rigetti Computing over the past six months, with recent targets ranging from $25 to $40.
  • Two firms—Rosenblatt and Wedbush—carry bullish ratings after issuing Buy or Outperform calls in January, reinforcing optimism around Rigetti's superconducting quantum approach.
  • Rigetti reported Q1 2026 revenue of $4.4 million, up 198.91% from a year earlier, even as the stock remains framed as a high-risk, long-term commercialization bet.
  • Insiders sold shares 10 times and bought none in the past six months, while institutional positioning was mixed, with 232 investors adding shares and 277 trimming holdings.

Insights

With top executives selling millions, is Rigetti's quantum dream a bubble about to burst?
As rivals claim 'quantum advantage,' can Rigetti win the race before its cash runs out?