Is Rigetti Computing Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: RGTI) stock is to Strong Buy RGTI stock.
Out of 3 analysts, 2 (66.67%) are recommending RGTI as a Strong Buy, 1 (33.33%) are recommending RGTI as a Buy, 0 (0%) are recommending RGTI as a Hold, 0 (0%) are recommending RGTI as a Sell, and 0 (0%) are recommending RGTI as a Strong Sell.
What is RGTI's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: RGTI) forecast ROE is -43.49%, which is considered weak.
What is RGTI's Price Target?
According to 3 Wall Street analysts that have issued a 1 year RGTI price target, the average RGTI price target is $3.17, with the highest RGTI stock price forecast at $3.50 and the lowest RGTI stock price forecast at $3.00.
On average, Wall Street analysts predict that Rigetti Computing's share price could reach $3.17 by Mar 15, 2025. The average Rigetti Computing stock price prediction forecasts a potential upside of 168.39% from the current RGTI share price of $1.18.
What is RGTI's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: RGTI) forecast ROA is -29.81%, which is lower than the forecast US Computer Hardware industry average of 11.7%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.