A New Buy Rating Sparks Interest in Quantum Computing Firm Rigetti
19.01.2026 - 06:54:04 | boerse-global.de
The quantum computing sector is in focus this week following a significant analyst initiation. Rosenblatt Securities commenced coverage on Rigetti Computing with a bullish “Buy” recommendation, setting a price target of $40 per share. This projection suggests a potential upside of more than 56% from Friday’s closing price of $25.59.
Despite the optimistic outlook from analysts, Rigetti confirmed a delay in its product roadmap. The general availability of its 108-qubit system, named Cepheus-1-108Q, has been pushed back. Initially planned for an earlier release, the system is now slated for market readiness by the end of the first quarter of 2026. The company attributed the shift to its pursuit of higher technical precision. Read more...
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