Rigetti Shares Face Analyst Scrutiny Following Quarterly Results
18.11.2025 - 16:41:04 | boerse-global.de
Financial analysts have significantly revised their outlook for quantum computing firm Rigetti after the company released its third-quarter 2025 financial report on November 10. While the loss per share of $0.03 came in better than anticipated, a substantial revenue decline prompted several major investment banks to slash their price targets. Market participants now question whether the stock faces prolonged downward pressure or if current concerns are overstated.
Despite the challenging quarterly performance, market data reveals some supportive indicators. Short interest declined by 6.13%, suggesting diminishing bearish sentiment toward the company. Institutional investors maintain significant positions, holding over 35% of outstanding shares, demonstrating continued confidence in Rigetti’s long-term prospects. The analyst consensus rating remains “Moderate Buy,” Read more...
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