Rigetti Computing (RGTI) Stock Forecast & Price Target

Rigetti Computing Inc. is positioned favorably with expectations of significant revenue growth driven by anticipated sales in the second half of 2026, as indicated by the updated discounted cash flow (DCF) model with a projected increase in out-year revenue figures. The company's gross margins are also forecasted to expand notably, from 40.8% in 2025 to 60.9% by 2035, reflecting improvements in production scale and operational efficiency. Additionally, the recent order from India's C-DAC underscores confidence in Rigetti's ability to achieve critical technological milestones, further supporting the positive outlook on the company's future performance in quantum computing.

Rigetti Computing Inc. reported a revenue miss of 10% in its most recently disclosed quarter, with revenues of $1.95 million reflecting an 18% year-over-year decline, contributing to a stock drop of 5.1% compared to a gain in the broader market. The company is anticipated to face net losses and negative cash flow until at least 2031, raising concerns about its financial sustainability and operational capacity without sufficient capital. Additionally, limited access to capital markets may hinder Rigetti's investment capabilities, which poses a significant risk to its ability to generate revenue and profitability in an already uncertain industry timeline.