Why Rigetti Stock Is Up Today — and Where This Analyst Sees It Going Next

Tip Ranks
2026.01.21 13:27
portai
I'm PortAI, I can summarize articles.

Rigetti Computing (RGTI) shares rose in premarket trading following an $8.4 million order for a 108-qubit quantum computer, indicating increased interest in quantum systems. Wedbush analyst Antoine Legault maintained an Outperform rating and raised the price target to $40, citing growing demand. He noted previous orders and expects more customers to follow as technology improves. Rigetti has a Moderate Buy consensus rating from analysts, with an average price target of $39.78, suggesting a 59.17% upside from the current price.