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Prediction: This Will Be Rigetti Computing’s Stock Price in 1 Year

Prediction: This Will Be Rigetti Computing’s Stock Price in 1 Year

Rigetti Computing (RGTI +2.59%) has built some of the most capable quantum computers on the market today. The company is unique because it does almost everything in-house, from fabricating its own quantum chips to developing its own quantum programming language, which means it can innovate faster than most of its competitors.

However, Rigetti stock is currently down 74% from its all-time high from last October. Unfortunately, while quantum computers hold a lot of promise in areas like science and cryptography, even the best systems still make too many errors to solve real-world problems. As a result, Rigetti’s revenue hasn’t grown as quickly as investors expected, which is why its stock is under so much pressure.

I think there might be…

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