Rgti stock price forecast market sentiment for rgti stock price

Market sentiment for rgti stock price forecast is moderately bullish as the company’s quantum solutions gain traction in AI-driven data processing. Technical charts highlight a breakout possibility above $2.20 if trading volume sustains average daily levels above 2M shares. The consensus earnings estimate of -$0.05 for the current fiscal year indicates a year-over-year change of +86.1%. This estimate has changed -7.8% over the last 30 days. Williams also highlighted Rigetti’s strengthened balance sheet, with $350 million raised during the period, bringing total cash to $570 million. He considers this more than enough to fund ongoing development until the company reaches commercialization. Earnings whispers hint at positive surprises for RGTI in the upcoming quarter, enhancing the rgti stock price forecast. Such upside catalysts could trigger short covering, lifting prices above $2.